Other Deals
Global B2B procurement platform Zinit raises $8-M from AltaIR Capital, DVC
Noida- and Dubai-based AI-native sourcing platform Zinit has raised USD 8 million in a seed funding round at a valuation of USD 48 million. The round was led by AltaIR Capital, with participation from DVC.Founded in 2023 by Andrey Chernogorov and Anton Buzdalin, Zinit provides an AI-powered B2B (business-to-business) procurement platform to help businesses manage the request for proposal (RFP) process, compare bids, and handle suppliers. Zinit aims to help companies streamline operations, achieve significant savings, and manage tail spend through its "procurement-as-a-service" model. The platform currently operates across 5 countries and claims to serve over 100 enterprises.The new funds will be used for product development, international growth, and global expansion, with a focus on the Indian market.
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