Naman Shah

Naman Shah is the Co-Founder and CEO of NowPurchase, a technology-driven procurement platform specifically designed for the metal manufacturing industry. The company was established in 2017 alongside co-founder Aakash Shah, with an initial investment of $300,000 from Nipha Group. NowPurchase aims to enhance procurement processes by creating a digital marketplace where metal manufacturers can efficiently source high-quality raw materials, thereby addressing inefficiencies in the procurement cycle.12

Education and Early Career

Naman Shah holds a Bachelor's degree in Economics from the National University of Singapore, where he also pursued courses at the University of Pennsylvania. Before founding NowPurchase, he gained experience in various roles, including:

• Director Asia Pacific at BizEquity, where he led regional expansion efforts from 2013 to 2016.
• Business Development Manager at Freshmentors.
• Involvement with initiatives like Teach For India and the Young Indians Kolkata Chapter.123

NowPurchase and Its Impact

Under Naman's leadership, NowPurchase has attracted significant funding, raising $2.4 million in 2022 from investors like Orios Venture Partners and InfoEdge Ventures. The platform is transforming a $140 billion industry by developing solutions that streamline procurement processes and enhance productivity for manufacturers.123

Personal Attributes

Naman is recognized for his entrepreneurial spirit and commitment to leveraging technology to solve complex industrial challenges. He has been actively involved in community initiatives and continues to advocate for innovation within the procurement sector.24