PE-VC Fund Investments
Procurement mgmt enabler ContraVault raises $3.1 M led by Chiratae Ventures
Bengaluru-based procurement intelligence platform ContraVault AI has raised USD 3.1 million in a pre-Series A funding round led by Chiratae Ventures, with participation from existing investor Titan Capital.Founded in 2024 by Sayan Sen, Isha Junej, and Tanmay Junej, ContraVault AI provides software that helps enterprises in the construction, energy, power, defence, and aerospace sectors streamline the tender bidding process. The startup assists businesses by identifying potential tender bids, assessing fulfilment viability, and automating the bid submission process to reduce manual labour.The company plans to use the new funds to expand its operations in the US, along with investments in product development and team building
In Apr 2025, ContraVault AI had attracted about $ 1 M from Titan Capital and others.
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