
Zinit Invests $2M to Modernize India's Procurement Sector with AI-Driven Platform
Global SaaS startup Zinit has entered the Indian market with a $2 million investment aimed at revolutionizing procurement through its AI-powered platform. By targeting the overlooked 'tail spend' segment — which accounts for 80% of procurement transactions — Zinit aims to cut tendering time by up to 80% and drive cost efficiency for businesses across sectors like manufacturing, logistics, and retail.