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Agri-Fintech Startup Poshn Clocks in Rs 300 Crore in Trade; Becomes the Top Trader of Sugar and Oil in Delhi NCR - Vimarsana News

Agri-Fintech Startup Poshn Clocks in Rs 300 Crore in Trade; Becomes the Top Trader of Sugar and Oil in Delhi NCR

Published: November 17, 2022

New Delhi [India], November 17 (ANI/BusinessWire India): Poshn, a platform for wholesale processed commodity distribution & financing has announced that it is now the top trader of sugar and oil in Delhi NCR. Poshn provides a seamless and efficient procurement platform, especially for bulk-processed commodities in a highly fragmented agri supply chain market. The startup has partnered with over 500 wholesalers across eCommerce, modern trade, general trade and has seen an aggressive adoption from across the supply chain. Poshn has reported a 7X annualized growth in the last 12 months with m...

Source: laosnews.net

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New Delhi Shashank Singh Bhuvnesh Gupta Businesswire India New Delhi India Ovember 17 Ani Businesswire India Poshn A Platform For Wholesale Processed Commodity Distribution Amp Financing Has Announced That It Is Now The Top Trader Of Sugar And Oil In Delhi Ncr Poshn Providesa Seamless Efficient Procurement Specially For Bulk Processed Commodities Ina Highly Fragmented Agri Supply Chain Market The Startup Has Partnered With Over 500 Wholesalers Across Ecommerce Modern Trade Eneral Trade And Has Seen An Aggressive Adoption From Across The Supply Chain Poshn Reporteda 7x Annualized Growth In Last 12 Months With More Than Rs 300 Crore Company Is Also Planning To 10 Additional Commodities By End Of Next Year Hasa Pan India Presence Founded 2020 Shashank Singh Bhuvnesh Gupta Oshn Isa Platform That Takesa Product First Approach Towards Solving Complex Problems In B2b Agritrade The Company Aims To Organize Agri Supply Chain By Making Wholesale Trading Seamless It Offers Full Stack Services For Of Commodities Where Buyers Can Purchase From Millers And Stockists Not Only Provides Discovery Transactions Market But Also Assists Sellers With Logistics Flexible Payment Solutions Is Currently Operational Delhi Arnataka And Mp Currently Holesale Buying And Selling Happen In Silos Wherea Buyer Buys From His Select Set Of Agents Who Turn Havea Sellers The Buyers Struggle With Price Discovery On Time Delivery Uality Of Produce And Working Capital Similarly He Suppliers 39 Challenges Lie Around Demand Predictability Timely Payment Orking Capital Management Anda Limited And Inelastic Distribution Network With Very Little Digitisation He Sector Faces Several Challenges When It Comes To Access Credit And Robust Distribution Channels Fragmented Supply Units Which Makes Discovery Price Ommodities Complex There Are Often 6 8 Intermediaries Between The Farmer And Retailer Including Some Who Add Real Value To Product Trade Uta Large Number Of These Intermediaries Add On To The Inefficiency In Supply Chain Poshn Ith Its Ai Driven Distribution Engine Akes Wholesale Procurement Seamless And Gives The Buyersa One Window Shop To Get Best Prices From An Array Of Suppliers Trust Ensure Assured Hassle Free Deliveries Poshn Is Addressing Challenges Faced By Hundreds Thousands Food Processing Units More Than Two Million Buyers Platform Addsa Layer Bringing In Transparent Pricing Equality Check Nd Providing Working Capital Solutions Wherever Required By Removing The Constraints For Buyers