ContraVault AI raises pre-Series A funding led by Chiratae Ventures

17 Jun 2026, 10:53 AM

The round also saw participation from existing investor Titan Capital Winners Fund.

Procurement intelligence startup ContraVault AI has raised $3.1 million in a pre-Series A funding round led by Chiratae Ventures. 

The round also saw participation from existing investor Titan Capital Winners Fund.

The company said it will use the fresh capital to speed up product development, improve its AI technology, and expand into international markets, especially the US. The AI startup also plans to invest in scaling its team.

Founded in 2024 by Sayan Sen, Isha Juneja, and Tanmay Juneja, the Bengaluru-based startup helps companies in sectors such as construction, energy, power, defence, and aerospace simplify and speed up the tender bidding process.

Its platform reduces manual work, streamlines procurement, and helps businesses make better decisions before submitting bids. CEO Sayan Sen has earlier co-founded two other ventures, including UltraPawz, which was acquired.

Sen said the company is focused on grounding its AI in real business context so it can be trusted for high-stakes enterprise workflows. Titan Capital, an existing investor, said ContraVault AI is redefining one of the most painful enterprise workflows: tender management.

Before this funding round, ContraVault had raised around $600,000 from Titan Capital and several angel investors.

ContraVault serves around 40 customers in India, including Voltas, Shapoorji Pallonji, Adani Group, and Sterling & Wilson, and its customer base has doubled in the last two months. Its platform helps clients cut tender processing time by 60-70% while increasing the number of bids they submit by 30-35%.

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