Bob eProcure raised Rs. 10 crores as part of its pre Series A fund raise from few select angel investors. IMAP India advised the company in its fund raise.
About Bob eprocure is a software company offering cloud based procurement software – “Effigo”. They provide corporate clients with comprehensive & unified solutions through product & services in sourcing, procurement, spend management and end to end supply chain capabilities. The company is led by its founder Venkat Raju who has 18+ years of experience in Strategic Planning, Information Management, Product Development, and Marketing. The company already has some marquee enterprise names in the Indian market as its clients. They are also working on various inbound leads from clients outside India. This funds will help company expand it marketing efforts and win more clients in India and abroad. This fund will help the company scale to next level where it will be ready to raise further capital for global expansion.
