Pneucons was established in 2022 and focuses on important engineering categories such as power tools, plastic and packaging, industrial automation, pneumatics and hydraulics, fire safety, and electric cables and goods.
Pneucons says it has 7,000 buyers and 70 sellers, all of whom it says came by word of mouth, and it is a major player in over 42 countries.
The startup has worked with well-known businesses and governmental organizations such Indian Railways, Indian Oil, L&T Suffin, Telangana Power Plant, and ISRO to complete cross-border transactions in 12 countries as well as domestic transactions within India.
By facilitating direct export and import of industrial equipment, Pneucons’ platform helps merchants in tier II and III cities expand their market reach.