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ProcMart logo — Pioneering Procurement, Powering Progress

ProcMart

Pioneering Procurement, Powering Progress

Founded 2015 India Noida, India 496 employees Series B Total: $1.07B B2B, Internet +1

General Information

Company Name ProcMart
Founded Year 2015
Location India Noida, India
Employees 496
Industries B2B, Internet, Marketplaces
Funding Stage Series B
Business Model B2B, Marketplace, E Commerce
Revenue Model Marketplace Fee, Product Sales, Service Fee
Social

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About ProcMart

ProcMart, founded in 2015, is a dynamic player in the B2B and internet marketplaces sector, uniquely positioning itself within the burgeoning Indian market through its e-B2B MRO solutions. With the slogan "Pioneering Procurement, Powering Progress," the company seeks to revolutionize procurement dynamics by employing cutting-edge technology and industry expertise.

ProcMart’s expansive solutions portfolio spans the entire procurement spectrum, from solution discovery to vendor consolidation, and analytics, facilitating seamless transactions across more than 25 industries. An impressive network of over 4,000 active suppliers and a product catalog exceeding 300,000 SKUs underscore its robust market presence.

The strategic leadership of Mr. Anish Popli has steered ProcMart to new heights, earning accolades like the Tech Fast50 by Deloitte and the Best Procurement Technology Award. The recent INR250.00M Series B investment from prestigious investors such as Fundamentum Partnership and Sixth Sense Ventures further fortifies its growth trajectory.

Taxonomy: e-B2B MRO procurement, procurement technology, vendor consolidation, inventory optimization, full-stack procurement platform, industry-specific solutions, procurement analytics, cost optimization, disruptive supply chain solutions, interactive B2B marketplace, quick turnaround procurement

Services & Products

MRO Procurement
Custom Packaging Solutions
Biofuel Supply
Supply Chain Optimization
Project and Utilities Procurement

Target Customers

Manufacturers Oil & Gas Industry Metals & Mining Industry FMCD Brands Pharmaceutical Companies FMCG Brands Automotive Manufacturers Chemical Industry

Funding Rounds & Investors (5)

View All
Funding Stage Amount Investors Lead Investors Date
Series B INR250.00M 5
Fundamentum Partnership Sixth Sense Ventures Paramark Ventures
Fundamentum Partnership, Sixth Sense Ventures +3
22 Mar 2024
Series A INR816.00M 1
Sixth Sense Ventures
Sixth Sense Ventures
21 Nov 2022
Series A Undisclosed -
08 Apr 2017
Seed Round Undisclosed 1
IndiaMART
20 Jun 2016
Angel Round Undisclosed 1
IndiaMART
07 Jan 2016

ProcMart Alternatives & Competitors

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FAQ About ProcMart

Pioneering Procurement, Powering Progress
ProcMart was founded in 2015.
ProcMart is headquartered in Noida, India.
ProcMart operates in B2B, Internet and Marketplaces. Its work centres on e-B2B MRO procurement, procurement technology, vendor consolidation and inventory optimization. Its customers include Manufacturers, Oil & Gas Industry and Metals & Mining Industry.
ProcMart has a B2B, Marketplace and E Commerce business model. Its revenue comes from Marketplace Fee, Product Sales and Service Fee.
ProcMart has approximately 496 employees.
ProcMart has completed 5 funding rounds, raising a total of $1.07B. The latest funding stage is Series B.
ProcMart offers: MRO Procurement, Custom Packaging Solutions, Biofuel Supply, Supply Chain Optimization, Project and Utilities Procurement.
Top alternatives and competitors to ProcMart include ShakeDeal, ToggleMarket, Felux, need2buy, Synthium Health. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
ProcMart and ShakeDeal are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for ProcMart, https://bouncewatch.com/company/procmart, updated 2 January 2026. When citing, please name BounceWatch and link this page.

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