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Aerchain Raises $13 Million Series A to Scale AI-Native Procurement Platform

By , Funding & Deals Editor4 min read
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Aerchain AI procurement platform dashboard for enterprise automation

Bengaluru-based AI procurement startup Aerchain has raised $13 million in Series A funding led by Pavestone VC with participation from IndiaMART, to scale its agentic AI platform for enterprise procurement.

Key Facts

Key facts: Aerchain Raises $13 Million Series A to Scale AI-Native Procurement Platform
DetailValue
Deal size$13 M
StageSeries A
Lead investorPavestone VC
HeadquartersBengaluru, India
SectorAerchain
CoverageStartup Funding

AI-native enterprise procurement platform Aerchain has raised $13 million (₹118 crore) in a Series A funding round led by Pavestone VC, with participation from IndiaMART and other investors.


About Aerchain


Company Profile:

  • Founded in Bengaluru, focused on enterprise procurement
  • Develops agentic AI platform that automates procurement workflows
  • Previously raised $3 million in pre-Series A from IndiaMART and Season Two Ventures
  • Serves mid-market and large enterprises across India

  • Funding Details


    Series A Round:

  • Amount: $13 million (₹118 crore)
  • Lead Investor: Pavestone VC
  • Participating: IndiaMART, existing investors
  • Total funding to date: ~$16 million

  • Product & Technology


    AI-Native Procurement:

  • Uses agentic AI to automate end-to-end procurement
  • Handles vendor discovery, RFQ management, and negotiations
  • Predictive analytics for spend optimization
  • Integration with existing ERP and finance systems

  • Use of Funds


  • Expand AI capabilities and agent automation
  • Scale go-to-market across India and international markets
  • Hire engineering and sales talent
  • Build deeper integrations with enterprise software

  • *The funding signals growing investor confidence in AI-powered B2B SaaS solutions in India.*

    aerchainseries aai procurementpavestone vcindiamartenterprise saas

    Reported by Rohit Menon. Spotted an error in this story? Request a correction or email corrections@startupory.com. See our editorial policy.

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