Power2sme has opened new offices in Pune, Mumbai and Ahmedabad. It will help the company to fulfill the demands of SMEs in the West Zone. Pune will be the Regional Head Office for the West Zone. With three new offices, SMEs in automotive components, plastics & polymers, manufacturing and construction sectors will now get the opportunity to procure quality raw materials at competitive prices.
Having started operations in January 2012, Power2sme’s mission is to increase profits for the Indian SMEs. As the Buying Club for Indian SMEs, the company focuses on working with established and trusted suppliers, so the SMEs are assured of the quality of the product that they purchase and at the same time, reduce their purchase prices and increase productivity.
R. Narayan, Founder & CEO, Power2sme said, “With the heightened activity in the North Zone and having a well-established office in Gurgaon, it made great sense to expand the company further and open up offices in the West Zone. Our recent series of funding has enabled us to further scale our operations, focus on newer sectors and increase our reach in the Indian market.”
Power2sme expects to end the first year with annual sales of INR 50 Cr and growing to INR 1,000 Cr over the next 3-5 years. The company’s current focus is on servicing construction, manufacturing, precision engineering, automotive OEM and it plans to expand the services to other sectors of the economy over the next 18 months.
