By Tricitynews
Chandigarh 26th
May:- Vini Mahajan, Additional Chief Secretary (Industries & Commerce),
Punjab, unveiled the Pumpkart app at Software Technology Park of India(STPI)
here. The ceremony took place in the presence of Pumpkart’s Co Founders’- K S
Bhatia and Manish Saini. It is pertinent to state that Manish Saini has
joined Pumpkart as a Co Founder. Saini is an IIM graduate and his coming on
board is set to provide impetus to the next phase of Pumkart’s ambitious growth
plan. It is noteworthy that Saini has over 15 years experience in strategic
& operational management across Fortune 100 companies and start ups.
Renowned names from the world of
business like Dr Dinesh Dua, CEO & Director, Nectar Life Sciences Ltd
and Chairman, Pharmexcil were also present.
K S Bhatia, Co Founder, Pumpkart,
said that Pumpkart is celebrating its 5th anniversary, so we
timed launch of the app with this. Our app is a B2B Ecommerce marketplace model
dealing in the complete range of home appliances, kitchen appliances,
electronic goods, electrical goods and industry supply. It is first of its
kind as the buyers are not only retailers/dealers but also the corporates &
industries.
He added further that the
app has been designed keeping a very important aspect in mind. A majority of
products being manufactured in India are being sold in the unorganized sector
and manufacturers struggle to find retailers for their products, which
otherwise are of a high quality. Pumpkart’s app will tap these manufacturers
and provide them retail buyers. “Our aim is also to give a fillip to PM’s ‘Make
in India’ initiative, so there is extra attention paid in our app to Indian
manufacturers of quality products.
Vini Mahajan, Additional Chief
Secretary, Industries & Commerce, Punjab, said that he congratulate Pumpkart for the new app. We in
the industries & commerce department are geared up to help and hand hold
people with start-up ideas. Start ups have an important place in the scheme of
things in our department and we have even recruited top class professionals to
manage the start up initiative of Punjab government.
Pumpkart will provide all the
retailers using the platform for a period of 3 months, the working capital
lending to improve their buying capacity. The advantage which will accrue to
manufacturers & brands is that the platform will provide them a direct
reach to the retail outlets via its mobile app, while providing the retailers
with a wide range of options to choose from for their customers, thus improving
their product mix and profitability.
Manish Saini, Co Founder, Pumpkart,
said that for the first time in India, there is a platform- Pumpkart, which
caters to all type of Industries and assists them in their- spend analysis;
spot buys; price benchmarking; category management & tail spend management.
With the vision to become ‘India Ka
Wholesaler’, Pumpkart's online platform is poised to disrupt the traditional
channel market by providing an extremely transparent pricing mechanism for the
retailers.
Pumpkart has also come up with the
unique concept of Pumpkart services, which is for the first time in India.
Pumpkart has already launched 13 Pumpkart service stores to bolster the service
support for the retail network across all brands and products on its platform.
This will provide the end customer a hassle free buying experience.
Pumpkart an award winning start up,
which has been appreciated by Google in 2015 is growing fast. By bringing a
huge portfolio of products on its B2B platform, it plans to capture 25,000
retailers by end of 2019, with this new range and technology back up.
