Procurify Raises $4 Million from Nexus Venture Partners, Others – Live Mint

Procurify raises $4 million from Nexus Venture Partners, others

by: Sadhana Chathurvedula

Article originally published on July 23, 2015 on Live Mint

Bengaluru: Canadian software start-up Procurify has raised $4 million in seed funding from India-based venture capital firm Nexus Venture Partners, Berlin-based Point Nine Capital, and the Business Development Bank of Canada (BDC).
The start-up, which has clients in 58 countries, will use the fresh capital to invest more in sales, marketing and product development. It helps companies manage their direct and indirect spending better.
“Procurify is re-imagining enterprise spend management for the mobile era,” Jishnu Bhattacharjee, managing director at Nexus Venture Partners, said in a statement.