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Procurement Management Platform Procol Raises Rs 51 Crore In Funding

Sep 13, 2022•about 3 years ago

Amount Raised

₹510 Million

GurugramSupply Chain ManagementManufacturing

Description

Procurement management software Procol has raised Rs 51 crore in funding from GMO Venture Partners, Alarko Ventures, Esas Ventures, FounderBank Capital, and Anchorage Capital.

Company Information

Company

Procol

Location

Gurugram, Haryana, India

About

Procol is an intelligent and the most user-friendly procurement software ever made. Founded in 2018, Procol's solutions have been securely deployed at many $1B+ global companies helping procurement teams reduce costs, digitize procurements, improve compliance by replacing emails and excel workflows with the world's most easy-to-use and secure e-sourcing platform. Procol is rated 4.9/5 ⭐️ by leading enterprises on G2 and has been featured by Forbes. We're a team of ex-Google New York, Zomato, OYO engineers and product folks who've worked at high-impact, growth companies and believe that we're on the journey of building one.

Company News

(2 articles)

Tue, 22 Feb 2022 08:00:00 GMT

Gary Brooker, lead singer of English band Procol Harum, dies, aged 76 - The Guardian

Fri, 17 Jun 2022 07:00:00 GMT

Y Combinator and Surge-backed Procol raises $5.5 Mn in a new round - Entrackr

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Medium Activity

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83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech