About Procurant
Procurant is a Retail company based in Los Gatos (United States) founded in 2018, and was acquired by GrubMarket in November 2025. AI platform for procurement, food safety, and traceability in perishable goods. It operates on a SaaS and B2B model in Retail and Consumer sectors. The company has 34 employees. Its Indian entity Procurant It India Private Limited reported revenue of ₹7.24 Cr. Procurant offers products and services including Procurement Platform, Food Safety Inspections, and Traceability System. Its focus areas include Food and Agriculture Tech, Perishables Management, Grocery Retail and Procurement. Its competitors include FoodLogiQ and Aanika; 2 of its 2 listed competitors have raised funding.
Company details
Procurant is an AI-integrated software solution that helps retail grocers and suppliers manage costs, quality, and food safety for perishables. It offers tools for procurement, inspections, and traceability across the supply chain. The platform connects trading partners and uses data from smart devices for insights. Based in Los Gatos, California, it serves grocery retailers, growers, and shippers by standardizing workflows and enhancing compliance.
- Headquarters Los Gatos, United States
- Employees 34
- Stage Acquired
- SectorsRetailConsumer
- Email••••••••
- Phone•••• ••••
- Website procurant.com
- Social LinkedIn X Instagram
- Acquired by GrubMarket (Nov 2025)
- Legal Name Procurant It India Private Limited
- Date of Incorporation 27 Jun, 2018
- Jurisdiction Pune, Maharashtra, India
- Indian entity revenue₹7.24 Cr
FY 2026 · -1% YoY
- Indian entity net profit₹61.7 Lakh
FY 2026 · 9% margin
- Indian entity EBITDA₹95.9 Lakh
FY 2026 · 13% margin
- Investors
- Employee Count34
- Acquired byGrubMarket
(Nov 2025)
Associated legal entities of Procurant
Procurant operates through Procurant It India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Procurant It India Private Limited CIN U72200PN2018PTC177440 | Active | 27 Jun 2018 | Pune, Maharashtra | ₹7.2 Cr | 34 | 4 | View details |
Products & Services of Procurant
Procurant offers a comprehensive portfolio of products and services, including Procurement Platform, Food Safety Inspections, and Traceability System.
AI solution for managing perishable goods procurement and costs.
Tool for inspections and ensuring food safety regulations.
Platform for tracking perishable items in the supply chain.
Apps and channels of Procurant
Procurant publishes 2 mobile apps with over 50 downloads.
Investors in Procurant
Procurant has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include GrubMarket.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Multi-category grocery products are offered through an online platform. | 2014 | grubmarket.com | San Francisco, United States |
Investor details for Procurant
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Board of directors of Procurant It India Private Limited (Procurant)
Procurant It India Private Limited is the primary company behind Procurant. The board of Procurant It India Private Limited currently have 4 directors; the longest-serving is Ankita Ninad Pate, appointed in 2018. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ankita Ninad Pate DIN 07815892 | Director | 27 Jun 2018 | 8 yrs 4 mo | Procurant It India Private Limited |
| Dinesh Datta Mishra DIN 07816520 | Director | 27 Jun 2018 | 8 yrs 4 mo | Procurant It India Private Limited |
| Bharath Mukundan Kumar DIN 03537594 | Director | 02 Jul 2018 | 8 yrs 4 mo | Procurant It India Private Limited |
| John Eric Peters DIN 05123754 | Director | 02 Jul 2018 | 8 yrs 4 mo | Procurant It India Private Limited |
People of Procurant
22 people are tracked at Procurant (9 in leadership, 13 in team); the tracked headcount is 34.
