Top News

Industrybuying.com raises Rs 60 crore from Kalaari Capital

Delhi-based B2B e-commerce company MTech
Engineering, which operates as Industrybuying.com, has raised funding of Rs 60
crore in a Series B round led by Kalaari Capital.

 

Delhi-based B2B e-commerce company MTech
Engineering, which operates as Industrybuying.com, has raised funding of Rs 60
crore in a Series B round led by Kalaari Capital.

 

logo

 

Industrybuying.com, founded in 2013 by Swati Gupta
and Rahul Gupta, is looking to use the funds to further develop its technology
solutions, establish nationwide sales force to target businesses across India,
increase vendor base and develop digital offerings for B2B brands to sell
online.

Swati Gupta said the platform currently has a
supplier base of 1,500-2,000, and plans to sign on 10,000 suppliers by the end
of the current financial year.

The startup also plans to establish more ‘fulfilment
centres’ or warehouses for processing orders for its vendors soon.

 

Show More

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Close