About Power2SME
Power2SME is a company based in Gurugram (India) founded in 2012 by Narayan Ramaswamy, Snehashish Bhattacharjee, and Debabrata Majumdar. Power2SME has raised $85.75 million across 10 funding rounds from investors including Accel, International Finance Corporation and Athera Venture Partners. Power2SME operates in a competitive market with competitors including OfBusiness, NowPurchase, JSW One MSME, Ximkart and Tradohub, among others.
- Headquarter Gurugram, India
- Founders Narayan Ramaswamy, Snehashish Bhattacharjee, Debabrata Majumdar
- Stage Minicorn
- SectorsIndustrial Goods & ManufacturingRetail
- Email••••••••
- Phone•••• ••••
- Website power2sme.com
- Social LinkedIn X Facebook
- Legal Name Jijo India Private Limited
- Date of Incorporation 17 Oct, 2012
- Annual Revenue₹187 Cr
FY 2025 · +369% YoY
- Net Profit₹61.2 Lakh
FY 2025 · 0% margin
- EBITDA₹3.74 Cr
FY 2025 · 2% margin
- Total Equity Funding$85.75M (USD)
in 10 rounds
- Latest Funding Round$6.2M (USD), Debt – Venture
Apr 2018
- InvestorsAccel
& 7 more
Associated legal entities of Power2SME
Power2SME operates through Jijo India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Jijo India Private Limited CIN U52390DL2012PTC243777 | Active | 17 Oct 2012 | New Delhi, Delhi | ₹187 Cr | 13 | 2 | View details |
Funding Insights of Power2SME
Power2SME has successfully raised a total of $85.75M across 10 strategic funding rounds. The most recent funding activity was a Debt – Venture round of $6.2 million completed in April 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $85.75M
- Total Rounds 10
- Last Round Debt – Venture — $6.2M
- First Round $1.82M
(Jun 2012)
- Investors Count 8
All 10 funding rounds of Power2SME with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2018 | $6.2M | Debt – Venture | – | – | |
| Jul 2017 | $36M | Series E | $98.97M | Accel, IFC | |
| Sep 2016 | $8.49M | Series D | $80.8M | Kalaari Capital, Accel | |
| Nov 2015 | $20M | Series D | $••••• | Accel, Nandan M Nilekani | |
| Jun 2015 | – | Debt – Venture | – | – | |
| Jul 2014 | $7.06M | Series C | $••••• | Accel | |
| Jun 2013 | $5.46M | Series B | $••••• | Kalaari Capital, Inventus Capital Partners | – |
| Mar 2013 | $6M | Series B | $••••• | Accel | |
| Dec 2012 | $910,565 | Series A | $••••• | Kalaari Capital | – |
| Jun 2012 | $1.82M | Series A | $••••• | Athera |
| Date | Valuation | Stage |
|---|---|---|
| Jul 2017 | $98.97M | •••••••• |
| Sep 2016 | $80.8M | •••••••• |
| Nov 2015 | $••••• | •••••••• |
| Jul 2014 | $••••• | •••••••• |
| Jun 2013 | $••••• | •••••••• |
| Mar 2013 | $••••• | •••••••• |
| Dec 2012 | $••••• | •••••••• |
| Jun 2012 | $••••• | •••••••• |
Full valuation and stage history of Power2SME
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $98.97M (Jul 2017). 8 investors in total: 7 institutional and 1 angel.
