BidAssist grows in smaller Indian cities
By Abha Lohia ·
- BidAssist is the AI-driven tender intelligence arm of SoftBank-backed OfBusiness, helping small firms find and assess bids
- Over 60% of its 1.7 million users sit in tier-II and tier-III cities, showing digital tools spreading beyond metros
- Each day it watches 50,000+ open tenders, with a searchable archive of 55 million past notices and outcomes
What happened
- 60%+ of users are outside big cities.
- User base stands at 1.7 million.
- Tracks 50,000+ live tenders daily.
Why it matters
- Small firms use digital tools more.
- Civil and construction tender value rose about 25%.
- Parent OfBusiness is IPO-bound.
The business
- BidAssist gathers government tenders.
- It helps judge eligibility and rivals.
Who put in money
- SoftBank Investor in parent OfBusiness
In numbers
1.7 millionUsers · 2026
Other articles talking about it
Terms in this story
- Tier-2 startups: A growing share of Indian startups now come from tier-2 and tier-3 cities and towns, helped by cheap data, lower costs and local problems that big-city founders do not see. Raising money and hiring senior talent remain the main hurdles.
All startup news on 16 October 2026 →
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