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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.
Legal Name
:
Adcount Technologies Private Limited
Headquarters
:
Noida, Uttar Pradesh, India
Founding Date
:
2015
No. of Employees
:
41 to 60
Core Team
:
1.  
Kushang
Co-Founder & CEO
2.  
Harshit Mittal
Co-Founder & CTO
3.  
Nitin Prakash
Co-Founder & CPO
4.  
Abhishek Verma
Co-Founder & COO

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Funding

Total Funding

$4.7M

Investors
:
1.  
DSP Family Office
2.  
CIO Angel Network
3.  
Venture Catalysts
4.  
MOX

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Detail Round Breakdown
Round 1
Round 2

$1.2M

Series Name
:
SEED
Date
:
28th Oct 2021
Investors
:
1.  
Venture Catalysts
2.  
SOSV
3.  
Riso Capital
4.  
Angelbay

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