Investors in Power2SME
Power2SME has secured backing from 8 investors, including venture fund and angel investors. Prominent investors backing the company include Accel, International Finance Corporation and Athera Venture Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture debt financing is extended to companies across multiple sectors. | 2008 | innovencapital.com | Mumbai, India | |
Accel is recognized as a leading venture capital firm. | 1983 | accel.com | Palo Alto, United States | |
Investments in early-stage technology companies are made by Kalaari Capital. | – | kalaari.com | Bengaluru, India | |
IFC is focused on private sector development in emerging markets. | 1956 | ifc.org | - | |
Early-stage venture capital investments are provided by Athera. | 2008 | atheravp.com | Bengaluru, India | |
Early-stage investments are targeted by Inventus Capital Partners. | – | inventuscap.com | Burlingame, United States | |
Venture capital investments are directed toward tech startups. | – | indiaassetrealflexiopportunities.tcc.mode | - | |
NN Nandan Nilekani | - | – | unknown_b3185ebcedda4604a | - |
Investor details for Power2SME
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Jijo India Private Limited (Power2SME)
Jijo India Private Limited is the primary company behind Power2SME. The board of Jijo India Private Limited currently have 2 directors; the longest-serving is Narayan Ramaswamy, appointed in 2012. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Narayan Ramaswamy DIN 00304905 | Director | 17 Oct 2012 | 13 yrs 11 mo | Jijo India Private Limited |
| Amit Bhatnagar DIN 11106697 | Additional Director | 27 May 2025 | 1 yr 4 mo | Jijo India Private Limited |
People of Power2SME
20 people are tracked at Power2SME (12 in leadership, 2 in board & advisors, 6 in team).
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
Snehashish Bhattacharjee | Co-Founder | Leadership |
Debabrata Majumdar | Co-Founder | Leadership |
H.P. Kumar | Director, External Affairs | Leadership |
R Narayan | Founder & CEO | Leadership |
Sumanta Kumar Mahakul | Director, Business Development | Leadership |
| Head, Credit & Risk | Leadership | |
Rakessh Kandhari | VP, SMEShops | Leadership |
Prasad Siram | VP, Business Operations | Leadership |
Anuj Kumar | Deputy General Manager | Leadership |
Karan Bansal | Director Finance | Leadership |
Amit Jaiswal | Director, Unsecured Working Capital & Supply Chain Finance | Leadership |
Parag Dhol | Director | Board & advisors |
Mahendran Balachandran | Director | Board & advisors |
Prabhat Bhardwaj | SVP, Human Resources & Administration | Team |
Deepak Gupta | SVP, Finance | Team |
Himani Chaudhary | Lead Generation Specialist | Team |
Deepali Jain | Assistant Financial Manager | Team |
Khushboo Sharma | Assistant Manager Business Operations | Team |
Shekhar Gupta | Manager | Team |
Complete people profiles for Power2SME
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Power2SME
Figures of Jijo India Private Limited, the primary company behind Power2SME, for FY 2025. Revenue was ₹187 Cr (+369% year on year). Net profit was ₹61.2 Lakh (0% margin). EBITDA was ₹3.74 Cr (2% margin). Revenue has grown at a compounded annual rate of +158% over three years and +245% over five years.
- ₹187 CrRevenue · FY 2025 · +369% YoY
- ₹61.2 LakhNet profit · 0% margin
- ₹3.74 CrEBITDA · 2% margin
- ₹1 LakhPaid-up capital
- 13Employees (provident fund records)
- +158%Revenue CAGR, 3 years
- +245%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Jijo India Private Limited are on its company page.
Detailed financial statements for Power2SME
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Power2SME
4 dated milestones of Power2SME across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Power2SME is founded.
- Funding First funding round of $1.8M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Debt – Venture, of $6.2M.
Competitors of Power2SME
Power2SME operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as OfBusiness, NowPurchase, JSW One MSME, Ximkart and Tradohub, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ofbusiness.com | 2015 | Ahmedabad, India | $776.04M | 716 | Provider of B2B platform for raw material procurement and credit access | |
| nowpurchase.com | 2017 | Kolkata, India | $8.69M | 90 | Tech-interfaced procurement marketplace is operated for metal manufacturers. | |
| jswonemsme.com | 2020 | Mumbai, India | $91.54M | 862 | Retailer of various steel products including mild, stainless, and structural | |
| ximkart.com | 2021 | Bengaluru, India | $15.32M | 69 | An online B2B cross-border trade marketplace offering industrial raw materials | |
| tradohub.com | 2014 | Ahmedabad, India | $8.57M | – | Operates an online group buying platform for raw materials tailored to MSMEs. | |
| eesl.in | 2011 | Delhi, India | – | 13 | Provider of education services to education sector |
Detailed competitors of Power2SME
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Power2SME
The website of Power2SME (power2sme.com) receives about 2K visits a month.
