Industrybuying, India’s one of the leading B2B e-commerce startup, has today announced that it has appointed Bharat Arora, an ex-MakeMyTrip executive, as its Financial Controller. In his new role, 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.
Bharat Arora comes with a dynamic experience in both, startup and corporate settings. He is a qualified chartered accountant professional and 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.
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.
Commenting on his appointment, Bharat Arora said:
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.
This is the second top level hiring in Industrybuying within a month. Earlier, the company had appointed Ms. Manvinder Kaur as Vice President of Human Resources. Industrybuying is ramping up its top management to transform the company from a start-up to a mature organization.
Industrybuying, co-founded by the sibling duo of Swati Gupta and Rahul Gupta, is backed by 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.
Earlier this year, the company raised Rs. 12 crore in debt funding. Last year, it had raised $9 million in Series B round of funding from Kalaari Capital and others. Prior to that, in February 2015, the company raised $2 million in funding from SAIF Partners.