Iris Global Services has supplied IT hardware worth ₹45 crore to its Delhi-NCR-based partner ProcMart, a brand owned by Instant Procurement Services Pvt. Ltd. (IPSPL), strengthening its presence in the government education and digital infrastructure sector.
The deployment includes desktops, tablets, power solutions products, and CCTV surveillance systems from brands including Acer and Sparsh. These solutions have been implemented across 18 state-level education and ICT projects, with key deployments taking place in states such as Tripura, Himachal Pradesh, and Delhi.
Partnership Scales Rapidly Since 2019
ProcMart, founded in 2015, operates as a B2B supply chain solutions provider serving enterprise customers across sectors including FMCG and automotive. The company works with more than 130 enterprise clients, including Colgate, Cadbury, Unilever, P&G, and Harman.
The association between Iris Global and ProcMart began in 2019 with orders worth approximately ₹5 lakh. Since then, the partnership has expanded significantly alongside the growth of government-led ICT and education digitization initiatives.
ProcMart reported revenue of ₹100 crore in FY 2022. The figure grew to ₹525 crore in FY 2024-25 and further increased to ₹825 crore in FY 2025-26. During FY 2025-26, business generated with Iris Global reached ₹45 crore.
Government Projects Drive Growth
According to the companies, the partnership’s growth has been largely driven by government projects focused on education technology and digital infrastructure.
ProcMart has previously executed several large-scale government initiatives, including Aadhaar enrolment kits, school digitization projects, and mobile device distribution programs for departments such as Education, Women & Child Development, and Information Technology.
Targeting ₹200 Crore Business Through Iris Global in FY27
Looking ahead to FY 2026-27, ProcMart is targeting overall revenue of ₹1,500 crore, with approximately ₹300 crore expected to come from government business.
Of this, nearly ₹200 crore is projected to be sourced through Iris Global, highlighting the growing strategic relationship between the two companies and their focus on government infrastructure projects.
Expansion Into Healthcare Infrastructure
In addition to education and ICT projects, ProcMart is expanding into healthcare-focused segments including radiology, oncology, and pathology equipment.
The move aligns with increasing investments in healthcare and education infrastructure projects, creating additional opportunities for growth in the government sector.
Focus on Digital Infrastructure Growth
With continued emphasis on digital infrastructure, education modernization, and healthcare development, the Iris Global–ProcMart partnership is expected to focus on supporting large-scale government projects across multiple sectors in the coming years.
Leadership Quotes
Mr. Anish Popli, Founder, ProcMart, said “Our relationship with Mr. Sanjiv Krishen has been exceptional. His guidance and business acumen have played a crucial role in our journey. Since starting our engagement in 2019, we have scaled significantly together. Iris has been more than a distributor—they have been a mentor and growth partner. With strong credit support and efficient execution, we are now exploring new verticals like healthcare and expanding deeper into government-led modernization initiatives.”
Mr. Raxit Bisht, Vice President, Instant Procurement Services Pvt. Ltd., said: “Iris has been extremely supportive since the beginning. Their responsiveness, structured approach, and ability to deliver at scale have helped us execute large and complex projects efficiently.”
Mr. Sanjiv Krishen, Founder – CMD, Iris Global Services, said: “ProcMart has built a strong presence in the government sectors, particularly in education digitization across multiple states. At Iris, we remain committed to supporting them with robust credit frameworks, efficient logistics, and timely deliveries to help them scale further.”
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