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Source.One: Streamlining Raw Material Supply For India’s Industries


Introduction to Source.One


In 2018, entrepreneurs Arun Singhal and Shrinath Balakrishnan saw a major gap in India's industrial supply chain. While industries were scaling rapidly, raw material procurement remained outdated, unorganized, and opaque. The duo founded Source.One with a clear vision: to use technology to make the sourcing of raw materials, especially in sectors like polymers, chemicals, and industrial goods; simpler, smarter, and more efficient.


Source.One Founders

The Problem With Traditional Procurement 


Before Source.One, businesses, especially MSMEs, relied heavily on phone calls, local dealers, and middlemen to procure essential raw materials. This system led to unpredictable pricing, delays in delivery, and no real-time visibility. Smaller manufacturers often paid higher prices or faced shortages, making it difficult to compete with larger players.


A Tech Driven Solution 


Source.One created a B2B digital platform that directly connects buyers with verified raw material suppliers. Through this platform, businesses can compare prices, place orders, track deliveries, and access financing; all in one place. The platform’s intuitive interface and transparency have made it easier than ever for businesses to make confident procurement decisions.


Data At The Core 


What makes Source.One stand out is its use of real-time data and analytics. The platform doesn’t just facilitate transactions, it helps businesses make better ones. It provides insights into market trends, demand forecasts, and optimal procurement strategies, allowing buyers to avoid overstocking, manage working capital, and streamline operations.


Wide Reaching Impact 


Since its launch, Source.One has grown rapidly, enabling hundreds of manufacturers across India to simplify their raw material sourcing. It has had a particularly strong impact on small and medium enterprises, which now enjoy access to pricing and logistics benefits that were once exclusive to large corporations. The result is a more level playing field in the industrial sector.


Conclusion 


In an era where speed, cost-efficiency, and reliability define business success, Source.One has emerged as a powerful enabler for India’s manufacturing economy. By bringing clarity to chaos and digital structure to an unorganized market, the company is not only helping businesses grow but also transforming how industries think about supply chains. As Indian manufacturing aims for global scale, Source.One is laying the groundwork for a smarter, more connected future.


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