E-sourcing and industrial procurement services via reverse auctions and tenders.
Annual revenue $74,164 Latest available
Total funding - Funding intelligence
Employees - Tracked headcount
Investors - Known backers
Products 2 Services tracked
Competitors - Brand Intelligence

About Simplyprocure

Simplyprocure is a company. Simplyprocure offers products and services including Online Reverse Auction and E-Tender Services.

  • Sectors
    Transportation, Automotive & Logistics
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Legal Name Rarelogics Infotech Private Limited
  • Jurisdiction Ghaziabad, Uttar Pradesh, India
Operational Areas
Transportation, Automotive & Logistics → Supply Chain, Freight & Logistics Unlock Sub-Sector Unlock Segment
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $74.16 K (USD)
    80.02
    as on Mar 31, 2022
  • Net Profit
    $1.16 K (USD)
    -51.55
    as on Mar 31, 2022
  • EBITDA
    $19.29 K (USD)
    25.12
    as on Mar 31, 2022
  • Latest Funding Round
    Not available
  • Investors
    Not available
  • Employee Count
    Not available
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Products & Services of Simplyprocure

Simplyprocure offers a comprehensive portfolio of products and services, including Online Reverse Auction and E-Tender Services.

Product name locked
Category locked
Primary

Online reverse auctions are conducted for competitive sourcing of raw materials and industrial supplies, ensuring transparency and cost efficiency

Product name locked
Category locked
Locked

E-tender services are provided in a controlled environment for sealed bids, which eliminate paperwork and increase transaction speed for pre-qualified bidders

Funding Insights of Simplyprocure

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Detailed funding history for Simplyprocure

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Investments & Acquisitions by Simplyprocure

Investments
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Investment portfolio details for Simplyprocure

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  • Portfolio identities
  • Transaction dates
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Financial Statements - Simplyprocure

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Detailed financials for Simplyprocure

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  • Profit trends
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Simplyprocure Comparisons

Simplyprocure Primary company
Description
E-sourcing and industrial procurement services via reverse a...
Location
-
Founded Year
-
Annual Revenue
$74.16 K (USD)
Net Profit
$1.16 K (USD)
EBITDA
$19.29 K (USD)
Employees
Not available
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Peer comparison for Simplyprocure

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  • Named peers
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Competitors of Simplyprocure

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Detailed competitors of Simplyprocure

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Latest news on Simplyprocure

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Complete news archive for Simplyprocure

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Frequently Asked Questions about Simplyprocure

Annual revenue of Simplyprocure is $74.16K as on Mar 31, 2022.

Online reverse auction and tender services have been offered by Rarelogics Infotech Private Limited since 2009, primarily catering to industrial procurement needs such as raw materials, packaging, and logistics for steel mills and OEMs. The platform, known as Simplyprocure, is ISO 9001:2015 and 27001:2013 certified, ensuring secure and standardized processes that facilitate transparent bidding and cost savings. Strict KYC and EMD norms are followed to maintain integrity, while user-friendly interfaces reduce cycle times and provide audit trails for all transactions, promoting efficient value addition in industrial sourcing.

Simplyprocure offers Online Reverse Auction and E-Tender Services.

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