1Buy.ai Is Rewriting the Rules of Electronics Procurement with AI — Inside Its ₹32.5 Cr Seed Funding and Global Ambitions

From spreadsheets to predictive intelligence, 1Buy.ai is turning procurement into a strategic growth lever.

Introduction: Why Procurement Is Ripe for Disruption

For decades, procurement has remained one of the most critical yet least transformed enterprise functions. Despite managing billions of dollars in spend, most procurement teams in electronics manufacturing still rely on fragmented data, manual processes, and reactive decision-making. In an era defined by supply-chain shocks, volatile component pricing, and global uncertainty, this outdated approach has become a serious competitive risk.

This is where 1Buy.ai, a Delhi-based AI-first procurement technology startup, is stepping in — with ambition, capital, and a deeply differentiated product vision.

In January 2026, 1Buy.ai announced a ₹32.5 crore (approximately $3.9 million) seed funding round, led by early-stage venture firm 100Unicorns, with participation from Gruhas (co-founded by Nikhil Kamath and Abhijeet Pai), Ashish Kacholia, US-based FJ Labs, and several strategic industry participants. The round, according to people familiar with the deal, was significantly oversubscribed, reflecting strong investor confidence in the company’s technology and founding team.

More than just a funding milestone, the round signals a growing belief that AI-driven procurement is no longer optional — it is inevitable.

What Is 1Buy.ai?

Founded in 2023, 1Buy.ai is an AI-powered procurement and cost-intelligence platform purpose-built for the global electronics supply chain. The company focuses on helping enterprises reduce sourcing costs, manage supply-chain risks, and unlock trapped working capital — all through a single, integrated AI platform.

At its core, 1Buy.ai is designed to solve one fundamental problem:

Procurement decisions today are made with incomplete, delayed, and fragmented data.

By combining large-scale data ingestion, machine learning models, and execution workflows, 1Buy.ai transforms procurement from a back-office cost center into a data-driven, strategic function.

A Founding Team with a Proven Track Record

One of the strongest drivers behind investor confidence in 1Buy.ai is its founding team.

The company was founded by Visham Sikand, Nitin Jain, and Pradeep Paliwal — entrepreneurs with deep experience in building and scaling large businesses:

• Visham Sikand previously founded Goals101, a data analytics firm that was successfully acquired.

• Nitin Jain is a co-founder of OfBusiness, one of India’s fastest-growing B2B commerce and fintech unicorns.

• Pradeep Paliwal brings extensive experience in enterprise software, data platforms, and large-scale systems.

Together, the trio brings a rare combination of domain expertise, execution capability, and credibility with large enterprises — a mix that has earned them the reputation of being “repeat value creators” in the startup ecosystem.

The Funding Round: What It Means and Where the Capital Will Go

The ₹32.5 crore seed round led by 100Unicorns marks a pivotal phase for 1Buy.ai. According to the company, the funds will be deployed across four strategic priorities:

1. Product and AI Development
   Accelerating the development of a scalable, compliant SaaS platform with deeper AI models for pricing intelligence, risk forecasting, and demand-supply matching.

2. Data Infrastructure Expansion
   Building one of the most comprehensive global electronics procurement data engines, covering components, suppliers, pricing trends, and lifecycle risks.

3. Enterprise Go-to-Market
   Expanding sales, partnerships, and customer success teams to serve large manufacturers across India and international markets.

4. Global Market Entry
   Strengthening its footprint in key markets such as the United States, Israel, and Southeast Asia, where electronics manufacturing and sourcing complexity is high.

For investors, the bet is clear: procurement intelligence at scale is a massive, underpenetrated opportunity.

How 1Buy.ai Works: A Three-Layered Platform

Unlike traditional procurement tools that focus only on dashboards or workflow automation, 1Buy.ai combines intelligence and execution through three tightly integrated modules:

1. 1Data — AI-Driven Cost and Risk Intelligence

This layer delivers predictive insights into:

• Component pricing trends

• Supplier concentration risks

• Supply-chain disruptions

• Lifecycle and obsolescence risks

By analyzing vast datasets across geographies and suppliers, 1Data enables procurement teams to move from reactive buying to forward-looking, strategic planning.

2. 1Source — End-to-End Sourcing Execution

Insights alone are not enough. 1Source bridges the gap between intelligence and action by helping enterprises:

• Execute sourcing decisions

• Manage supplier engagements

• Integrate with existing ERP systems

This ensures that AI-driven recommendations translate into real operational outcomes, not just reports.

3. 1Xcess — Excess Inventory Monetization

Excess and obsolete inventory is one of the biggest silent drains on manufacturing balance sheets. 1Xcess provides a structured marketplace to:

• Liquidate surplus components

• Recover capital from dead inventory

• Improve working capital efficiency

Together, these three layers allow customers to achieve 5–10% cost savings across their procurement spend, often within months of onboarding.

Early Traction and Customer Adoption

Within a short period, 1Buy.ai has already onboarded large electronics manufacturers across sectors such as:

• Automotive electronics

• Consumer electronics

• Industrial manufacturing

The company has also confirmed active customer discussions and pilots in international markets, including the US and Israel — regions where supply-chain complexity and compliance requirements are especially high.

A key advantage of the platform is its non-disruptive integration. Instead of replacing existing ERP systems, 1Buy.ai sits on top of them, enhancing decision-making without forcing enterprises to overhaul their core infrastructure.

Why 1Buy.ai Matters in the Bigger Picture

The global electronics procurement market runs into hundreds of billions of dollars annually, yet remains heavily inefficient. Small improvements in sourcing decisions can translate into massive margin gains.

1Buy.ai represents a broader shift in enterprise technology:

• From dashboards to decision intelligence

• From automation to predictive execution

• From cost control to strategic value creation

As AI adoption deepens across enterprises, procurement is finally catching up — and startups like 1Buy.ai are defining what the next generation of enterprise platforms will look like.

Conclusion: Building the AI Operating System for Procurement

With a strong founding team, early enterprise traction, and fresh capital in hand, 1Buy.ai is positioning itself as the AI operating system for electronics procurement.

At a time when supply-chain resilience, cost efficiency, and data-driven decisions are board-level priorities, the company’s vision resonates strongly with both customers and investors.

If the momentum continues, 1Buy.ai could emerge as one of the most influential enterprise AI startups to come out of India — not by chasing hype, but by solving one of the most fundamental problems in global manufacturing.