710
2 months ago
1Buy.AI Nets INR 33 Cr To Help Enterprises Procure Electronics Components
Summary
D2CX by Inc42 is a 12-week hands-on program to help you level up your D2C game. Learn from India's top 1% D2C founders and experts through actionable insights, proven strategies and tactics on how to 10X your D2C brand.
ManagementX by Inc42 – India’s first Startup Management Program is a 6-month hands-on program that will take you on an intense journey that shatters the outdated “employee mindset” and equips you with the “leader mindset”.
D2CX Foundations by Inc42 is a 6 week hands-on program to help you launch your D2C brand successfully and profitably. Learn from India’s top 1% of D2C founders & experts through actionable insights, proven strategies and tactics on how to launch a successful D2C Brand in 6 weeks.
Stay ahead with the latest news, funding, startup financials, & governments policies on the hottest tech industries in the Indian startup ecosystem.
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Stay ahead with the latest news, funding, startup financials, & governments policies on the hottest tech industries in the Indian startup ecosystem.
Get featured, partner or work with India's #1 startup media & intelligence platform and explore what else Inc42 has to offer.
D2CX by Inc42 is a 12-week hands-on program to help you level up your D2C game. Learn from India's top 1% D2C founders and experts through actionable insights, proven strategies and tactics on how to 10X your D2C brand.
ManagementX by Inc42 – India’s first Startup Management Program is a 6-month hands-on program that will take you on an intense journey that shatters the outdated “employee mindset” and equips you with the “leader mindset”.
D2CX Foundations by Inc42 is a 6 week hands-on program to help you launch your D2C brand successfully and profitably. Learn from India’s top 1% of D2C founders & experts through actionable insights, proven strategies and tactics on how to launch a successful D2C Brand in 6 weeks.
The funding round was led by 100 Unicorns, with participation from Gruhas, US-based FJ Labs, ace investor Ashish Kacholia, and other marquee investors, including existing customers
Founded in 2023 by Paliwal, Vibhanshu Ahluwalia and Chandni Trehan Sikand, 1Buy.AI operates in the electronics components supply chain
The Delhi NCR-based startup claimed that several of the country’s largest electronics players are its customers, without disclosing their names
AI-powered procurement tech startup 1Buy.AI has secured INR 32.5 Cr ($3.5 Mn) in a seed funding round led by 100 Unicorns, with participation from Gruhas, US-based FJ Labs, ace investor Ashish Kacholia, and other marquee investors, including existing customers.
“This capital allows us to accelerate the development of our compliant, scalable SaaS platform and expand our global data pipes, transforming how enterprises manage cost, risk, and resilience in their supply chains,” 1Buy.AI cofounder Pradeep Paliwal said.
Founded in 2023 by Paliwal, Visham Sikand and Nitin Jain, and later joined by Jaspreet Bhatia, 1Buy.AI operates in the electronics components supply chain. It provides services such as procurement of new electronics components, bill of materials optimisation, and excess inventory liquidation via its AI-powered platform.
Enterprises can connect their ERP with 1Buy.AI’s platform or upload their bill of materials, following which AI analyses pricing gaps, provides alternatives and highlights saving opportunities automatically. Following this, customers can renegotiate with their suppliers or choose new suppliers via 1Buy.AI.
The platform has three key segments:
1Data: It is an AI-powered cost reduction and intelligence layer
1Source: It is as an end-to-end sourcing platform
1Xcess: It is a structured marketplace where enterprises can liquidate excess and obsolete inventory.
The Delhi NCR-based startup claimed that several of the country’s largest electronics players are its customers, without disclosing their names.
“Our first two clients were amongst the biggest players in the country and they started saving costs in millions within weeks of signing-up. We have increased business by more than 10 times with them and they have come as investors in this round,” Sikand said.
With the Indian AI market projected to reach $126 Bn by 2030, investors are narrowing their focus on backing startups that leverage AI to enhance their service offerings. As of late 2025, more than 150 Indian startups have launched AI-first products across generative AI, voice, conversational systems, and more areas.
AI-powered startups have over $1.5 Bn in 2025 alone. Earlier this week, B2B fintech startup Mysa raised $3.4 Mn (around INR 31.2 Cr ) to strengthen its AI capabilities and banking product offerings.
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ManagementX by Inc42 – India’s first Startup Management Program is a 6-month hands-on program that will take you on an intense journey that shatters the outdated “employee mindset” and equips you with the “leader mindset”.
D2CX Foundations by Inc42 is a 6 week hands-on program to help you launch your D2C brand successfully and profitably. Learn from India’s top 1% of D2C founders & experts through actionable insights, proven strategies and tactics on how to launch a successful D2C Brand in 6 weeks.
Stay ahead with the latest news, funding, startup financials, & governments policies on the hottest tech industries in the Indian startup ecosystem.
Get featured, partner or work with India's #1 startup media & intelligence platform and explore what else Inc42 has to offer.
Stay ahead with the latest news, funding, startup financials, & governments policies on the hottest tech industries in the Indian startup ecosystem.
Get featured, partner or work with India's #1 startup media & intelligence platform and explore what else Inc42 has to offer.
D2CX by Inc42 is a 12-week hands-on program to help you level up your D2C game. Learn from India's top 1% D2C founders and experts through actionable insights, proven strategies and tactics on how to 10X your D2C brand.
