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Posts Tagged ‘ Power2sme ’

Industrybuying ropes in ex-MakeMyTrip exec as finance controller

Tuesday, September 20, 2016 | More »

Industrybuying4
Industrybuying, an online marketplace for industrial goods run by Emtex Engineering Pvt. Ltd, has appointed former MakeMyTrip executive Bharat Arora as its financial controller. Arora will be responsible for strategy, financial planning and accounting, and corporate affair, the company said in a sta...

Team-Bizongo

How B2B marketplaces are riding the SME wave

Sanket Gupta, owner of Pune-based plastics products maker Shri Ram Plastics, hasn’t had to deal with the polymer traders in Pune and Mumbai since a business partner told him about online B2B marketplace Bizongo. He now buys goods worth Rs 10-12 lakh a month on the Bizongo platform. “We make the ...

14 April, 2016 | More »

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Power2SME raises under $7M in Series C from Accel, Kalaari & Inventus

Gurgaon-based BEBB India Pvt Ltd, which runs Power2SME, an online buying hub for small and medium enterprises (SMEs), has raised Rs 42 crore ($6.87 million) from existing investors in its Series C round of funding. These included early-stage venture capital fund Accel Partners, Kalaari Capital (fo...

15 September, 2014 | More »

Vani-Kola

Don’t have unrealistic expectations about valuations while pitching to a VC: Kalaari Capital’s Vani Kola

Pitching to a venture capital fund is an important step in the fundraising cycle of a company. The “pitch” done by an entrepreneur is one of the factors that will decide if the VC will put in money in the startup or not. With the investment ecosystem getting competitive and availability ...

30 August, 2013 | More »

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Power2SME closes $6M in Series B funding from Accel, Kalaari & Inventus Capital

Gurgaon-based BEBB India Pvt Ltd, which runs Power2SME, an online buying hub for small and medium enterprises (SMEs), disclosed that it had raised $6 million (Rs 35.7 crore) from existing investors in its Series B round of funding. Early-stage VC fund Accel Partners led the round, which also saw par...

24 July, 2013 | More »

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Power2sme raises second round of funding from Accel Partners

Gurgaon-based BEBB India Private Ltd that runs Power2sme, an online platform that acts a buying club for small and medium enterprises (SMEs), has raised an undisclosed amount in a another round of funding from early-stage VC fund Accel Partners. BEBB India Private Ltd, which owns Power2sme, was fou...

5 April, 2013 | More »

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VC-backed Power2sme looking at $1B in GMV by 2018, eyes profits by 2014

As part of his earlier venture, a sales enablement company called Denave India Pvt Ltd, R Narayan was extensively dealing with small and medium enterprises (SMEs). While doing that, he realised that SMEs in India were not getting a fair value for their money. For example, a laptop that SMEs were buy...

11 January, 2013 | More »

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Inventus gets $70.3M commitment for early-stage investment fund

Inventus Capital Partners, an India-focused, early-stage investment fund, has received $70.3 million commitment from various investors for its second fund. The firm is yet to make a formal announcement but earlier, its management told Techcircle.in it was eyeing the first close at $70 million. When ...

21 November, 2012 | More »

Inventus Capital eyes $100M by Jan 2013 for new early-stage investment fund

Inventus Capital Partners, an India-focused, early-stage investment firm, is hoping to close the fundraising process for its new fund by January 2013, where it is looking to raise around $100 million (Rs 538 crore), Inventus’ managing director Kanwal Rekhi told Techcircle.in at the sidelines of ...

26 October, 2012 | More »

power2SME

Inventus Capital Partners invests in online platform Power2sme

Power2sme, an online platform that acts a buying club for small and medium enterprises (SMEs), has received Rs 10 crore from venture firm Inventus Capital Partners. The funding will enable the company to further expand in the Indian market. As part of the deal, Parag Dhol, MD, Inventus Capital, will...

10 October, 2012 | More »