ProcMart is a B2B marketplace based in India that focuses on reducing inventory costs, consolidating suppliers, and improving operations for its users. Founded in 2015, the company's slogan underscores its commitment to making procurement efficient and effective for buyers and sellers alike. Through an easy-to-use application, Procmart connects buyers and sellers with the aim of bringing down the turnaround time per transaction in the B2B space to 24 hours. This ambitious goal aligns with its recent Series B investment of INR250.00M at 22 March 2024, which was secured from Sixth Sense Ventures.
By facilitating seamless transactions and streamlining procurement processes, Procmart strives to revolutionize the B2B industry. Its focus on leveraging technology to drive efficiency and effectiveness positions it as a promising player in the realm of B2B marketplaces. With the backing of Sixth Sense Ventures and a clear vision for the future, Procmart is poised to make a significant impact on the B2B landscape.
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