B2B eCom Company - Digital Sales & Distribution - Construction, Interiors, Infra, MRO Consumables Segment
Founded in August 2015, mSupply.com is headquartered in Singapore; is a B2B e-commerce company with predominant operations out of 8 cities in India. It has so far raised $13 Million of funding in two successive rounds from global investors viz., Artiman Ventures, a US based (Palo Alto) Private Equity fund & IIML, India. mSupply has a 14,000 supplier network and caters to 22,000 pin codes in the country. Digital Sales & Distribution (DSD) – Manufacturers partner with mSupply to market and distribute their products to wholesalers/Dealers, for whom mSupply generates demand and facilitates credit. Wholesalers/Dealers use the ‘Dealer App’ to buy from mSupply and sell to retailers/Customers. Retailers/Customers use the ‘Buyer App’ to buy from wholesalers/dealers. Typical customers are - Institutions, Infra Companies, Builders, Developers, Contractors (Structural, Mechanical, Electrical, Plumbing etc), Carpenters, Architects, Designers... MSupply has also signed an MOU with Government of Andhra Pradesh (India) for setting up a material-park to enable manufacturers to display, stock, sample, manage logistics. Typical categories include – Construction, Interiors, Plumbing, Electrical, Mechanical, Infrastructure, MRO Consumables.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Mar 1, 2018 | Series B | $7M | 2 | ILFS Investment Managers | — | Detail |
Aug 21, 2015 | Series A | $6M | 1 | Artiman Ventures | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
ILFS Investment Managers | Yes | Series B |
Artiman Ventures | — | Series B |