IndiaMart-backed B2B procurement marketplace Procmart raises $10 Mn

MRO is a $650 Bn industry globally and $18 Bn in India, with growth outpacing that of the manufacturing sector. Sixth Sense Ventures’ backing to the B2B startup comes on the back of the belief that ProcMart can leverage the nascency of the unorganized and fragmented MRO market in India.