Businesses are paying greater attention to the potential advantages that can be achieved by adopting more strategic approach to the Procurement Outsourcing Services and Procurement Digital Transformation. Owing to the need to manage complex procurement contracts, the demand for procurement services is gaining traction among small and mediumsized businesses globally. Deals involving contracts requires technical and strategic domain expertise and time to deliver, and hence procurement as a service is a popular choice among SMEs. As per a report by ResearchAndMarkets.com, the global procurement as a service market is expected to reach $10.29 billion by 2028 and is anticipated to expand at a CAGR of 8.2 percent from 2021 to 2028. Today, seven of the Top 15 players in the Global Market of Procurement as a Service Industry are operating and delivering from India. Under the shared service model, procurement as a service is being delivered from India, Central America, Southeast Asia, China and many other countries.
Our subscribers play a decisive role in finalization of our annual list of "Top 10 Procurement Startups - 2022" by recommending those which have served them with excellence and are praiseworthy. If you feel there is a company that deserves to be on our annual list, do write to us about them mentioning their value proposition.
Syed Kutboddin
Co-Founder & Marketing Head, BetterSupply
A full-fledged Digital Procurement Platform providing a complete procure-to-pay ecosystem that enables businesses to perform faster, smarter, and economical purchasing of all workplace and industrial needs
Anil Ramchandani
Founder, Genie Bazaar
A reliable procurement platform that is offering end-to- end digital solutions to address all needs of procurement managers and office administrators
Souvik Sengupta
Co-Founder, Infra.Market
An online procurement marketplace for a large variety of construction materials
Anish Popli
Founder & CEO, Procmart
A B2B marketplace that enables buyers to procure their products easily by bridging the gap between the buyers and sellers
Gaurav Baheti
Founder & CEO, Procol
Offers a procurement software that is flexible, user-friendly, cost-effective, enterprise-grade secure, and can be deployed in under seven days to optimise your procurement management
Siva Morisetti
CEO, Qwipo
A B2B marketplace platform where vendors can directly sell to business retailers, and customers can choose digital, cash for payments or the escrow payment system
Sanjul Gupta, Co-Founder & CEO
Majid Khan, Co-Founder & COO, Source2T
A Business Process Transformation, Automation and Digitization Company, with a specialized focus in the Procure-to-Pay segment
Rajesh Reddy
Co-Founder & CEO, Venwiz
A one-stop-shop for discovery, procurement, and execution of industrial services across Capex Projects, MRO, and Operations in the manufacturing industry
Vijay Bhasin
Director - Business Development, Virtuous Industries
Providing end-to-end sourcing solutions right from supplier identification, assessment, product and process validation, capacity assessment, production ramp-up, demand management, logistic management, and shipment tracking till delivery to destination
Anthony George
Managing Director, waas
One of the sourcing companies focusing on addressing IT Procurement for all business segments
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