Entrepreneurs
Pulkit Baldev Revolutionizing the Iron and Steel Industry Through Technology
In a world where technology is transforming industries, Pulkit Baldev, at the age of 28, is making significant strides in revolutionizing the iron and steel supply chain. As the co-founder of Metalbook (Mbook Technology Pvt. Ltd.), Pulkit Baldev has played a pivotal role in reshaping an industry that forms the backbone of infrastructure and construction. Metalbook is not just an online marketplace; it’s a disruptor in an industry that has been operating in traditional ways for decades. Pulkit Baldev, along with his team, recognized the need for technological intervention to streamline and modernize the iron and steel supply chain. The result was Metalbook, an online platform that connects clients in India and overseas with a network of iron and steel suppliers.
One of the key features that set Metalbook apart is its commitment to supporting its clients not only in terms of providing access to suppliers but also by offering financial and logistical support for their orders. This holistic approach ensures that clients have a seamless experience from order placement to delivery, helping them save time and resources. Pulkit Baldev and his team have achieved something remarkable in the business world—impressive customer loyalty. Metalbook boasts an incredible customer repeat rate of 95 percent. This statistic speaks volumes about the platform’s effectiveness in meeting the needs of its clients and building long-term relationships.
Metalbook’s journey has been nothing short of phenomenal. In its very first year of operations, it achieved a gross merchandise value (GMV) of Rs 100 crore. Such rapid growth is a testament to the industry’s hunger for innovation and efficiency. By the end of FY22, Metalbook had soared to a staggering Rs 800 crore in GMV, underscoring its significance in the iron and steel supply chain. While Metalbook began its operations in India, its vision extends far beyond national borders. Pulkit Baldev’s ambition is to disrupt the global iron and steel supply chain using technology as the driving force. This means that clients around the world can benefit from the efficiency and convenience that Metalbook offers.
Embracing Technology for Efficiency:
The iron and steel industry is known for its complexity and challenges, including price fluctuations, supply chain bottlenecks, and cumbersome procurement processes. Pulkit Baldev and Metalbook have successfully addressed many of these pain points by embracing technology. The platform provides real-time access to suppliers, enabling clients to make informed decisions based on the latest market conditions. As Pulkit Baldev continues to lead Metalbook into uncharted territory, the future looks incredibly promising. The platform’s exponential growth and unwavering customer loyalty are testaments to its value proposition. Moreover, the global expansion of Metalbook promises to reshape the iron and steel industry on a grand scale.
In conclusion, Pulkit Baldev’s journey as the co-founder of Metalbook is a remarkable example of how technology can disrupt even the most traditional industries. His vision, combined with a deep understanding of the iron and steel sector, has led to the creation of a platform that is changing the way business is done. With a commitment to efficiency, customer satisfaction, and global reach, Pulkit Baldev and Metalbook are at the forefront of innovation in the iron and steel supply chain.