When was ProcMart founded?

ProcMart was founded in 2015 and raised its 1st funding round within a year of its incorporation.

Where is ProcMart located?

ProcMart is headquartered in Noida, India. It is registered at KS Corporate Towers, 6th Floor, 24B, Film City, Sector-16A, Noida, Noida Sector 16, Gautam Buddha Nagar, Noida, Uttar Pradesh, India, 201301.

Who is the current CEO of ProcMart?

Anish Popli of ProcMart. They have also founded 1 company.

Which legal entities is ProcMart associated with?

ProcMart is associated with INSTANT PROCUREMENT SERVICES PRIVATE LIMITED.

How many employees does ProcMart have?

As of Aug 31, 2025, ProcMart has 556 employees, reflecting a 65% year-over-year growth in headcount.

Is ProcMart a funded company?

ProcMart is a funded company, having raised a total of $43.3M across 6 funding rounds to date. The company's 1st funding round was a $***** Angel round, raised on Dec 25, 2015.

How much is ProcMart worth?

The latest valuation of ProcMart is $***** as of Apr 12, 2024.

When was the latest funding round of ProcMart?

ProcMart's latest funding was a $***** Series B round on Apr 16, 2024, with participation from 4 investors. Its primary sector is SCM Software. In India, the SCM Software sector has seen $102M in funding in 2026 to date.

What is the annual revenue of ProcMart?

Annual revenue of ProcMart is between ₹500 Cr and ₹1,000 Cr as on Mar 31, 2025

Where does ProcMart rank among its competitors?

ProcMart ranks 16th amongst 1194 active competitors, of which 47 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Zinit, which secured $8M in Nov, 2025.

Who are the top competitors of ProcMart?

ProcMart's top competitors include Bizongo, BRADY and SmartEquip. Among them, Zinit secured the most recent funding round in November, 2025.

ProcMart - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Marketplace facilitating indirect procurement for maintenance repair and operations supplies. This platform connects businesses with suppliers to source industrial components, packaging materials, and biofuel products. It provides digital tools to manage supply chain requirements and procurement workflows across various industrial sectors.

Website: www.procmart.com/
Social
Email ID: *****@procmart.com
Phone Number: +91 **********
Registered Address: KS Corporate Towers, 6th Floor, 24B, Film City, Sector-16A, Noida, Noida Sector 16, Gautam Buddha Nagar, Noida, Uttar Pradesh, India, 201301

Key Metrics

Founded Year

2015

Location

Noida, India

Stage

Series B

Total Funding

$43.3M in 6 rounds

Latest Funding Round

Series B, Apr 16, 2024, $*****

Post Money Valuation

$***** as on Apr 12, 2024

Investors

Sixth Sense Ventures & 9 more

Ranked

16^th among 1194 active competitors

Annual Revenue

₹500 - ₹1,000 Cr as on Mar 31, 2025

Employee Count

556 as on Aug 31, 2025

Similar Companies

Bizongo & 254 more

View ProcMart's full profile

ProcMart is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
INSTANT PROCUREMENT SERVICES PRIVATE LIMITED CIN: U74120UP2015PTC074758 , India, Active	Dec 01, 2015	₹500 - ₹1,000 Cr (As on Mar 31, 2025)	445 (As on Jun 01, 2025)

ProcMart has raised a total funding of $43.3M over 6 rounds. Its first funding round was on Dec 25, 2015. Its latest funding round was a Series B round on Apr 16, 2024 for $*****. 4 investors participated in its latest round. ProcMart has 7 institutional investors and 3 angel investors.

Here is the list of recent funding rounds of ProcMart:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 16, 2024	7545374	Series B	5021309	3199312	3936891	8551384
Mar 22, 2024	9349243	Series A	1626627	6363605	6563273	Sixth Sense Ventures
Nov 18, 2022	5302733	Series A	2047450	8809222	Sixth Sense Ventures	2077327

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View details of ProcMart's funding rounds and investors

The founders of ProcMart are Joshi Saheel Uday, Anish Popli, Ashok Kumar Popli and Sachin Jain. Anish Popli is the CEO of ProcMart.

