Features
Real Entrepreneurship Drag is to Own One’s Own Destiny: Emergence of Bulk MRO Industrial Supply Pvt Ltd By: Jayati Mukherjee
When we talk about today’s front-runners of Indian Entrepreneurship league, the two very prominent young leads are being surfaced out. They are – Gaurang Shah and Devang Shah, owner of Bulk MRO Industrial Supply Pvt Ltd, a B2B space based startup and a one-stop-shop for all Industrial products. This Cofounder-and-Director-duo stands out for their openness to new ideas, risk taking aptitude, and outlook towards people’s capability development. They are always right to be in readiness. Being the visionaries, their practices resemble with large corporates. In appreciation of this young-duo’s talent, BulkMRO bagged ChemTECH Excellence Award 2019 in the category of ‘Outstanding Achievement by Start-up’. The article narrates their entrepreneurial journey, which has a notable stretch in Oil & Gas sector along with other verticals.
Outstanding Achievement by Star t up: Devang Shah and Gaurang Shah, Directors, Bulk MRO Industrial Supply Pvt Ltd
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ulkMRO Industrial Supply operates at a B2B space as a one-stop-shop for all industrial products. Leading Silicon Valley investors viz Y-Combinator, Bain Capital and FJ Labs have funded this start- up, which has been reflecting its exemplary 500 percent per annum growth potential. With this, the start-up is poised to be the Alibaba for Indian market based enterprises. Early Days Both the brothers were born and brought up in Mumbai. Their bon voyage started after successful completion of their school days at the age of around 15-16 years, when they head out for their education at USA. They completed their graduation with dual degrees –Finance from the Wharton Business
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School, and Electrical Engineering from the Moore School of Engineering at University of Pennsylvania. This revered education equipped both the brothers with a very good global exposure. Subsequently, Devang pursued a career on Wall Street Trading Credit Derivatives at Deutsche Bank and Citigroup; and Gaurang worked as a consultant at McKinsey & Co’s New York office. He also rendered his expertise at Bain Capital. The brotherduo returned India in 2007. Those were the days when retail and telecom boom had set in, mobile revolution started happening, and transition from blackberry to android was about to phase in. In short, India was on the track of progression compared to what it was ten years ago. And Shah Brothers did not make any delay to grab the opportunity.
Offshore World | 14 | December 2019-January 2020
