Logistics startup Procol secures $6 Mn+ to help digitise procurement processes
Image Credit: Inc42
Supply chain startup Procol has bagged $6.4 Mn (INR 51 Cr) in its Series A, equity financing round. GMO VenturePartners, Alarko Ventures, Esas Ventures, FounderBank Capital, Anchorage Capital and existing investors–Blume Ventures, Beenext, Sequoia Surge have participated in the round. Procol will use the raised capital to build and strengthen its procurement software as well as B2B marketplace.