Here are the details of ProcMart's key team members:

Joshi Saheel Uday: Former Co-Founder of ProcMart. They are also an angel investor in 1 startup and serve on the board of 1 company.
Contact Info: 1 email address
Anish Popli: Co-Founder & CEO of ProcMart and founder of 2 other companies, Instaproc and EaseTheBiz. They serve on the board of 1 company.
Contact Info: 1 email address and 1 phone number
Ashok Kumar Popli: Co-Founder of ProcMart. They serve on the board of 1 company.
Sachin Jain: Co-Founder & CFO & CSO of ProcMart.
Contact Info: 1 email address and 1 phone number

ProcMart's Board of Directors

ProcMart's board has 2 active members. Anish Popli and Ashok Kumar Popli are part of team.

Here is the list of ProcMart's board of directors:

Name	Type	Representing	Status	Duration
Anish Popli	Team	-	Current	10y 10m
Ashok Kumar Popli	Team	-	Current	9y 0m
bjudcwe	Team	-	Past	2y 1m
iib{ajp	Team	-	Past	2y 9m

View details of ProcMart's Founder profiles and Board Members

ProcMart's employee count trend

ProcMart has 556 employees as of Aug 25. The total employee count is 64.0% more than what it was in Aug 24. Here is ProcMart's employee count trend over the years:

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Top competitors of ProcMart include Bizongo, BRADY and SmartEquip. Here is the list of Top 10 competitors of ProcMart, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Bizongo 2015, Mumbai (India), Series E	Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions	$307M	Schroders Capital, AddVentures & 30 others	68/100
2nd	BRADY 1914, Milwaukee (United States), Public	Provider of safety and identification products	-	Eiffel Investment Group	63/100
3rd	SmartEquip 2000, Norwalk (United States), Acquired	SaaS-based solution for manufacturers to access industrial parts	$34.8M	Breton Capital Ventures, Connecticut Innovations ... & 3 others	59/100
4th	Vashi Integrated Solutions 1978, Bhiwandi (India), Unfunded	Distributor of industrial goods and commercial products	-	-	58/100
5th	Magma 2022, Ahmedabad (India), Series A	Provider of integrated industrial marketplace for manufacturers	$13.6M	Capria, Gujarat Venture Finance & 27 others	56/100
6th	Toolsvilla 2022, Wilmington (United States), Seed	India's Industrial Marketplace	$2.92M	Techstars, Bread and Butter Ventures & 1 others	55/100
7th	Fastenal 1967, Winona (United States), Public	Distributor of industrial and construction supplies, fasteners, and inventory management solutions	-	Drona Capital	54/100
8th	Aksum Trademart 2021, Delhi (India), Seed	Provider of steel, commodity polymers, chemicals, paints, sanitary ware, and construction products	$1.03M	Inflection Point Ventures, Soonicorn Ventures ... & 36 others	53/100
9th	WCube 2019, Gurugram (India), Seed	Provider of a B2B procurement marketplace	$857K	Mumbai Angels, x10x ventures & 80 others	52/100
10th	Zinit 2023, Suwanee (United States), Seed	AI-native B2B sourcing and spend-optimization platform for enterprises	$8M	Altair Capital, Iterative	51/100
16th	ProcMart 2015, Noida (India), Series B	Marketplace facilitating indirect procurement for maintenance repair and operations supplies	$43.3M	Sixth Sense Ventures, Fundamentum & 8 others	45/100

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Founders own 30.33%, Funds (largest shareholder) own 47.21%, Enterprises own 13.07% and Angels own 0.00%. The net worth of ProcMart's founders is INR 276Cr as of Apr 12, 2024. The cap table displayed below is for INSTANT PROCUREMENT SERVICES PRIVATE LIMITED which is the legal entity associated with ProcMart.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	30.33%	276Cr	5584019	1400344	6549125	6141919
Anish Popli	5209350	4101768	1039820	2782109	2148425	2344089
Ashok Kumar Popli	0	0	0	0	0	0
Fund	47.21%	430Cr	1617214	8660463	4389496	1062443
Sixth Sense Ventures	5239764	1178589	1587488	2577985	9767454	8843011
Fundamentum	1432551	8265225	7519732	1253921	4942946	9510432
Enterprise	13.07%	119Cr	6926572	2396285	1947998	8521574
Angel	-	0	0	0	0	0
Other People	2.82%	25.7Cr	95	81	97	87
ESOP Pool	6.57%	59.8Cr	898321	936974	156488	313496
Total	100.00%	910Cr	5609713	5326829	4771114	6429692