When was Power2SME founded?

Power2SME was founded in 2012 and raised its 1st funding round within a year of its incorporation.

Where is Power2SME located?

Power2SME is headquartered in Gurugram, India. It is registered at AD-13. BASEMENT (LGF) TAGORE GARDEN, West Delhi, NEW DELHI, Delhi, India, 110027.

Who is the current CEO of Power2SME?

Narayan Ramaswamy and Narayan Ramaswamy s of Power2SME. Narayan Ramaswamy has also founded 2 companies and is an angel investors in 1 startup.

Which legal entities is Power2SME associated with?

Power2SME is associated with POWER2SME PRIVATE LIMITED and 1 other.

How many employees does Power2SME have?

As of Feb 28, 2026, the latest employee count at Power2SME is 219.

Is Power2SME a funded company?

Power2SME is a funded company, having raised a total of $85.7M across 10 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Jun 29, 2012.

How much is Power2SME worth?

The latest valuation of Power2SME is ₹***** as of Aug 23, 2017.

When was the latest funding round of Power2SME?

Power2SME's latest funding was a $***** Venture Debt round on Apr 04, 2018, with participation from 1 investor.

What is the annual revenue of Power2SME?

Annual revenue of Power2SME is ₹1,030Cr as on Mar 31, 2025.

Where does Power2SME rank among its competitors?

Power2SME ranks 6th amongst 136 active competitors, of which 21 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was JSW One MSME, which secured $26.5M in Oct, 2025.

Who are the top competitors of Power2SME?

Power2SME's top competitors include JSW One MSME, OfBusiness and Zhaogang. Among them, JSW One MSME secured the most recent funding round in October, 2025.

Power2SME - 2026 Company Profile, Team, Funding, Competitors & Financials

Power2SME is a series E company based in Gurugram (India), founded in 2012 by Narayan Ramaswamy, Debabrata Majumdar, Snehashish Bhattacharjee and Narayan Ramaswamy. It operates as a Provider of a B2B digital marketplace offering multi-category industrial products. Power2SME has raised $85.7M in funding from investors like Accel, Kalaari Capital and Athera, with a current valuation of ₹*****. The company has 136 active competitors, including 21 funded and 9 that have exited. Its top competitors include companies like JSW One MSME, OfBusiness and Zhaogang.

Company Details

Provider of a B2B digital marketplace offering multi-category industrial products. It is an online marketplace, focused on providing wide range of industrial products to small and medium enterprises. It enables SMEs to access raw materials at competitive prices and offers access to finance through efficient working capital financing. It connects SMEs with suppliers, streamlining procurement processes and driving business growth.

Website: power2sme.com
Social
Email ID: *****@power2sme.com
Phone Number: +91 **********
Registered Address: AD-13. BASEMENT (LGF) TAGORE GARDEN, West Delhi, NEW DELHI, Delhi, India, 110027

Key Metrics

Founded Year

2012

Location

Gurugram, India

Stage

Series E

Total Funding

$85.7M in 10 rounds

Latest Funding Round

Venture Debt, Apr 04, 2018, $*****

Post Money Valuation

₹***** as on Aug 23, 2017

Investors

Accel & 9 more

Ranked

6^th among 136 active competitors

Annual Revenue

₹1,030Cr as on Mar 31, 2025

Employee Count

219 as on Feb 28, 2026

Similar Companies

OfBusiness & 52 more

View Power2SME's full profile

Power2SME is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
POWER2SME PRIVATE LIMITED CIN: U74900DL2012PTC230723 , India, Active	Jan 30, 2012	$121M (As on Mar 31, 2025)	85 (As on Aug 01, 2025)
JIJO INDIA PRIVATE LIMITED CIN: U52390DL2012PTC243777 , India, Active	Oct 17, 2012	$22.1M (As on Mar 31, 2025)	13 (As on Jul 31, 2024)

Power2SME has raised a total funding of $85.7M over 10 rounds. Its first funding round was on Jun 29, 2012. Its latest funding round was a Venture Debt round on Apr 04, 2018 for $*****. 1 investor participated in its latest round. Power2SME has 7 institutional investors and 3 angel investors.

