RePut.ai, a Bengaluru-based B2B SaaS startup founded by Anuj Bishnoi, co-founder of BigBasket-acquired Morning Cart, has officially come out of stealth mode and announced raising close to $1 million (₹8.6 crore) in a pre-seed funding round led by GrowthCap Ventures, as exclusively reported by Inc42.
The round also included investments from notable angel investors, including Vipul Parekh, co-founder of BigBasket, Abhijeet Kumar of TableSprint, and Vishal Jain, a partner at Deloitte India.
The startup plans to utilize the capital to bolster its technological capabilities, recruit talent, and expand its operations to international markets.
Founded in April 2024 by Anuj Bishnoi, Rohit Mahatma, and Amit Bishnoi, RePut.ai offers a B2B SaaS platform designed to improve supply chain management by leveraging artificial intelligence and blockchain technology.
The platform enables businesses to track product procurement, monitor supplier activity through detailed watchlists, and access real-time analytics for better decision-making.
A distinguishing feature of RePut.ai is its ability to assist companies in tracking carbon emissions throughout the supply chain, providing a unique focus on sustainability.
Additionally, the platform offers access to a verified recycling network to promote eco-friendly practices.