Source.One, a Pune-based startup founded in 2018, is transforming the procurement landscape for Indian manufacturers by digitizing the raw materials supply chain. Initially operating via WhatsApp, the company has developed a comprehensive platform that integrates real-time pricing, logistics, and credit facilities. Serving over 10,000 businesses across all 28 states of India, Source.One connects with more than 800 suppliers and 600 logistics partners, delivering over 200,000 metric tons of material annually. Their app offers features like live pricing, order tracking, and instant support, streamlining the procurement process for small and medium-sized enterprises.
In India’s manufacturing sector, sourcing raw materials has traditionally been a manual, opaque process, often involving middlemen and inconsistent pricing. Recognizing these challenges, Source.One was established in 2018 by Arun Singhal, Shrinath Balakrishnan, and Rohit Parmar. The startup began with a WhatsApp-based ordering system, allowing buyers to place orders via message, with Source.One managing sourcing, logistics, and delivery. This approach provided valuable insights into customer pain points, leading to the development of a fully digital procurement platform.
Today, Source.One serves over 10,000 businesses across all 28 states of India, offering a tech-driven platform that integrates real-time pricing, logistics, and credit facilities. The platform connects with more than 800 trusted suppliers and 600 logistics partners, delivering over 200,000 metric tons of material annually. Features such as live pricing, order tracking, and instant support streamline the procurement process, making it more transparent and efficient for small and medium-sized enterprises.
To further support businesses, Source.One offers SourcePlus, a subscription service providing market insights, pricing forecasts, and trade trend reports. This enables businesses to make data-backed decisions, reducing guesswork in procurement. With its innovative approach, Source.One is reshaping the industrial procurement landscape in India, empowering manufacturers with the tools they need for growth and efficiency.
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