ProcureYard operates an AI-driven raw material procurement platform focused on construction, manufacturing, and infrastructure supplies. Founded in 2023 and based in Gurugram, India, the company works with a network of over 200 suppliers and operates across more than 20 states. ProcureYard raised a $1.72M seed round in January 2025 to support its growth. The company plans to use the proceeds for product development, working capital, and to expand its AI-driven platform. The founding team includes Anshu Kandhari, Pankaj Bisht, Somdutt Parashar, and Tushar Agarwal. Its go-to-market is aimed at streamlining raw-material sourcing for large, distributed buyers and supplier networks.

Total raised

$2M

Funding rounds

1

Latest round

Seed

Latest activity

Jan 2025