ProcureTiger

Ahmedabad, India Founded: 2006 • Age: 20 yrs Minicorn
E-procurement management tools for procurement processes are provided.

About ProcureTiger

ProcureTiger is a Technology company based in Ahmedabad (India) founded in 2006. E-procurement management tools for procurement processes are provided. ProcureTiger has raised $1.18 million across 1 funding round from investors including Neelkamal Tradelink, Amar Commercial and Red Hot Mercantile. The company has 26 employees. ProcureTiger was last valued at $2.17 million in January 2010. Its chief executive, as recorded, is Jayesh Chaudhary. Its website procuretiger.com draws about 68 thousand monthly visits. Its Indian entity E-Procurement Technologies Limited reported revenue of β‚Ή48.36 Cr. Its focus areas include FinTech, Finance & Accounting Tech, Accounting Solutions and Procure to Pay.

Company details

ProcureTiger was founded in 2006 in Ahmedabad, India, within the procurement software sector. E-procurement solutions are offered, encompassing software for portfolio-based processes, governance tools for e-RFX and auctions including tendering and reverse auctions, as well as contract and catalogue management. Purchase requisition submission, supplier oversight, and order management are facilitated electronically. Real-time online reverse auctions between buyers and pre-qualified providers are supported, with integration to third-party systems available.

  • Headquarters Ahmedabad, India
  • Employees 26
  • Stage Minicorn
  • Sectors
    Technology
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website procuretiger.com
  • Social LinkedIn Facebook
  • Legal Name E-Procurement Technologies Limited
  • Date of Incorporation 27 Mar, 2006
  • Jurisdiction Ahmedabad, Gujarat, India
Key Metrics
  • Annual Revenue
    ₹48.36 Cr

    FY 2025 · -7% YoY

  • Net Profit
    ₹5.05 Cr

    FY 2025 · 10% margin

  • EBITDA
    ₹8.71 Cr

    FY 2025 · 18% margin

  • Total Equity Funding
    $1.18M (USD)

    in 1 rounds

  • Latest Funding Round
    $1.18M (USD), Seed

    Jan 2010

  • Employee Count
    26

Funding Insights of ProcureTiger

ProcureTiger has successfully raised a total of $1.18M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.18 million completed in January 2010. 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 $1.18M
  • Total Rounds 1
  • Last Round Seed β€” $1.18M
  • First Round $1.18M

    (Jan 2010)

  • Investors Count 3

All 1 funding rounds of ProcureTiger with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2010$1.18MSeed$2.17MNeelkamal Tradelink, Amar Commercial
–
Valuation history
DateValuationStage
Jan 2010$2.17Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $2.17M (Jan 2010). 3 investors in total: 3 institutional.

Investors in ProcureTiger

ProcureTiger has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Neelkamal Tradelink, Amar Commercial and Red Hot Mercantile.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Investments in multiple sectors are managed through private equity.
neelkamaltradelink.tcc.modeKolkata, India
Private equity firm focused on multiple sectors
amarcommercial.tcc.modeKolkata, India
Private equity firm focused on multiple sectors
redhotmercantile.tcc.modeKolkata, India
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Investor details for ProcureTiger

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Board of directors of E-Procurement Technologies Limited (ProcureTiger)

E-Procurement Technologies Limited is the primary company behind ProcureTiger. The boards of the 2 registered companies of ProcureTiger currently have 3 directors; the longest-serving is Mahesh Sinha Jagannath Prasad, appointed in 2007. 12 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Mahesh Sinha Jagannath Prasad
DIN 01948081
Whole-time director31 Dec 200718 yrs 9 moE-Procurement Technologies Limited, Procure Tiger Private Limited
Rakesh Prasad Sinha
DIN 06571256
Whole-time director01 May 201313 yrs 5 moE-Procurement Technologies Limited, Procure Tiger Private Limited
Sangeeta Ramesh Sinha
DIN 02506533
Director13 Jun 201412 yrs 4 moE-Procurement Technologies Limited, Procure Tiger Private Limited

People of ProcureTiger

36 people are tracked at ProcureTiger (5 in leadership, 31 in team); the tracked headcount is 26.

