About BazaarNXT
BazaarNXT is a company based in Bengaluru (India) founded in 2017 by Vikram Raja, Gaurav Badarkhe, and Dhananjaya S.. BazaarNXT has raised $1.08 million across 4 funding rounds from investors including Vanita Subhash Badarkhe, Saad Ahmed and Rajesh Mahadevan. The company has 46 employees as of March 23, 2024. BazaarNXT operates in a competitive market with competitors including DCGpac, Ajanta Bottle, Pinnium, Grownex and Pirsq, among others.
- Headquarter Bengaluru, India
- Employees 46 as on 23 Mar, 2024
- Founders Vikram Raja, Gaurav Badarkhe, Dhananjaya S
- Stage Minicorn
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Sectors
RetailIndustrial Goods & Manufacturing
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Shopclients Consultancy Services Private Limited
- Date of Incorporation 31 May, 2017
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$1.22 M (USD)1762.33as on Mar 31, 2020
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Net Profit
$-172.19 K (USD)-378.26as on Mar 31, 2020
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EBITDA
$-167.52 K (USD)-422.61as on Mar 31, 2020
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Total Equity Funding
$1.08 M (USD)
in 4 rounds
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Latest Funding Round
$658.07 K (USD), Angel Round
Apr 20, 2021
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Investors
& 16 more
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Employee Count
46
as on Mar 23, 2024
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Assistant Team
1 people
Vendor Team
1 people
Procurement Team
1 people
Manager Team
1 people
Web Team
1 people
Unlock access to complete
Funding Insights of BazaarNXT
BazaarNXT has successfully raised a total of $1.08M across 4 strategic funding rounds. The most recent funding activity was a Angel Round round of $658.07 thousand completed in April 2021. 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 4
- Last Round Angel Round — $658,072
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First Round
First Round
(29 Jul 2017)
- Investors Count 17
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2021 | Amount | Angel Round - BazaarNXT | Valuation | Vanita Subhash Badarkhe , Suresh A Mahadevan | |
| Jan, 2019 | Amount | Angel Round - BazaarNXT | Valuation | Srigopal Subbaraman , Pritesh Gupta | |
| Sep, 2018 | Amount | Angel Round - BazaarNXT | Valuation | Shubhrendu Chandrashekhar Khoche |
| 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 BazaarNXT
BazaarNXT has secured backing from 17 investors, including angel investors. Prominent investors backing the company include Vanita Subhash Badarkhe, Saad Ahmed and Rajesh Mahadevan. 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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VS
Vanita Subhash Badarkhe |
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Founded Year | Domain | Location |
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SA
Saad Ahmed |
Angel investor and entrepreneur, co-founder of Spyne, focused on tech startups
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Founded Year | Domain | Location |
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RM
Rajesh Mahadevan |
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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 BazaarNXT
| 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 - BazaarNXT
| 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 |
Bazaarnxt Comparisons
Competitors of BazaarNXT
BazaarNXT 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 DCGpac, Ajanta Bottle, Pinnium, Grownex and Pirsq, 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 |
Packaging materials and supply-chain services are offered online to businesses.
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| domain | founded_year | HQ Location |
Provides glass bottles, jars, and caps for processing, cosmetics, and pharma sectors.
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| domain | founded_year | HQ Location |
Serves as an online supplier of packaging products and accessories.
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| domain | founded_year | HQ Location |
Operates as an online e-distributor of packaging products.
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| domain | founded_year | HQ Location |
An online marketplace for buying and selling packaging materials.
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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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Frequently Asked Questions about BazaarNXT
When was BazaarNXT founded?
BazaarNXT was founded in 2017.
Where is BazaarNXT located?
BazaarNXT is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of BazaarNXT?
Dhananjaya S is the current CEO of BazaarNXT. They have also founded this company.
Is BazaarNXT a funded company?
BazaarNXT is a funded company, having raised a total of $1.08M across 4 funding rounds to date. The company's 1st funding round was a Angel Round of $26.06K, raised on Jul 29, 2017.
How many employees does BazaarNXT have?
As of Mar 23, 2024, the latest employee count at BazaarNXT is 46.
What is the annual revenue of BazaarNXT?
Annual revenue of BazaarNXT is $1.22M as on Mar 31, 2020.
What does BazaarNXT do?
BazaarNXT was established in 2017 in Bengaluru, India. An online platform is maintained to deliver packaging solutions for businesses and individuals across multiple industries. High-quality materials are supplied to meet diverse needs. The platform also serves as a marketplace, where buyers and sellers are linked for a variety of packaging-related products and services. Operations focus on the e-commerce sector within packaging.
Who are the top competitors of BazaarNXT?
Who are BazaarNXT's investors?
BazaarNXT has 17 investors. Key investors include Vanita Subhash Badarkhe, Saad Ahmed, Rajesh Mahadevan, Vickram Mangalgiri, and Suresh A Mahadevan.
What is BazaarNXT's valuation?
The valuation of BazaarNXT is $1.69M as of Apr 2021.