Discoveredge Technologies Private Limited

In their own words

EXIMNET BY DISCOVEREDGE TECHNOLOGIES PRIVATE LIMITED PRE-READ India's annual commodity imports are valued at USD 700 billion. The country has 70 million SMEs, out of which 30% actively import raw materials. These 21 million SMEs rely entirely on local brokers to handle their import needs. These brokers have limited access to supply that too in limited geographies, resulting in poor supply discovery and increased/ not efficient purchase costs. Eg- India's paper industry heavily relies on only a handful of countries for importing raw materials, with the top 5 countries accounting for over 70% of the share. Surprisingly, some medium-scale sellers from these regions have not explored the Indian market, opting to sell to other Asian countries. Meanwhile, neighbouring countries offer similar raw materials, yet only a few Indian manufacturers have ventured into these territories. There is a significant opportunity to diversify sourcing strategy and tap into untapped markets Freight costs in global trade make up 10-15% of the commodity value and are often managed by a freight forwarder or the foreign party, leading to inefficiencies in purchasing for the manufacturers. The entire process of cross border transaction is suboptimal due to opaque supply discovery and inefficient logistics, thus increasing procurement cost for Indian manufacturers by min 15%. Though there are several subscription platforms like Trade India and Export Trade for supply discovery, they don't guarantee quality and pricing. Additionally, numerous new age freight forwarders such as Cogoport and FreightHub are addressing the logistics aspects of import-export. Indian manufacturers lack an organised end-to-end solution that ensures optimal price discovery and fulfillment through an efficient supply chain. Without such a solution, they struggle to compete globally and remain at a disadvantage. Leveraging technology and creating a global network, EximNet by Discoveredge Technologies Private Limited is a full-stack solution for Indian manufacturers of any scale to facilitate cross-border transactions and get global commodities fulfilled with a local experience. Our approach Focusing on one geography at a time we can provide unparalleled service to our clients, by establishing a reliable supply network and discovering the best prices for multiple commodities. By replicating the same across multiple countries eventually EximNet by Discoveredge Technologies Private Limited aims to become a one stop solution for global supply discovery and end to end fulfillment and provide a comprehensive solution. MILESTONES FOR NEXT 6 MONTHS Our first commodity is paper which is estimated at over USD 10 Billion TAM (paper and pulp combined) of which top 7 listed companies hold 30% of the market share in India. The market size is expected to grow further because of growth of population, moving traction towards ecommerce and quick commerce retail and ban on plastic. The paper is made of several raw materials of which 70% is scrap / recycled fiber and balanced from agro waste, hardwood and bamboo fiber. 1 In USD Billion COMMODITY FY 21-22 FY 22-23 Growth YOY PAPER 2.77 3.62 31% Stats of paper import in last 2 years from a// countries We have started engaging with raw material suppliers in the US, Spain & Italy for import of paper scrap used by Paper Mills in India. (Demand already lined up with major 6-7 Paper Mills in India, procuring -300+ containers monthly ) By optimizing various levers as mentioned below purchase cost for Indian manufacturers would be reduced resulting in a sustainable profitable business model. 2

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