Industrybuying Ropes in Bharat Arora as Financial Controller

Indian B2B e-commerce startup Industrybuying has announced the appointment of Bharat Arora, an ex-MakeMyTrip executive, as its Financial Controller. Mr. Arora comes with a dynamic experience in both, startup and corporate settings. As a financial controller, he will head the finance division and will be responsible for lead strategy, financial planning and accounting, besides also managing the corporate affairs of the company.

Swati Gupta, Co-founder & CEO, Industrybuying said, “It’s great to have Bharat on board as we weave our success journey in the B2B e-commerce sector. His rich experience and knowledge in finance will help us leverage scalable practice as we continue to create an effective B2B e-commerce ecosystem in the country.

A qualified chartered accountant professional, Mr. Arora has over eight years of experience in finance management. He was previously associated with MakeMyTrip and KPMG, one of the world’s largest consulting firm.

“Industrybuying has achieved tremendous growth in the B2B e-commerce sector and has set a strong foothold in the market among customers, partners and other stakeholders within just a few years of operation. I am excited about coming on board with this amazing team and look forward to becoming a part of the company's success”, said Mr. Arora on his new appointment.

This is the second top level hiring in Industrybuying within a month, after the appointment of Ms. Manvinder Kaur as Vice President, HR. Industrybuying is ramping up its top management to transform the company from a start-up to a mature organization.

Industrybuying is co-founded by the sibling duo of Swati Gupta and Rahul Gupta and is backed by leading Indian and Global investors such as SAIF Partner, Kalaari Capital and BEENEXT. At present, the company is catering to the procurement requirements of over 150 enterprises and more than 75,000 business customers from all over the country.

The company is selling a wide range of business and industrial products to SMEs as well as large businesses. It offers over 1.5 million products across 45+ categories ranging from Safety and Security, Electrical and Lighting, Power and Solar, MRO supplies and many more categories.

Industrybuying is backed by some of the leading Indian and global investors. Most recently the company has raised 60 crores in series B round led by Kalaari Capital with participation from SAIF Partners and BEENEXT.

Based out of Delhi NCR, the company has a Pan-India footprint with fulfilment centers in Mumbai, Pune, Ahmedabad and Bangalore.

Industrybuying Partners With Capital Float to Offer Credit Up to 25 Lakhs

India’s leading B2B e-commerce startup Industrybuying has joined hands with Capital Float, the largest digital lending platform in the country, to offer a unique credit solution called ‘Pay Later’ to businesses across India. This cutting-edge loan product enables SMEs to procure industrial products using a pre-defined credit line that gets reset upon repayment.

Ms. Swati Gupta, Co-founder & CEO, Industrybuying said, “Working capital management is a problem faced by most SMEs. Along with solving this problem for existing businesses, the availability of hassle-free loans can help numerous entrepreneurs to lead the establishment of various SMEs and SMBs in Tier 2 and Tier 3 cities of India wherein the real bulk of India’s bustling industrial sector lies. We are seeing more and more businesses buying online for their procurement and other business purposes. This is a huge step in that direction and we are delighted to extend this option to our customers.”

‘Pay Later’ product comes as a convenient feature for SMEs and SMBs looking to procure industrial products as it allows them to avail online credit of up to 25 lakhs almost instantaneously without paperwork and hassles associated with getting a loan from elsewhere.

Gaurav Hinduja, Co-founder, Capital Float says, “The market opportunity is sizeable and encouraging. Our collaboration with IndustryBuying will incorporate the strengths of two growing businesses, taking finance to tier 2 and tier 3 markets, which were previously ignored due to inadequate financial infrastructure. We intend to make convenient finance accessible to SMEs at a granular level.”

To avail the Pay Later option, companies need to register themselves on the Industrybuying website and Industrybuying will share customer details with Capital float for processing. Post verification done by Capital Float, the credit line will be setup on IndustryBuying and ready for use within 72 hours. Payment through Pay Later is available for a purchase amount of Rs. 25,000 or higher.

Industrybuying is revolutionizing B2B E-commerce with the introduction of innovative and Business-friendly Payment mechanisms on its platform. Earlier, Industrybuying had also partnered with Innoviti and integrated EMI features for its customers who were transacting through debit/credit card and looking to avail EMI features at a flexible interest rate.

Industrybuying Ropes in Manvinder Kaur as VP Human Resource

In a major development, India’s leading B2B e-commerce platform Industrybuying announces the appointment of Ms. Manvinder Kaur as Vice President, Human Resource. In her current role, Ms. Kaur will lead the Human resource of the company and drive the core functions such as talent management, employee engagement and corporate trainings at Industrybuying.

Speaking on her appointment, Swati Gupta, Co-founder and CEO, Industrybuying said, “I am confident that Manvinder will play an important role in enabling the team at Industrybuying to fulfill our long term mission of revolutionising B2B e-commerce in country through internet technology & Supply Chain. Having her on our management team will surely empower our prospects at hiring the finest talent in India.”

IndustryBuying is currently eyeing to garner young untapped talent that lies across the length and breadth of India. It is looking forward to streamline the processes in various divisions such as operations, marketing, sales, product, technology, logistics, etc.

“It’s a privilege to be a part of a leading, vibrant and growing team of Industrybuying. I see immense potential in the goal of Industrybuying and look forward to HR being a strategic role as the company moves into its next stage of evolution.” said, Manvinder Kaur, the newly appointed VP Human Resource for Industrybuying.

Ms. Kaur, who holds an MBA from the ICFAI Business School, Hyderabad and an undergraduate degree in engineering from the Punjab Technical University, comes with more than a decade’s experience in Human Resource – strategy, planning, employee relations, management and policies redesign.

In her earlier stint, Manvinder has led HR function at Gap Inc, and BT Global services. She also held the post of Assistant Vice President at IndusInd bank. Her years of experience in designing and setting systems that are nimble and efficient at each stage, building high performing teams and handling compliance and process are some of the key assets that she brings with herself.

Industrybuying is a leading Business e-commerce platform, selling a wide range of business and industrial products to SMEs as well as large businesses. It has over 5,000 registered sellers and more than 75,000 registered businesses - SMEs and large corporate, procuring online from Industrybuying.

The company offers over 1.5 million products across 45+ categories ranging from Safety and Security, Electrical and Lighting, Power and Solar, MRO supplies and many more categories.

Industrybuying is backed by some of the leading Indian and global investors. Most recently, the company has received funding of Rs. 60 crores from

Based out of Delhi NCR, the company has a Pan-India footprint with fulfillment centers in Mumbai, Pune, Ahmedabad and Bangalore.