BazaarNXT

Bengaluru, India Founded: 2017 • Age: 9 yrs Minicorn
Packaging solutions are offered through an online marketplace platform.

About BazaarNXT

BazaarNXT is a Retail company based in Bengaluru (India) founded in 2017 by Vikram Raja, Gaurav Badarkhe, and Dhananjaya S. Packaging solutions are offered through an online marketplace platform. It operates in the Retail and Industrial Goods & Manufacturing sectors. 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. BazaarNXT was last valued at $1.69 million in April 2021. Its chief executive, as recorded, is Dhananjaya S. Its Indian entity Shopclients Consultancy Services Private Limited reported revenue of β‚Ή8.92 Cr. Its focus areas include B2B E-Commerce, Services, Packaging and Marketplace. Its competitors include DCGpac, Ajanta Bottle and Pinnium; 2 of its 3 listed competitors have raised funding.

Company details

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.

Key Metrics
  • Annual Revenue
    ₹8.92 Cr

    FY 2020 · +1762% YoY

  • Net Loss
    -₹1.26 Cr

    FY 2020 · -14% margin

  • EBITDA
    -₹1.22 Cr

    FY 2020 · -14% margin

  • Total Equity Funding
    $1.08M (USD)

    in 4 rounds

  • Latest Funding Round
    $658.07K (USD), Angel Round

    Apr 2021

  • Employee Count
    46

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 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 $1.08M
  • Total Rounds 4
  • Last Round Angel Round β€” $658,072
  • First Round $21,804

    (Jul 2017)

  • Investors Count 17

All 4 funding rounds of BazaarNXT with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Apr 2021$658,072Angel Round$1.69MVanita Subhash Badarkhe, Suresh A Mahadevan
Jan 2019$375,146Angel Round$1.9MSrigopal Subbaraman, Pritesh Gupta
Sep 2018$26,055Angel Round$β€’β€’β€’β€’β€’Shubhrendu Chandrashekhar Khoche
Jul 2017$21,804Angel Round$β€’β€’β€’β€’β€’Gaddam Rajanikanth
–
Valuation history
DateValuationStage
Apr 2021$1.69Mβ€’β€’β€’β€’β€’β€’β€’β€’
Jan 2019$1.9Mβ€’β€’β€’β€’β€’β€’β€’β€’
Sep 2018$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Full valuation and stage history of BazaarNXT

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Last known valuation $1.69M (Apr 2021). 17 investors in total: 0 institutional and 17 angel.

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.

All
Angel
InvestorDescriptionFounded YearDomainLocation

Vanita Subhash Badarkhe

unknown_1e054eaffd43459fb

Saad Ahmed

Angel investor and entrepreneur, co-founder of Spyne, focused on tech startups
unknown_35d490de3d224acf9

Rajesh Mahadevan

unknown_9272d0c2f4b045e98

Vickram Mangalgiri

Angel investor and entrepreneur, focused on tech startups in India.
unknown_7e99fb9ae94b4e07a

Suresh A Mahadevan

unknown_98403f4ef9e94c9bb

Shubhrendu Chandrashekhar Khoche

unknown_81820931ed3d4c1aa

Kiren Tanna

Angel investor, ex-CEO of Atomberg Technologies, focused on consumer tech
unknown_951515f7966a49d38

Suresh Kumili

Angel investor and tech entrepreneur with focus on early-stage startups
unknown_71b26bdd87b84bab9

Vidit Agrawal

unknown_82adb422dda64c2da

Shivakumar Sriraman

unknown_91decd7015fe48ae8
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Investor details for BazaarNXT

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Board of directors of Shopclients Consultancy Services Private Limited (BazaarNXT)

Shopclients Consultancy Services Private Limited is the primary company behind BazaarNXT. The board of Shopclients Consultancy Services Private Limited currently have 2 directors; the longest-serving is Shivanna Dhananjaya, appointed in 2017. 4 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Shivanna Dhananjaya
DIN 07635328
Director31 May 20179 yrs 5 moShopclients Consultancy Services Private Limited
Karteek Sirinomula
DIN 10821141
Additional Director25 Oct 20242 yrsShopclients Consultancy Services Private Limited

People of BazaarNXT

9 people are tracked at BazaarNXT (5 in leadership, 4 in team); the tracked headcount is 46.

