ProcMart

Noida, India: ProcMart, India's premier online B2B marketplace specialising in supply chain solutions, has raised $30 Million (INR 250 crore) in Series B Funding led by Nandan Nilekani and Sanjeev Aggarwal’s VC fund, Fundamentum Partnership, and the Edelweiss Discovery Fund. The round also saw participation from South Korea-based Paramark Ventures...

One of India’s largest online Business to Business marketplaces, ProcMart witnessed a 2x jump in revenue with Rs. 40 Crores in FY21, followed by a 2.5x jump in the first two-quarters of FY22. The Start-up is all set to achieve Rs. 100 Crores mark in FY22. ProcMart has been profitable for the past 3 years with profits increasing by 3X YoY. It is one...