COMPANY OVERVIEW

An end-to-end e-procurement platform for large enterprises to run their e-auctions and gain a significant cost advantage.

‍

PRODUCT IN FOCUS‍

The Aerchain platform digitises the entire procurement process providing comprehensive visibility, data and insights to silo-based systems across purchase requisitions, RFQs & quotes, order management, gate entry and store inward, returns and payments. Additionally, the e-bidding platform helps in obtaining competitive prices while the vendor intelligence (scoring model+ pre-screened vendors) helps in curating relevant vendors.‍

‍

FOUNDERS DETAILS‍

Harsha Kadimisetty, Co-founder & CEO, had co-founded SupplyBasics, an early stageB2B e-commerce platform for industrial purchases before starting Aerchain. Harsha is a Mechanical Engineer from Birla Institute of Technology and Science(BITS), Pilani

Himavanth Jasti,  Co-founder & CTO, comes with prior experience of working at SupplyBasics,  Belong and Practo. He is also a BITS Pilani alumnus. ‍

‍

REVENUE MODEL‍

The startup follows an Enterprise SaaS model. The pricing model depends on the size of the client, number of users on the platform and the combination of modules and features they opt for in the platform.‍

‍

TRACTION‍

The startup counts businesses across segments like WeWork, 91Springboard, PNC Infratech, Colive etc. as its key customers. It has also got funding from Telama investments.