About Groww:

We are a passionate group of people focused on making financial services accessible to every Indian through a multi-product platform. Each day, we help millions of customers take charge of their financial journey. Customer obsession is in our DNA.

Every product, every design, every algorithm down to the tiniest detail is executed keeping the customers’ needs and convenience in mind. Our people are our greatest strength. Everyone at Groww is driven by ownership, customer-centricity, integrity and the passion to constantly challenge the status quo.

Are you as passionate about defying conventions and creating something extraordinary as we are? Let’s chat.

Our Vision

Every individual deserves the knowledge, tools, and confidence to make informed financial decisions. At Groww, we are making sure every Indian feels empowered to do so through a cutting-edge multi-product platform offering a variety of financial services. Our long-term vision is to become the trusted financial partner for millions of Indians.

Our Values

Our culture enables us to be what we are — India’s fastest-growing financial services company. It fosters an environment where collaboration, transparency, and open communication take center-stage and hierarchies fade away. There is space for every individual to be themselves and feel motivated to bring their best to the table, as well as craft a promising career for themselves.

The values that form our foundation are:

- Radical customer centricity
- Ownership-driven culture
- Keeping everything simple
- Long-term thinking
- Complete transparency

About the Role We seek an experienced, results-driven purchasing manager to join our team at Groww. As a purchase manager, you will be responsible for handling the procurement process, sourcing suppliers and managing vendor relationships to ensure a seamless supply chain and optimise costs. You will also collaborate with cross-functional teams,



make strategic decisions and implement best practices within our procurement function.

This is an exciting opportunity to contribute to our company's success and be part of a dynamic team in a competitive market.

Objectives of this role

- Developing and implementing procurement strategies and policies for cost optimisation and enhancing supply chain efficiency.
- Identifying, evaluating and selecting suppliers based on quality, reliability, cost-effectiveness and adherence to ethical and sustainability standards.
- Negotiating contracts and terms with suppliers to ensure favourable pricing, payment terms and mutually beneficial agreements.
- Collaborating with internal stakeholders to understand their requirements and align procurement activities with organisational goals.
- Conducting market research and analysis to stay updated on industry trends, supplier capabilities and pricing fluctuations.
- Managing supplier relationships, including ongoing performance evaluation, issue resolution and fostering long-term partnerships.
- Monitoring inventory levels, analysing demand patterns and implementing inventory management strategies to manage stock levels and avoid shortages or excesses.
- Knowledge of P2P process
- Knowledge of Oracle ERP systems

Your tasks

- Implement procurement systems and tools to streamline processes and enhance efficiency.
- Source and negotiate with potential suppliers, assess their capabilities and evaluate their suitability based on predefined criteria.
- Manage supplier relationships, including regular communication, performance evaluations and issue resolution.




- Collaborate with internal stakeholders to understand their requirements and develop procurement plans accordingly.
- Analyse inventory levels, demand forecasts and consumption patterns to optimise stock levels and reduce carrying costs.
- Continuously evaluate and improve procurement practices, including identifying cost-saving opportunities and process enhancements.
- Prepare and present reports on procurement activities, performance metrics and cost savings to higher management.
- Develop and maintain procurement metrics to track performance, identify areas for improvement and report on sourcing effectiveness.
- Implement sustainable and socially responsible strategic sourcing practices, including supporting local suppliers and promoting ethical sourcing.
- Stay updated on regulatory requirements and ensure compliance with applicable laws and regulations related to sourcing activities.

Preferred skills and qualifications

- Bachelor's degree in supply chain management, business administration,engineering or a related field.
- 8+ years of experience as a purchasing manager within the Indian market.
- In-depth knowledge of procurement principles, strategies and best practices.
- Demonstrable experience in the Indian market and familiarity with local suppliers and sourcing channels.
- Experience in implementing sustainable and socially responsible procurement practices.
- Strong skills in budgeting, cost optimisation and negotiation techniques.
- Knowledge of vendor management and inventory management systems.
- An analytical mind with excellent communication and interpersonal skills.
- Ability to work collaboratively with cross-functional teams.
- Proficiency in using procurement software and systems.
- Knowledge of local and national laws and regulations related to procurement.
- Willingness to work in a quick-paced and competitive environment.
- Knowledge of Admin , HR, IT , Marketing Spends.

📌 Procurement Specialist (Bengaluru)
🏢 Groww
📍 Bengaluru