Founded in February 2001, it is today not only India's largest eCommerce company (having eTransacted worth over Rs 5,56,858 crore till date) but also runs the world's largest eMarketplace for steel.


Mjunction services limited is a 50:50 joint venture of two Indian steel conglomerate – the Steel Authority of India Ltd (SAIL) and Tata Steel.[1] It started operating in 2001 and was initially called Headquartered in Kolkata,West Bengal, it primarily facilitated the online sale of steel. Subsequently, it moved into new areas of business and now offers e-selling, e-sourcing, e-finance, e-retail and knowledge services across diverse industry verticals.