BidMyAsset: Innovating Industrial Asset Disposal with Sustainability in Mind?

BidMyAsset is a Malaysian-based auction platform for second-hand and manufacturing machinery and equipment, and while it may have been founded in 2022, its roots go back to 2005 through its parent company Khoshee Auctioneers.

The platform helps business owners buy and sell industrial equipment as well as dispose of movable assets like machinery, equipment and industrial surplus, with the company saying it has facilitated transactions across Southeast Asia. This includes brands such as Ann Joo Berhad and Panasonic Appliance.

Today we explore BidMyAsset's approach to asset management and disposal, as well as why Jeevan embarked on this journey and what brought him into the auction business. We will also get into the company’s ambitions and growth trajectory.