Bazaar Introduces Bazaar Industrial, a Platform for Sourcing Raw Materials for Companies in Pakistan

Business Tech and Telecom

Bazaar, a leading B2B commerce, fintech, and supply chain platform in Pakistan, is introducing its newest venture, Bazaar Industrial. This platform is designed to provide a simplified raw material sourcing solution for manufacturers across Pakistan. Bazaar has already made a big impact in the market since its inception in 2020, with over $100 million in venture financing and a footprint in more than 50 cities.

Bazaar Industrial aims to solve the challenges faced by suppliers and buyers in procuring raw materials across 15 categories, including chemicals, construction, steel, textile, polymers, and paint. Through a tech-enabled platform, suppliers are provided with market intelligence, access to customers nationwide, and a dedicated sales force. Bazaar Industrial is trusted by leading suppliers such as Matco, International Steels, Sabic, and Nippon Paints.

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On the buyer side, Bazaar Industrial offers the best quotes on flexible payment terms, a comprehensive portfolio of raw materials, and real-time insights through marketplace data. They have already received interest from leading buyers such as Loads, Diamond Paints, Steelex, Novatex, and Sapphire.

By addressing the challenges in Pakistan’s $20 billion raw material market, Bazaar Industrial aims to improve the trade economics of SMEs and simplify processes through digitization. The vertical is led by Managing Director Ali Ilyas, who brings over 15 years of experience in chemical marketing and distribution. Hamza Jawaid, the co-founder of Bazaar, is excited to bring the impact and learnings from the retail business to solve similar challenges in the industrial segment, which is a major contributor to Pakistan’s economy.

For more information on Bazaar Industrial, visit https://www.bazaartech.com/industrial.

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