ProcMart

B2B e-commerce firm ProcMart on Monday said it has raised USD 10 million, about Rs 82 crore in a funding round led by Sixth Sense Ventures. The latest Series A funding round will be deployed towards international expansion, strengthening vendor partnerships and upgrading technological and warehousing capabilities, the company said in a statement. Noida-based ProcMart plans to achieve Rs 1,000 crore revenue in next three years and is planning to expand in Vietnam, Australia and Dubai in the coming months. "This financing will be crucial to increasing our geographic reach, forming effective vendor alliances, and improving our technological and warehousing capabilities. "Sixth Sense has a strong track record of partnering with Business-to-business (B2B) enablers and helping them scale leveraging their ecosystem connect. We are excited to have them partner with us as we embark upon the next leg of growth," ProcMart Founder and CEO, Anish Popli said. Founded in 2015, ProcMart is an ..

ProcMart would be investing their finances in creating a comprehensive, user friendly and easily scalable technology