This Friday, we're unpacking The State of Procurement in India. AI adoption. Compensation benchmarks. Real trends, not predictions. Want in early? DM us.
About us
AI-native Procurement Platform Procol is a Series A funded SaaS startup backed by Peak XV Surge (previously Sequoia India), Blume Ventures, Beenext etc, founded by a team of Google New York, Zomato, OYO alumni - with the mission to digitise $1T+ enterprise procurement spend.
- Website
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https://procol.ai
External link for Procol
- Industry
- Software Development
- Company size
- 51-200 employees
- Headquarters
- New York, NY
- Type
- Privately Held
- Specialties
- purchasing, procurement, sourcing, strategic sourcing, supply chain, finance transformation, procurement transformation, and source to pay
Products
![Click here to view Procol]()
Procol
Procurement Software
Procol is India's fastest growing procurement technology company. Procol's solutions are live at many $100m+ enterprises helping reduce costs upto 10%, automate sourcing process, improve procurement visibility and audit compliance. Founded in 2018, Procol has conducted over 50,000+ successful sourcing events and is rated 4.9/5 ⭐️ by top enterprises on G2.
Locations
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Primary
Get directions
415 Lexington Ave
New York, NY 10017, US
Employees at Procol
Updates
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60 seconds with Sanjeev Sharma, CIO of VIP Industries Limited, at ETCIO. A quick but sharp take on where enterprise technology goes from here. #AgentsofProcol Pravina Bhambra
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CIOs. CFOs. CPOs. In the same room, for the first time in India. Not on separate panels, talking about each other's worlds. Together, in one room, shaping decisions that usually happen in isolation. On 10th September, Gurugram, that room opens. One Nexus. Thousand Possibilities. 🔗https://lnkd.in/gJVQs29V #ProcolNexus
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Procol reposted this
In uncertain markets, most companies cut costs. The best ones make procurement a profit engine. I wrote for @Economic Times on why strategic procurement is no longer a back-office function, it’s where margin, resilience, and speed get decided. When every dollar of savings flows straight to the bottom line, the CPO becomes as critical as the CFO. My full piece 👇 https://lnkd.in/gmqG7Mbh
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Multi-agent AI just entered Gartner's Procurement Hype Cycle. Procol is the vendor they pointed to. Specialized agents, working together, running intake, sourcing, negotiations, approvals, accounts payable, and spend management, not someday. Now. #AgentsofProcol https://lnkd.in/eD8bd86V
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The insights procurement leaders have been asking for: trends, salaries, AI adoption, and benchmarks, all in one place. Dropping soon. DM us for early access. 🌍 #AgentsofProcol
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Some things aren't meant to stay separate. Procurement. Finance. Technology. One room. One stage. One Nexus. #AgentsOfProcol #Nexus
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60 seconds with Vinay Joshi, Head of Digital Transformation at Voltas. Most enterprises adopt tech. Fewer plan for it. His view on getting both right. Pravina Bhambra #AgentsofProcol
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Great teams don’t depend on one player; they rely on everyone playing their part. Procurement is no different. Clara brings together a team of AI agents for intake, sourcing, supplier operations, accounts payable, spend intelligence, and more, each purpose-built for a specific responsibility but trained to work as one to help transform your procurement. #AgentsOfProcol
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60 seconds with Umesh Mittal, CIO of Everest Spices, at ETCIO. His take on the tech shaping the next era of enterprise is worth watching. #AgentsofProcol