ProcUrPal: Bengaluru’s AI-Powered SaaS Startup Building an 8 Lakh+ Supplier Network to Challenge China’s Dominance
Bengaluru-based SaaS startup ProcUrPal, founded in December 2023 by tech veteran Vikas Chadda, is revolutionizing procurement for Indian enterprises and SMEs. Leveraging artificial intelligence, ProcUrPal streamlines procurement processes, making them faster, smarter, and more efficient. The platform’s core modules—RFx Management and eAuction—automate key procurement stages, reducing turnaround times by over 50%. With a robust network of over 8 lakh verified suppliers, ProcUrPal enhances supplier visibility and simplifies sourcing across industries like retail, FMCG, logistics, and manufacturing. Recognized under the Startup India Initiative by DPIIT and awarded ISO 27001 certification, ProcUrPal has also been honored with the “Best Use of AI in Procurement & SaaS” award at the Elets India AI Summit 2024. Within two months of its February 2025 launch, clients have reported up to 20% cost savings and improved operational efficiency. Looking ahead, ProcUrPal plans to expand into Southeast Asia, the Middle East, and Europe, introducing features like predictive analytics and AI-powered contract management. By bridging the digital divide in procurement, ProcUrPal positions India as a formidable player in the global AI-driven procurement landscape. Read More
