Infosys co-founder Nandan Nilekani has made an undisclosed strategic investment in Power2SME, an online portal that sources raw materials for the small & medium enterprises, along with other existing investors — Accel Partners, Kalaari Capital and Inventus Capital.
Power2SME, a three year old venture founded by former Microsoft executive R Narayan uses technology to provide raw materials at competitive pricing as well as financial assistance.