About Prokure
Prokure was an Industrial Goods & Manufacturing company based in Gurugram (India) founded in 2015 by Shubham Agrawal and Dhilbar Roshan. It operates as a functions as an e-distributor supplying multi-category products to wholesalers and retailers. It operates on a B2B model. Prokure has raised $532.28 thousand across 2 funding rounds from investors including TLabs. Prokure was last valued at $2.59 million in September 2016. Its Indian entity Cerise Internet Technologies Private Limited reported revenue of ₹73.6 Lakh. The company is recorded as dissolved. Its focus areas include Wholesale and Distribution, E-commerce Distribution, Product Distribution and Multi-category Supply. Its competitors include IndiaMART, Moglix, Udaan, Solv and ProcMart and 3 more; 7 of its 8 listed competitors have raised funding.
Company details
Prokure functions as an e-distributor supplying multi-category products to wholesalers and retailers, focusing on wholesale and distribution, managing e-commerce distribution, product distribution, and multi-category supply. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
- Headquarters Gurugram, India
- Founders Shubham Agrawal, Dhilbar Roshan
- Stage Minicorn
- SectorsIndustrial Goods & Manufacturing
- Website prokure.it
- Legal Name Cerise Internet Technologies Private Limited
- Date of Incorporation 19 Sep, 2015
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹73.6 Lakh
FY 2017
- Net Loss-₹80.7 Lakh
FY 2017 · -110% margin
- EBITDA-₹80.8 Lakh
FY 2017 · -110% margin
- Total Equity Funding$532.28K (USD)
in 2 rounds
- Latest Funding Round$486.89K (USD), Seed
Sep 2016
- Investors
Associated legal entities of Prokure
Prokure operates through Cerise Internet Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2017) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Cerise Internet Technologies Private Limited CIN U72300DL2015PTC285440 | Active | 19 Sep 2015 | New Delhi, Delhi | ₹0.7 Cr | – | 2 | View details |
Funding Insights of Prokure
Prokure has successfully raised a total of $532.28K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $486.89 thousand completed in September 2016. 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 $532,279
- Total Rounds 2
- Last Round Seed — $486,892
- First Round $45,387
(Nov 2015)
- Investors Count 1
All 2 funding rounds of Prokure with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Valuation | Stage |
|---|---|---|
| Sep 2016 | $2.59M | •••••••• |
Last known valuation $2.59M (Sep 2016). 1 investors in total: 1 institutional.
Investors in Prokure
Prokure has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include TLabs.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Consumer internet startups are accelerated and funded by TLabs. | – | tlabs.in | Delhi, India |
Investor details for Prokure
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Board of directors of Cerise Internet Technologies Private Limited (Prokure)
Cerise Internet Technologies Private Limited is the primary company behind Prokure. The board of Cerise Internet Technologies Private Limited currently have 2 directors; the longest-serving is Shubham, appointed in 2015. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Shubham DIN 07271720 | Director | 19 Sep 2015 | 11 yrs 1 mo | Cerise Internet Technologies Private Limited |
| Dhilbar Roshan DIN 07271703 | Director | 19 Sep 2015 | 11 yrs 1 mo | Cerise Internet Technologies Private Limited |
People of Prokure
2 people are tracked at Prokure (2 in leadership).
| Name | Role | Group |
|---|---|---|
Shubham Agrawal | Co-Founder | Leadership |
| Co-Founder | Leadership |
Complete people profiles for Prokure
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Financials of Prokure
Figures of Cerise Internet Technologies Private Limited, the primary company behind Prokure, for FY 2017. Revenue was ₹73.6 Lakh. Net loss was -₹80.7 Lakh (-110% margin). EBITDA was -₹80.8 Lakh (-110% margin).
- ₹73.6 LakhRevenue · FY 2017
- -₹80.7 LakhNet loss · -110% margin
- -₹80.8 LakhEBITDA · -110% margin
- ₹2.8 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Cerise Internet Technologies Private Limited are on its company page.
