ContraVault AI Raises Rs 5.1 Cr In Seed Funding Led By Titan Capital

ContraVault AI, a Tender and RFP management platform has raised Rs 5.1 crore in a seed funding round led by Titan Capital.

The round also saw participation from notable investors including Rajiv Ahuja, Haresh Chawla, Jaswinder Ahuja, Dilipkumar Khandelwal, Abhishek Goyal and others. 

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The startup plans to use the funds to help ContraVault AI focus more on specific tender and RFP sectors to improve accuracy and relevance. It also plans to boost sales in India’s largely offline tender market and also aims to expand globally.

“There is a large, untapped opportunity at the intersection of tender management and AI, which we are solving for, and we are super excited to partner with Titan Capital to be able to do that for India and the world,” said Sayan Sen, CEO & Co-founder of ContraVault AI.

About ContraVault AI 

Founded in 2023 by Sayan Sen, Tanmay Juneja and Isha Juneja, ContraVault AI helps solve the common problems in tender management, which is often slow and error-prone due to manual work. 

Using advanced AI, it simplifies the process, reduces risks, and helps companies work faster and make better decisions.

The company helps improve workflows and decision-making in industries like EPC, energy, power, and IT.

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