Power2SME Overview
- Year Founded
-
2012
- Status
-
Private
- Employees
-
219
- Latest Deal Type
-
2ndary - Private
- Investors
-
1
Power2SME General Information
Description
Operator of a b2b digital marketplace designed to offer multi-category industrial products to small and medium enterprises. The company's platform utilizes demand aggregation, proprietary KYC screening, a digital procurement platform, bill finance facilitation, GPS-tracked logistics, and a multi-category industrial marketplace, enabling small and medium enterprises to reduce purchase prices and increase productivity through aggregated procurement and financial access.
Contact Information
Website
www.power2sme.comCorporate Office
- 412-415, Nimai Tower 1st Floor
- Udyog Vihar Phase IV
- Gurugram, Haryana 122015
- India
Corporate Office
- 412-415, Nimai Tower 1st Floor
- Udyog Vihar Phase IV
- Gurugram, Haryana 122015
- India
Power2SME Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 10. Secondary Transaction - Private | 01-Jan-2026 | Completed | Generating Revenue | |||
| 9. Debt - General | 04-Apr-2018 | Completed | Generating Revenue | |||
| 8. Later Stage VC (Series E) | 19-Sep-2017 | Completed | Generating Revenue | |||
| 7. Later Stage VC | 06-Sep-2017 | Completed | Generating Revenue | |||
| 6. Later Stage VC (Series D) | 25-Jan-2016 | Completed | Generating Revenue | |||
| 5. Debt - General | 01-Jan-2015 | Completed | Startup | |||
| 4. Later Stage VC (Series C) | 16-Sep-2014 | Completed | Startup | |||
| 3. Early Stage VC (Series B) | 05-Apr-2013 | Completed | Startup | |||
| 2. Early Stage VC (Series A) | 01-Dec-2012 | $3.07M | $3.45M | Completed | Startup | |
| 1. Seed Round | 01-Jan-2012 | $382K | $382K | Completed | Startup |
Power2SME Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series E | ||||||||
| Series D3 | ||||||||
| Series D2 | ||||||||
| Series D1 | ||||||||
| Series D | ||||||||
| Series C | ||||||||
| Series B | 199,000 | $0.015613 | $30.63 | $30.63 | 1x | $30.63 | 0.25% | |
| Series A | 299,592 | $0.015613 | $9.72 | $9.72 | 1x | $9.72 | 0.37% |
Power2SME Comparisons
Industry
Financing
Details
Power2SME Competitors (5)
One of Power2SME’s 5 competitors is OFB Tech, a Venture Capital-Backed company based in Gurugram, India.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| OFB Tech | Venture Capital-Backed | Gurugram, India | ||||
| Instamojo | Venture Capital-Backed | Bangalore, India | ||||
| Axio (Financial Services) | Formerly VC-backed | Bengaluru, India | ||||
| Bizongo | Venture Capital-Backed | Mumbai, India | ||||
| Udaan | Venture Capital-Backed | Bengaluru, India |
Power2SME Signals
Power2SME Investors (1)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Accel | Venture Capital | Minority |
Power2SME FAQs
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When was Power2SME founded?
Power2SME was founded in 2012.
-
Where is Power2SME headquartered?
Power2SME is headquartered in Gurugram, India.
-
What is the size of Power2SME?
Power2SME has 219 total employees.
-
What industry is Power2SME in?
Power2SME’s primary industry is Distributors/Wholesale.
-
Is Power2SME a private or public company?
Power2SME is a Private company.
-
What is Power2SME’s current revenue?
The current revenue for Power2SME is .
-
How much funding has Power2SME raised over time?
Power2SME has raised $90.2M.
-
Who are Power2SME’s investors?
Accel has invested in Power2SME.
-
Who are Power2SME’s competitors?
OFB Tech, Instamojo, Axio (Financial Services), Bizongo, and Udaan are competitors of Power2SME.
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