ProcUrPal Wins Top MSME Innovation Award – An AI-Powered Procurement Revolution with 9.5+ Lakh Indian Suppliers Onboarded

In December 2023, seasoned tech industry leader Vikas Chadda made a bold leap—leaving behind a 25+ year corporate career at giants like Lenovo and Reliance to launch his own venture. What drove him? A clear vision to transform India’s outdated and inefficient procurement systems.

Enter ProcUrPal—a Bangalore-based AI-powered SaaS platform, built to streamline and simplify enterprise procurement for small and mid-sized businesses.

While global counterparts had already embraced smart procurement, Indian businesses remained tied to manual processes. ProcUrPal bridges this gap with automation, affordability, and a user-first approach.

Launched in February 2025 after a year of intensive R&D, the platform already serves 10+ clients and connects to a verified network of over 9.5 lakh suppliers.

Its core features include:

• An RFx tool for seamless tender & bid management

• An eAuction module for real-time cost negotiations

• AI-driven supplier analytics & contract workflows

• Significant time & cost savings for businesses

With flexible pricing—subscription for enterprises, event-based for occasional users, and spend-based for SMEs—ProcUrPal also offers a 15-day free trial to explore the platform risk-free.

Bootstrapped in its early stages and recently funded, ProcUrPal was developed with insights from 100+ procurement experts. Now, it’s gearing up for global expansion with Southeast Asia & Europe in sight, and upcoming features like predictive analytics and blockchain-enabled contracts.

ProcUrPal is not just a platform—it’s a movement to redefine how Indian businesses procure.
Visit: www.procurpal.in

#Founders #BangaloreStartup #Startup #SaaS #TechStartup #AI #StartupPedia #ArtificialIntelligence