Details

Last Funding Type

Series A

Last Funding Money Raised

₹510M

Industries

Computer,Enterprise Software,Information Technology,Procurement,SaaS,Software

Founded date

Jan 1, 2018

Number Of Employee

11 - 50

Operating Status

Active

Procol is a procurement platform for large enterprises to help monitor and reduce spend. It's the year 2020, and the world's largest spend taken place offline.

We’re living in a world where we have Amazons. In contrast with the world of business purchases where 60% of the time is spent on cold calling, emailing, following-up, and even worse, a large number of transactional frauds happen on payments and deliveries. Resulting in ruined trust and suffered business relationships.

In a market of trillion $ of business spend, Procol is building an all-in-one digital procurement platform — a single place for live auctions, collaboration, and intelligent insights.

Backed by investors like Blume Ventures, Sequoia Surge, Beenext, and Rainmatter.