B2B marketplace ProcMart raises $30M Series B funding led by Nandan Nilekani's Fundamentum Partnership and Edelweiss Discovery Fund.

B2B marketplace ProcMart raises $30M in Series B funding led by Nandan Nilekani's Fundamentum Partnership and Edelweiss Discovery Fund. ProcMart specializes in supply chain solutions and has existing investors including Sixth Sense Ventures and IndiaMART. The company plans to utilize the funding for strategic acquisitions, expanding its distribution network in India and strengthening global operations in Southeast Asia.