About Aksum Trademart
Aksum Trademart is a company based in Delhi (India) founded in 2021 by Sumit Bhatia and Ankit Jain.. Aksum Trademart has raised $1.03 million across 3 funding rounds from investors including IP Ventures. Aksum Trademart operates in a competitive market with competitors including Robu Labs, ToolsVilla, Bulk MRO, Mogli Labs and Prodo, among others.
- Headquarter Delhi, India
- Founders Sumit Bhatia, Ankit Jain
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Sectors
Retail
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Email
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Phone
*********
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Website
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Social
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- Legal Name Aksum Trademart Private Limited
- Date of Incorporation 05 Oct, 2021
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$11.85 M (USD)662.59as on Mar 31, 2023
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Net Profit
$12.14 K (USD)4587.86as on Mar 31, 2023
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EBITDA
$184.38 K (USD)1895.05as on Mar 31, 2023
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Total Equity Funding
$1.03 M (USD)
in 3 rounds
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Funding Insights of Aksum Trademart
Aksum Trademart has successfully raised a total of $1.03M across 3 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Last Round
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First Round
First Round
(08 Jul 2022)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2023 | Amount | Seed - Aksum Trademart | Valuation | Inflection Point Ventures |
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| Apr, 2023 | Amount | Debt – Conventional - Aksum Trademart | Valuation |
investors |
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| Jul, 2022 | Amount | Angel Round - Aksum Trademart | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Aksum Trademart
Aksum Trademart has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include IP Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investments are made in early-stage tech startups across sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Aksum Trademart
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Aksum Trademart
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Aksum Trademart Comparisons
Competitors of Aksum Trademart
Aksum Trademart operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Robu Labs, ToolsVilla, Bulk MRO, Mogli Labs and Prodo, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online app-based marketplace platform for electronics and related products
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| domain | founded_year | HQ Location |
Industrial equipment and supplies are offered via an online platform.
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| domain | founded_year | HQ Location |
Industrial supplies are distributed via an online B2B platform.
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| domain | founded_year | HQ Location |
B2B e-commerce and supply chain management solutions are provided.
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| domain | founded_year | HQ Location |
Manufacturing services are provided via an online digital marketplace.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Aksum Trademart
Frequently Asked Questions about Aksum Trademart
When was Aksum Trademart founded?
Aksum Trademart was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Where is Aksum Trademart located?
Aksum Trademart is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Who is the current CEO of Aksum Trademart?
Sumit Bhatia is the current CEO of Aksum Trademart. They have also founded this company.
Is Aksum Trademart a funded company?
Aksum Trademart is a funded company, having raised a total of $1.03M across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $25.28K, raised on Jul 08, 2022.
What is the annual revenue of Aksum Trademart?
Annual revenue of Aksum Trademart is $11.85M as on Mar 31, 2023.
What does Aksum Trademart do?
Aksum Trademart was founded in 2021 and is based in Delhi, India. Industrial materials such as steel, commodity polymers, chemicals, paints, sanitary ware, and construction products are provided by the company. Additional supplies include brass, coal, AAC blocks, tiles, and packaging items. Services encompassing sales strategy, market research, and flow management are also offered to support operations in the commodities and construction sectors.
Who are the top competitors of Aksum Trademart?
Aksum Trademart's top competitors include Robu Labs, Bulk MRO and Mogli Labs.
Who are Aksum Trademart's investors?
Aksum Trademart has 1 investor. Key investors include IP Ventures.