Company: Zinit
Headquarters: Global
Funding Type: Expansion Investment
Amount Raised: $2 million
Founders: Anton Buzdalin (Co-Founder)
Market Focus: India

Zinit, a global SaaS startup specializing in AI-driven procurement solutions, has invested $2 million to scale its operations in India—targeting one of the world’s fastest-growing B2B markets.

The company aims to modernize India’s $500 billion procurement sector, where outdated manual processes remain widespread. Zinit’s platform focuses on the “tail spend” segment, which represents 30% of procurement value and 80% of transactions—an area often neglected by traditional systems.

With features like 1-click cross-border tendering, smart supplier matching, real-time translation, and success-based pricing, Zinit reduces tendering time by up to 80%. The platform also promotes supplier diversity, with 50% of new suppliers winning bids.

The $2M investment will fund local hiring, expand partnerships, and accelerate product adoption.

“India is a key market for Zinit’s global expansion. The country’s procurement sector is ripe for innovation, and we’re excited to help businesses drive efficiency, save costs, and foster supplier diversity,” said Anton Buzdalin, Co-Founder of Zinit.

Website:Zinit