#Asia Online office supplies store aahaa raises US$1M pre-Series A led by YourNest

//

The fresh infusion of funds will fuel aahaa’s market expansion, help enhance its technology and infrastructure and attract talent

B2B-e-commerce-690

aahaa stores, an online store for office supplies in India, has raised US$1 million in pre-Series A round of funding from a group of investors, led by Gurgaon-based YourNest Angel Fund.

The fresh infusion of funds will fuel the B2B startup’s market expansion, help enhance its technology and infrastructure and attract talent.

Launched in 2013 by Asokan Sattanathan (Chairman), Rajaraman Sundaresan (CEO) and Shri Harish Kannan (COO), aahaa is an online platform for all indirect product purchases and a pre-eminent strategic supplier to IT companies, manufacturers and financial institutions.

Also Read: Indian business conglomerates back B2B e-commerce firm Industrybuying

aahaa has over 500 vendors and it sources 75 per cent of its deliveries locally. Currently, corporates buy stationery, housekeeping, pre-printed, repair and maintenance products, electronics, appliances, custom-made products, imported merchandise, assets and corporate gifts via aahaa.

The company claims it has over 50 customers across manufacturing, technology and banking verticals including Wipro, TCS, Ashok Leyland, Michelin, Titan, Karur Vysya Bank and Cholamandalam Finance.

The startup is addressing an opportunity of INR 14,400 crore (US$21 billion), the estimated spend by companies on indirect materials.

The company is headquartered in Chennai with offices and warehouses in Chennai, Bangalore, Pune and Gurgaon.

Image Credit: Shutterstock

The post Online office supplies store aahaa raises US$1M pre-Series A led by YourNest appeared first on e27.

from e27 http://ift.tt/1Qwr55z

Ce contenu a été publié dans #Asia par Startup365. Mettez-le en favori avec son permalien.

A propos Startup365

Chaque jour nous vous présenterons une nouvelle Startup française ! Notre pays regorge de talents et d'entrepreneurs brillants ! Alors partons à la découverte des meilleures startup françaises ! Certaines d'entre elles sont dans une étape essentielle dans la vie d'une startup : la recherche de financement, notamment par le financement participatif (ou crowdfunding en anglais). Alors participez à cette grande aventure en leur faisant une petite donation ! Les startups françaises ont besoin de vous !