What Tender 247 does

Tender247, operated by I-sourcing Technologies Pvt. Ltd. and founded in 2017, is an AI-powered tender aggregation and bid management platform headquartered in Ahmedabad, India. The platform aggregates over 50,000 government and private tenders daily across 300+ sectors, drawing from a proprietary database of more than 10 Cr+ tenders and 3 Cr+ tender results, and serves over 100,000 registered businesses including MSMEs, contractors, and large enterprises. Its core technology stack combines NLP-based tender document processing, AI-powered search, recommendation engines, generative AI chatbot (Tender AI), and ML-driven competitor analytics over a 75,000+ bidder database, enabling users to discover tenders, evaluate eligibility, and track L1 bidders and competitor performance. The company is ISO 27001 and CMMI Level 3 certified, lending credibility for handling sensitive procurement data.

The platform monetizes through a freemium-led model: free registration provides access to basic tender search and alerts, while premium paid tiers include the AI-powered Bid Management System (BMS) with a 14-day free trial, Competitor Analytics Reports, and multi-year enterprise contracts. Additional revenue streams include Bid/Tender Consultancy services, GeM marketplace bidding support, and Surety Bond facilitation (bid, performance, payment, and advance payment bonds) earning transaction fees by connecting contractors with insurers. Adjacent products include BOQ-based Supply Leads for raw material matching, Joint Venture Partner Finding, Vendor Empanelment, and Exhibition Services, positioning the platform as a one-stop ecosystem for government procurement participants. Coverage extends beyond India to 40+ countries globally, with distribution via website, mobile apps (iOS and Android), WhatsApp alerts, direct enterprise sales, and inside sales teams. The company holds no disclosed external institutional funding, appears bootstrapped, and lists marquee customers including Tata Group, Reliance, Adani, L&T, Wipro, HDFC Bank, and KPMG among its user base.

Name

Tender 247

Legal name

I-sourcing Technologies Pvt. Ltd.

Website

https://tender247.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

101–250 employees

Short description

Tender247 is an AI-powered tender aggregation and bid management platform serving Indian and global government contractors, MSMEs, and enterprises. It aggregates 50,000+ daily tenders across 300+ sectors and offers an AI-driven Bid Management System, competitor analytics, and surety bond facilitation.

Ownership category

akta.pro rank

Product category

Government Tender Intelligence & Bid Management Software

NAICS

Business Support Services (5614), Computer Systems Design and Related Services (54151), All Other Business Support Services (561499)

SIC

Services-Help Supply Services (7363), Services-Prepackaged Software (7372), Services-Computer Processing & Data Preparation (7374)

akta.pro primary industry

Procurement Helpdesk & Stakeholder Support (BPAAAJAD)

Keywords

• Government tender search
• Bid management software
• Competitor analytics platform
• E-procurement intelligence
• Tender information services

Headquarters

HQ city

Ahmedabad

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Subscription Services: Annual and multi-year subscription plans for access to tender database, AI search, competitor analytics, and bid management tools. Registration is free with premium paid services for advanced features.
2. AI-Powered BMS License: 14-day free trial followed by paid subscription for AI-powered Bid Management System with enterprise features including automated workflows, dashboards, and MIS reports
3. Consultancy Services: Bid/Tender Consultancy services, GeM bidding consultancy, and expert bid support including help with submissions, documentation, and vendor assessment
4. Surety Bond Services: Facilitates surety bond issuance through network of insurers for government tenders, providing end-to-end assistance from application to issuance
5. Competitor Analytics Reports: Detailed competitor analytics reports sold to bidders seeking competitive intelligence on tender participation, wins/losses, and pricing strategies

Pricing tiers

Go-to-market motion2 records

Distribution channels6 records

Marketing channels12 records

Core offering

Tender247 operates an AI-powered tender aggregation and bid management platform that helps businesses discover, evaluate, and bid on Indian and global government and private tenders. The core service delivers 50,000+ daily tenders across 300+ sectors with AI search, competitor analytics across 75,000+ bidders, an end-to-end Bid Management System (BMS / Tender AI), BOQ-based supply matching, surety bond facilitation, and tender consultancy services.

