Startup ecosystem in India holds significant number of companies contributing to the growth of economy. The concept of marketplace exists since the beginning of time where people would gather commodities for sale and trade. With advent of Covid 19 crisis there is a push in the market to adapt to digital platforms for business. However, the Indian market with comparatively lower technological access finds it difficult to produce the right online marketplace for all kinds of sellers and buyers. Oil and gas is one such sector that lacks technological and market research resources to operate online. The current pandemic has created a favorable condition for marketplace startup as it has pushed the online business platform a few years ahead.
Energy Dais is a company that thrives in the marketplace ecosystem. The company possesses the right infrastructure that is required to bring the vendors and buyersin the oil and gas industry on the same page to make new trade relationships. Energy Dais indulges into bringing together the buyers and sellers on their online platform, this primarily includes companies with a global footprint. Hence, Energy Dais not only solves the problem of lack of right infrastructure but also brings the international companies into direct contact with Indian manufacturing ecosystem.
The company CEO Gaurav Sharma says, “There is a dedicated team that we call, “The Deep Divers”; they have set up tools and process in which they are aware of every news, every opportunity and every aspect of the energy business. Our collaboration with major energy exhibitors and the leading oil & gas PSUs keeps us up to date with all information in the industry.”
Customized Customer Support
As the company CEO mentions, “Our focus is primarily on equipment. Energy dais, has on-boarded multiple vendors for different products and services, so whenever there is a requirement from the customers we are able to provide multiple quotations from qualified vendors.” Besides, the company has also grabbed itself a distinguished position by focusing on B2B marketplace, which has bolstered the company’s stand in the challenge. Energy Dais has also taken the advantage of few recent policies of the Indian government like ‘Make in India’, Atmanirbhar Bharat, etc. With the boost received by these policies, the company has emerged as the bridge between trade relationship development between Indian manufacturers and international vendors in the oil and gas sector.
The online platform created by Energy Dais is big enough to incorporate multiple players making it effective for each vendor to find the desired service
The company helps their customers understand the stringent compliances and regulations in cross-country trade. The company has the domain expertise to engage into deeper research which gives them an edge over other B2B platforms that provide generic industry products. Hence, understanding the specialized service requirement and providing cutomized solutions that is unique for each customer. The online platform created by Energy Dais is big enough to incorporate multiple players making it effective for each vendor to find the desired service.
Social Contribution and Future Roadmap
Energy Dais has partnered with top certified institutes and Universities with an approach to customize their courses to make them competent for this digital industry platform that operates with global audience. Besides, the company works with SMEs in the oil and gas sector with a community-driven approach. For future growth Energy Dais is looking for geographic expansion in North America and Middle East. They are also planning expansion of business through leasing of equipment that will enable the company to develop new relationship with leasing partners.