NameRoleGroup
Jayesh Chaudhary
CEOLeadership
Piyush Patadia
Head Research & Business AnalystLeadership
Ca Dhvani Kamani
Head Finance AccountLeadership
Ritesh Panchal
Head Of AcquisitionLeadership
Shyam Panickar
Head Of ProductLeadership
Fahad Ajaz Khan
Customer Support AssociateTeam
Talha Mansuri
Sales MarketingTeam
Sunil Francis
Senior Marketing ManagerTeam
Tejendra Barot
Marketing ManagerTeam
Ashish Chandela
Senior Sales ExecutiveTeam
Jayesh Rohit
Sr Sales ExecutiveTeam
Praveenkumar Thevar
Sales ProfessionalTeam
Govind Prajapati
Sales ExecutiveTeam
Komal Vadhwani
Support And ImplementationTeam
Lalit Dhange
Implementation Support EngineerTeam
Disha Pachiesia
Business Development ExecutiveTeam
Karan Khatri
Sales TeamTeam
Yagnik Hingu
Business Development ExecutiveTeam
Payal Tiwari
Assistant Manager In FinanceTeam
Sameer Shinge
MarketingTeam

16 more people are available in the full profile.

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Complete people profiles for ProcureTiger

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Financials of ProcureTiger

Figures of E-Procurement Technologies Limited, the primary company behind ProcureTiger, for FY 2025. Revenue was ₹48.36 Cr (-7% year on year). Net profit was ₹5.05 Cr (10% margin). EBITDA was ₹8.71 Cr (18% margin). Revenue has grown at a compounded annual rate of -1% over three years and +5% over five years.

  • ₹48.36 CrRevenue · FY 2025 · -7% YoY
  • ₹5.05 CrNet profit · 10% margin
  • ₹8.71 CrEBITDA · 18% margin
  • ₹5.75 CrPaid-up capital
  • 26Employees (provident fund records)
  • -1%Revenue CAGR, 3 years
  • +5%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of E-Procurement Technologies Limited are on its company page.

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Detailed financial statements for ProcureTiger

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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  • Downloads

Verified entity values are shown only after access is granted.

Timeline of ProcureTiger

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

  1. Founded ProcureTiger is founded.
  2. Funding First funding round of $1.2M.
  3. Milestone Reaches Minicorn status.

Web traffic of ProcureTiger

The website of ProcureTiger (procuretiger.com) receives about 67.8K visits a month.

  • Monthly visits
    67.8K

    ▲ 67.1% vs previous month

Similar websites

Websites whose visitors overlap most with ProcureTiger. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
procurementtiger.com
100%
View details
retail.onlinesbi.com
retail.onlinesbi.com
54%
–
google.com
26%
85.8B#1View details
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Related news about Procuretiger

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Frequently Asked Questions about ProcureTiger

ProcureTiger was founded in 2006 and raised its 1st funding round 4 years after it was founded.

ProcureTiger is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.

Jayesh Chaudhary is the CEO of ProcureTiger, as recorded in our data.

ProcureTiger is a funded company, having raised a total of $1.18M across 1 funding round to date. The company's 1st funding round was a Seed of $1.18M, raised on Jan 2010.

ProcureTiger has 26 employees.

The primary company behind ProcureTiger, E-Procurement Technologies Limited, reported revenue of β‚Ή48.36 Cr for FY 2025, down 7% year on year.

ProcureTiger was founded in 2006 in Ahmedabad, India, within the procurement software sector. E-procurement solutions are offered, encompassing software for portfolio-based processes, governance tools for e-RFX and auctions including tendering and reverse auctions, as well as contract and catalogue management. Purchase requisition submission, supplier oversight, and order management are facilitated electronically. Real-time online reverse auctions between buyers and pre-qualified providers are supported, with integration to third-party systems available.

ProcureTiger has 3 investors. Key investors include Neelkamal Tradelink, Amar Commercial, and Red Hot Mercantile.

The valuation of ProcureTiger is $2.17M as of Jan 2010.

ProcureTiger is associated with 2 legal entities: E-Procurement Technologies Limited, Procure Tiger Private Limited.

The legal entities of ProcureTiger currently have 4 directors, including Sangeeta Ramesh Sinha, Rakesh Prasad Sinha, Mahesh Sinha Jagannath Prasad and others.

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