Power2SME Raises Series D investment from Nandan Nilekani, Accel Partners, Kalaari Capital and Inventus Capital
Signal Hill India is pleased to announce that its client, BEBB India Private Limited, which owns and operates Power2SME, India’s first “Buying Club” for small and medium-sized enterprises (SMEs) in India, has raised a Series D round from Nandan Nilekani, Accel Partners, Kalaari Capital and Inventus Capital
Committed to empowering SMEs by increasing their profits, Power2SME focuses on reducing raw material purchase prices for SMEs and enhancing productivity. Power2SME enables SME clients to focus on their core business of driving growth and expansion, while taking on the role of sourcing input raw materials at the most competitive price points across multiple products in categories such as Metals, Polymer Commodity, Polymer Engineering, Chemicals, Additives, Inks, Paints, etc.
Apart from helping SMEs aggregate demand and procure raw materials at attractive price points, Power2SME has also built an ecosystem, enabling SMEs to source finance from leading financial institutions.
About Signal Hill India
Signal Hill Capital Advisory India Pvt. Ltd. (“Signal Hill India”) is a leading advisory boutique serving the M&A and private capital raising needs of growth companies in the technology sector. Signal Hill India's experienced bankers provide deep domain expertise and an unyielding commitment to clients in our sectors: Internet & Digital Media, Software (Enterprise Software, SaaS/Cloud, FinTech/Payments & IT Security) and Services (IT Services, BPO, Healthcare IT, Analytics & Education). Internet Infrastructure, Services and Software. Signal Hill India has offices in Bangalore and Mumbai. For more information visit www.signalhill.com.