Procurri
About Procurri
Procurri is a company based in Singapore was acquired by Novo Tellus Capital Partners in March 2021.. The company has 16 employees as of April 01, 2024.
- Headquarter Singapore
- Employees 16 as on 01 Apr, 2024
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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 Procurri India Private Limited
- Date of Incorporation 07 Apr, 2017
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$1.56 M (USD)38.04as on Dec 31, 2021
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Net Profit
$407.49 K (USD)146.57as on Dec 31, 2021
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EBITDA
$617.54 K (USD)155.87as on Dec 31, 2021
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Latest Funding Round
$8.84 M (USD), Post-IPO
Feb 18, 2019
- Investors
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Employee Count
16
as on Apr 01, 2024
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Acquired by
Novo Tellus Capital Partners
(Mar 15, 2021)
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Funding Insights of Procurri
- Total Funding Total Funding
- Total Rounds 1
- Last Round Post-IPO — $8.8M
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First Round
First Round
(18 Feb 2019)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2019 | Amount | Post-IPO - Procurri | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Procurri
Procurri has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Novo Tellus Capital Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Multiple sectors are invested in by this private equity firm.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Procurri
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Procurri
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Procurri Comparisons
Competitors of Procurri
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Procurri
Where is Procurri located?
Procurri is headquartered in Singapore.
How many employees does Procurri have?
As of Apr 01, 2024, the latest employee count at Procurri is 16.
What is the annual revenue of Procurri?
Annual revenue of Procurri is $1.56M as on Dec 31, 2021.
What does Procurri do?
The company, located in Singapore, operates within the IT services sector. Comprehensive IT lifecycle management is handled through hardware procurement, maintenance contracts, and asset disposition processes. Services extend to professional support, modern workplace setups, contract manufacturing, and hyperscale infrastructure. Independent maintenance covers enterprise servers, storage systems, and networking gear. Distribution channels and e-commerce platforms are also facilitated for global operations.
Who are Procurri's investors?
Procurri has 1 investor. Key investors include Novo Tellus Capital Partners.