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ProcureYard provides AI-powered procurement software for construction materials.
ProcureYard provides procurement software for construction materials such as aggregates, bitumen, wires and cables, and steel. Its platform automates negotiations, paperwork, and payments for construction businesses. Founded in 2023 in Haryana, India, it was co-founded by Anshu Kandhari, Pankaj Bisht, Somdutt Parashar, and Tushar Aggarwal. In January 2025, it raised USD 1.72 million in seed funding led by Powerhouse Ventures, with 2 a.m. Ventures and Java Capital participating.
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