Procureasy

Delhi, India Founded: 2019 • Age: 7 yrs Minicorn
Procurement management platform is offered for marketplace orders and analytics.

About Procureasy

Procureasy is a Technology company based in Delhi (India) founded in 2019. Procurement management platform is offered for marketplace orders and analytics. Procureasy has raised $873.54 thousand across 2 funding rounds from investors including Angel List, Anicut Capital and Info Edge Ventures. The company has 31 employees. Procureasy was last valued at $3.26 million in October 2022. Its Indian entity Superv Technologies Private Limited reported revenue of β‚Ή14.34 Cr. Its focus areas include Enterprise Applications, SCM Software, Spend Management and Procure To Pay.

Company details

Founded in 2019 and based in Delhi, India, a procurement management platform is provided in the business software sector. Operations include user account creation, catalogue uploads with fixed prices, item selection for orders, online payments, and spend tracking. Features such as approval workflows, budget oversight, three-way matching, and analytics are incorporated. Procurement of supplies like stationery, IT equipment, and housekeeping items is facilitated through this system.

  • Headquarters Delhi, India
  • Employees 31
  • Stage Minicorn
  • Sectors
    Technology
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website procureasy.in
  • Social LinkedIn
  • Legal Name Superv Technologies Private Ltd
  • Date of Incorporation 25 Apr, 2019
  • Jurisdiction Gurgaon, Haryana, India
Key Metrics
  • Annual Revenue
    ₹14.34 Cr

    FY 2025 · +32% YoY

  • Net Loss
    -₹1.88 Cr

    FY 2025 · -13% margin

  • EBITDA
    -₹1.80 Cr

    FY 2025 · -13% margin

  • Total Equity Funding
    $873.54K (USD)

    in 2 rounds

  • Latest Funding Round
    $849.53K (USD), Seed

    Oct 2022

  • Investors
    Angel List

    & 9 more

  • Employee Count
    31

Funding Insights of Procureasy

Procureasy has successfully raised a total of $873.54K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $849.53 thousand completed in October 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $873,535
  • Total Rounds 2
  • Last Round Seed β€” $849,527
  • First Round $24,008

    (Feb 2021)

  • Investors Count 10

All 2 funding rounds of Procureasy with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Oct 2022$849,527Seed$3.26MInfo Edge Ventures
Feb 2021$24,008Angel Round$409,468Kapil Kumar Singla
Valuation history
DateValuationStage
Oct 2022$3.26Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $3.26M (Oct 2022). 10 investors in total: 3 institutional and 7 angel.

Investors in Procureasy

Procureasy has secured backing from 10 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Angel List, Anicut Capital and Info Edge Ventures.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Venture capital firm backed by Info Edge and Temasek
infoedgeventures.inNoida, India
Investment services in private credit, seed funds, growth equity, and late-stage equity for businesses in India.
2015anicutcapital.comChennai, India
Alternative investment platform for startups and investors is operated.
2010angellist.comSan Francisco, United States

Dhruv Toshniwal

unknown_f49d7bdd3d67431db

Samriddh Kothari

unknown_472f14e2003d4ec8b

Ankur Aggarwal

unknown_0f433e84d2ff4f879

Kartik Mandaville

unknown_a9a2692c537e4d848

Mayur Toshniwal

Co-founder of The Souled Store, active angel investor in Indian startups
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Kapil Kumar Singla

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Sneh Setu

Angel investor and entrepreneur, focusing on early-stage Indian startups.
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Investor details for Procureasy

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Board of directors of Superv Technologies Private Limited (Procureasy)

Superv Technologies Private Limited is the primary company behind Procureasy. The board of Superv Technologies Private Limited currently have 2 directors; the longest-serving is Sameer Wahie, appointed in 2019. 1 earlier director has ceased.

DirectorDesignationAppointedTenureEntity
Sameer Wahie
DIN 08434734
Director25 Apr 20197 yrs 6 moSuperv Technologies Private Limited
Sneh Setu
DIN 08771299
Director12 Nov 20206 yrsSuperv Technologies Private Limited

Financials of Procureasy

Figures of Superv Technologies Private Limited, the primary company behind Procureasy, for FY 2025. Revenue was ₹14.34 Cr (+32% year on year). Net loss was -₹1.88 Cr (-13% margin). EBITDA was -₹1.80 Cr (-13% margin). Revenue has grown at a compounded annual rate of +77% over three years.

  • ₹14.34 CrRevenue · FY 2025 · +32% YoY
  • -₹1.88 CrNet loss · -13% margin
  • -₹1.80 CrEBITDA · -13% margin
  • ₹5.6 LakhPaid-up capital
  • 31Employees (provident fund records)
  • +77%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Superv Technologies Private Limited are on its company page.

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Detailed financial statements for Procureasy

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Timeline of Procureasy

4 dated milestones of Procureasy across 3 years, from founding to its latest funding, stage changes and deals.

  1. Founded Procureasy is founded.
  2. Funding First funding round of $24K.
  3. Funding Latest funding round, Seed, of $850K.
  4. Milestone Reaches Minicorn status.

Top companies in Procurement & Supply Chain IT

2 companies that operate in the same segment as Procureasy (Procurement & Supply Chain IT) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Provider of supply chain financing solutions for small and medium enterprises
2017Mumbai, Maharashtra, IndiaUSD 269.95 MUSD 68.7 M2,123
Provider of working capital and supply chain finance solutions for businesses
2017Mumbai, Maharashtra, IndiaUSD 62 MUSD 59.8 M66
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Related news about Procureasy

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Frequently Asked Questions about Procureasy

Procureasy was founded in 2019 and raised its 1st funding round 2 years after it was founded.

Procureasy is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.

Procureasy is a funded company, having raised a total of $873.54K across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $24.01K, raised on Feb 2021.

Procureasy has 31 employees.

The primary company behind Procureasy, Superv Technologies Private Limited, reported revenue of β‚Ή14.34 Cr for FY 2025, up 32% year on year.

Founded in 2019 and based in Delhi, India, a procurement management platform is provided in the business software sector. Operations include user account creation, catalogue uploads with fixed prices, item selection for orders, online payments, and spend tracking. Features such as approval workflows, budget oversight, three-way matching, and analytics are incorporated. Procurement of supplies like stationery, IT equipment, and housekeeping items is facilitated through this system.

Procureasy has 10 investors. Key investors include Angel List, Anicut Capital, Info Edge Ventures, Dhruv Toshniwal, and Samriddh Kothari.

The valuation of Procureasy is $3.26M as of Oct 2022.

Procureasy operates through Superv Technologies Private Limited.

The legal entities of Procureasy currently have 2 directors, including Sameer Wahie, Sneh Setu.

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