“This strategic move into manufacturing represents a transformative leap in our journey to revolutionise B2B procurement in India. Backward integration into packaging production enables direct control over quality and timelines.” Anish Popli, Founder & CEO, ProcMart
“This acquisition is a crucial stepping stone towards our vision of becoming a one-stop procurement solution for enterprises by establishing our footprint across all major industrial hubs in India.” Sachin Jain, Chief Financial & Strategy Officer, ProcMart
ProcMart, one of India’s leading B2B marketplaces for indirect procurement solutions, has announced the acquisition of a state-of-the-art corrugated box manufacturing facility in Chhatrapati Sambhajinagar (erstwhile Aurangabad), Maharashtra. This milestone acquisition marks ProcMart’s first manufacturing investment and significantly enhances the company’s capabilities in the packaging segment.
The newly acquired facility, established in 2015, has now commenced operations under the ProcMart Packaging banner and currently generates an annual revenue of ₹25 crore. With a robust monthly production capacity of 1,000 metric tons and staffed by over 50 skilled employees, the plant is equipped with both fully automatic and semi-automatic manufacturing technologies to serve ProcMart’s expanding clientele across pharmaceuticals, FMCG, automotive, and consumer durables sectors. This acquisition aligns perfectly with ProcMart’s sustainability initiatives, as the facility utilises biofuel-powered boilers for machine operations. This integration of eco-friendly practices reinforces ProcMart’s commitment to helping its Fortune 500 clients achieve their carbon neutrality goals through environmentally responsible procurement solutions.
Commenting on the acquisition, Anish Popli, Founder & CEO, ProcMart said, “This strategic move into manufacturing represents a transformative leap in our journey to revolutionise B2B procurement in India. Backward integration into packaging production enables direct control over quality and timelines. This facility establishes our blueprint for vertical integration across other product categories and positions ProcMart as a comprehensive procurement partner. As manufacturing enterprises continue to seek streamlined procurement solutions, we’re building the infrastructure to meet their needs across the entire spectrum of indirect materials.”
The company plans additional investments to scale the facility’s production capacity to 2,500 metric tons per month, which would unlock up to US$ 150 million in additional annual sales potential. This expansion is projected to achieve 100% year-over-year growth in the first two years, followed by 50-60% growth in subsequent years.
Further, Sachin Jain, Chief Financial & Strategy Officer, ProcMart, added: “With the addition of our dedicated manufacturing packaging plant, ProcMart is set to achieve new benchmarks in procurement by delivering high-quality solutions. This acquisition is a crucial stepping stone towards our vision of becoming a one-stop procurement solution for enterprises by establishing our footprint across all major industrial hubs in India. This integration enables us to provide even greater control, efficiency, and value to our clients under one roof, while strengthening our position in the trillion-dollar Indian B2B market.”
The Chhatrapati Sambhajinagar facility acquisition supports ProcMart’s expansion into biofuels and sustainable packaging, complementing its existing procurement solutions in the $30 billion MRO segment. Strategically located in one of India’s key industrial belts, this plant will directly cater to ProcMart’s extensive client base in the Chhatrapati Sambhajinagar-Pune-Mumbai corridor and across Maharashtra, significantly reducing delivery times and logistics costs. ProcMart currently serves a distinguished client roster that includes 50% Fortune 500 companies who increasingly prioritize sustainability in their supply chains. This manufacturing footprint enhances the company’s ability to deliver end-to-end packaging solutions while maintaining strict quality control and meeting environmental standards. Looking ahead, ProcMart plans to deepen its presence across critical industries such as MRO, biofuel, utility services, and non-specialty chemicals.
About ProcMart: ProcMart is one of India’s leading B2B marketplaces for indirect procurement solutions. The company’s mission is to provide an ecosystem that connects a variety of stakeholders through an easy-to-use interface to meet demands across various levels of the supply chain and help procurement for the corporates. Founded in 2015, ProcMart acts as an aggregator, assisting businesses in selecting the best procurement technology solutions for their needs.