PE Fund Investments
B2B procurement marketplace ProcMart attracts $10-M from Sixth Sense Ventures
Noida-based B2B procurement marketplace ProcMart has raised USD 10 million (INR 81.86 crore) in its Series A round from Sixth Sense Ventures. Founded by Anish Popli, ProcMart is an enterprise-focused MRO (maintenance, repair, and overhaul) aggregator with a digital platform. The funds will be used for international expansion, for strengthening vendor partnerships and upgrading technology and warehousing capabilities. The company plans to expand in Vietnam, Australia and Dubai and plans to achieve INR 1,000 crore revenue in next three years.
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