Product overview

Tender247 is a comprehensive tender aggregation and bid management platform operated by I-sourcing Technologies Pvt. Ltd. The core offering is the Tender247 Main Portal (#1 India's Tender Portal) supplemented by multiple specialized modules: the AI-powered Bid Management System (BMS/Tender AI) for end-to-end bid automation and workflow management; Competitor Analytics Reports providing AI/ML-driven market intelligence on 75,000+ bidders; BOQ Based Supply Leads for connecting buyers with verified raw material suppliers; Surety Bonds (Bid Bond, Performance Bond, Payment Bond, Advance Payment Bond) for financial guarantees; GeM/Bidding Services for government marketplace consultancy; and value-added services including Joint Venture partner finding, Vendor Empanelment, Bid/Tender Consultancy, Exhibition services, and tender result tracking. The platform covers Indian and Global tenders across 300+ sectors with 50,000+ daily tenders.

Differentiator

Problem solved

Functional benefit

Products and services

• Tender247 Main Portal India's leading tender aggregation portal providing comprehensive tender information, tender results, AI-powered search, real-time alerts, and access to 50,000+ daily tenders across 300+ sectors for government and private sector procurement. Targets contractors, MSMEs, and enterprises bidding on tenders.
• Bid Management System (BMS) / Tender AI

Quantifiable outcome

• 50% cost savings in bid management processes
• +3 more outcomes

Named customers18 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability7 records

Feature5 records

Scale indicators11 records

Recent moves6 records

Expansion highlights6 records

Emerging players

• BuildingConnected (Autodesk): Autodesk-owned bid management network connecting general contractors and subcontractors in commercial construction—an emerging platform comparable to Tender247's bid management workflows in the infrastructure and construction segment.
• Procore Technologies: Cloud-based construction management platform with bidding functionality serving general contractors and owners in the infrastructure space—comparable to Tender247 for construction/infrastructure tender workflows in international markets.

Broad incumbents

• GeM (Government e-Marketplace): Government of India-owned online marketplace for procurement of goods and services; not a direct paid subscription competitor but its free public procurement portal shapes the broader market Tender247 addresses and pressures certain use cases.
• SAP Ariba: Global enterprise procurement and supply chain platform owned by SAP, offering sourcing, supplier management, and contract lifecycle capabilities—competes with Tender247's BMS offerings at the enterprise/large-procurement-team end of the market.
• Coupa Software: Cloud-based business spend management platform providing procurement, invoicing, and supplier management solutions—adjacent competitor to Tender247's BMS for enterprise customers seeking integrated procurement suites.
• Jaggaer: Enterprise procurement software provider offering source-to-pay and supplier management solutions for large organizations—competes with Tender247 at the higher end of bid management and procurement intelligence for multinational buyers.

Direct peers

• TenderDetail: Indian tender information portal providing government tender listings, results, and bid-related services to contractors and MSMEs—competing with Tender247 in the same Indian tender aggregation niche.
• TenderTiger: Indian tender information services portal owned by Tenali Business Solutions, providing tender listings, results, and bid management features to Indian bidders—a head-to-head competitor to Tender247.
• BidAssist: India-based tender aggregation and bid management platform offering government and private tender discovery, results, and bid assistance to contractors—directly competing with Tender247 in the Indian e-procurement information market.
• TendersInfo: Global tender information aggregator offering government and private tender alerts, results, and procurement intelligence—a directly comparable paid subscription service competing with Tender247 for bidder attention and wallet share.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/tender247
• LinkedInlinkedin.com/company/i-sourcing-technologies-pvt-ltd
• Instagraminstagram.com/tender__247

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Tender 247