Vikas Chadda: Driving AI-Powered Innovation and Mentorship in India’s SaaS Landscape

Vikas Chadda, Co-Founder of ProcUrPal, is at the forefront of transforming India’s procurement sector through AI-driven solutions. With over two decades of experience in leading tech companies like Lenovo, Xerox, Sify, and Reliance Communications, Chadda has cultivated a blend of leadership, strategic foresight, and innovation.wahstory.com At ProcUrPal, Chadda leverages artificial intelligence to streamline procurement processes, making them more efficient and accessible for businesses across India. His approach emphasizes not only technological advancement but also the importance of mentorship and community building. By collaborating with institutions like IIT Kanpur, he fosters a culture of learning and innovation, guiding the next generation of tech entrepreneurs. Chadda’s journey underscores the significance of adaptability and resilience in the face of challenges. His commitment to continuous learning and empowerment has not only propelled ProcUrPal’s success but also contributed to the broader growth of India’s SaaS ecosystem.

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

ProcUrPal: Revolutionizing E-Procurement for Indian SMEs with AI-Driven Solutions

Bengaluru-based SaaS startup ProcUrPal, founded by Vikas Chadda, is transforming the e-procurement landscape for small and medium enterprises (SMEs) in India. Recognizing the inefficiencies in traditional procurement systems, Chadda developed an AI-powered platform that automates key processes such as tendering, vendor evaluation, and auctions. This innovation has led to a significant reduction in sourcing time, cutting it by half. Tailored specifically for SMEs, ProcUrPal offers customized pricing models and seamless integration with existing Enterprise Resource Planning (ERP) systems. By streamlining procurement operations, the platform not only enhances efficiency but also empowers SMEs to compete more effectively in the market. As India continues to embrace digital transformation, solutions like ProcUrPal are pivotal in bridging the technological gap for smaller businesses, ensuring they remain competitive and agile in a rapidly evolving economic landscape. Read More

From Boardrooms to Bharat: ProcUrPal’s 85-Lakh Supplier Network Ushers in a New Era of MSME Procurement

ProcUrPal, the award-winning AI-powered SaaS platform, is transforming the procurement landscape for Indian enterprises and MSMEs alike. With over 85 lakh verified suppliers onboarded, the platform bridges the digital divide between large organizations and grassroots vendors — making procurement faster, smarter, and more inclusive. What started as a tech-driven solution for boardroom-level inefficiencies has now become a pan-India procurement revolution, empowering businesses in Tier 2 and Tier 3 cities with access to enterprise-grade tools. ProcUrPal’s platform leverages AI for RFX creation, supplier discovery, auto-scoring of bids, and deep analytics — making complex sourcing as easy as clicking a button. Backed by visionary leadership and cutting-edge innovation, ProcUrPal has earned accolades and trust from thousands of businesses. From streamlining vendor onboarding to reducing procurement timelines by up to 70%, the platform stands as a benchmark in Make in India meets AI. As procurement continues to evolve, ProcUrPal ensures that Bharat doesn’t just catch up — it leads. Read More

StartUp Awards 2024 – Elets India AI Summit

We are thrilled to announce that ProcUrPal has been honored with the prestigious StartUp Awards 2024 at 𝐄𝐥𝐞𝐭𝐬 𝐈𝐧𝐝𝐢𝐚 𝐀𝐈 𝐒𝐮𝐦𝐦𝐢𝐭! This award recognises exemplary innovation in  “Best Use of AI in Procurement & SaaS”. It is a testament to our relentless pursuit of innovation and excellence in the digital transformation of procurement processes. We are incredibly proud to have our efforts recognized at such an esteemed event. This event was graced by the Chief Guest, Shri Priyank Kharge, Hon’ble Minister of IT and Rural Development & Panchayat Raj Departments, Government of Karnataka. This award reinforces our commitment to pushing the boundaries of what AI can achieve in the procurement landscape. Our cutting-edge AI solutions are designed to streamline and optimise procurement, driving efficiency and value for businesses.