The first for domestic SMEs, Power2SME
is committed to provide complete support and empower them to achieve
growth in this fast paced industry. Located in Gurgaon, our Company is
backed with 5 offices sprawled across Chennai, Mumbai, Kolkata, Pune and
Ahmedabad. It stepped into this industry in the year 2012 with a prime
objective to 'Empower SMEs to enable growth and is reckoned for
enabling small businesses as well as enterprises improve overall
productivity and attain measurable value of business through its wide
gamut of offerings. Power2SME plays a vital role in acquiring input raw
material for SMEs at competitive prices in different categories such as
Inks, Chemicals, Metals, Paints, Polymers etc. This enables SMEs to
ensure consistent focus on their main business of quick growth, in terms
of both revenue as well as development.
company is supported by a team of efficient workforce, comprising
professionals who are trained and committed to help SMEs achieve their
goals and objectives. What distinguishes us in this competition is our
unique ability to make our clients engagement a pleasant and fruitful
experience. Comprising 120 professionals, our team is expert in sales,
marketing, supply chain, human resources, finance and IT.
and Awards have always been a motivating factor in the success of
organization. Our company has achieved numerous accolades. In the year
2013, it was chosen amongst the Red Herring's Top 100 Global list and
was also selected amongst the Red Herring's Top 100 Asia list for the
same year. Our Founder and CEO Mr R Narayan was honoured with the
'Serial Entrepreneur of the Year' award in 2013 at the Entrepreneur
Our investors share same ideology as ours that is to explore the opportunities in the growth markets and help in building a sustainable SME network across the country. We have managed to raise 3 rounds of funding from Kalaari Capital, Inventus Capital and Accel Partners. Altogether they have made an investment of USD 15.5 millions in the organization.
are working with various large, established as well as trusted
suppliers so that our clients are guaranteed of the quality product from
us. Our suppliers comprise companies such as SAIL, AkzoNobel, IOCL,
GAIL, Haldia, etc.
Power2SME began its journey in January 2012 and since then it has witnessed tremendous growth in both numbers as well as the SMEs who came with us. The organization is basically a VC funded company and has recently incorporated Nandan Nilekani as a strategic investor; the firm gets support from its other investors like Kalaari Capital, Accel Partners and Inventus Capital.
Power2SME has established strong tie-ups with some non-banking financial corporations as well so as to extend loans to our SMEs. In the last 3 years we have continuously worked with approximately 30,000 SMEs and have implemented technology to transform their needs for raw material at competitive pricing along with financial assistance with the help of large number of Financial Institutions, company partners.
We obtain products directly from the manufacturers at the
lowest prices and then supply them directly to the end consumer
organizations. Moreover, we take complete ownership of the order
process to ensure the high quality standards, lowest possible prices
and timely delivery.
Inventus Capital Partners
Inventus Capital Partners, a US-India based company is one of our partners. The company is managed by successful leaders and veterans who have experience of financing more than 100 entrepreneurs all over India and/or Silicon Valley. The companies, guided and financed by the Inventus, have achieved around three dozen successful IPOs or mergers that lead them to generate more than $30 billion.
Kalaari, a $160 million venture company, has been helping people at the early stages of technology oriented firms. With a professional team in Bangalore, the company aids companies that have been offering innovative solutions.
A linear polymer, High Density Polyethylene (HDPE) or Low Density Polyethylene (LDPE) is prepared from ethylene by a catalytic process. These are more closely packed structure with a higher density and somewhat higher chemical resistance than Low Density Polyethylene(LDPE). HDPE is harder and more opaque and it can withstand rather higher temperatures (120 Celsius for short periods, 110 Celsius continuously).
The list of our products is as follows:
R.Narayan Founder & Chief Executive Officer
a qualified Cost Accountant, is the founder & Chief Executive
Officer of the company. He has been managing the overall profitability
as well as performance of Power2SME. He looks after the overall direction for
the business and its growth. His has more than 24 years of experience
in general management and sales & marketing. Before establishing
this firm, he was the CEO of Denave, India's largest technology powered
Deepak Gupta - VP Product & Marketing
Gupta, a graduate in Economics from Delhi University, is blessed with
more than 13 years of experience in sales and corporate development for
eCommerce, mobile, media & enterprise businesses. Prior to Power2SME, he
was the sales head for Apalya, Baazee.com (eBay India), Quest
International and BPL. He has done his MBA from IIM Bangalore in
marketing & finance.
Kapil Mohan Kumar - VP Client Acquisition & Business Development
Mohan Kumar has more than 18 years of experience with a degree in Law
from University of Delhi. He manages Acquisition & Business
Development with both Topline & Bottom line responsibilities. He is a
major player in incepting businesses in India for Carrier
Refrigeration, Chevron India & Sify Technologies, in various
leadership capacities. Before joining Power2SME India, he was the Founder
Director of an eCommerce portal in B2C space.
Sumit Bhatia VP Supply Chain
Bhatia handles relationships with key suppliers. He negotiates with the
contracts to improve supplier base and development of the Supply Chain
Logistic network with multiple distribution centres.
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