How Vaxia is About to Change the MRO Industry!
According to Ernst and Young study – “Driven by its domestic demand and outsourcing potential, the country is expected to emerge as the fastest growing MRO market over the next ten years. India's MRO spending is estimated to reach USD1.2 billion in FY17, exhibiting a CAGR of 11.8% during CY07-17”. For such a promising future and growth, Namrata Bothra from Kolkata decided to help the industry with automating the offline model on to the digital world. That’s how VAXIA was born!
Vaxia is a B2B e-commerce platform that facilitates the delivery of Maintenance, Repair, and Operations (MRO) supplies. The products range from nuts, bolts, and flanges to pumps, motors, hand tools, janitorial supplies and more. It is an online MRO aggregator that has certified suppliers/vendors who offer quality and cost-effective products, providing a smooth [quick and hassle-free] procurement process to its customers.
The young female entrepreneur Namrata Bothra who seeded VAXIA, has an interesting story to share about its inception. “After completing my under-graduation I decided to help my father in his business. As a contributor to daily activities, I noticed we were providing Air Filters to the leading Auto and Pharma companies.” A question bubbled in her mind – How are the other categories supplied? Does an Online market exist for MRO supplies? Namrata says – “living in a digital world where most of the things are accessible at a one-click solution, I was surprised during my market research that the Indian MRO market was indeed HUGE but expecting a one click solution was next to impossible.” That’s when Namrata decided to contribute to this sector with its unique proposition of leveraging strengths in Procurement, Supply Chain Logistics, Technology and the effective Client Engagement methodologies.
If you just thought Vaxia to be an online platform where buyers meet sellers, hold on! The major hurdle for a buyer in MRO market is to find genuine and authentic products, as thousands of sellers are quoting the highest price with no guarantee of delivering a genuine product. Vaxia fills that gap; they make sure that the seller’s registered with the portal sell genuine and quality products and all of that at your fingertips.
Vaxia aims to become the largest and one stop shop for MRO solutions to businesses, institutions, labs, offices and individual customers in India. With their favorable ecosystem to connect buyers and sellers and offering last mile deliveries with a smile, they are sure to reach the sky!
