An end-to-end e-procurement platform that lets hotels buy from a single, technology-enabled supplier.
| Sector | Enterprise Tech | Supply Chain | Logistics |
| Location | New Delhi |
| Stage | Growth |
| Website | www.centriti.in |
About
Centriti is an end-to-end e-procurement platform through which hotels can buy from a single, technology-enabled supplier. For brands, it supports product integrity, on-time delivery and control over secondary sales. For owners of large hotel chains, it provides real-time inventory control.
Guestkart, its B2B SaaS e-procurement platform, offers procurement tools, a streamlined supply chain and AI-driven integrated inventory software.
Funding Update
In May 2024, Centriti raised ₹6 crore in a Pre-Series A round from EV2 Ventures, Brigade Family Office, VG Angels and other angel investors.
Details of the Pre-Series A round
Why We Invested
We invested in Centriti for several reasons together. It gives hotels a single, technology-enabled supplier for their purchasing, while giving brands better product integrity, on-time delivery and control over secondary sales, and giving large hotel chains real-time inventory control. Its AI-driven inventory software makes procurement more efficient. The founders bring deep experience in the hospitality sector: one in HoReCa, B2B and enterprise sales, and the other with over 20 years in hospitality and e-commerce, including ITC Hotels, JW Marriott and BigBasket.
The company also serves a large and growing market. India’s HoReCa (hotel, restaurant and café) industry contributed about 7% of GDP, roughly USD 78 billion, in FY22, and is projected to grow at a CAGR of about 10%, driven by rising incomes, spending and urbanisation. The quick-service restaurant segment alone is expected to grow about 23% through 2025.
Team
Co-Founder & CEO
Master’s in finance and strategy from ISB Hyderabad, with experience in the HoReCa segment and in B2B and enterprise sales. Previously led sales at Pagalguy.com, headed internet property sales at Educomp, and led India sales at Acropetal Technologies, which reached Rs 300 Cr in revenue.
Co-Founder
Over 20 years of experience in hospitality and e-commerce, across revenue strategy, growth, market expansion and customer satisfaction. Spent more than a decade at ITC Hotels and JW Marriott, and most recently was Business Head for HoReCa at BigBasket. Trained in hotel management at César Ritz, Switzerland.