ProcMart
ProcMart, operated by Instant Procurement Services Pvt Ltd, is a tech-enabled B2B marketplace for indirect procurement. It offers MRO, packaging, biofuel, corporate supplies, and turnkey projects and utilities, with e-procurement, vendor consolidation, inventory management and analytics tools. Its customers are manufacturing and industrial firms in FMCG, automotive, chemicals, oil & gas, metals and pharma. The company says it operates in over 30 Indian cities and is expanding into Malaysia and Indonesia. It announced a $30M Series B in 2024 from Fundamentum, Edelweiss and Paramark, joining existing investors Sixth Sense Ventures and IndiaMART. Tracxn lists about $43.3M raised in total.
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