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ProcMart raises $30 mn led by Fundamentum

Bengaluru: ProcMart, an online B2B marketplace focused on supply chain solutions, has secured $30 million in funding. The investment was led by Fundamentum Partnership, a VC fund founded by Infosys cofounder Nandan Nilekani and Sanjeev Aggarwal, along with the Edelweiss Discovery Fund. Paramark Ventures from South Korea also participated in the round, joining existing investors such as Sixth Sense Ventures and IndiaMART.The funds raised will be utilised by ProcMart to pursue strategic acquisitio...

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