In an era defined by innovation and vision, Rawmart, founded in 2021 by Shrenik Bora and Saurabh Rana, stands as a example of entrepreneurial success. This bootstrapped startup achieved a remarkable milestone, surpassing 100 crore INR in revenue within just its second year of operation.
Rawmart’s mission is crystal clear: to bridge the gaps in managing the procurement for SME sector. With limited resources and a small, dedicated team, the co-founders embarked on a journey to build the company from the ground up. Their unwavering commitment to simplifying procurement processes and enabling custom manufacturing resonated strongly with SMEs, setting them apart in the market.
Having experienced exponential growth in the previous financial year, Rawmart remains steadfast in its dedication to sustaining this momentum and enhancing profitability in the upcoming year. Their story is a testament to the transformative power of innovation within the SME landscape.
Moreover, Rawmart, headquartered in Pune, has expanded its physical presence, establishing an additional office space in Ahmedabad and is poised to start a new branch in Delhi by the close of fiscal year 2024. This expansion underscores their commitment to catering to a broader clientele and providing enhanced support to their existing customers.
With an impressive track record of robust revenue and profit growth, as well as a substantial portfolio of vendors and products, Rawmart has solidified its position in the market. Currently, Rawmart serves clients across 7 to 8 states of India and has fostered partnerships with over 250 manufacturers, showcasing the extensive reach and proactive approach of the team.
Rawmart’s journey serves as a shining example of what can be accomplished through unwavering dedication, innovative thinking, and a steadfast commitment to addressing the unique needs of the SME sector. As they continue to expand their operations, they are poised to leave an even more significant imprint on the Indian business landscape.