Detailed financial statements for Prokure
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Prokure
4 dated milestones of Prokure across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Prokure is founded.
- Funding First funding round of $45K.
- Funding Latest funding round, Seed, of $487K.
- Milestone Reaches Minicorn status.
Competitors of Prokure
Prokure has 8 listed competitors in our database, 7 of them funded. They include IndiaMART, Moglix, Udaan, Solv and ProcMart, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| indiamart.com | 1999 | Noida, India | $37.24M | 3,623 | Online B2B marketplace connecting buyers and suppliers of diverse industrial products | |
| moglix.com | 2015 | Singapore | $470.85M | 4,166 | Multi-category products are supplied via a B2B marketplace platform. | |
| udaan.com | 2016 | Bengaluru, India | $2.7B | 1,791 | Online marketplace offering multi-category products | |
| solvezy.com | 2019 | Bengaluru, India | $40M | 412 | A B2B e-commerce platform is operated for MSMEs in India. | |
| procmart.com | 2015 | Noida, India | $40.25M | 423 | Online platform offering procurement and supply chain solutions | |
| tradeindia.com | 1996 | Noida, India | – | 1,213 | Multi-category products are facilitated via a B2B marketplace platform. | |
| wcubeindia.com | 2019 | Gurugram, India | $856,800 | 55 | B2B procurement marketplace is operated for mid-sized enterprises. | |
| anar.biz | 2019 | Mumbai, India | $6.46M | 15 | Provider of B2B marketplace platform offering products |
Detailed competitors of Prokure
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Verified entity values are shown only after access is granted.
Top companies in Materials Distribution & Associations
10 companies that operate in the same segment as Prokure (Materials Distribution & Associations), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AFC Industries is recognized as a full-service industrial distributor. | 2015 | Fairfield, United States | USD 34.01 M | – | – | |
Polymers and elastomers are distributed by Distrupol across Europe. | 1963 | Chertsey, Surrey, United Kingdom | – | USD 99.72 M | 78 | |
Industrial products and services are supplied to multiple sectors. | 1933 | Dallas, Texas, United States | – | USD 2.16 B | 7,380 | |
Materials including metals, alloys, ceramics, glasses, and polymers are supplied. | 1946 | Huntingdon, United Kingdom | – | – | – | |
Midstream tungsten products are supplied by MHT from Vietnam operations. | 2010 | Ho Chi Minh City, Vietnam | USD 90 M | – | – | |
Plastic components are distributed by Carclo in the United Kingdom. | 1924 | Ossett, West Yorkshire, United Kingdom | – | USD 151.23 M | 958 | |
Sophisticated software tools are developed and integrated for associations. | 2015 | London, England, United Kingdom | USD 3.75 M | – | – | |
International trader and distributor of chemicals, petrochemicals, polymers, and paper products | 1985 | Mumbai, Maharashtra, India | – | USD 331.79 M | 9 | |
Provider of investment and financial services to oil and gas business | 2020 | Dallas, Texas, United States | – | – | – | |
Exploration for natural rutile, heavy mineral sands, rare earth elements, and niobium is conducted by DY6 Metals. | 2022 | United States | – | – | – |
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Frequently Asked Questions about Prokure
Prokure was founded in 2015.
Prokure is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Prokure is a funded company, having raised a total of $532.28K across 2 funding rounds to date. The company's 1st funding round was a Seed of $45.39K, raised on Nov 2015.
The primary company behind Prokure, Cerise Internet Technologies Private Limited, reported revenue of ₹73.6 Lakh for FY 2017.
Prokure functions as an e-distributor supplying multi-category products to wholesalers and retailers, focusing on wholesale and distribution, managing e-commerce distribution, product distribution, and multi-category supply. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
Prokure has 1 investor. Key investors include TLabs.
The valuation of Prokure is $2.59M as of Sep 2016.
Prokure operates through Cerise Internet Technologies Private Limited.
The legal entities of Prokure currently have 2 directors, including Shubham, Dhilbar Roshan.