Compare the Top RFQ Software in India as of October 2026

What is RFQ Software in India?

RFQ (Request for Quotation) software streamlines the process of soliciting and managing quotes from vendors or suppliers for products or services. It enables businesses to create, distribute, and track RFQs while consolidating responses for easy comparison. These tools often include features like customizable templates, communication tracking, and analytics to ensure a transparent and efficient procurement process. By automating tasks and providing a centralized platform, RFQ software helps organizations save time, reduce costs, and improve decision-making. It is particularly valuable in industries with complex supply chains or frequent vendor interactions. Compare and read user reviews of the best RFQ software in India currently available using the table below. This list is updated regularly.

  • 1
    AuraVMS

    AuraVMS

    AuraVMS

    As a buyer of commodity materials, you send out countless quotation requests every month. Talking to multiple vendors, giving them requirements, gathering their quotations, compiling all responses, and then negotiating takes a lot valuable time. It costs you money, because it takes extra 2 or 4 or 10 days to close certain requirements. AuraVMS helps you in collecting and comparing quotations. You first onboard your suppliers with very few details (and no intervention needed from them), and that's it! You're all set up to start sending quotation requests from multiple channels like Emails, WhatsApp, and more. Use AuraVMS to collect and compare quotations and you can focus on negotiations!
    Starting Price: $4.99/month
  • 2
    Team Procure

    Team Procure

    Team Procure

    Team Procure is a cloud-based procurement suite that empowers businesses to manage their purchasing approvals, purchase orders, strategic sourcing, suppliers, and inventory. Conduct RFQ and E-Auction negotiations to secure the best deals with your suppliers. Generate custom reports based on department, project, or category and make data-driven decisions for your procurement strategy. Team Procure caters to both SMBs and Enterprise organizations with the ability to customize our system using powerful software modules. We offer solutions for: • Purchase Requisitions • Custom Approval Workflows • Procurement Management • Supplier Onboarding & Management • RFQs and E-Auctions • Warehouse Inventory Management For large procurement operations, we offer an enterprise-grade solution with dedicated servers. It includes advanced sourcing features, a supplier portal, ERP integrations, and premium support.
    Starting Price: $250/month (3 users)
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