Pneucons e-commerce private limited, company information
What is Pneucons ?
Pneucons is the cornerstone of an industrial commerce company. It is a B2B marketplace for the engineering industry. Their mission is to revolutionise businesses in the SMEs and MSMEs sectors. They engage in transactions and offer a hassle-free platform to sell and purchase all industrial products.
According to its website, the company facilitates direct sales and ensures no udaari, transparent dealings, and fast settlements.
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Their tagline is "Hassle Free Dhanda Kidhar hai...PNEUCONS pe"
When was Pneucons started and who are the founders of Pneucons?
Pneucons was founded in 1982 by Mahendra Lakhani. With the goal of delivering quality products and automation in industrial engineering. Over the years, Pneucons has grown and evolved significantly, with the second generation bringing new ideas and technological solutions into the fold.
Pritesh Lakhani and Darshit Lakhani, the current CEO and COO, respectively. They launched the beta version of Pneucons' multi-vendor B2B marketplace in December 2020.
Within eight months of launching Beta version, Pneucons generated transactions worth Rs. 2.35 crores and gained recognition in the market.
Founders Details
Mahendra Lakhani
He established the Pneumatics market in Ahmedabad, Gujarat for the first time. He has over 32 years of experience in trading and distribution of Industrial products. He is a B.Com graduate from L J Institute of Ahmedabad and was ex-CSO at Interglobe Aviation (Indigo)
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Pritesh Lakhani
Pritesh is the CEO of Pneucons. He pursued BE in Mechanical from D Y Patil College of Pune. He worked as a Store Manager at Pooja Enterprise and Operations Engineer at Reliance Industries Ltd.
Darshit Lakhani: COO
Darshit is the COO of Pneucons, He is a B-Com graduate from L J Institute of Ahmedabad. He worked as CSO at Interglobe Aviation in Indigo.
Key Features and services they provide:
People can search, compare and intend on their platform and they can also get benefits from Discounts.
- Fast Onboarding: New sellers can start selling products within 7 minutes across more than 10 engineering categories.
- Instant RFQs: Buyers can generate instant Requests for Quotation (RFQs).
- Wide Range of SKUs: Over 1 lakh Stock Keeping Units (SKUs) ranging from Rs 20 to Rs 2 lakhs.
- Unique Seller Benefits: Fastest settlement, flat commission, lowest subscription charges, and no commission for the first six months.
- Transparency and Ease of Use: Direct seller invoices, and advance payments. there are no hidden charges.
Pneucons addresses various challenges in the B2B sector, such as credit cycles, payment defaults, indenting, and logistics issues. The company provides end-to-end solutions, including import-export facilitation and partnerships with leading logistic partners to ensure smooth delivery across India.
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