MaxWholesale

Redefining inventory sourcing for local General Stores with a data-driven approach that boosts efficiency and maximizes return-on-effort.

General Information
Company Name
MaxWholesale
Founded Year
2016
Location (Offices)
+1
Founders / Decision Makers
Number of Employees
201-500
Industries
B2B, E-Commerce
Funding Stage
Series A
Social Media

MaxWholesale - Company Profile

MaxWholesale is revolutionizing inventory sourcing for local General Stores through a data-driven approach to enhance efficiency and maximize return-on-effort. The India-based B2B platform addresses the pressing need for tech integration in the FMCG supply chain, particularly for the 8 million underserved Kirana stores. With a focus on leveraging data science, MaxWholesale aims to equip these small retailers with the necessary technology and tools to streamline operations. Their proprietary algorithms empower these local stores to predict demand, procure a wider range of products, minimize wastage, and access appropriate working capital based on their payment history. Founded in 2016, MaxWholesale operates in the B2B and E-Commerce industries. The company secured a significant $3.00M Series A investment on 18 February 2020, with key backing from entities such as Indian Angel Network, Abhinav Grover, Al Falaj Investment Company, Ambarish Raghuvanshi, Maple Capital Advisors, and Siddharth Bindra.

Taxonomy: B2B platform, inventory sourcing, data-driven approach, FMCG supply chain, technology infusion, local General Store, Kirana stores, data science-driven, predictive analytics, working capital optimization, efficiency improvement, wastage reduction

Funding Rounds & Investors of MaxWholesale (4)

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Funding Stage Amount No. Investors Investors Date
Series A $3.00M 6 Abhinav Grover, Al Falaj Investment Company +3 18 Feb 2020
Seed Round $358.96K - 05 May 2018
Seed Round $1.00M 2 Maple Capital Advisors 20 Jun 2017
Seed Round $150.00K 2 Maple Capital Advisors, Abhinav Grover 28 Jul 2016

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