# Devang Shah

> Devang Shah is the Mumbai-based co-founder and CEO of Bulk MRO Industrial Supply. A former credit derivatives trader at Deutsche Bank and Citigroup, he founded the industrial procurement business with his identical twin, Gaurang Shah, in 2015. The company joined Y Combinator’s Winter 2017 batch and provides procurement, fulfillment and financing services across international markets.

- **Role:** Co-founder and CEO at Bulk MRO Industrial Supply
- **Organizations:** Bulk MRO Industrial Supply, Gruppe Littlesilver, Digital Signage Networks, Deutsche Bank, Citigroup, Pioneer Fund
- **Education:** Undergraduate degree; company biography describes dual degrees in business and engineering, University of Pennsylvania - The Wharton School, Engineering degree; exact qualification not independently confirmed, University of Pennsylvania - School of Engineering, Asheville School
- **Known for:** Co-founded Bulk MRO, a Y Combinator Winter 2017 company., Bulk MRO was selected for YourStory’s 2019 Tech30., Co-built an industrial supply business serving customers across international markets.

## Career timeline

- **2000–2004** — Attended the University of Pennsylvania; LinkedIn lists Wharton during these years.
- **Before 2007** — Worked as a credit derivatives trader at Deutsche Bank and Citigroup on Wall Street.
- **2007** — Began working with Gaurang in technology and distribution businesses, according to their company biography.
- **2015** — Co-founded Bulk MRO with Gaurang Shah.
- **2017** — Bulk MRO participated in Y Combinator’s Winter batch.
- **2019** — Bulk MRO was selected for YourStory Tech30.
- **2020** — Bulk MRO announced up to Rs 25 crore in debt financing led by Stride Ventures.
- **2026** — Signed an MoU as Bulk MRO CEO with Natsproektstroy to explore railway signaling manufacturing localization in India.

## Achievements

- Co-founded Bulk MRO, a Y Combinator Winter 2017 company.
- Bulk MRO was selected for YourStory’s 2019 Tech30.
- Co-built an industrial supply business serving customers across international markets.

## Latest updates

- **2026-09** — A September 10 Natsproektstroy announcement identifies Devang Shah as Bulk MRO CEO and records an MoU on exploring railway signaling manufacturing localization in India.

## Links

- Website: https://bulkmro.com/
- LinkedIn: https://www.linkedin.com/in/devangvshah/

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Profile page: https://yespress.io/devang-shah
Published by YesPress — https://yespress.io
Last updated: 2026-10-27