| Name | Role | Group |
|---|---|---|
Dave Hood | VP, Business Development | Leadership |
| CEO | Leadership | |
Chuck Gragg | VP, Retail Sales | Leadership |
Kevin Brooks | Chief Revenue & Marketing Officer | Leadership |
| VP, Engineering | Leadership | |
Bob Nelson | VP, Sales | Leadership |
Daniel Yeung | Engineering Director - A Cloud-based Software Company Transforming The Global Food Supply Chain | Leadership |
Doug Millan | Sales Director | Leadership |
Dana Cramblet | Director Of Finance | Leadership |
Vallari Shah | Engineering Manager | Team |
Neil Kumar | Integration Manager - Engineering | Team |
Ashish Patil | Full-stack Developer(angular,java) | Team |
Joe Gomez | IT Operations Engineer | Team |
Hitesh Ahire | Software Engineer | Team |
Xinmin Wang | Data Architect | Team |
Neha Tambe | Senior Software Engineer | Team |
Rahul Pawar | Software Engineer | Team |
Prithvi Chauhan | Senior Software Engineer | Team |
Naresh Chaware | Senior Software Engineer | Team |
Wes Carroll | Senior Software Engineer | Team |
2 more people are available in the full profile.
Complete people profiles for Procurant
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Financials of Procurant
Figures of Procurant It India Private Limited, the primary company behind Procurant, for FY 2026. Revenue was ₹7.24 Cr (-1% year on year). Net profit was ₹61.7 Lakh (9% margin). EBITDA was ₹95.9 Lakh (13% margin). Revenue has grown at a compounded annual rate of +6% over three years and +14% over five years.
- ₹7.24 CrRevenue · FY 2026 · -1% YoY
- ₹61.7 LakhNet profit · 9% margin
- ₹95.9 LakhEBITDA · 13% margin
- ₹10,000Paid-up capital
- 34Employees (provident fund records)
- +6%Revenue CAGR, 3 years
- +14%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Procurant It India Private Limited are on its company page.
Detailed financial statements for Procurant
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Timeline of Procurant
2 dated milestones of Procurant across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Procurant is founded.
- Exit Acquired by GrubMarket.
Competitors of Procurant
Procurant has 2 listed competitors in our database, 2 of them funded. They include FoodLogiQ and Aanika.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| foodlogiq.com | 2006 | Durham, United States | $29.5M | 39 | Provider of food traceability and safety solutions for food service chains | |
| aanikabio.com | 2018 | Brooklyn, United States | $14.5M | Traceability solutions for agricultural products are provided using microbial-based tags. |
Detailed competitors of Procurant
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Top companies in Food & Grocery Retail
3 companies that operate in the same segment as Procurant (Food & Grocery Retail) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Food and grocery deliveries are facilitated through an app-based platform. | 2013 | San Francisco, California, United States | USD 2.5 B | USD 10.72 B | 80,579 | |
Organic groceries are offered through an online membership platform. | 2013 | Los Angeles, California, United States | USD 332.18 M | |||
Online marketplace platform offering multi-category grocery products | 2012 | San Francisco, California, United States | USD 2.93 B | USD 3.74 B | 25,408 |
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Related news about Procurant
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Frequently Asked Questions about Procurant
Procurant was founded in 2018.
Procurant is headquartered in Los Gatos, United States. It is registered at Los Gatos, California, United States.
Procurant has 34 employees.
The primary company behind Procurant, Procurant It India Private Limited, reported revenue of ₹7.24 Cr for FY 2026, down 1% year on year.
Procurant is an AI-integrated software solution that helps retail grocers and suppliers manage costs, quality, and food safety for perishables. It offers tools for procurement, inspections, and traceability across the supply chain. The platform connects trading partners and uses data from smart devices for insights. Based in Los Gatos, California, it serves grocery retailers, growers, and shippers by standardizing workflows and enhancing compliance.
Procurant offers Procurement Platform, Food Safety Inspections, and Traceability System.
Procurant has 1 investor. Key investors include GrubMarket.
Procurant operates through Procurant It India Private Limited.
Yes. Procurant was acquired by GrubMarket in November 2025.
The legal entities of Procurant currently have 4 directors, including Ankita Ninad Pate, Dinesh Datta Mishra, Bharath Mukundan Kumar and others.
Yes. Procurant publishes Procurant Commerce and 1 more app, with over 50 downloads.