Power2SME

Power2SME

Retail Office Equipment

Gurugram, Haryana 6,391 followers

Empowering SMEs | Smart Procurement for SMEs

About us

Power2SME is India's first buying club for Small & Medium Enterprises, building the bridges between SMEs in the manufacturing industry and raw material suppliers. The company was formed in 2012 with a vision to facilitate smooth business operations for SMEs by sourcing input raw materials at the most competitive price points across multiple products in categories like Metal, polymer, chemicals, yarn and more. Buyers typically gain easy access to a wider marketplace at competitive prices, a diverse assortment of trusted brands to choose from, credit facilities and timely doorstep deliveries.Power2SME caters to over 50,000 SMEs and has over 400 reliable and competitive suppliers. Power2SME has been the proud recipient of the Red Herring 100 Asia Award in 2013, Silicon India Company Of The Year 2014, Top 100 Innovative Company 2014, Global HR Excellence Award 2015, Outstanding Work for SME Sector 2015 & Business leadership award for Industry Development by IAF in 2017 to name a few. It's also the only profitable B2B supplier company in India In our mission to make SMEs bankable,Power2SME has launched two initiatives: SME SHOPS is an online portal for SMEs to seamlessly buy and sell goods online. FINANSME is a financial product offering from Power2SME to SMEs who want to avail loans for various needs. SME Khabar is the daily newsletter of Power2SME.It provides comprehensive and latest SME news, articles, blogs, info graphics at https://www.power2sme.com/smekhabar To honour excellence in innovation and entrepreneurship in the manufacturing sector Power2SME hosts the Spirit Of Manufacturing Awards annually with TiE Delhi-NCR. Headquartered in Gurugram, Power2SME has 6 more offices spread across Mumbai, Chennai, Kolkata, Ahmedabad, Surat and Pune and has grown from strength to strength over the years. Its existing investors include Inventus Capital, Kalaari Capital, Accel Partners & Mr. Nandan Nilekani. For more information, visit our website www.power2sme.com

Website
https://www.power2sme.com
Industry
Retail Office Equipment
Company size
201-500 employees
Headquarters
Gurugram, Haryana
Type
Privately Held
Founded
2012
Specialties
Raw Material Supplies, Manufacturing Industry, Online Portal For Raw Material, Easy Loan Facility, SME, Small & Medium Enterprise, Entrepreneurship, Innovation Sector, Business Loans, Polymer Supplies, Chemical Supplies, Steel supplies, Machinery Tools, Credit Facility, Online Business Portal, Startups, and B2B Supplies

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Funding

Power2SME 7 total rounds

Last Round

Debt financing

US$ 6.2M

See more info on crunchbase