- Monthly visits2K
▲ 63.1% vs previous month
Websites whose visitors overlap most with Power2SME. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
corporatedir.com | corporatedir.com | 100% | – | #1,415,214 | – |
| nextbigwhat.com | 36% | 8K | #2,793,827 | View details | |
| business-standard.com | 35% | 9.3M | #7,356 | View details | |
investing.businessweek.com | investing.businessweek.com | 25% | – | – | – |
Latest news on Power2sme
Complete news archive for Power2SME
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Power2SME
10 companies that operate in the same segment as Power2SME (Materials Equipment & Tech), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Technology tools and systems for molecular scale are developed. | 1959 | Abingdon, Oxfordshire, United Kingdom | – | USD 648.1 M | – | |
Schrödinger is recognized for developing physics-based software platforms for molecular discovery. | 1990 | New York, New York, United States | USD 162 M | USD 255.87 M | 891 | |
Tech-interfaced procurement marketplace is operated for metal manufacturers. | 2017 | Kolkata, West Bengal, India | USD 17.19 M | USD 22.11 M | 48 | |
Retailer of various steel products including mild, stainless, and structural | 2020 | Mumbai, Maharashtra, India | USD 91.54 M | – | – | |
Provider of B2B platform for raw material procurement and credit access | 2015 | Ahmedabad, Gujarat, India | USD 776.04 M | USD 1.88 B | 940 | |
Critical minerals are recovered from e-waste via electro-extraction technology. | 2017 | Knoxville, Tennessee, United States | USD 65.23 M | – | – | |
Provider of AI-based solutions for materials informatics | 2013 | Redwood City, California, United States | USD 81.26 M | – | 53 | |
Zhaogang is recognized as a leading steel e-commerce platform. | 2012 | Shanghai, China | USD 393.8 M | – | – | |
Digital microscopes for pathology and telepathology are developed. | 2014 | Thane, Maharashtra, India | USD 1.71 M | USD 229.8 K | 21 | |
Novi is focused on enhancing AI-driven shopping experiences. | 2019 | Larkspur, Colorado, United States | USD 51.65 M | – | 16 |
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Frequently Asked Questions about Power2SME
Power2SME was founded in 2012.
Power2SME is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Narayan Ramaswamy is the current CEO of Power2SME. They have also founded this company.
Power2SME is a funded company, having raised a total of $85.75M across 10 funding rounds to date. The company's 1st funding round was a Series A of $1.82M, raised on Jun 2012.
The primary company behind Power2SME, Jijo India Private Limited, reported revenue of ₹187 Cr for FY 2025, up 369% year on year.
Power2SME was established in 2012 in Gurugram, India, as a B2B digital marketplace in the industrial e-commerce sector. Multi-category industrial products are offered to small and medium enterprises, facilitating access to raw materials at competitive prices. Working capital financing is provided to support operations. Suppliers are connected with SMEs to streamline procurement processes across the supply chain.
Power2SME's top competitors include NowPurchase, JSW One MSME and OfBusiness.
Power2SME has 8 investors. Key investors include Accel, International Finance Corporation, Athera Venture Partners, InnoVen Capital, and Kalaari Capital.
The valuation of Power2SME is $98.97M as of Jul 2017.
Power2SME operates through Jijo India Private Limited.
The legal entities of Power2SME currently have 2 directors, including Narayan Ramaswamy, Amit Bhatnagar.