CNN Central News & Network–ITDC India Epress/ITDC News Bhopal: Caret Capital,a sustainability fund that invests across Mobility, Distribution and Employment,has invested in Kolkata-based startup SuperProcure.
Started in July 2017 by Anup Agarwal and Manisha Sharaf, SuperProcure is a real-time Transport Management System (TMS) and collaborative platform for manufacturing and infrastructure companies. It has evolved from a freight e-negotiation product to an end-to-end logistics and supply chain platform to enable shippers digitise their manual transport management process.
According to Prajakt Raut and Pankaj Bansal, Co-founders and Managing Partners of Caret Capital, “Logistics process automation is a source of competitive advantage for enterprises. Companies recognise that traditional methods of managing enterprise transport requirements are just not relevant for today’s market dynamics and are fast adopting TMS. Given this, SuperProcure’s value proposition has strong tailwinds. They have several large marquee enterprises as their clients, which they have won despite competition from some of the most popular TMS systems globally.”
SuperProcure provides enterprises with instant digitisation of their current manual transport management process. Even if the enterprises have ERPs and TMS, the interactions with over 22 stakeholders involved in the logistics processes are outside the enterprise tech. In such a scenario, SuperProcure’s product provides comprehensive modules for every process, workflow & decision point involved in the transport management activity.
