wordpress blog stats
Connect with us

Hi, what are you looking for?

B2B Site Power2SME Raises Funds From Kalaari Capital

Power2sme, the buying club for small and medium enterprises (SMEs), has raised an undisclosed amount of funding from Kalaari Capital (formerly IndoUS Venture Partners). The funds raised will be used for scaling presence across newer cities including Mumbai, Pune, Ahmedabad, Chandigarh, hiring talent and increasing the company’s brand visibility.

Power2SME is a buying club for Indian SMEs that leverages on bulk buying and claims to offer a platform that enables them to cut costs. After different SMEs place orders with the site, Power2SME collectively places orders to get the best price for the products from suppliers.

As of now, the company focuses on servicing industries such as construction, manufacturing, precision engineering, automotive OEM and it plans to expand its services to various other sectors over the coming months. SME’s can either select the product that they wish to buy and send an RFQ online or call Power2SME for details. Once the price is finalized, the company sends a PO (Purchase Order) with the details of the product, price and all taxes applicable. The USP of the product lies in the fact that it enables SMEs to place orders with Power2SME.

Launched in January 2012, Power2SME is based in Gurgaon and works with suppliers such as IOCL, Haldia Petrochemicals, GAIL among others.

Kalaari Capital is a  $150 million venture capital fund based in Bangalore. It has previously invested in Startups such as Simplilearn, Urbanladder, Hushbabies, Zivame, among others.


Advertisement. Scroll to continue reading.

Written By

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.



The DSCI's guidelines are patient-centric and act as a data privacy roadmap for healthcare service providers.


In this excerpt from the book, the authors focus on personal data and autocracies. One in particular – Russia.  Autocracies always prioritize information control...


By Jai Vipra, Senior Resident Fellow at Vidhi Centre for Legal Policy The use of new technology, including facial recognition technology (FRT) by police...


By Stella Joseph, Prakhil Mishra, and Yash Desai The Government of India circulated proposed amendments to the Consumer Protection (E-Commerce) Rules, 2020 (“E-Commerce Rules”) which...


By Rahul Rai and Shruti Aji Murali A little less than a year since their release, the Consumer Protection (E-commerce) Rules, 2020 is being amended....

You May Also Like


Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...


By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...


135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...


Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Your email address:*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