Prowrrap raises Rs 4 Crore in Seed funding round

B2B procurement startup Prowrrap has raised Rs 4 crore in a seed funding round led by Calance Software and angel investor Amit Govil, an IIT Varanasi alumnus. 

The startup aims to raise a Series A round within the next 18–24 months to boost its growth further.

The funds will be used to enhance technology for smarter procurement, expand distribution networks across India, and focus on quick commerce, fresh and natural produce (FnV), e-commerce, and MSME segments.

Read also- Ice cream maker Vadilal appoints Himanshu Kanwar as first non-family CEO

About Prowrrap 

Founded in January 2024 by brothers Sagar K. Saxena (IIM Lucknow, formerly with Swiggy) and Rishabh K. Saxena (IMT Ghaziabad, formerly with Bira91), Prowrrap is a design-to-distribution procurement platform that simplifies supply chain operations for MSMEs and fast-growing enterprises.

The company currently serves clients in tier-I and select tier-II cities and plans to expand to 25 cities by next fiscal year. Its unified platform addresses procurement challenges with speed, quality and cost efficiency, offering MSMEs and enterprises a dependable partner for scaling operations.

India’s packaging market is estimated at USD 101 billion and is expected to grow to USD 170 billion by 2030, while the global packaging market is valued at more than USD 1.18 trillion.

Advertisment

Want to go deeper into the world of startups and entrepreneurship? Check out these categories on VIESTORIES:

Latest Business and Startup News: Discover Funding Trends and Stories Shaping Indian Startups.

Startup Funding News: Your Gateway to Every Funding Update.

Latest Startup News: Stay updated with the latest startup news and trends. Your go-to source for startup ecosystem updates.

Startup Stories: Discover inspiring tales of startups overcoming challenges, and achieving success.