Prowrrap: Leading B2B Procurement Platform for Packaging

Prowrrap is a B2B procurement platform based in Delhi that focuses on packaging materials, warehouse assets, and turnkey projects. Recently, it successfully raised Rs 4 crore in a Seed funding round, spearheaded by Calance Software Pvt Ltd and Amit Govil. The company is gearing up to initiate a Series A funding round within the next 18 to 24 months to further expedite its growth trajectory.

The funds will be utilised to enhance technological capabilities aimed at smarter procurement processes, expand distribution networks across India, and intensify efforts on quick commerce, fresh and natural produce (FnV), e-commerce, and MSMEs.

Company Overview and Vision

Founded in 2024 by siblings Sagar K. Saxena and Rishabh K. Saxena, Prowrrap functions as a design-to-distribution procurement platform, facilitating the simplification of supply chain operations for MSMEs and rapidly growing enterprises. Currently, Prowrrap serves clients across tier-I cities and selected tier-II locations, with plans to broaden its reach to 25 cities by the next fiscal year.

Solving Procurement Challenges

Prowrrap’s integrated platform aims to address procurement challenges by providing speed, quality, and cost-efficiency, making it a dependable partner for MSMEs and enterprises looking to scale their operations.

Market Potential

According to market research, India’s packaging market is currently valued at $101 billion and is projected to soar to $170 billion by 2030. Alongside this, sectors such as warehouse automation are anticipated to grow at a compound annual growth rate (CAGR) of 16%.