Company Overview
About ProcMart
ProcMart is an Indian B2B industrial procurement company founded in 2015 by Adit Jain and Anish Tiwari, headquartered in Gurugram, India. It operates a technology-enabled procurement marketplace and managed services platform focused on industrial, maintenance, repair, and operations (MRO) supplies. ProcMart serves large enterprises in manufacturing, infrastructure, construction, and energy sectors, helping them consolidate their fragmented supplier base, digitize purchase order management, and reduce procurement costs through bulk sourcing, vendor rationalization, and spend analytics.
Business Model & Competitive Advantage
The company raised a $30M Series B in 2023 led by Avataar Venture Partners, with participation from Accel India and existing investors. ProcMart's model combines an e-commerce catalog of industrial products — including safety equipment, tools, hardware, electrical supplies, and consumables — with procurement consulting and managed services. Enterprise clients can access ProcMart's catalog through its web portal, mobile app, or API integrations with their ERP systems, enabling procurement teams to compare suppliers, place orders, and track deliveries in a unified interface. ProcMart handles sourcing, warehousing, last-mile logistics, and quality assurance on behalf of its clients across India.
Competitive Landscape 2025–2026
ProcMart competes in the Indian industrial B2B procurement market — alongside platforms like Moglix, Industrybuying, and OfBusiness — but differentiates through its focus on managed procurement services for complex industrial categories and its depth of integration with enterprise ERP systems. The Indian MRO procurement market, historically dominated by fragmented local distributors with manual ordering processes, represents a large digitization opportunity as large Indian manufacturers seek to standardize supply chain operations and reduce procurement overheads.
Frequently Asked Questions
Estimated Visibility Trend (Beta)
Simulated 8-week rolling score
Based on estimated brand signals. Historical tracking coming soon.
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