Company Intelligence Profile
Procureyard Technology Private Limited
ProcureYard is an AI-powered B2B raw-materials procurement platform for the Indian construction sector.
Last updated 17 August 2026
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
See what AICA knows about Procureyard Technology
Deeper analysis, financial signals and peer comparisons.
Company Identity
Confirmed| Registered name | Procureyard Technology Private Limited |
|---|---|
| CIN | U46620DL2023PTC416493 |
| PAN | AANCP8896R |
| Status | Active |
| Listing | Unlisted / Not listed (private limited company) |
| Incorporated | 03 July 2023 |
| ROC | RoC Delhi |
| Sector (NIC) |
|
| Registered address | House No A-56, Khasra No. 4008/2704/597, Floor 1st, ESI, West Delhi, New Delhi, Delhi, India – 110015 |
| Authorized capital | ₹5,00,000 (₹5 Lakh) — Tofler, Falconebiz agree |
| Paid-up capital | ₹1,26,000 (₹1.26 Lakh) approx — Tofler ("₹1.2 Lakh"), TheCompanyCheck ("₹1.26 Lakh"); confirmed (minor rounding difference) |
Business Overview
Confirmed- ProcureYard is an AI-powered B2B raw-materials procurement platform for the Indian construction sector
- It runs a digital marketplace for sourcing TMT steel, structural steel, flat steel, bitumen, aggregates, and wires/cables, using AI agents for supplier matching/negotiation, real-time pricing intelligence, and supply-chain/logistics tracking
- Claims a network of 500+ verified suppliers, 24/7 AI customer support, and a 98% on-time delivery rate
- Founded July 2023
- per the company's own site it reached profitability by March 2024 with ~$10M ARR, and grew to ~$37M ARR by March 2025 (~400% CAGR in FY25) — these growth/ARR figures are self-reported on procureyard.com and not independently verified
- Source: procureyard.com (official site)
Directors
Partial / conflictingFour directors, consistent across Falconebiz (with DINs) and Tofler/TheCompanyCheck (names/appointment dates only — DINs not shown on those two, so DINs are single-sourced/partial):
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Anshu Kandhari | 06716910 | - | 01 Sep 2023 |
| Somdutt (Parashar) | 10291115 | - | 26 Aug 2023 |
| Tushar Agarwal/Aggarwal | 10291129 | - | 26 Aug 2023 |
| Pankaj Bisht | 10291135 | - | 26 Aug 2023 |
Financials
Partial / conflictingLatest available (FY ending March 2025), per Falconebiz:
| Revenue band | ₹150–200 Crores (FY25) |
|---|---|
| Revenue growth | +248.92% YoY |
| EBITDA growth | +189.04% YoY |
| Net profit (PAT) growth | +183.15% YoY |
| Net worth growth | +47,934.75% YoY (extreme % likely reflects a very small prior-year base, e.g. post-incorporation) |
Exact absolute figures for revenue, EBITDA, PAT, net worth, and borrowings are locked behind paid access on both Falconebiz and TheCompanyCheck and could not be confirmed. Standalone vs consolidated basis not specified by source. Separately, procureyard.com (self-reported) claims ~$10M ARR by March 2024 and ~$37M ARR by March 2025 (~400% CAGR FY25) — directionally consistent with the >200% revenue growth reported by Falconebiz, but figures are not cross-verified against filed financials. Status: partial.
Funding
Partial / conflicting- Company website (procureyard.com) states a seed funding round was secured, with the timeline described inconsistently across pages fetched ("July 2024" on the About page narrative vs. an earlier fetch referencing "January 2024" with lead investor Powerhouse Ventures, amount ~$1.72M)
- Could not independently verify via Entrackr, Inc42, YourStory, or Tracxn — none of these returned matching articles/profile pages in this session
- Round name, exact date, amount, and investor list: partial/uncertain — only single-source (company's own site, with an internal date inconsistency) plus one earlier unconfirmed mention of Powerhouse Ventures/$1.72M that could not be re-verified against a second source in this pass
Charges / Loans
Partial / conflictingTwo sources conflict on charge details (reported, not reconciled):
| Falconebiz | United Bank of India — ₹9.0 Cr (1 loan); Tata Capital Limited — ₹6.0 Cr (1 loan) |
|---|---|
| TheCompanyCheck | Total open charges ₹26 Cr across three registered charges — ₹7 Cr (26 Nov 2025), ₹9 Cr (07 Jul 2025), ₹10 Cr (10 Feb 2025); lender category shown generically as "Others" (lender names not disclosed on free tier) |
Given the mismatch in lender names, amounts, and dates, charges data should be treated as a source conflict requiring reconciliation with a primary MCA charge filing before publishing as fact. Status: partial/conflicting.
Competitors
Partial / conflictingNamed peers in the AI-driven/digital B2B construction-materials and industrial procurement space in India (rough scale tags, not verified against filings):
- OfBusiness (large-scale, well-funded unicorn; steel/construction-material B2B marketplace + lending) — much larger scale
- Infra.Market (unicorn; construction materials B2B marketplace, manufacturing + distribution) — much larger scale
- Zetwerk (unicorn; broader manufacturing/procurement, adjacent segment) — much larger scale
- Moglix (large B2B industrial procurement platform) — larger scale
- BuildSupply/BuildMyInfra-type regional TMT/steel aggregators (smaller, regional players) — comparable/smaller scale
- Vendor-side steel/bitumen aggregator startups such as Solv (by Standard Chartered) in adjacent SME B2B procurement — comparable scale
this competitor set is Claude's categorical placement based on business-model similarity (construction raw-material B2B procurement/marketplace), not sourced from a single comparison document; treat as indicative, not a verified peer benchmark.
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