1BUY.AI Electronics Procurement Platform

1BUY.AI is a procurement software company based in Delhi, India, positioned as AI-powered electronics procurement intelligence. It was founded by Nitin Jain, Visham Sikand and Pradeep Paliwal and serves electronics manufacturers that source components such as semiconductors.

According to launch coverage, the platform has three layers: 1Data, an AI engine that aggregates pricing, alternate parts, lifecycle risk and predictive signals; 1Source, an execution layer for compliant sourcing; and 1Xcess, a marketplace for monetizing excess and obsolete inventory. The website lists Products, How It Works, Use Cases and a Market Intelligence section with semiconductor news.

• 1Data: AI engine that aggregates pricing, alternate parts and lifecycle risk.
• Predictive signals: forward-looking indicators for component supply and price.
• 1Source: execution layer for compliant component sourcing.
• 1Xcess: marketplace for excess and obsolete inventory.
• Market Intelligence: semiconductor news section on the website.
• Use cases: procurement workflows for electronics manufacturers.

A Vietnamese electronics contract assembler can find alternate parts when a component is short. A procurement team can monitor lifecycle risk of key components. A manufacturer can sell excess inventory through the marketplace instead of writing it off.

Aggregates component pricing, alternate parts and lifecycle risk in one engine for buyers. Supports compliant sourcing through an execution layer. Provides a marketplace to monetize excess and obsolete inventory. Targets electronics manufacturers that face component shortages and price swings.

Electronics makers face volatile component pricing, long lead times and obsolescence, which is pushing procurement teams toward data-driven sourcing tools. Vietnam's electronics assembly sector imports large volumes of components and has the same sourcing and inventory risks. The company states plans to expand to Southeast Asia.

Based in Delhi, India. 3.9 million USD seed round reported 30 January 2026, led by 100Unicorns with FJ Labs and Gruhas; founders Nitin Jain, Visham Sikand and Pradeep Paliwal. Founding year not stated on fetched pages.