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Procol

Procol is India's fastest-growing procurement technology company.
Enterprise Tech,  SaaS,  Software,  Marketplace  
Basic Information
Procol's solutions are live at many $100m+ enterprises helping reduce costs up to 10%, automate sourcing process, improve procurement visibility and audit compliance. Founded in 2018, Procol has conducted over 50,000+ successful sourcing events and is rated 4.9/5 ⭐️ by top enterprises on G2.
Legal Name
:
Procol Tech Pvt Ltd
Business Model
:
B2B  
Founding Date
:
2018
No. of Employees
:
21 to 40
Core Team
:
1.  
Gaurav Baheti
Founder & CEO
2.  
Sumit Mendiratta
Co-Founder & CTO
Funding

Total Funding

$5.0M

Detail Round Breakdown
Round 1

$6.44M

Series Name
:
OTHER
Date
:
13th Sep 2022
Investors
:
1.  
GMO Venture Partners
2.  
FounderBank Capital
3.  
Anchorage Capital Partners
4.  
BEENEXT

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Features

Procurement management software startup Procol raises Rs 51 Cr funding

[Funding alert] Procurement startup Procol raises $1M from Blume Ventures, Rainmatter Capital

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