Funding · Enterprise Software & IT
BharatTender raises ₹1.25 crore pre-seed funding
By Startup Enthusiast ·
- 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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