Nilekani, Accel, Kalaari invest in Power2SME
Gurgaon-based Power2SME on Monday raised an undisclosed sum from Nandan Nilekani and existing investors Accel Partners, Kalaari Capital and Inventus Capital. However, the raised amount is reportedly being estimated around $20 million. Founded in 2012 by R Narayan, Power2SME directly buys raw materials from suppliers required by SMEs, eliminating the middle-men.