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 and Anish Popli s of ProcMart. Anish Popli has 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 $40.3M across 5 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 B2B E-Commerce. In India, the B2B E-Commerce sector has seen $117M in funding in 2026 to date.

What is the annual revenue of ProcMart?

Annual revenue of ProcMart is ₹537Cr as on Mar 31, 2025.

Where does ProcMart rank among its competitors?

ProcMart ranks 4th amongst 291 active competitors, of which 20 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Udaan, which secured $39M in Jun, 2025.

Who are the top competitors of ProcMart?

ProcMart's top competitors include Moglix, Udaan and LOTS Wholesale. Among them, Udaan secured the most recent funding round in June, 2025.

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

ProcMart is a series B company based in Noida (India), founded in 2015 by Pratik Potnis, Joshi Saheel Uday, Anish Popli, Ashok Kumar Popli, Anish Popli and Sachin Jain. It operates as an Online platform offering procurement and supply chain solutions. ProcMart has raised $40.3M in funding from investors like Sixth Sense Ventures, IndiaMART and Tradezeal International, with a current valuation of ₹*****. The company has 291 active competitors, including 20 funded and 5 that have exited. Its top competitors include companies like Moglix, Udaan and LOTS Wholesale.

Company Details

Online platform offering procurement and supply chain solutions. The product catalog includes beauty supplies, industrial goods, automotive products, construction goods, clothing, and more.

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

$40.3M in 5 rounds

Latest Funding Round

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

Post Money Valuation

₹***** as on Apr 12, 2024

Investors

Sixth Sense Ventures & 9 more

Ranked

4^th among 291 active competitors

Annual Revenue

₹537Cr as on Mar 31, 2025

Employee Count

556 as on Aug 31, 2025

Similar Companies

Faire & 777 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	Documents
INSTANT PROCUREMENT SERVICES PRIVATE LIMITED CIN: U74120UP2015PTC074758 , India, Active	Dec 01, 2015	$63.5M (As on Mar 31, 2025)	445 (As on Jun 01, 2025)

ProcMart has raised a total funding of $40.3M over 5 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	3372670	Series B	4174709	1648301	2108967	6582787
Nov 18, 2022	7333923	Series A	8620668	4674502	3183125	8167119
May 21, 2017	6287421	Seed	7680725	9484008	Tradezeal International	3637833

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View details of ProcMart's funding rounds and investors

The founders of ProcMart are Pratik Potnis, Joshi Saheel Uday, Anish Popli, Ashok Kumar Popli, Anish Popli and Sachin Jain. Anish Popli and Anish Popli are the CEOs of ProcMart.

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

Pratik Potnis: Co-founder & CTO of ProcMart and founder of 1 other company. They are also an angel investor in 1 startup and serve on the boards of 2 companies.
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, EaseTheBiz and Instaproc. 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.
Anish Popli: Co-Founder & CEO 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 3m
Ashok Kumar Popli	Team	-	Current	8y 6m
cyhkoiz	Team	-	Past	4y 1m
tskeymd	Team	-	Past	1y 4m

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 Moglix, Udaan and LOTS Wholesale. 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	Moglix 2015, Singapore (Singapore), Series F	Online retailer of industrial tools, electrical, safety, medical, and office supplies	$471M	IFC, Jungle Ventures & 30 others	77/100
2nd	Udaan 2016, Bengaluru (India), Series G	B2B e-commerce platform for wholesale trade and distribution	$1.99B	M&G, Lightspeed India & 67 others	69/100
3rd	LOTS Wholesale 2017, Gurugram (India), Unfunded	B2B marketplace offering diversified products	-	-	58/100
4th	ProcMart 2015, Noida (India), Series B	Online platform offering procurement and supply chain solutions	$40.3M	Sixth Sense Ventures, Fundamentum & 8 others	55/100
5th	Solv 2019, Bengaluru (India), Acquired	Marketplace platform offering multi-category products and services for businesses	$40M	SBI Group, Standard Chartered & 2 others	55/100
6th	DeoDap 2014, Rajkot (India), Unfunded	B2B marketplace offering multi-category products	-	-	55/100
7th	L&T-SuFin 2020, Mumbai (India), Unfunded	Online platform for buying and selling industrial products and services	-	-	54/100
8th	Just Buy Live 2015, Mumbai (India), Series B	E-distribution platform connecting brands with retailers	$126M	V Ocean Investments, The Estate Investment ... & 84 others	54/100
9th	WCube 2019, Gurugram (India), Seed	Provider of a B2B procurement marketplace	$857K	Mumbai Angels, x10x ventures & 79 others	52/100
10th	IndustryBuying 2013, Delhi (India), Series C	B2B marketplace platform offering multi-category products	$26.4M	Kalaari Capital, Elevation Capital & 17 others	50/100

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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.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	30.33%	276Cr	8359319	8680026	1247319	7873788
Anish Popli	1220337	5855663	4830678	1307673	9143013	4739351
Ashok Kumar Popli	0	0	0	0	0	0
Fund	47.21%	430Cr	9774607	7262908	1762683	1315477
Fundamentum	7578304	6878876	4783851	1705581	6410942	3000020
Sixth Sense Ventures	1975043	3953918	8047324	2502595	1165161	6372659
Enterprise	13.07%	119Cr	2027522	8987150	7147845	1841924
Angel	-	0	0	0	0	0
Dinesh Agarwal	0	0	0	0	0	0
Other People	2.82%	25.7Cr	39	86	65	76
ESOP Pool	6.57%	59.8Cr	412967	446916	217522	137694
Total	100.00%	910Cr	7287958	6194166	2485793	8430775