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Funding · Enterprise Software & IT

BharatTender raises ₹1.25 crore pre-seed funding

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Date
Company
BharatTender
What it does
B2B procurement technology platform
Kind
Funding
Amount
₹1.25 Crore
Stage
pre-seed
Founded
2025
Sector
Enterprise Software & IT

What they do

BharatTender is a digital marketplace for private-sector sourcing and procurement

What happened

It raised ₹1.25 crore in pre-seed funding from an undisclosed angel investor

Why it matters

The platform aims to bring GeM-like transparency to private procurement

The details

  • BharatTender raised ₹1.25 Crore in pre-seed funding.
  • The investment came from an undisclosed angel investor.
  • The company will use the funds for product development and customer acquisition.
  • It will also expand its supplier network and roll out AI-powered tender evaluation tools.
  • BharatTender plans pilot deployments with anchor clients.
  • It is in discussions with large enterprises for strategic partnerships.

The bigger picture

  • Private-sector procurement today relies on informal channels like phone calls and spreadsheets.
  • This leads to limited price discovery, inefficiency, and risks.
  • BharatTender aims to bring transparency similar to GeM to private procurement.
  • The B2B procurement tech sector is growing as industries digitize supply chains.

About the business

  • BharatTender is a B2B procurement technology platform.
  • It operates a digital marketplace for private-sector sourcing.
  • The platform offers centralized tender issuance and verified vendor onboarding.
  • It supports sealed competitive bidding and digital contract execution.
  • Payments are managed through an escrow-backed system.
  • Target customers include startups, manufacturers, and enterprises.
  • The platform has onboarded over 50 businesses and 200 suppliers.
  • Customers report procurement cycle times reduced by 3x.
  • They also achieve sourcing savings of 10-15%.

What happens next

  • Use funds for product development and customer acquisition.
  • Expand the supplier network.
  • Roll out AI-powered tender evaluation tools.
  • Conduct pilot deployments with anchor clients.
  • Pursue strategic partnerships with large enterprises.

The deal

Type
pre-seed

Investors

  • Undisclosed angel investor (lead)

Founders

  • Rankit Singh, Co-founder & CEO
  • Sanyam Jain, Co-founder
  • Anshul Kochar, Co-founder

About BharatTender

Product
Digital procurement marketplace for managing tenders, vendor discovery, competitive bidding, and contracts
Customers
Large enterprises and corporations managing complex procurement processes
How it makes money
B2B procurement platform with transaction-based and subscription revenue
What sets it apart
Structured private tender marketplace with AI-powered procurement capabilities and escrow-backed payments

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