ManagementX by Inc42 – India’s first Startup Management Program is a 6-month hands-on program that will take you on an intense journey that shatters the outdated “employee mindset” and equips you with the “leader mindset”.
D2CX Foundations by Inc42 is a 6 week hands-on program to help you launch your D2C brand successfully and profitably. Learn from India’s top 1% of D2C founders & experts through actionable insights, proven strategies and tactics on how to launch a successful D2C Brand in 6 weeks.
The funding round was led by 100 Unicorns, with participation from Gruhas, US-based FJ Labs, ace investor Ashish Kacholia, and other marquee investors, including existing customers
Founded in 2023 by Paliwal, Vibhanshu Ahluwalia and Chandni Trehan Sikand, 1Buy.AI operates in the electronics components supply chain
The Delhi NCR-based startup claimed that several of the country’s largest electronics players are its customers, without disclosing their names
AI-powered procurement tech startup 1Buy.AI has secured INR 32.5 Cr ($3.5 Mn) in a seed funding round led by 100 Unicorns, with participation from Gruhas, US-based FJ Labs, ace investor Ashish Kacholia, and other marquee investors, including existing customers.
“This capital allows us to accelerate the development of our compliant, scalable SaaS platform and expand our global data pipes, transforming how enterprises manage cost, risk, and resilience in their supply chains,” 1Buy.AI cofounder Pradeep Paliwal said.
Founded in 2023 by Paliwal, Visham Sikand and Nitin Jain, and later joined by Jaspreet Bhatia, 1Buy.AI operates in the electronics components supply chain. It provides services such as procurement of new electronics components, bill of materials optimisation, and excess inventory liquidation via its AI-powered platform.
Enterprises can connect their ERP with 1Buy.AI’s platform or upload their bill of materials, following which AI analyses pricing gaps, provides alternatives and highlights saving opportunities automatically. Following this, customers can renegotiate with their suppliers or choose new suppliers via 1Buy.AI.
The platform has three key segments:
1Data: It is an AI-powered cost reduction and intelligence layer
1Source: It is as an end-to-end sourcing platform
1Xcess: It is a structured marketplace where enterprises can liquidate excess and obsolete inventory.
The Delhi NCR-based startup claimed that several of the country’s largest electronics players are its customers, without disclosing their names.
“Our first two clients were amongst the biggest players in the country and they started saving costs in millions within weeks of signing-up. We have increased business by more than 10 times with them and they have come as investors in this round,” Sikand said.
With the Indian AI market projected to reach $126 Bn by 2030, investors are narrowing their focus on backing startups that leverage AI to enhance their service offerings. As of late 2025, more than 150 Indian startups have launched AI-first products across generative AI, voice, conversational systems, and more areas.
AI-powered startups have over $1.5 Bn in 2025 alone. Earlier this week, B2B fintech startup Mysa raised $3.4 Mn (around INR 31.2 Cr ) to strengthen its AI capabilities and banking product offerings.
Unlock special offers and join 10,000+ founders, investors & operators staying ahead in India’s startup economy.
Unleash your potential by exploring unlimited articles, trackers, and playbooks. Identify the
hottest startup deals, supercharge your innovation projects, and stay updated with expert
curation.
Empower yourself with comprehensive playbooks, expert analysis, and invaluable insights. Learn
to validate ideas, acquire customers, secure funding, and navigate the journey to startup
success.
Access 75+ in-depth reports on frontier industries. Gain exclusive market intelligence,
understand market landscapes, and decode emerging trends to make informed decisions.
Stay ahead with startup and funding trackers. Analyse investment strategies, profile successful
investors, and keep track of upcoming funds, accelerators, and more.
Join a community of 10,000+ leaders & operators – unlock unlimited access to Inc42 stories,
videos, deals, member-only perks, and more.
Unlock unlimited access to 500+ monthly new stories and Inc42’s complete archive of
40,000+ stories.
Unlock unlimited access to 500+ monthly new stories and Inc42’s complete archive of
40,000+ stories.
Over $250,000 worth deals on software & tools to help your business scale up.
Network with industry leaders & operators with exclusive invites to Inc42’s
member-only virtual events
Enjoy an ad-free and clutter-free
experience as a member, focus on
what really matters to you
Your contribution will go on to
support and empower our unbiased
& data-driven journalism
Join 1000's of entrepreneurs, business leaders & makers and stay ahead with our sharp,
incisive & data-driven analysis on India’s tech and startup economy!
Unlock personalised stories, ad-lite reading, and exclusive newsletters on Inc42.
Tired Of Playing Catchup On Indian Tech?
Stay Ahead. Every Morning at 8
Get The Week’s Most Consequential Developments.
Inc42 In-Depth is your daily 9 PM newsletter with sharp insights from India’s startup economy.
Inc42 Moneyball is your Thursday newsletter on India’s venture capital trends. 4 PM sharp.
Inc42 Markets is your weekly newsletter on tech IPOs & startup stocks. Every Sunday
get access to a list of 200+ family offices betting big on startups
Get access to a list of Alma Mater Of India's Unicorn & Soonicorn Founders
Login or create a free account to continue reading in private mode.
AI Description
['1. 2CX has secured $32.5M in a seed funding round led by 100Gru, with participation from 100Unicorns, with participation from 100Gru, and others.', '2CX Foundations by Inc.42 is a 6 week hands-on program that will take you on an intense journey that shatters the outdated “employee mindset” and equips you with the “leader mindset”.']