NameRoleGroup
Vikram Raja
Co-Founder & COOLeadership
Co-Founder & CTOLeadership
Dhananjaya S
Co-Founder & CEOLeadership
Executive DirectorLeadership
Harish Kumar
Assistant General Manager-Key AccountsLeadership
Adithya Naik
Vendor ManagerTeam
Danish A.
Procurement Manager - Enterprise AccountsTeam
Saurabh Kumar Singh
Manager Enterprise AccountsTeam
Mohit jha
Web DeveloperTeam
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Financials of BazaarNXT

Figures of Shopclients Consultancy Services Private Limited, the primary company behind BazaarNXT, for FY 2020. Revenue was ₹8.92 Cr (+1762% year on year). Net loss was -₹1.26 Cr (-14% margin). EBITDA was -₹1.22 Cr (-14% margin).

  • ₹8.92 CrRevenue · FY 2020 · +1762% YoY
  • -₹1.26 CrNet loss · -14% margin
  • -₹1.22 CrEBITDA · -14% margin
  • ₹15.9 LakhPaid-up capital
  • 46Employees (provident fund records)

Balance sheet, profit and loss, cash flow and ratios of Shopclients Consultancy Services Private Limited are on its company page.

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Detailed financial statements for BazaarNXT

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Timeline of BazaarNXT

4 dated milestones of BazaarNXT across 4 years, from founding to its latest funding, stage changes and deals.

  1. Founded BazaarNXT is founded.
  2. Funding First funding round of $22K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Angel Round, of $658K.

Competitors of BazaarNXT

BazaarNXT has 3 listed competitors in our database, 2 of them funded. They include DCGpac, Ajanta Bottle and Pinnium.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
dcgpac.com2005Gurugram, India$5.05M148
Packaging materials and supply-chain services are offered online to businesses.
ajantabottle.com1981Delhi, India35
Provides glass bottles, jars, and caps for processing, cosmetics, and pharma sectors.
pinnium.com2014Bengaluru, India$60,569
Serves as an online supplier of packaging products and accessories.
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Detailed competitors of BazaarNXT

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Verified entity values are shown only after access is granted.

Top companies in B2B Marketplaces & Wholesale

2 companies that operate in the same segment as BazaarNXT (B2B Marketplaces & Wholesale) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Online B2B marketplace connecting buyers and suppliers of diverse industrial products
1999Noida, Uttar Pradesh, IndiaUSD 38.2 MUSD 167.23 M6,100
Digital procurement and supply solutions for construction materials are facilitated.
2016Thane, Maharashtra, IndiaUSD 783.57 MUSD 1.43 B2,645
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Frequently Asked Questions about BazaarNXT

BazaarNXT was founded in 2017.

BazaarNXT is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Dhananjaya S is the CEO of BazaarNXT, as recorded in our data. They have also founded this 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 $21.8K, raised on Jul 2017.

BazaarNXT has 46 employees.

The primary company behind BazaarNXT, Shopclients Consultancy Services Private Limited, reported revenue of β‚Ή8.92 Cr for FY 2020, up 1762% year on year.

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.

BazaarNXT's top competitors include DCGpac, Pinnium and Ajanta Bottle.

BazaarNXT has 17 investors. Key investors include Vanita Subhash Badarkhe, Saad Ahmed, Rajesh Mahadevan, Vickram Mangalgiri, and Suresh A Mahadevan.

The valuation of BazaarNXT is $1.69M as of Apr 2021.

BazaarNXT operates through Shopclients Consultancy Services Private Limited.

The legal entities of BazaarNXT currently have 2 directors, including Karteek Sirinomula, Shivanna Dhananjaya.

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