Angel Investments
B2B procurement platform for packaging materials Prowrapp raises Rs.4-Cr
Delhi-based procurement platform Prowrrap has raised INR 4 crore in a seed round led by angel investor Amit Govil and Calance Software. The company also plans to raise its Series A round in the next 18-24 months.The fresh funding will be used by the company to strengthen technology capabilities for smarter procurement solutions, scale up distribution networks across the country and increase focus on quick commerce and small businesses.Founded in 2023 by Sagar Saxena and Rishabh Saxena, ProwWrap is a B2B (business-to-business) procurement platform for packaging materials, capex, warehouse assets, and turnkey projects. The company currently operates across 19 cities.
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