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1Buy

Category: AI in Supply Chain / Logistics

An AI-driven procurement and supply chain intelligence platform designed to optimize the global electronics components lifecycle through automated BOM analysis and real-time sourcing. 1Buy was founded in 2023. The company is led by Visham Sikand. Based in New Delhi, India. Team size: 11-50. Total funding raised: $3.9M. Latest round: Seed. Key investors include ["100Unicorns","FJ Labs","Gruhas","Ashish Kacholia"].

Founded
2023
Headquarters
New Delhi, India
Team size
11-50
Total funding
$3.9M

Value proposition

Reduces procurement lead times and costs by providing decision-grade intelligence on component pricing, availability, and alternative sourcing, while solving the 'excess inventory' problem through a liquid marketplace.

Products and solutions

["1Data (AI-led Cost Intelligence)","1Source (End-to-End Sourcing Engine)","1Xcess (Excess Inventory Liquidation Marketplace)","Supply Chain Risk & Lead-time Analytics Dashboard","Automated RFQ (Request for Quote) Management"]

Unique value

Unlike generic B2B marketplaces, 1Buy.AI focuses on 'decision-grade' intelligence, using AI to cross-reference millions of data points across global suppliers to find the most efficient path for electronics assembly.

Target customer

Electronics Manufacturing Services (EMS) providers, Original Equipment Manufacturers (OEMs), semiconductor distributors, and hardware startups.

Industries served

["Electronics Manufacturing","Semiconductors","Automotive Electronics","Consumer Electronics","Industrial IoT & Robotics"]

Technology advantage

Leverages proprietary transaction behavioral intelligence and predictive algorithms to forecast price volatility and component obsolescence, led by a founding team with multiple successful exits in AI and data analytics.

How they differentiate

1Buy.AI differentiates through 'decision-grade' AI that focuses specifically on BOM (Bill of Materials) optimization and a dedicated marketplace for liquidating excess inventory, leveraging the founders' deep expertise in transaction behavioral intelligence.

Main competitors

["Sourceability","Supplyframe","Zetwerk"]

Key partnerships

["100Unicorns (Lead Investor)","FJ Labs","Gruhas","Global Electronics Component Distributors","M2P Fintech (Strategic ecosystem connection via founder history)"]

Notable customers

["Electronics Manufacturing Services (EMS) providers","Original Equipment Manufacturers (OEMs)"]

Major milestones

["Founded in 2023 by serial entrepreneur Visham Sikand","Nitin Jain joined as co-founder after exiting OfBusiness in Nov 2025","Raised Rs 32.5 Cr (~$3.9M) Seed round led by 100Unicorns in Jan 2026","Launched 1Data, 1Source, and 1Xcess platforms"]

Growth metrics

Scaling operations post-Seed round with a team size of 11-50 employees; targeting the multi-billion dollar electronics procurement market.

Market positioning

AI-driven procurement and supply chain intelligence specialist for the electronics manufacturing sector.

Geographic focus

India (Primary), with a focus on the global electronics components supply chain.

Patents and IP

No registered patents disclosed as of latest update; focus is on proprietary AI models and data aggregation algorithms.

About Visham Sikand

Visham Sikand is a prominent serial entrepreneur and Harvard Business School alumnus (OPM). He has a proven track record of building and exiting high-growth startups. Most recently, he founded Goals101, a transaction behavioral intelligence platform that was acquired by M2P Fintech in 2023. Previously, he founded the Indian Health Organization (IHO), which was acquired by the US healthcare giant Aetna Inc. in 2012. His early career includes significant leadership roles at ABN AMRO and Standard Chartered Bank.

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