BharatTender Secures Rs 1.25 Crore in Pre-Seed Funding

BharatTender, a B2B procurement technology platform, has raised Rs 1.25 crore in a pre-seed funding round from an angel investor. The funding will be directed towards accelerating product development, enhancing customer acquisition, and implementing AI-powered procurement features, as stated in a press release.

Founded in 2025 by Rankit Singh, Sanyam Jain, and Anshul Kochar, BharatTender.ai serves as a B2B procurement marketplace designed to assist businesses in sourcing products and services from verified vendors. The platform facilitates competitive bidding, digital contracts, and escrow-supported payments. BharatTender aims to digitise procurement processes and optimise sourcing workflows for businesses.

Transforming Procurement for Private-Sector Businesses

BharatTender is focused on creating a comprehensive procurement platform tailored to the needs of private-sector companies. This includes features for tendering, supplier discovery, payment management, and procurement tools.

Challenges Faced by Businesses

Many businesses typically depend on phone calls, WhatsApp, spreadsheets, and personal vendor relationships to acquire products and services. This results in limited price discovery and disjointed procurement workflows. BharatTender is addressing these issues by establishing a structured procurement marketplace.

Digital Management of Procurement Lifecycle

The platform allows businesses to digitally oversee the entire procurement lifecycle. This includes initiating tenders, onboarding vendors, receiving bids, executing digitally-signed contracts, and managing escrow-backed payments. The company reports that the platform is currently operational and caters to startups, manufacturers, and enterprises.