Funding · Enterprise Software & IT

1Buy.AI raises ₹32.5 crore to build AI operating system for electronics procurement

By Startup Enthusiast · 29 January 2026

What they do

1Buy.AI is an AI-first procurement platform helping electronics manufacturers reduce costs and manage supply chains

The startup raised ₹32.5 crore in a seed round led by 100Unicorns, with participation from Gruhas, Ashish Kacholia, and FJ Labs

The company plans to expand its product stack, scale its team, and enter international markets like the US and Europe

1Buy.AI, an AI-first procurement platform, raised ₹32.5 crore in a seed funding round led by 100Unicorns.
The round also saw participation from Gruhas, Ashish Kacholia, and FJ Labs, as well as some existing clients.
The startup is based in Delhi and aims to build an AI operating system for electronics procurement.
The company is targeting electronics manufacturers that manage complex supply chains and volatile component pricing.
1Buy.AI's platform helps procurement teams move from reactive, spreadsheet-driven purchasing to predictive and governed decision-making.
The company claims deployments can deliver 5% to 10% cost reductions within months.
The startup was founded by Nitin Jain, Visham Sikand, and Pradeep Paliwal, who are serial entrepreneurs with experience in building unicorn ventures.
1Buy.AI is positioning itself to address the under-digitized nature of electronics procurement, which is a board-level concern for many manufacturers.
The company plans to expand beyond India into the US, Europe, and Southeast Asia.

Electronics procurement is a critical but under-digitized function for manufacturers, with significant cost and risk implications.
The startup's platform is designed to integrate with existing ERP systems to improve efficiency and reduce costs.
The founders have a track record of building successful ventures, which adds credibility to the startup.

1Buy.AI provides an AI-driven platform for electronics manufacturers to improve procurement efficiency and manage supply chains.
The platform helps reduce procurement costs, track global supply chain risks, and monitor the lifecycle of electronic components.
The company's product is built on three pillars: 1Data (intelligence), 1Source (execution), and 1Xcess (liquidity).
1Data acts as a 'Bloomberg for Components,' providing global price benchmarks and risk alerts.
1Source is an 'Amazon for Procurement' layer that enables compliant sourcing from vetted suppliers.
1Xcess is a structured marketplace for manufacturers to monetize excess and obsolete inventory.
The startup currently works with around 15 clients in India across the automobile and consumer electronics sectors.
Clients collectively source components worth nearly ₹4,500 crore annually.
The company is in discussions with customers in the US and Israel.

Expand the product stack and invest in team building.
Scale sourcing engines to support clients.
Build 'global data pipes' to support international expansion across the US, Europe, and Southeast Asia.
Become the default operating system for electronics procurement.

Product: and cost-reduction platform
Customers: Electronics manufacturing companies and enterprises procuring electronics components.
How it makes money: Charges enterprises software subscriptions and liquidation or transaction fees for procurement workflows.
What sets it apart: Connects ERPs with AI to automate pricing gap analysis, alternative sourcing, and excess inventory liquidation.