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.
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
4.
Season Two Ventures
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Round 1
$3M
Series Name
:
SERIES-A
Date
:
Sep 2021
Investors
:
1.
Season Two Ventures
2.
IndiaMart
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