This West Bengal-based startup is empowering SMEs businesses

By: Runway Technologies Pvt Ltd
KOLKATTA, India - July 21, 2022 - PRLog -- Founded in December 2021, Suri (West Bengal) headquartered in Runway Technologies helps construction contractors to find their best tender shortly and easily, submit tender bids and procure raw materials online. Currently, the platform operates through WhatsApp and soon launching its Android app & website.
Few companies in this sector have been growing tremendously during the lockdown during Covid-19. Offbusiness and Infra market to name a few. But these companies focus mainly on big contractors and metro city projects. Small contractors are excluded from this innovation. Suri-headquartered Runway Technologies is working to solve this problem by introducing a WhatsApp-first platform for digitization. Small contractors use WhatsApp for their personal and professional communication already. The WhatsApp-based go-to-market strategy has helped Runway to acquire contractors in a faster way and as result, already more than 2,000 contractors are onboarded within 2 months from starting operation in May 2022. Founded in December 2021 by Satyendra Nath Brahma, Jayanta Mandal, Arpan Mondal, and Tridip Pal,  the startup is aimed at helping its user base grow their businesses through project sourcing and procurement of raw materials online.
It currently provides a fully operational WhatsApp bot where contractors can self-onboard and start receiving relevant tenders published by government and private organizations. The contractors can also procure raw materials for their ongoing and new projects from already 50+ onboarded suppliers on the Runway platform.

Today, the startup claims to have acquired over 2000+ Contractors across India in their platform providing tender information of more than 8000 tenders every day on the WhatsApp platform on boarded 50+ contractors.

Runway Technologies offers a WhatsApp-based platform ( Android app coming soon)  that can be used by contractors and suppliers. After registration, they can search tender information, order & Inquiry raw materials, machinery, and manpower within a minute...
"We create the first initial version, which takes less than two minutes for a contractor to create its profile. Users can log in to WhatsApp & make their profiles.

According to Satyendra, the company generated a revenue of Rs 3.5 million (Rs 35 Lakh) in 1 year. Speaking about the business model, he explains that Runway operates on a B2B SaaS model where the client businesses purchase annual subscription packages starting from Rs 2,500 up to Rs 15,000 per year. The subscription offers access to all tenders published across India and suppliers for cost-effective procurement.

Source:Runway Technologies Pvt Ltd
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Location:Kolkatta - West Bengal - India
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