Serial Entrepreneurs Raise $3.9M to Build AI-Powered Operating System for Electronics Procurement
1Buy.AI, an AI-driven electronics procurement platform, has announced a $3.9 million seed funding round led by 100Unicorns, a prominent venture capital firm focused on scaling high-potential startups in India. The company is backed by a team of serial entrepreneurs with a proven track record of building multiple unicorns across various technology sectors. Based in Delhi, India, 1Buy.AI is developing an AI-powered operating system designed to streamline and optimize the entire electronics procurement lifecycle. The platform leverages advanced machine learning algorithms to automate sourcing, pricing analysis, supplier selection, inventory forecasting, and supply chain risk assessment—helping manufacturers, electronics companies, and engineering firms reduce costs, improve efficiency, and accelerate product development cycles. The funding will be used to expand the company’s AI infrastructure, enhance its data analytics capabilities, and grow its engineering and sales teams. 1Buy.AI aims to become the go-to digital backbone for electronics procurement in India and beyond, addressing a market long plagued by fragmented systems, manual processes, and supply chain inefficiencies. With global demand for electronics rising and supply chains becoming increasingly complex, the need for intelligent procurement tools has never been greater. 1Buy.AI’s platform is designed to integrate seamlessly with existing enterprise systems while offering real-time insights and predictive intelligence to support strategic decision-making. The investment from 100Unicorns underscores growing confidence in India’s deep-tech startup ecosystem and the potential of AI to transform traditional industrial processes. The founders of 1Buy.AI bring extensive experience from previous ventures that have achieved unicorn status, giving the company a strong foundation for rapid scaling and innovation.
