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PROCOL TECH PRIVATE LIMITED

Procol

U72900DL2018PTC340246

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₹1,999.00 ₹3,998.00
Suggest Edit Last updated: Jan 17, 2025
Key Metrics
  • No. of Employees100
  • Founded Year 2011
  • Company StagePrivate Limited Company
  • Total Funding₹86.59 Cr
  • Industry

  • Headquarter
  • Company StatusActive
About Procol
Procol is an intelligent and the most user-friendly procurement software ever made. Founded in 2018, Procol's solutions have been securely deployed at many $1B+ global companies helping procurement teams reduce costs, digitize procurements, improve compliance by replacing emails and excel workflows with the world's most easy-to-use and secure e-sourcing platform. Procol is rated 4.9/5 ⭐️ by leading enterprises on G2 and has been featured by Forbes. Procol is a team of ex-Google New York, Zomato, OYO engineers and product folks who've worked at high-impact, growth companies and believe that we're on the journey of building one. Backed by investors like Blume Ventures, Sequoia Surge, Beenext, and Rainmatter
Business Model

Procol is a procurement technology company to streamline manual procurement processes for SMEs. It gets rid of brokers from the procurement chain and brings buyers, sellers, brokers and traders under its ecosystem. Havells, Cremica, Zetwerk, BlinkIt, Emami and 70 others are leveraging a network of 25,000 suppliers present on Procol’s B2B marketplace platform.

Top Competitors
GB
Genie BazaarU72900MH2016PTC272995
TY
TyasuiteU72200KA2018PTC117494
MA
MavenvistaU24231GJ1985PTC007714
Procol Funding Details
Funding Highlights
Latest Funding Roundpre-Series A
Total Funding Raised₹86.59 Cr
No. of Investments Made0
Total No. of Acquisitions0
Lead Investors3
Investors
  • Surge, Blume Ventures, BEENEXT
Funding Details
TheKredible's detailed funding report contains info about Funding raised by the company along with Lead Investors, Investors, Shareholding Strcuture, and its Investments & Acquisitions.
₹799.00 ₹1,598.00
Funding History
TheKredible's 'Funding History' report provides deep insights of Funding with list of Lead Investors
₹399.00 ₹798.00
Funding Per Year
A Funding report of the company's overall funding on yearly basis, segregated by the team TheKredible.
₹199.00 ₹398.00
Procol Financial Details
Financial Highlights
FY 2023-24 Revenue₹9.05 Cr
FY 2023-24 Expenses₹24.44 Cr
FY 2023-24 Profit/Loss-₹15.39 Cr
Net Cash Flow From Operations-₹12.36 Cr
Full Financial Details
Detailed report containing info about Business Model, year-wise Financial Comparison, Ratio Analysis and detailed Revenue and Expense breakdowns.
₹799.00 ₹1,598.00
Financial Comparison
A detailed report of year-wise Financial Comparison of the company
₹430.00 ₹860.00
Revenue Breakdown
A report and breakdown of the company's year-wise revenue streams.
₹399.00 ₹798.00
Expense Breakdown
A report and breakdown of the company's year-wise expenditures.
₹399.00 ₹798.00
Shareholding Structure
Team at TheKredible has gone through several ROC filings and portrayed Shareholding Structure of the company.
₹499.00 ₹998.00
Financial Ratio
Analysis of Financial Ratios which gives quick insights about the company's profitability and capital efficiency.
₹199.00 ₹398.00
Procol Key People
People Metrics
Current Core Team2
Board Members/Directors2

Core Team

SM
Sumit MendirattaCo-Founder & CTO
GB
Gaurav BahetiCo-Founder & CEO

Board Members/Directors

SM
Sumit MendirattaDirector
GB
Gaurav BahetiDirector
Procol Documents

AY - 2018-19

Profit and Loss statement - Procol - 2018-19.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Procol for FY 2018-19.
₹249.00 ₹498.00
Balance Sheet - Procol - 2018-19.pdf
TheKredible's experts has summarized the Balance Sheet of Procol for FY 2018-19.
₹249.00 ₹498.00

AY - 2019-20

Profit and Loss statement - Procol - 2019-20.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Procol for FY 2019-20.
₹249.00 ₹498.00
Balance Sheet - Procol - 2019-20.pdf
TheKredible's experts has summarized the Balance Sheet of Procol for FY 2019-20.
₹249.00 ₹498.00

AY - 2020-21

Profit and Loss statement - Procol - 2020-21.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Procol for FY 2020-21.
₹249.00 ₹498.00
Balance Sheet - Procol - 2020-21.pdf
TheKredible's experts has summarized the Balance Sheet of Procol for FY 2020-21.
₹249.00 ₹498.00

AY - 2021-22

Profit and Loss statement - Procol - 2021-22.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Procol for FY 2021-22.
₹249.00 ₹498.00
Balance Sheet - Procol - 2021-22.pdf
TheKredible's experts has summarized the Balance Sheet of Procol for FY 2021-22.
₹249.00 ₹498.00

AY - 2022-23

Profit and loss statement - Procol - 2022-23.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Procol for FY 2022-23
₹249.00 ₹498.00
Balance sheet - Procol - 2022-23.pdf
TheKredible's experts has summarized the Balance Sheet of Procol for FY 2022-23
₹249.00 ₹498.00

AY - 2023-24

Profit and loss statement - Procol - 2023-24.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Procol for FY 2023-24
₹249.00 ₹498.00
Balance sheet - Procol - 2023-24.pdf
TheKredible's experts has summarized the Balance Sheet of Procol for FY 2023-24
₹249.00 ₹498.00

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