About ProcureTiger
ProcureTiger is a company based in Ahmedabad (India) founded in 2006. 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 as of April 08, 2024. ProcureTiger operates in a competitive market with competitors including UST, Coupa, Genpact, Sage Group and 1&1 IONOS, among others.
- Headquarter Ahmedabad, India
- Employees 26 as on 08 Apr, 2024
- Stage Minicorn
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name E-Procurement Technologies Limited
- Date of Incorporation 27 Mar, 2006
- Jurisdiction Ahmedabad, Gujarat, India
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Annual Revenue
$6.12 M (USD)2.05as on Mar 31, 2023
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Net Profit
$910.17 K (USD)159.3as on Mar 31, 2023
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EBITDA
$1.06 M (USD)117.85as on Mar 31, 2023
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Total Equity Funding
$1.18 M (USD)
in 1 rounds
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Latest Funding Round
$1.18 M (USD), Seed
Jan 30, 2010
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Investors
Neelkamal Tradelink
& 2 more
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Employee Count
26
as on Apr 08, 2024
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People of ProcureTiger
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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.
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.
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Private equity firm focused on multiple sectors
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Private equity firm focused on multiple sectors
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Investor details for ProcureTiger
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Investments & Acquisitions by ProcureTiger
Investment portfolio details for ProcureTiger
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Financial Statements - ProcureTiger
Detailed financials for ProcureTiger
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Procuretiger Comparisons
Peer comparison for ProcureTiger
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Competitors of ProcureTiger
ProcureTiger operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as UST, Coupa, Genpact, Sage Group and 1&1 IONOS, among others.
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High-quality office furniture is provided by UST for various needs.
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Cloud-based end-to-end spend management software is delivered for businesses.
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Provider of end-to-end business process outsourcing services
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Cloud-based accounting and payroll solutions for small and medium businesses
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Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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IT outsourcing services are delivered across multiple business lines.
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Detailed competitors of ProcureTiger
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Latest news on 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 current CEO of ProcureTiger.
ProcureTiger is a funded company, having raised a total of $1.18M across 1 funding round to date.
As of Apr 08, 2024, the latest employee count at ProcureTiger is 26.
Annual revenue of ProcureTiger is $6.12M as on Mar 31, 2023.
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's top competitors include Coupa, Happiest Minds and Sage Group.
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.