Avance Technologies Limited has signed a non-binding term sheet to acquire Excess2Sell.com, an Indian B2B overstock inventory liquidation marketplace.

This strategic move positions ATL to enter the high-potential overstock inventory space, tackling a significant retail challenge of unsold stock.

The acquisition aims to integrate ATL's robust technological infrastructure with Excess2Sell's proven marketplace model, unlocking new growth opportunities across both B2B and B2C segments.

This development could enhance Avance Technologies' market presence and operational scope.