Where is Procol located?

Procol is headquartered in Delhi, India.

Who is the current CEO of Procol?

Gaurav Baheti of Procol. They have also founded 1 company.

Is Procol a funded company?

Procol is a funded company, having raised a total of $***** in its 1st and only funding round.

Where does Procol rank among its competitors?

Procol ranks 96th amongst 755 active competitors, of which 120 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Tipalti, which secured $200M in Sep, 2025.

Who are the top competitors of Procol?

Procol's top competitors include Coupa, Bizongo and Concur. Among them, Tipalti secured the most recent funding round in September, 2025.

Procol - 2026 Company Profile, Team & Competitors

Company Details

AI-based platform automating procurement processes. It offers a suite of tools to streamline the entire procurement process, from sourcing and vendor onboarding to payments and performance analysis. Its platform automates tasks, improves collaboration with suppliers, and provides data-driven insights to optimize spending. The software includes modules for strategic sourcing, e-auctions, vendor management, and procure-to-pay automation.

Website: procol.io
Social
Phone Number: +91 **********

Key Metrics

Founded Year

2018

Location

Delhi, India

Stage

Unfunded

Ranked

96^th among 755 active competitors

Similar Companies

Coupa & 488 more

View Procol's full profile

Procol has not raised any funding rounds yet.

The founders of Procol is Gaurav Baheti. Gaurav Baheti is the CEO of Procol.

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

Gaurav Baheti: Co-Founder & CEO of Procol and founder of 1 other company. They serve on the board of 1 company.
Contact Info: 2 email addresses

View details of Procol's Founder profiles and Board Members

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Top competitors of Procol include Coupa, Bizongo and Concur. Here is the list of Top 10 competitors of Procol, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Coupa 2006, San Mateo (United States), Acquired	Provider of cloud-based business spend management platform leveraging AI to help companies achieve visibility, control, and optimization of total spend	$169M	Meritech, Crosslink Capital & 18 others	87/100
2nd	Bizongo 2015, Mumbai (India), Series E	Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions	$307M	Schroders Capital, AddVentures & 30 others	77/100
3rd	Concur 1988, Bellevue (United States), Acquired	Provider of travel, expense, and invoice management solutions for businesses	-	IVP, Mayfield & 7 others	76/100
4th	Spendesk 2016, Paris (France), Series C	Provider of spend management platform automating expense claims and invoice processing	$304M	Index Ventures, Tiger Global Management & 22 others	74/100
5th	Tipalti 2010, Foster City (United States), Series F	Cloud-based procurement and invoice management solutions for businesses	$553M	Zeev Ventures, G Squared & 22 others	73/100
6th	Procurify 2012, Vancouver (Canada), Series C	SaaS-enabled end-to-end spend management software	$82.5M	Information Venture Partners, Ten Coves Capital ... & 22 others	68/100
7th	GEP 1999, Clark (United States), Unfunded	Cloud-based procurement-to-pay solutions	-	-	68/100
8th	Dice 2018, Pune (India), Acquired	Provider of spend management and digital commerce platform for enterprises	$6.55M	IIT Mandi Catalyst, Dallas Venture Capital ... & 13 others	67/100
9th	Zylo 2015, Indianapolis (United States), Series C	Platform offering SaaS applications management solutions	$72.5M	High Alpha, Menlo Ventures & 16 others	67/100
10th	Zycus 2001, Princeton (United States), Unfunded	Provider of AI-powered source-to-pay procurement software solutions	-	-	66/100
96th	Procol 2018, Delhi (India), Unfunded	AI-based platform automating procurement processes	-	-	40/100