Archive · 30 Jul 2025
Procol's AI Procurement Platform Powers INR 1.5 Lakh Crore
Procol is a smart platform that uses AI to help companies buy things.
It handles a lot of money, over 1.5 lakh crore rupees.
It helps businesses buy supplies and services more efficiently.
Procol is growing fast, especially in the US.
They work with companies in different industries, like IT and restaurants.
Using Procol helps companies save money and time.
The company is planning to get even bigger by partnering with more businesses in the future.
It's like a smart shopping assistant for big companies.
Procol, an AI-based procurement platform, manages over INR 1.5 lakh crore of procurement.
The platform has expanded into international markets, especially the United States.
Procol serves over 150 enterprises across more than 10 countries in various industries.
Clients like Signature Global, Quippo Oil and Gas, and Emami have achieved significant improvements.
Procol aims to expand in the US and onboard more enterprise-level partnerships.
- Who
- Procol, an AI-based procurement platform, is the subject.
- What
- Procol, an AI-based procurement platform, is managing over INR 1.5 lakh crore worth of procurement.
- When
- The announcement was made on July 30, as the article says.
- Where
- Procol is expanding in the US and currently operates in more than 10 countries.
- Why
- Procol aims to streamline sourcing processes and achieve cost savings for enterprises.
- Company
- Procol
- Platform Type
- AI-based procurement platform
- Procurement Value Managed
- Over INR 1.5 lakh crore
- Number of Enterprises Served
- Over 150
- Countries Served
- More than 10
- Founder & CEO
- Gaurav Baheti