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.

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 $192M 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 6th amongst 294 active competitors, of which 19 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 Solv. Among them, Udaan secured the most recent funding round in June, 2025.

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

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

6^th among 294 active competitors

Annual Revenue

₹537Cr as on Mar 31, 2025

Employee Count

556 as on Aug 31, 2025

Similar Companies

Faire & 795 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	9933901	Series B	3185706	8911199	1569323	6602782
Nov 18, 2022	4422632	Series A	5024153	5615052	6548241	7856864
May 21, 2017	8084795	Seed	4286426	3640190	Tradezeal International	4494430

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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, 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.
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 5m
Ashok Kumar Popli	Team	-	Current	8y 8m
ysqsxlu	Team	-	Past	3y 7m
fxpuclw	Team	-	Past	5y 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 Moglix, Udaan and Solv. 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	Jungle Ventures, Accel & 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 & 67 others	69/100
3rd	Solv 2019, Bengaluru (India), Acquired	Marketplace platform offering multi-category products and services for businesses	$40M	SBI Group, Standard Chartered & 2 others	58/100
4th	LOTS Wholesale 2017, Gurugram (India), Unfunded	Online retailer of various consumer goods, including food and household items	-	-	58/100
5th	DeoDap 2014, Rajkot (India), Unfunded	B2B marketplace offering multi-category products	-	-	55/100
6th	ProcMart 2015, Noida (India), Series B	Online platform offering procurement and supply chain solutions	$40.3M	Sixth Sense Ventures, Fundamentum & 8 others	55/100
7th	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
8th	WCube 2019, Gurugram (India), Seed	Provider of a B2B procurement marketplace	$857K	Mumbai Angels, x10x ventures & 80 others	52/100
9th	Beldara 2018, Mumbai (India), Series A	B2B marketplace platform offering multi-category products	$7.4M	Hindustan Media Ventures	47/100
10th	JDmart 2014, Mumbai (India), Unfunded	Online B2B marketplace offering multi-category products	-	-	46/100

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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	3654382	4091337	7439801	6532653
Anish Popli	5448653	1245424	3387331	7239645	3623289	5556419
Ashok Kumar Popli	0	0	0	0	0	0
Fund	47.21%	430Cr	2973415	9298202	4899784	8232667
Fundamentum	8588232	4444862	3423050	9921405	1502876	5616111
Sixth Sense Ventures	8450146	1858633	5646525	4670875	3860381	9000574
Enterprise	13.07%	119Cr	2876779	9716003	5702935	9993038
Angel	-	0	0	0	0	0
Dinesh Agarwal	0	0	0	0	0	0
Other People	2.82%	25.7Cr	46	53	77	26
ESOP Pool	6.57%	59.8Cr	159768	435812	136573	961965
Total	100.00%	910Cr	6536268	3019345	1726486	2092887