CellBazaar connects buyers and sellers in an electronic marketplace over their cell phones. It addresses one of the most significant challenges to everyday life in developing economies–buying and selling basic goods with limited access to computers, internet, or viable substitutes. With CellBazaar, the seller and buyer can use their personal or community cell phones to check market prices, buy or sell their products, and see information that can be leveraged to attain favorable prices or make an informed decision about traveling to the market. CellBazaar's value proposition lies in its ability to facilitate transactions and thereby overcome market failures.
Cell bazaar was the brain child of Kamal Quadir who is also the founder of Grameen Phone, the largest mobile operator in Bangladesh. Mr. Quadir developed the concept at MIT and the company “CellBazaar Inc.” is based in Massachusetts, USA. He brought the project to Pyxisnet for it’s implementation. It was one of it’s kind project in Bangladesh. Special emphasis was given on the fact that it would have to eventually handle very large data. Pyxisnet successfully delivered the project on time solving all complexity. More than 17 million Grameenphone users have access to the service today.