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Mahendran Balachandran
Director at Power2Sme
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Work Experience
Director
Present
Company Details
201-500 Employees
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
Year Founded
2012
Social Media
LinkedinFacebookTwitter
Industry
Retail Office Equipment, PVC Polymer, Plastic Polymers, PET Granules & Plastic Raw Material, Chemical, PET Granules, Plastic Granules, Mild Steel Angles, Metal Angle, Hardware Fittings and Accessories
HQ Location
Udyog Vihar, Phase IV Gurugram, Haryana 122015, IN
Keywords
Raw Material SuppliesManufacturing IndustryOnline Portal For Raw MaterialEasy Loan FacilitySMESmall & Medium EnterpriseEntrepreneurshipInnovation SectorBusiness LoansPolymer Supplies
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