About Procuzy
Procuzy is a company based in Bengaluru (India) founded in 2021 by Daksh Asija and Arjun Wadhwa.. Procuzy has raised $332.93 thousand across 1 funding round from investors including Keystone Capital and UPDN. Procuzy offers products and services including Inventory Management, Production Management, Purchase Management, and Sales and Distribution. Procuzy operates in a competitive market with competitors including AVEVA, Katana MRP, Baxter Planning, SupplyPro and Nomad Go, among others.
- Headquarter Bengaluru, India
- Founders Daksh Asija, Arjun Wadhwa
- Stage Minicorn
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Sectors
TechnologyIndustrial Goods & Manufacturing
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$332.93 K (USD)
in 1 rounds
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Latest Funding Round
$332.93 K (USD), Seed
Jul 19, 2021
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Investors
Keystone Capital
& 1 more
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Employee Count
Employee Count
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Products & Services of Procuzy
Procuzy offers a comprehensive portfolio of products and services, including Inventory Management, Production Management, Purchase Management, and Sales and Distribution. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Real-time tracking of stock levels to prevent shortages and overstocking.
Optimizes workflows for efficient manufacturing and resource allocation.
Streamlines procurement and vendor tracking for better supply chain control.
Automates orders and logistics to enhance distribution processes.
Funding Insights of Procuzy
Procuzy has successfully raised a total of $332.93K through 1 strategic funding round. The most recent funding activity was a Seed round of $332.93 thousand completed in July 2021. 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 Total Funding
- Total Rounds 1
- Last Round Seed — $332,932
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First Round
First Round
(19 Jul 2021)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Seed - Procuzy | 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 Procuzy
Procuzy has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Keystone Capital and UPDN. 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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US private equity investments are managed by Keystone Capital.
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Founded Year | Domain | Location | |
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Software development and consultation services are provided by UPDN.
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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 Procuzy
| 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 - Procuzy
| 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 |
Procuzy Comparisons
Competitors of Procuzy
Procuzy 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 AVEVA, Katana MRP, Baxter Planning, SupplyPro and Nomad Go, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based data visualization and dashboard development are facilitated.
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| domain | founded_year | HQ Location |
Cloud-based software is used for inventory and production management.
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| domain | founded_year | HQ Location |
Web-based inventory management solutions and services are provided.
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| domain | founded_year | HQ Location |
Web-based inventory control solutions
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| domain | founded_year | HQ Location |
Inventory intelligence solutions are developed to automate supply chains.
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| domain | founded_year | HQ Location |
ERP software developer for manufacturing industry
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Procuzy
When was Procuzy founded?
Procuzy was founded in 2021.
Where is Procuzy located?
Procuzy is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Procuzy?
Daksh Asija is the current CEO of Procuzy. They have also founded this company.
Is Procuzy a funded company?
Procuzy is a funded company, having raised a total of $332.93K across 1 funding round to date. The company's 1st funding round was a Seed of $332.93K, raised on Jul 19, 2021.
What does Procuzy do?
Provider of cloud-based ERP software for manufacturing and procurement teams. It offers solutions for inventory, production, purchase, and sales management. The software includes demand forecasting and material requirement planning. It supports industries like chemical, cosmetics, food and beverage, apparel and footwear, furniture, and pharmaceuticals. The platform provides features such as real-time stock tracking, automated alerts, multi-location support, and batch tracking. It focuses on minimizing wastage and maximizing cost efficiency through production module. The software integrates planning, purchase order processing, and smart RFQ generation.
Who are the top competitors of Procuzy?
Procuzy's top competitors include Katana MRP, AVEVA and Nomad Go.
What products or services does Procuzy offer?
Procuzy offers Inventory Management, Production Management, Purchase Management, and Sales and Distribution.
Who are Procuzy's investors?
Procuzy has 2 investors. Key investors include Keystone Capital, and UPDN.
What is Procuzy's valuation?
The valuation of Procuzy is $2.01M as of Jul 2021.