Bulk MRO raises ?25-crore debt funding led by Stride Ventures

Valuation & Biz-Modeling

Y-combinator backed Bulk MRO has raised ₹25 crore as a part of its new debt funding round, led by venture debt provider Stride Ventures.

Bulk MRO is a technology platform that provides for the supply chain procurement needs of its customers and suppliers globally.

“Bulk MRO is growing exponentially in a market where the goal posts are constantly shifting. We need a partner that can adapt to the constantly changing landscape and provide financial solutions that will help us service our customers better. Stride Ventures is a very nimble partner that brings to the table a tremendous network,” said Gaurang Shah, co-founder, Bulk MRO.

The five-year old startup has aggregated more than 5,000 brands and 1.5 million products on its platform, and also runs a fintech platform, Bulk Udhaar, which offers supply chain financing solutions to its customers and suppliers.

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Mr. Chander Sawhney

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