India's ₹1.8 Lakh Crore Auction Market Gets Its 'UPI Moment': OTOBIDS Wins India's First Patent for Multi-Platform Auction Tech
Apr 09, 2026
Mumbai (Maharashtra) [India], April 9: In a development that will reshape India's asset auction landscape, OTOBIDS Pvt. Ltd., part of Sheerdrive, has secured India's first patent for a unified, multi-platform auction technology, bringing fragmented marketplaces onto a single interface and supporting more efficient price discovery at scale.
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