Power2SME
Mumbai
About Power2SME
Power2SME is the first ‘Buying Club’ for small and medium enterprises (SMEs) in India. The company was formed with the vision to “Empower SMEs to enable the India growth story”. Our focus is on reducing SME’s purchase prices and increasing productivity by taking on the role of sourcing input raw materials at the most competitive price points across multiple products in categories like Chemicals, Metals & Polymers. We pool the demand of SMEs for multiple products for their business needs and buy directly from the manufacturer to sell to the SME directly. Through this process, we obtain the optimal pricing & a large pool of quality supplier.
Company Facts
- Operating status: Active
- Company type: For Profit
- IPO status: Private
- Employees: 101 – 250
- Estimated revenue: $10K – $50K
- Total funding: $77.1M
- Funding stage: Late Stage Venture
- Last round: Debt Financing (Apr 2018)
- Website: power2sme.com
- Phone: (201) 287-4100
Industries & Categories
B2B, Enterprise Software, Small and Medium Businesses
Social Profiles
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