Ai · Saas · Enterprise
Procol
Procol is an AI-powered procurement platform that automates the full source-to-pay lifecycle - intake, strategic sourcing, eAuctions, supplier management, and spend analytics - for enterprise procurement and finance teams. Founded in 2018 by Gaurav Baheti and Sumit Mendiratta, the company pairs autonomous AI agents with white-glove service to help large enterprises cut procurement cycle times and unlock cost savings. Procol says it serves 200+ enterprises managing over $20B in spend, including IKEA, Hershey's, Havells, Emami, and the Tata Group.