mjunction facilitates sale of 3,200 tonnes of onions through NAFED, NCCF auctions

Kolkata: mjunction Services has facilitated the sale of more than 3,200 metric tonnes of onions through digital auctions for government agencies NAFED and NCCF, strengthening its presence in agricultural commodity sales as the government steps up efforts to improve market availability and contain price pressures.

The company conducted eAuctions on behalf of the National Agricultural Cooperative Marketing Federation of India (NAFED) and the National Cooperative Consumers’ Federation of India (NCCF), following upward pressure on onion prices since July 2026 and the government's decision to release buffer stocks into major consumption markets.

mjunction was entrusted with conducting the auctions across markets including Delhi NCR, Guwahati, Ranchi and Kolkata. The exercise involved mobilising buyers, ensuring transparent bidding, facilitating timely payments and coordinating the lifting of stocks within stipulated timelines — particularly critical for perishable commodities such as onions.


Through its digital platform, the company enabled registered traders to participate in competitive bidding, facilitating market-based price discovery while maintaining electronic transaction records for transparency and accountability. It also mobilised field teams, engaged with traders across major mandis and registered prospective buyers, while introducing specific platform features to address the operational requirements of onion sales.

With auctions conducted daily and payments collected within a few hours, coordination between technology, field and operations teams has been central to the execution. The initiative has enabled mjunction to facilitate the sale of more than 3,200 MT of onions, supporting the government's efforts to improve supplies and moderate price increases.

The company has also extended its agricultural eAuction services to sugar, conducting auctions for the Haryana State Cooperative Supply and Marketing Federation (HAFED). For this assignment, mjunction undertook targeted market outreach across Haryana, Delhi and Uttar Pradesh to identify and engage prospective buyers.

Sugar is offered through the platform in lorry-wise lots. Following auction approval, successful buyers receive online delivery orders and complete payments on the same day, integrating bidding, payment and delivery into a structured digital process.

Commenting on the assignments, Vinaya Varma, MD & CEO, mjunction services limited, said, “When government agencies need to release agricultural commodities into the market, transparency in the selling process is as important as the speed of execution. This becomes particularly critical for perishable commodities like onions, where delays can create operational challenges. Our role is to bring together technology, buyer participation and on-ground execution to facilitate these transactions efficiently. The onion and sugar assignments reflect our growing capabilities in addressing the different requirements of agricultural commodity markets.”

The latest assignments build on mjunction's established agricultural eAuction network, which includes clients and partners such as the Food Corporation of India (FCI), NAFED, NCCF, Telangana Civil Supplies, HAFED and the Haryana State Warehousing Corporation (HSWC).