ContraVault AI, a procurement intelligence platform that helps infrastructure companies make faster and smarter bidding decisions, has raised $3.1 million in a Pre-Series A funding round led by Chiratae Ventures, with participation from existing investor Titan Capital.
The company said the fresh capital will be used to accelerate product innovation, enhance its artificial intelligence capabilities and support international expansion, with a particular focus on the United States market.
Building AI for bid management
Founded in 2024 by Sayan Sen, Isha Juneja and Tanmay Juneja, ContraVault AI is focused on modernising bid management, one of the most complex and underserved functions within large enterprises.
Its AI-powered platform helps organisations analyse tenders and Requests for Proposal (RFPs), identify compliance and commercial risks, streamline bid qualification and improve decision-making across the bidding lifecycle.
To date, the platform has analysed more than one million tenders as part of its training dataset and is already being used by companies that rank among the top 30% of India’s largest infrastructure firms.
Unlike generic AI applications, ContraVault AI combines domain expertise, workflow intelligence and organisational context to deliver actionable insights within enterprise environments.
Tapping a large procurement opportunity
The company is targeting a significant market opportunity, with public procurement accounting for an estimated 20-25% of GDP across many economies.
Despite the scale of spending, procurement and tender evaluation processes remain heavily dependent on manual reviews, fragmented workflows and document-intensive operations.
Infrastructure companies often spend considerable time and resources evaluating opportunities, reviewing thousands of pages of documentation, assessing eligibility criteria, identifying risks and coordinating internal approvals before making critical bid decisions.
ContraVault AI aims to simplify and accelerate these processes through contextual AI and workflow automation.
Expanding beyond tender analysis
Over the past year, the company has evolved from a tender analysis platform into a broader bid management solution covering the entire bidding lifecycle.
The platform enables enterprises to discover relevant opportunities, evaluate tender documents, assess commercial and compliance risks, accelerate Go/No-Go decisions and prepare stronger bid submissions with reduced manual effort.
The company plans to further expand its offerings across procurement intelligence, workflow automation and AI-assisted decision support.
Eyes global expansion
ContraVault AI Co-Founder & CEO Sayan Sen said, “Infrastructure is the largest industry known to humankind that still relies on excel sheets and manual intervention for most of its work. Our vision is to be able to give this industry the ability to make decisions that help them win more business through bids and projects.”
He added that the company is focused on bridging the gap between AI-driven productivity gains and tangible revenue outcomes for enterprises.
The startup will use the new funding to strengthen its presence in international markets, particularly the United States, while continuing to fine-tune its domain-specific large language models for complex procurement, risk evaluation and bid decision-making workflows.
Investors back growth potential
Chiratae Ventures’ Mandeep Julka said, “ContraVault, with its proprietary AI product, is solving for one of the toughest challenges, nation building. By empowering infrastructure companies with cutting-edge yet personalised technology, we believe it will provide extra power for them to march ahead.”
He added that the venture capital firm is excited to support the company’s ambition to transform the way infrastructure enterprises execute mission-critical projects.
Titan Capital Winners Fund, Vice President, Shiv Kapoor said the company has demonstrated its ability to build a technically sophisticated product that remains easy for customers to use while delivering meaningful business value.
Gains industry recognition
Since its seed round, ContraVault AI has expanded its footprint across infrastructure, construction and energy sectors, establishing relationships with several leading engineering, procurement and construction (EPC) companies in India.
The startup has also earned recognition through inclusion in the Forbes DGEMS list, Inc42’s ’30 Startups To Watch’ list and participation in the India AI Impact Summit. It also showcased its technology before Gujarat Chief Minister Bhupendrabhai Patel during Startup Samvad Gujarat.
The company said it will continue investing in AI capabilities to strengthen procurement intelligence, bidding workflows and enterprise decision-support systems.