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Press background on Power2SME
Company profile
The first ‘Buying Club’ for SMEs in India, Power2SME, an Inventus Capital Partners, Kalaari Capital and Accel Partners funded company began operations in 2012. Committed to empowering SMEs by increasing their profits, Power2SME focuses on reducing 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 Chemicals, Additives, Inks, Paints, Metals, Polymer Commodity, Polymer Engineering, etc.
 Recent press releases
Power2SME and TiE Delhi-NCR Announce the Winners of Spirit of Manufacturing Awards 2024

Power2SME, in collaboration with TiE Delhi-NCR, hosted Season 10 of their flagship Spirit of Manufacturing (SOM) awards in New Delhi.
 
Initiated in 2014, The Spirit of Manufacturing Awards resonate with the Indian government's "Make In India" initiative, aiming t... (more)
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Power2SME and TiE Delhi NCR Announce the Winners of Spirit of Manufacturing Awards 2023

Power2SME in collaboration with TiE Delhi NCR, hosted Season 9 of their flagship Spirit of Manufacturing (SOM) awards in New Delhi in the presence of Mr. B B Swain, Secretary to the Union Ministry for Micro, Small, and Medium Enterprises, the Government of India.
 
Power2SME &a... (more)
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Quote on Budget by R. Narayan, Founder and CEO Power2SME, President FICCI-CMSME

We welcome the Union Budget 2022-23 that has emphasized alleviating stress for small businesses. The government’s continuous efforts to boost the MSME sector by infusing Rs. 9,000 crore into the credit guarantee scheme will not only help the sector to gain confidence back but help in creating... (more)
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FICCI-CMSME President R Narayan Congratulates all the MSMEs and Startups of India on International MSME Day 2022

Every big business starts out small, but each small business has made a big impact in the last year. From survival to recovery, India’s MSMEs have put up a magnificent display of resilience and strength.
 
“On the occasion of International MSME Day, I would like to ... (more)
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Power2SME and TiE Delhi-NCR Announce the Winners of the Spirit of Manufacturing Awards 2022

Power2SME in collaboration with TiE Delhi-NCR concluded the online award ceremony of the Spirit of Manufacturing Awards last week, on the side-lines of Unstoppable India: TiEconDelhi 2022. This year marks the 8th season of the awards.
 
Initiated in 2014, The Spirit of Manufact... (more)
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R Narayan Founder & CEO Power2SME, President FICCI-CMSME Hails the Capital Infusions for the MSME Sector in New Budget

We hail the new budget and the capital infusions for the MSME sector which will benefit greatly from the extension of the ECLGS by another year and from eased logistics through railways. The emergency credit line has greatly helped MSMEs to restart operations by giving them additional working capit... (more)
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The Steely Resolve of India's MSMEs

On the occasion of International SME Day, I would like to congratulate and compliment all MSMEs and entrepreneurs for their excellent contribution to the economy of the country which has created huge employment opportunities for millions of people. We all truly deserve to celebrate this day with ne... (more)
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Power2SME Signs MoU with Directorate of MSME, Government of Haryana

India’s first ‘Buying Club’ for SMEs, Power2SME signed a Memorandum of Understanding (MoU) with Directorate of MSME, Government of Haryana, under the guidance of Hon’ble Chief Minister, Sh. Manohar Lal, today. Aimed at strengthening eCommerce linkages for MSMEs in Haryana, t... (more)
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Power2SME and TiE Delhi-NCR Announce the Winners of the Spirit of Manufacturing Awards 2021

Power2SME in collaboration with TiE Delhi-NCR concluded the first ever online award ceremony of the Spirit of Manufacturing Awards today, on the side-lines of Resurgence TiECon Delhi-NCR. This year marks the 7th season of the awards.
 
The Award Ceremony at the 7th Spirit of Ma... (more)
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R Narayan Appointed as President of FICCI-CMSME

R Narayan, Founder & CEO, Power2SME has been elected as President of Confederation of Micro, Small and Medium Enterprises (CMSME), an affiliated body under the umbrella of the Federation of Indian Chambers of Commerce and Industry (FICCI), an apex Chamber of Commerce & Industry of India. FI... (more)
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