Aerchain is taking Advance Source-to-Pay cycle to a new level with Artificial Intelligence.

Basic Information

Bengaluru, Karnataka based Aerchain is an AI-powered SaaS platform transforming the Source-to-Pay operations for enterprises across industries by seamlessly connecting relevant stakeholders, improving visibility, and increasing efficiency while driving much-required hard cash savings. Theirs is the platform powering procurement which seamlessly connects relevant stakeholders, brings visibility, improves efficiency and spreads intelligence across. The Aerchain platform digitizes the entire procurement process providing comprehensive visibility, data and insights to silo based systems across Purchase Requisitions, RFQs & Quotes, Order Management, Gate Entry & Store Inward and Returns & Payments. With their Aerchain Pay, they are simplifying financing and accounting for businesses. Their Salient Features: Reduce costs thanks to t+1 settlement cycles; Market defined interest rates, significantly lower than supplier interest rate; Improved room for negotiation; Completely digitised & automated, helps improve cash flow management; Reduce costs via cluster aggregated milk runs; Schedule deliveries as convenient for any time of day; Barcoding enabled system to ease reconciliation & provide end-to-end, real-time visibility; Leverage highly curated network of 10,000+ suppliers; Database backed by real-time intelligence basis supplier actions on Aerchain platform; Ease of access helps improve competition; Potential to work with highly acclaimed suppliers, serving some of the best firms in the region. See more

Headquarters

:

Bengaluru, Karnataka, India

Founding Date

:

2016

No. of Employees

:

41 to 60

Core Team

:
1.

Harsha Kadimisetty

Co-founder & CEO

2.

Himavanth Jasti

Co-Founder

Funding

Investors

:

1.

JioGenNext

2.

IndiaMart

3.

Supply Chain Labs

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Detail Round Breakdown

Round 1

$3M

Series Name

:

SERIES-A

Date

:

Sep 2021

Investors

:
1.

Season Two Ventures

2.

IndiaMart