ProcMart Bags $30 Mn To Boost Supply Chain Integration For Businesses

ProcMart Secures $30 Million to Enhance Business Supply Chain Integration

ProcMart, a company specializing in bolstering supply chain integration for businesses, has raised $30 million in a funding round led by Fundamentum Partnership, a venture capital firm co-founded by Nandan Nilekani and Sanjeev Aggarwal, along with Edelweiss Discovery Fund.

With this new infusion of capital, ProcMart is set to actively pursue strategic acquisitions to bolster its position in the market and enrich its range of services for clients. Additionally, the company plans to venture into new industries, expand its distribution network across India, and reinforce its international operations in Southeast Asia.