About AviriseMart
AviriseMart is a Retail company based in Bengaluru (India) founded in 2020. It operates an online platform offering a wide range of products. It operates on a B2C model. The company has 1 employees. Its Indian entity Avirise Global Technologies Private Limited reported revenue of ₹3.91 Cr. Its focus areas include E-commerce, Online Marketplace and General Products. Similar companies include Flipkart, Myntra and Nykaa; 3 of its 3 listed similar companies have raised funding.
Company details
AviriseMart operates an online platform offering a wide range of products through operating online marketplaces, engaging in retail operations, online marketplace, and general products. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Bengaluru, India
- Employees 1
- SectorsRetail
- Email••••••••
- Website avirisemart.com
- Legal Name Avirise Global Technologies Private Limited
- Date of Incorporation 22 May, 2020
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹3.91 Cr
FY 2024 · +22% YoY
- Net Profit₹1.5 Lakh
FY 2024 · 0% margin
- EBITDA₹5 Lakh
FY 2024 · 1% margin
- Employee Count1
Associated legal entities of AviriseMart
AviriseMart operates through Avirise Global Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Avirise Global Technologies Private Limited CIN U74999KA2020PTC134254 | Active | 22 May 2020 | Bangalore, Karnataka | ₹3.9 Cr | 2 | View details |
Board of directors of Avirise Global Technologies Private Limited (AviriseMart)
Avirise Global Technologies Private Limited is the primary company behind AviriseMart. The board of Avirise Global Technologies Private Limited currently have 2 directors; the longest-serving is Viltoo Kumar, appointed in 2020.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Viltoo Kumar DIN 08745288 | Director | 22 May 2020 | 6 yrs 5 mo | Avirise Global Technologies Private Limited |
| Abhishek Kumar DIN 08009903 | Director | 22 May 2020 | 6 yrs 5 mo | Avirise Global Technologies Private Limited |
Financials of AviriseMart
Figures of Avirise Global Technologies Private Limited, the primary company behind AviriseMart, for FY 2024. Revenue was ₹3.91 Cr (+22% year on year). Net profit was ₹1.5 Lakh (0% margin). EBITDA was ₹5 Lakh (1% margin). Revenue has grown at a compounded annual rate of +356% over three years.
- ₹3.91 CrRevenue · FY 2024 · +22% YoY
- ₹1.5 LakhNet profit · 0% margin
- ₹5 LakhEBITDA · 1% margin
- ₹1 LakhPaid-up capital
- +356%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Avirise Global Technologies Private Limited are on its company page.
Detailed financial statements for AviriseMart
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Similar companies to AviriseMart
AviriseMart has 3 listed similar companies in our database, 3 of them funded. They include Flipkart, Myntra and Nykaa.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| flipkart.com | 2007 | Bengaluru, India | $12.12B | 8,446 | Multi-category consumer products are offered via an online marketplace platform. | |
| myntra.com | 2007 | Bengaluru, India | $123.71M | 1,119 | Fashion and lifestyle products are offered via an online marketplace. | |
| nykaa.com | 2012 | Mumbai, India | $88.91M | 7,053 | Cosmetics, skincare, haircare, and wellness products are retailed online. |
Detailed similar companies of AviriseMart
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Top companies in Marketplaces & General E-Commerce
2 companies that operate in the same segment as AviriseMart (Marketplaces & General E-Commerce) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Multi-category consumer products are offered via an online marketplace platform. | 2007 | Bengaluru, Karnataka, India | USD 12.12 B | USD 9.83 B | 18,938 | |
Fashion and lifestyle products are offered via an online marketplace. | 2007 | Bengaluru, Karnataka, India | USD 123.71 M | USD 542.17 M | 1,108 |
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Frequently Asked Questions about AviriseMart
AviriseMart was founded in 2020.
AviriseMart is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
AviriseMart has 1 employees.
The primary company behind AviriseMart, Avirise Global Technologies Private Limited, reported revenue of ₹3.91 Cr for FY 2024, up 22% year on year.
AviriseMart operates an online platform offering a wide range of products through operating online marketplaces, engaging in retail operations, online marketplace, and general products. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
AviriseMart operates through Avirise Global Technologies Private Limited.
The legal entities of AviriseMart currently have 2 directors, including Viltoo Kumar, Abhishek Kumar.