That B2B part is really worth admiration. I have used robu in the past to order few things that were required for a project. It’s a very well known destination in engg. college campuses which use it to source components for projects. So in that context B2B share in business is a new revelation. B2B, have the option of directly buying from chinese players like alibaba etc. but they opting for Robu, indicates they would perhaps like to have more control and assurance over their raw materials than opt for buying directly from chinese players. Margins in B2B are healthy too.
In this recent Manish Chokhani interview, he spoke about a new wave of Indian students liking to work in hardware (hw+fw+sw) than erstwhile software alone. I think robu can be a beneficiary of this trend of India’s resurgence as a manufacturing power.
Disc: Invested in last month.
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