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ProcureTiger - About the company

ProcureTiger is a seed company based in Ahmedabad (India), founded in 2006. It operates as a Provides e-procurement management tools. ProcureTiger has raised $1.18M in funding from investors like Amar Commercial, Neelkamal Tradelink and Red Hot Mercantile, with a current valuation of *****. The company has 128872 active competitors, including 1081 funded and 7469 that have exited. Its top competitors include companies like Coupa, IBM and Hewlett Packard Enterprise.

Company Details

Provides e-procurement management tools. Products include a software solution for portfolio-based procurement processes, a purchase governance tool for e-RFX and auctions, including tendering and reverse auctions, as well as contract and catalogue management, a purchase requisition tool for submitting electronic purchase requests, supplier management, and a purchase order management solution, and more. It holds online reverse auctions in real time between a single buyer or organization and pre-qualified providers. The solutions can also be integrated with other third-party systems.
Social
Facebook
Email ID
*****@procuretiger.com
Phone Number
+91 **********
Part Of
Registered Address
B-705, WALL STREET II, OPP. ORIENT CLUB, NR. GUJARAT COLLEGE, ELLISBRIDGE, Ahmedabad, AHMEDABAD, Gujarat, India, 380006
Key Metrics
Founded Year
2006
Location
Ahmedabad, India
Stage
Seed
Total Funding
$1.18M in 1 round
Latest Funding Round
Post Money Valuation
***** as on Jan 30, 2010
Ranked
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
13 as on Jun 30, 2026
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ProcureTiger's funding and investors

ProcureTiger has raised a total funding of $1.18M over 1 round. Its latest funding round was a Seed round on Jan 30, 2010 for $*****. 3 investors participated in its latest round. ProcureTiger has 4 institutional investors and 14 angel investors.

Here is the list of recent funding rounds of ProcureTiger:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jan 30, 2010
7083615
Seed
2540046
6125639
2746432
7897889
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ProcureTiger's founders and board of directors

Founder? Claim Profile

ProcureTiger's Board of Directors

ProcureTiger's board has 2 active members. Rakesh Prasad Sinha and Sangeeta Ramesh Sinha are independent board members.
Here is the list of ProcureTiger's board of directors:
Name
Type
Representing
Status
Duration
Independent board member
-
Current
13y 2m
yezgbri
Independent board member
-
Current
3y 7m

ProcureTiger's employee count trend

ProcureTiger has 13 employees as of Jun 26. Here is ProcureTiger's employee count trend over the years:
Employee count trend for ProcureTiger
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ProcureTiger's Competitors and alternates

Top competitors of ProcureTiger include Coupa, IBM and Hewlett Packard Enterprise. Here is the list of Top 10 competitors of ProcureTiger, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Coupa
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
87/100
2nd
Logo for IBM
IBM
1911, Armonk (United States), Public
Provider of hybrid cloud, artificial intelligence, and IT consulting services
-
81/100
3rd
Provider of edge-to-cloud solutions, products, and services for enterprise organizations
-
78/100
4th
Logo for Mindtree
Mindtree
1999, Bengaluru (India), Acquired
Consulting and implementations company
$23.9M
78/100
5th
Logo for Bizongo
Bizongo
2015, Mumbai (India), Series E
Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions
$307M
77/100
6th
Logo for UST
UST
1999, Aliso Viejo (United States), Late Stage
Provider of data analytics, cloud modernization, management strategy, and digital transformation services
$250M
76/100
7th
Logo for Concur
Concur
1988, Bellevue (United States), Acquired
Provider of travel, expense, and invoice management solutions for businesses
-
75/100
8th
Logo for Infosys
Infosys
1981, Bengaluru (India), Public
Provider of consulting, data analytics, and IT services
-
75/100
9th
Logo for Accenture
Accenture
1989, Dublin (Ireland), Public
Provider of IT consulting, technology, and outsourcing services
-
74/100
10th
Logo for EPAM
EPAM
1993, Newtown (United States), Public
Provider of software development, data analytics, and other IT suite services
$50M
74/100
2073rd
Logo for ProcureTiger
ProcureTiger
2006, Ahmedabad (India), Seed
Provides e-procurement management tools
$1.18M
38/100
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ProcureTiger's Latest cap tables and shareholding

Founders own 39.91%, Enterprises (largest shareholder) own 54.54% and Other People own 5.55%. The net worth of ProcureTiger's founders is INR 3.99Cr as of Jan 30, 2010.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
39.91%
3.99Cr
2713950
9149340
1794559
1672549
Enterprise
54.54%
5.46Cr
8566907
9522672
8306030
1981874
Other People
5.55%
55.5L
34990
96897
28870
59843
Total
100.00%
10Cr
6889185
4329477
8995253
3516986
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of ProcureTiger's Shareholding

ProcureTiger's Investments and acquisitions

ProcureTiger has made no investments or acquisitions yet.

Reports related to ProcureTiger

Here is the latest report on ProcureTiger's sector:

News related to ProcureTiger

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FAQs about ProcureTiger

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