MaxWholesale
MaxWholesalecom is India's first online B2B platform for sourcing all inventory needs for local general store merchants.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
| investor investor | €0.0 | round | |
| N/A | €0.0 | round | |
| investor investor investor investor investor | €0.0 | round | |
$580k | Series A | ||
| Total Funding | 000k | ||
MaxWholesale, legally registered as 99 Algorithms Private Limited, is a B2B e-commerce platform that directly connects fast-moving consumer goods (FMCG) companies with Kirana stores, which are small, local grocery shops in India. The company's platform provides technology tools for distribution, enabling these small retailers to procure a larger variety of products more reliably.
Their business model is centered around a self-operated e-commerce platform. They utilize proprietary algorithms to assist their clients in predicting demand, optimizing procurement, and reducing waste. This data-driven approach also helps in managing working capital effectively. MaxWholesale primarily serves the Indian market, with a strong presence in Delhi. The company generates revenue by facilitating the distribution and supply chain between large FMCG companies and the fragmented network of Kirana stores, streamlining the procurement process for these small businesses.
Keywords: B2B e-commerce, FMCG, Kirana stores, supply chain, procurement, distribution, India, retail, logistics, inventory management