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§ Private Profile · Noida, India
Supplynote is a technology company.
Supplynote offers a cloud-based procurement management platform specifically designed for the food and beverage industry. The company’s core product streamlines and digitizes supply chain operations, enabling restaurants to automate purchasing, manage inventory, and track daily operational data efficiently. Its technical approach focuses on providing a centralized system that connects various points of the supply chain, enhancing transparency and control for its users.
The company was founded in 2019 by Kumar Kushang, Abhishek Verma, Nitin Prakash, and Harshit. The founders recognized a significant opportunity to modernize and digitalize the often-fragmented and inefficient supply chain processes prevalent within the restaurant sector. Their insight centered on building a comprehensive solution that would address these systemic challenges and introduce much-needed automation.
Supplynote primarily serves businesses across the restaurant and broader hospitality sectors. The company’s long-term vision is to empower these establishments with intelligent supply chain solutions that drive greater operational efficiency and reduce waste. It aims to transform how food businesses manage their procurement and inventory, contributing to more sustainable and profitable operations for its customers.
Supplynote has raised $3.6M across 3 funding rounds.
Supplynote has raised $3.6M in total across 3 funding rounds.
Supplynote has raised $3.6M across 3 funding rounds. Most recently, it raised $2.0M Series A in July 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jul 1, 2023 | $2M Series A | Venture Catalysts | Gokul Rajaram, DSP Family Office, L Catterton, Sattva Family Office, Soonicorn Ventures, SOSV, SucSEED Indovation Fund, Wells Fargo | Announced |
| Oct 1, 2021 | $1M Seed | Venture Catalysts | Riso Capital, Gokul Rajaram, Angelbay, Astor Management, DevX Innovation, Faad Network, Manjal Investments, Sarcha Advisors, SOSV, Sucseed Venture Partners | Announced |
| Oct 22, 2020 | $600K Venture Round | William BAO Bean | Angad Soni, Arjun Soni, Sunny Vohra, CIO Angel Network, Sucseed Venture Partners, Venture Catalysts | Announced |
Supplynote is a cloud-based procurement management platform designed for restaurants, hotels, and cafes, automating supply chain processes to eliminate middlemen, streamline purchasing, and optimize inventory.[1][2][3][5] It serves food and beverage businesses by solving procurement inefficiencies—such as manual ordering, inventory tracking, and supplier management—through features like real-time analytics, order history, payment processing, and integrations with tools like Zoho and Tally, ultimately boosting profit margins, reducing labor time, and digitizing operations.[1][3][5] With pricing starting at $300 per year and a mobile app for Android, Supplynote has shown growth momentum via $1.2 million in pre-Series A funding (total under $5 million across two rounds) and backing from investors like SOSV, operating from Noida, India, with around 50 employees and $10.5 million in revenue.[3][4]
Founded in 2015 in Noida, India, Supplynote emerged to address fragmented supply chains in the food service sector, providing a platform that digitizes procurement for restaurants and cafes.[2][4][5] The company was co-founded by a team including a CEO & Co-founder, Chief Technology Officer, and Chief People Officer, though specific names are not detailed in available records.[4] Early traction included raising under $5 million across two funding rounds, with a notable $1.2 million pre-Series A led by investors like SOSV, enabling expansion of its automation suite.[1][4] Pivotal moments feature strategic hires, such as former Del Monte Foods India CEO Yogesh Bellani joining the advisory board to bolster food and beverage expertise.[4]
Supplynote stands out in restaurant supply chain management through targeted features and usability:
Supplynote rides the wave of digital transformation in food service supply chains, where post-pandemic pressures for efficiency, cost control, and resilience amplify demand for automation amid rising food costs and labor shortages.[1][2] Timing aligns with global F&B digitization trends, particularly in emerging markets like India, where fragmented procurement hinders 70-80% of small restaurants; market forces like e-commerce growth and investor interest in climate tech/sustainability (via SOSV ties) favor its model.[1][4] It influences the ecosystem by enabling data-driven decisions for thousands of outlets, reducing waste, and fostering direct supplier ties, positioning it as a key enabler in a sector projected to grow via SaaS adoption.[3][5]
Supplynote is poised for expansion with its proven funding and revenue base, likely pursuing Series A to scale globally and enhance AI-driven forecasting amid rising restaurant tech adoption.[4] Trends like sustainable sourcing, hyperlocal supply networks, and POS integrations will shape its path, potentially evolving it into a full-stack F&B operations platform. As investor interest in supply chain resilience grows—exemplified by SOSV's climate tech focus—Supplynote could amplify its ecosystem impact, transforming procurement from a cost center to a profit driver for restaurants worldwide.[1][4]
Supplynote has raised $3.6M in total across 3 funding rounds.
Supplynote's investors include Venture Catalysts | India's First Integrated Incubator, Gokul Rajaram, DSP Family Office, L Catterton, Sattva Family Office, Soonicorn Ventures, SOSV, SucSEED Indovation Fund, Wells Fargo, RiSo Capital, AngelBay, Astor Management.