Metalbook- a leading SaaS company with a focus on metal businesses for enhancing metal procurement experience has raised funding of $5 Mn.The estimated $6.79 billion metal sector in India is highly unorganised.
Due to a lack of digitalisation, emails or WhatsApp are used for the majority of business transactions. Customers are completely reliant on the transparency offered by suppliers when purchasing metals.
In 2021, Baldev, Aman Tibrewal, and Raghavendra Pratap Singh founded Metalbook to promote transparency and digitization in the nation’s metal business. In the metal business, the startup links suppliers and buyers. Customers benefit from a smooth metal procurement process as well.
Metalbook integrates the entire supply chain process beginning from manufacturing the raw material to delivering it to customers.
From the provision of raw materials to the customer’s processing capabilities, MetalBook offers a premium purchasing experience. Once a client places an order to purchase raw materials, they deliver the finished good to his doorstep in accordance with the predetermined timetable.
Metalbook claims to offer its services across the globe including India, Bhutan, Nepal and Bangladesh, among others.
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