Here is the list of recent funding rounds of Power2SME:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 04, 2018	1937790	Venture Debt	3829306	9336412	7097357	5509420
Jul 28, 2017	5751566	Series E	1530616	1990790	9809386	Kalaari Capital & 3 more
Sep 26, 2016	1329493	Series D	4949444	7487669	Kalaari Capital & 3 more	Nandan M Nilekani

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View details of Power2SME's funding rounds and investors

The founders of Power2SME are Narayan Ramaswamy, Debabrata Majumdar, Snehashish Bhattacharjee and Narayan Ramaswamy. Narayan Ramaswamy and Narayan Ramaswamy are the CEOs of Power2SME.

Here are the details of Power2SME's key team members:

Narayan Ramaswamy: Co-Founder & CEO of Power2SME and founder of 1 other company. They are also an angel investor in 1 startup and serve on the board of 1 company.
Contact Info: 1 phone number
Debabrata Majumdar: Co-Founder of Power2SME. They are also an angel investor in 1 startup.
Snehashish Bhattacharjee: Co-Founder of Power2SME.
Narayan Ramaswamy: Co-Founder & CEO of Power2SME.
Contact Info: 1 phone number

Power2SME's Board of Directors

Power2SME's board has 2 active members. Narayan Ramaswamy and Mahendran Balachandran are part of team.

Here is the list of Power2SME's board of directors:

Name	Type	Representing	Status	Duration
Narayan Ramaswamy	Team	-	Current	14y 1m
Mahendran Balachandran	Investor	Accel	Current	12y 8m
wv{fxha	Investor	hoquxau	Past	3y 3m

View details of Power2SME's Founder profiles and Board Members

Power2SME's employee count trend

Power2SME has 219 employees as of Feb 26. Here is Power2SME's employee count trend over the years:

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Top competitors of Power2SME include JSW One MSME, OfBusiness and Zhaogang. Here is the list of Top 10 competitors of Power2SME, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	JSW One MSME 2020, Mumbai (India), Series B	Online retailer of TMT, steel HR coil, and cement products	$91.6M	Mitsui, Principal Asset Management & 7 others	66/100
2nd	OfBusiness 2015, Delhi (India), Series G	Provider of an online platform for raw materials procurement and credit	$776M	Alpha Wave Global, SoftBank Vision Fund & 64 others	64/100
3rd	Zhaogang 2012, Shanghai (China), Series F	Provides of an online B2B steel trading platform	$394M	K2VC, Sequoia Capital China & 15 others	59/100
4th	MetalBook 2020, Delhi (India), Series A	Provider of managed marketplace for metal fabrication and supply chain	$24.3M	Foundamental, Skyler Enterprises & 17 others	57/100
5th	NowPurchase 2017, Kolkata (India), Series A	Tech interfaced procurement marketplace for metal manufacturers	$10M	Orios Venture Partners, Info Edge Ventures ... & 26 others	56/100
6th	Power2SME 2012, Gurugram (India), Series E	Provider of a B2B digital marketplace offering multi-category industrial products	$85.7M	Accel, Kalaari Capital & 8 others	57/100
7th	Metals Hub Gmbh 2016, Dusseldorf (Germany), Series A	B2B marketplace to buy and sell metals and ferroalloys	$14.5M	Acton Capital, Chromo Invest & 3 others	50/100
8th	Reibus 2018, Atlanta (United States), Series B	B2B contract manufacturer marketplace for the metal manufacturing industry	$101M	SoftBank Vision Fund, Canaan & 6 others	50/100
9th	Steeloncall 2016, Visakhapatnam (India), Unfunded	Platform offering steel products	-	-	47/100
10th	Valdera 2003, San Francisco (United States), Series A	Provider of a cloud-based marketplace for diversified materials	$15M	Index Ventures, BoxGroup & 3 others	47/100