ProcureYard funding, investors and company details
ProcureYard is an emerging E-Commerce startup from New Delhi, working in the space of AI-powered B2B procurement platform focused on raw materials for construction, manufacturing, and infrastructure industries. Founded by Anshu Kandhari, Somdutt Parashar, Tushar Agarwal, Pankaj Bisht.
- Company: Procureyard Technology Private Limited
- Sector: E-Commerce
- Location: New Delhi
- Founders: Anshu Kandhari, Somdutt Parashar, Tushar Agarwal, Pankaj Bisht
- Total funding raised: ₹14.89 Cr
Company overview
ProcureYard is an AI-powered B2B procurement platform focused on raw materials for construction, manufacturing, and infrastructure industries. It aims to modernize traditional procurement processes by leveraging artificial intelligence and digital supply chain solutions. The platform provides a transparent and reliable marketplace where businesses can source raw materials at competitive prices, reducing costs and simplifying procurement operations. ProcureYard emphasizes affordability, speed, and scalability, positioning itself as India’s go-to solution for solving sourcing challenges in the construction ecosystem it is building one of India’s largest networks for raw material procurement. Its offerings include digital ordering, storage solutions, and procurement analytics, enabling businesses to streamline supply chains and improve efficiency. ProcureYard’s vision is to create a fully digital, efficient, and transparent procurement ecosystem, fostering sustainable growth for both large enterprises and SMEs
Funding rounds
- Latest round (Seed): $ 1.72 Mn (₹14.89 Cr.), 2025-01-20. Investors: Powerhouse Ventures, Java Capital, 2AM.VC, Abhishek Goyal (Tracxn), Rajesh Sawhney (GSF)