7 January, 2016, India: Dinesh Agarwal, Founder, Indiamart has backed up B2B marketplace startup ProcMart. In its recently concluded angel funding round, company has managed to raise an undisclosed amount from the business giant Dinesh Agarwal.
The company provides a platform that connects buyers and sellers with the help of an easy to use application. In order to add more weightage to the deal, it also provides its users to make comparisons, evaluate the products and many other such facilities which can make the deal worth buying for.
Anish Popli, Founder & CEO, ProcMart said, “B2B commerce is a very interesting and a complex space. There are a plethora of issues pertaining to buyer and supplier discovery, developing transparency and trust between the buyers and sellers, reducing the turnaround time per transaction, streamlining logistics, easy financing etc. and thus there are ample number of opportunities in this space. It makes us feel confident that Dinesh Agarwal was impressed about our idea, our approach, and our determination to solve the inconsistencies in this market.”