BharatTender is a private B2B procurement and tendering platform that enables businesses to discover verified vendors, conduct secure bidding, generate digital contracts, and execute escrow-backed transactions through a single digital workflow. The platform is designed to bring trust, transparency, and efficiency to private procurement in India using AI-driven vendor matching and structured procurement infrastructure.
Startup Description
BharatTender is building the trust infrastructure layer for private procurement in India. Today, most businesses still rely on fragmented offline processes, brokers, unverified suppliers, and unsecured advance payments for procurement. BharatTender solves this by creating a secure digital ecosystem where enterprises, SMEs, hospitals, manufacturers, and suppliers can manage end-to-end procurement workflows transparently.
The platform combines verified supplier onboarding, structured tender creation, sealed competitive bidding, escrow-backed payment protection, digital contracts, and AI-powered procurement intelligence into one unified system.
Product Screenshots
Business Model
BharatTender operates on a multi-layered revenue model built around procurement transactions and enterprise workflow infrastructure. The platform generates revenue through transaction fees charged on successful procurement orders and tenders executed through the platform.
In addition, BharatTender offers subscription-based premium tools such as advanced procurement analytics, AI-driven vendor matching, and enterprise workflow management features. The company also earns through vendor verification and compliance services for suppliers onboarding onto the platform.
As the platform scales, BharatTender plans to expand into embedded financial services including escrow-backed payments, invoice financing, working capital solutions, and procurement credit partnerships, creating additional recurring revenue streams.
Customers
based in
India, Middle East & North Africa
Business
Modal Type
Marketplace
Type of
Sales
B2B
Competitors
Major competitors:
IndiaMART, Moglix, Zetwerk, OfBusiness, SAP Ariba, and traditional offline procurement networks.
Teams
Rankit Singh
CEO
Sanyam Jain
COO
Anshul Kochar
CFO
Tell us a bit about how founding team knows
each other.
Rankit Singh and Sanyam Jain were roommates during their MBA at SIBM Pune, where they developed a strong understanding of operations, entrepreneurship, and procurement challenges. Rankit previously worked with Anshul Kochar at ClaimTherapist, where Anshul was the Founder . Through these experiences, the team built strong professional alignment across business, finance, operations, and technology, which later came together to build BharatTender.
Why did you decide to start this
company?
We saw private procurement in India still runs on unverified vendors and offline trust. BharatTender brings verified vendors, secure bidding, and transparent procurement workflows digitally.
Are all the founders full-time on this
project?
Yes
Looking for an
opportunity to invest in companies
like BharatTender.ai?
