Our Story

On a mission to offer the highest value in eSourcing

For years, procurement technology has focused on automating transactions. Sourcing, however, is different.

It is where organizations decide what to buy, from whom, at what price, under what terms, and with what level of risk. It is also where procurement teams can create some of their most significant business impact.

Yet sourcing remains surprisingly fragmented.

Reverse auctions have transformed supplier negotiations, particularly across India and Asia. They have given procurement teams a powerful way to create price competition and deliver measurable savings.

But an auction is only one moment in the sourcing journey.

Before the auction comes supplier discovery, market intelligence, specifications, RFIs, RFPs, commercial evaluation, cost modelling, stakeholder collaboration and negotiation. After it come approvals, contracts, supplier performance and, eventually, the next sourcing cycle.

We believe technology should connect all of this.

That is why we built Krinati.

Krinati was created with a simple belief: procurement teams should not have to reinvent their sourcing process every time they buy something.

The best sourcing knowledge should accumulate. The right suppliers should become easier to find. Complex RFPs should become easier to run. Stakeholders should be able to collaborate without leaving the sourcing process. Commercial decisions should be based on more than the lowest quoted price. Approvals and governance should be built into the process. And the results of one sourcing exercise should make the next one better.

Our sourcing platform brings these capabilities together - from RFIs and RFPs to reverse auctions, supplier identification, landed-cost and TCO analysis, transformation bidding, stakeholder collaboration, approvals and business-award analysis.

We are extending that foundation into Supplier Management and Contract Management, because sourcing does not end when a supplier is selected. The commercial decision needs to remain visible, controlled and actionable throughout the relationship.

We are building more than an eSourcing tool.

Our ambition is to make sourcing a repeatable, knowledge-driven business process.

We want every sourcing event to leave something behind:

  • Better market knowledge
  • Better supplier intelligence
  • Better specifications and templates
  • Better negotiation strategies
  • Better commercial benchmarks
  • Better understanding of total cost
  • Better governance
  • And, ultimately, better decisions

That is where we believe the next generation of procurement technology needs to go.

Technology is only useful when it changes outcomes.

Our measure of success is not how many features a customer uses or how many sourcing events they run.

It is what happens to the business.

Can we reduce the cost of a purchase? Can we identify better suppliers? Can we shorten sourcing cycles? Can we improve compliance? Can we reduce commercial and supplier risk? Can we help procurement teams make decisions with greater confidence?

That is why we believe in agreeing on success metrics with our customers upfront - and taking responsibility for helping them achieve those outcomes.

Built with procurement. Built around people.

Krinati has been shaped by conversations with procurement leaders, sourcing professionals, consultants and suppliers.

That matters to us.

Because sourcing is not simply a workflow that needs to be digitized. It is a series of decisions made by people - buyers, business stakeholders, finance teams, technical teams and suppliers - often with competing priorities and incomplete information.

Our job is to make those decisions easier, more transparent and more effective.

We are still building.

There is much more to solve in procurement - from supplier intelligence and category knowledge to smarter sourcing decisions, better collaboration and stronger control over the entire source-to-contract journey.

And that is what drives us at Krinati: making every sourcing decision better than the one before it.

Our Team

Leadership

Shankar VR

Shankar VR

Founder & CEO

A 20-plus-year veteran of the Source-to-Pay space with leadership roles at SAP Ariba and Coupa, Shankar established Krinati to make an impact in eSourcing. His mandate: a global team focused on Krinati’s core values.

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Rajeev Apte

Rajeev Apte

Chief Technology Officer

Rajeev heads Krinati’s technology development program, bringing over two decades of experience developing and implementing sourcing and procurement solutions.

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