Procol is an intelligent procurement platform designed to help enterprises digitize and streamline their procurement processes. Procol offers a cloud-based SaaS solution aimed at making procurement easier, more efficient, and cost-effective for large organizations.
The platform provides tools for automating procurement workflows, managing supplier relationships, and increasing transparency in enterprise purchasing. By focusing on ease of use and intelligent automation, Procol helps companies reduce manual effort, improve compliance, and gain better visibility into their procurement spend.
How Was Procol Started?
Procol was founded by Gaurav Baheti and Sumit Mendiratta, both of whom bring extensive experience from leading technology and startup companies. Gaurav Baheti, the Founder and CEO, previously worked at Google New York, Zomato, and iSPIRT, and is recognized as a Forbes 30 under 30 honoree. Sumit Mendiratta, Co-Founder and CTO, was part of the core team at OYO and has experience at Zomato, with a background in Computer Science from VIT. Their combined expertise in technology and high-growth startups shaped Procol's mission to digitize over $1 trillion in enterprise procurement spend.
Who Uses Procol?
Procol primarily serves large enterprises and organizations seeking to transform and modernize their procurement operations. Some notable customers include:
- Reliance
- VIP
- Havells
- Quippo
- Noon
- Hershey
- AMNS
- Aditya Birla
- Emami
This customer base reflects Procol's focus on major enterprises across diverse industries.
What Makes Procol Different?
Procol differentiates itself through its user-friendly and intelligent platform, which is designed to be easy to adopt for procurement teams. Backed by leading investors such as Peak XV Surge (formerly Sequoia India), Blume Ventures, and Beenext, Procol leverages advanced technology to automate complex procurement workflows and drive efficiency at scale.
For more details about their company and mission, you can visit their About page.
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