Technology
VedaCorp advised Aerchain, an AI native enterprise procurement platform, on its Series A fundraise led by Pavestone VC
About
Aerchain
Headquartered in Bengaluru, Aerchain is an AI-native enterprise procurement platform that covers the full intake-to-pay lifecycle, including conversational intake, vendor management, RFQ automation, negotiation, contract management, and payment tracking. The platform is powered by a multi-agent AI architecture trained on enterprise data. The company serves 50+ global enterprise customers across 30+ countries, manages over $45 billion in spend, and has reduced procurement cycle times by more than 50%. For more information, visit https://aerchain.io/
Pavestone
Pavestone VC is a Hyderabad-based venture capital firm focused on early growth-stage B2B technology companies. Its Technology Fund targets businesses with strong product-market fit and scalable enterprise solutions, with a focus on deep tech and AI-led innovation. For more information, visit https://pavestone.vc/
Background
We are pleased to announce that our client, Aerchain, has raised Series A funding round led by Pavestone VC, with participation from IndiaMART and other investors.
Aerchain, headquartered in Bengaluru, is an AI native enterprise procurement platform that orchestrates, executes, and advises across the full intake-to-pay lifecycle. The capital will accelerate Aerchain’s global expansion and deepen its AI capabilities as the company builds its Spend Operating System – a platform designed to transform procurement from a reactive cost centre into a proactive driver of bottom-line impact.
Veda Corporate Advisors (“VedaCorp”) was the exclusive financial advisor to Aerchain and its promoters. VedaCorp provided comprehensive transaction advisory services covering identification of prospective investors, strategic positioning, deal structuring and negotiation of key commercial terms leading to the successful closure of the transaction.
“VedaCorp have been entrenched with us through-out the fundraise – on strategy, on negotiations, and every decision that mattered. What sets VedaCorp apart is that they are genuinely founder-first, and they roll up their sleeves and ensure that the fundraise happens smoothly”
Harsha Kadimisetty
CEO – Aerchain
“Aerchain is redefining enterprise procurement through an AI-first approach that combines automation, intelligence, and execution. We believe that this partnership will accelerate its journey towards an outcome driven procurement product, global expansion & sustained value creation for all stakeholders”
Anish Sampath
Associate Director – VedaCorp