Bulk MRO

Bulk MRO

Supplies MRO to multiple industries in India.

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$3.3m

Debt
Total Funding000k
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Bulk MRO Industrial Supply is a business-to-business platform focused on the global supply chain, turnkey project management, and finance sectors. Founded in 2015 by identical twin brothers Devang and Gaurang Shah, the company was born from their direct experience with the complexities of vendor management while working in their family's consulting business. This firsthand knowledge of procurement challenges prompted them to create a streamlined solution. Both founders share a strong academic and professional background, having graduated from the University of Pennsylvania—Gaurang from the Moore School of Engineering and Devang from the Wharton Business School—and subsequently working at McKinsey & Co. and Deutsche Bank, respectively.

The company operates as a comprehensive, tech-enabled platform for enterprises, corporations, governments, and SMEs. It functions as a one-stop shop for a vast array of industrial products, including maintenance, repair, and operations (MRO) items, as well as bulk commodities like agricultural products, metals, and chemicals. The business model is designed to simplify procurement by addressing issues such as a fragmented supplier base and complex supply chains. Revenue is generated through the sale and distribution of these goods and by providing integrated services. Bulk MRO serves a diverse client base across numerous industries, including manufacturing, energy, pharmaceuticals, and government agencies, in regions spanning North America, Europe, India, and the Middle East.

A core component of Bulk MRO's offering is its fintech division, which provides working capital solutions and supply chain financing to both customers and suppliers through its 'Bulk Capital' and 'Bulk Udhaar' platforms. This financial integration allows for more flexible payment terms and addresses capital constraints for its partners. The company also provides turnkey project management, covering sourcing, procurement, logistics, installation, and commissioning. With a global presence that includes over 23 offices, the company manages both domestic and international logistics, handling the end-to-end import and export processes. Since its inception, the company has secured significant funding from investors such as Y Combinator, Bain Capital, and Rebright Partners, enabling its expansion.

Keywords: B2B procurement, supply chain management, industrial supplies, MRO solutions, turnkey project management, fintech, working capital solutions, cross-border trade, procurement platform, vendor management, global sourcing, supply chain financing, enterprise procurement, government contracts, industrial goods marketplace, bulk commodities, logistics services, B2B e-commerce, raw materials sourcing, capital goods

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