Indosup: Procuring Construction Materials Made Easy
The procurement department in the construction sector is undergoing a momentous transformation, thanks to cuttingedge technologies. Technology plays a vital role as construction material market is widely fragmented and only firms with technology can create an organized channel to fulfill the Procurement. It has enabled organizations to organize documentation, gain the benefit of last mile delivery and fulfill all their procurement needs under one roof.Spearheading the innovation, IndoSup provides a SaaSbased procurement platform that simplifies the lives of construction organizations by helping them procure materials for multiple sites at one go with one platform and get updates about stock delivery and track monthly reports. "We empower SME contractors and sub-contractors with technology to thrive in today's competitive market. We procure for you quickly and transparently at the best prices and enable you to manage your construction site efficiently", Ashmit Sharma, Founder of IndoSup.
The company began its business operations in June'21, since then it has been an intriguing journey for them as they have 28 recurring clients which started with a minor procurement and are now billings in crores. The company has already done 15Cr+ in billing and has 50Cr+ in order book for next quarter. Leveraging cutting-edge SaaS technology and a unique business strategy, the company pays close attention to clients' business requirements and optimizes the procurement operations, which has made them a trusted partner.
With IndoSup's SaaS platform, construction companies can order all the construction materials and industry goods from vetted and licensed manufacturers. Clients get the turn-key Procurement solution from inception stage to turnkey stage.
The company supplies everything from TMT till Wall switches to clients.
The company is trying to disrupt the fragmented supply chain. The team at IndoSup sources directly from manufacturers, serving clients with the best prices. The customers can save up to 15 percent on their procurement spend. The company has a vast net-work and long standing relations with multiple brands. The technical team is at disposal to help clients build their order from scratch. They help them as-certain the specifications clients need for their project. The best aspect is the quotations, it will always be transparent, and as clients require it to be. The platform allows users to track orders -from manufacturer to site.
The platform helps users to evaluate side-by-side comparison, price analysis, and auctions. Decision makers can make spending decisions with confidence by leveraging functions such as cost optimization and real-time dashboard insights.
The company has witnessed a tremendous growth since its inception, what started with 21L in MRR has reached 210L. The company has footprint in Manipur, west Bengal, Jammu, Rajasthan, Maharashtra, Chennai and Delhi NCR at the moment. The goal is to reach 2000Cr+ in ARR in coming 5 years. Looking ahead, the company intends to use even more insights from their platform to inspire new tools and functionality, as well as to present smart insights to their clients. Many existing market solutions are monolithic procurement suites with a wide range of tools. IndoSup is unique as they focus on a specific area of procurement--sourcing--and provide the depth of functionality required to truly align with client needs.
The company is trying to disrupt the fragmented supply chain. The team at IndoSup sources directly from manufacturers, serving clients with the best prices. The customers can save up to 15 percent on their procurement spend. The company has a vast net-work and long standing relations with multiple brands. The technical team is at disposal to help clients build their order from scratch. They help them as-certain the specifications clients need for their project. The best aspect is the quotations, it will always be transparent, and as clients require it to be. The platform allows users to track orders -from manufacturer to site.
We empower SME contractors and sub-contractors with technology to thrive in today's competitive market. We procure for you quickly and transparently at the best prices and enable you to manage your construction site efficiently
The platform helps users to evaluate side-by-side comparison, price analysis, and auctions. Decision makers can make spending decisions with confidence by leveraging functions such as cost optimization and real-time dashboard insights.
The company has witnessed a tremendous growth since its inception, what started with 21L in MRR has reached 210L. The company has footprint in Manipur, west Bengal, Jammu, Rajasthan, Maharashtra, Chennai and Delhi NCR at the moment. The goal is to reach 2000Cr+ in ARR in coming 5 years. Looking ahead, the company intends to use even more insights from their platform to inspire new tools and functionality, as well as to present smart insights to their clients. Many existing market solutions are monolithic procurement suites with a wide range of tools. IndoSup is unique as they focus on a specific area of procurement--sourcing--and provide the depth of functionality required to truly align with client needs.
