In a significant development, Iris Global Services, India’s Most Trusted ICT Distributor, has supplied IT hardware worth Rs 45 crore to its Delhi-NCR-based partner ProcMart a brand owned by Instant Procurement Services Pvt. Ltd. (IPSPL), reinforcing its strong presence in the government education and digital infrastructure space.
The supplies spanning Desktops &Tablets, Power Solutions Products and CCTV surveillance systems from leading global brands including Acer and Sparsh have been deployed across 18 state-level education and ICT projects.
Key states include – Tripura, Himachal Pradesh and Delhi among others.
IPSPL’s flagship brand ProcMart, founded in 2015, is a leading B2B supply chain solutions provider catering to enterprise giants such as Colgate, Cadbury, Unilever,
P&G and Harman.
The company serves over 130 enterprise clients across sectors including FMCG and automotive.
Beginning its association with Iris Global in 2019 with modest orders of Rs 5 lakh,
the partnership has scaled significantly.
- In FY 2022: ProcMart revenue was Rs 100 crore,
- FY 2024–25: it clocked at Rs 525 crore
- While in FY 2025–26: ProcMart was reported their revenue at Rs 825 crore,
Their business with Iris Global touched Rs 45 crore.
The growth has been largely driven by government-led ICT and education digitization projects.
Looking ahead to FY 2026–27, ProcMart is targeting Rs 1,500 crore in overall revenue, with Rs 300 crore expected from government business. Of this, approximately Rs 200 crore is projected to be sourced through Iris Global, indicating a deepening strategic alignment.
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.”
ProcMart is also expanding into high-growth verticals such as healthcare equipment, including radiology, oncology and pathology solutions, in line with increasing government focus on healthcare and education infrastructure.
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.”
ProcMart has previously executed large-scale government projects including Aadhaar enrolment kits, school digitization initiatives, and mobile device distribution under various state departments such as Education, Women & Child Development and IT.
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.”
With increasing government thrust on digital infrastructure, education, and healthcare,
the Iris Global –ProcMart partnership is well-positioned to capitalize on emerging opportunities and drive large-scale impact across India.
