Aerchain, an AI Procurement Startup, Secures $13 Million Series A Funding Round Led by Pavestone VC

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Aerchain Secures $13M in Series A to Revolutionize AI Procurement

Aerchain Secures $13M in Series A to Revolutionize AI Procurement

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CNBC TV18•18-03-2026, 12:04

Aerchain Secures $13M in Series A to Revolutionize AI Procurement

•AI procurement startup Aerchain raised $13 million (₹118 crore) in Series A funding.
•Pavestone VC led the round, with IndiaMART and other investors participating.
•Funds will be used for global expansion and enhancing AI capabilities to transform procurement.
•Aerchain's platform automates the procurement lifecycle, from vendor discovery to payment tracking.
•The company aims to shift procurement teams from manual tasks to strategic functions, offering data-driven insights and cost optimization.

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