Containerway International Signs Marketing Tie-up MOU with Sufin Limited
Containerway International Ltd has entered into a Memorandum of Understanding (MOU) with Sufin Limited for a marketing tie-up. This collaboration aims to promote, market, sell, and supply Containerway's products through Sufin's B2B marketplace (www.Intsufin.com) and mobile application (L&L - SuFin). The agreement is for the Indian market. Containerway will be responsible for product manufacturing, sourcing, supply, pricing, fulfillment, and after-sales service. Sufin Limited will provide a platform for promotion and sales. An initial payment of ₹5,00,000 was made on signing, with further installments of ₹2,50,000 each totaling ₹10,00,000. This partnership is expected to boost the promotion, marketing, sale, and supply of Containerway's products.
Key Highlights
- MOU signed with Sufin Limited for marketing and sales collaboration.
- Products to be promoted and sold via Sufin's B2B marketplace and app.
- Initial payment of ₹5,00,000 made, with ₹10,00,000 total consideration.
- Expected to increase promotion, marketing, and sales of company products.
Price Impact
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