Supplynote is a cloud based procurement management suite which automates supply chain for hotels, restaurants and cafes.

Basic Information

Supplynote is a Noida-based supply chain automation platform. Founded in 2019 by Kumar Kushang (CEO), Abhishek Verma (COO), Nitin Prakash (CPO), and Harshit Mittal (CTO), Supplynote works for both restaurants and suppliers and connects them on its two-way SaaS platform. This allows end-to-end digitisation of the procurement process and automation steps like inventory management, ordering, payment ledger management and to solve the supplier/product discovery problems. With monthly transactions worth approximately $1.3 million managed on the platform, the startup aims at reaching a $100 million transaction volume run rate in the next two years. In October 2020, it raised $600,000 in a bridge round led by the US-based multi-stage venture capital firm SOSV and Australia-based global VC firm Artesian Ventures. See more

Legal Name

:

Adcount Technologies Private Limited

Headquarters

:

Noida, Uttar Pradesh, India

Founding Date

:

2015

No. of Employees

:

41 to 60

Core Team

:
1.

Nitin Prakash

Co-Founder & CPO

2.

Abhishek Verma

Co-Founder & COO

3.

Kushang

Co-Founder & CEO

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Funding

Total Funding

$1.6M

Investors

:

1.

CIO Angel Network

2.

MOX

3.

SucSEED Ventures

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Detail Round Breakdown

Round 1

$1.2M

Series Name

:

SEED

Date

:

28th Oct 2021

Investors

:
1.

Venture Catalysts

2.

SOSV

3.

Riso Capital

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