Beldara

Mumbai, India Founded: 2018 • Age: 8 yrs Minicorn
Multi-category products are sourced via B2B marketplace platform.

About Beldara

Beldara is a company based in Mumbai (India) founded in 2018 by Pradeep Khandekar and Bhagwan Madhavrao Khandekar. Beldara has raised $7.4 million across 1 funding round from investors including Hindustan Media Ventures. Beldara operates in a competitive market with competitors including Blinkit, Swiggy, Dunzo, Firstclub and KiranaPro, among others.

  • Headquarter Mumbai, India
  • Founders Pradeep Khandekar, Bhagwan Madhavrao Khandekar
  • Stage Minicorn
  • Sectors
    Retail
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website beldara.com
  • Social LinkedIn X Facebook
  • Legal Name Pmk Ecommerce Private Limited
  • Date of Incorporation 02 Aug, 2018
  • Jurisdiction Mumbai, Maharashtra, India
Key Metrics
  • Annual Revenue
    ₹1.93 Cr

    FY 2021 · +254% YoY

  • Net Loss
    -₹1.84 Cr

    FY 2021 · -95% margin

  • EBITDA
    -₹1.72 Cr

    FY 2021 · -89% margin

  • Total Equity Funding
    $7.4M (USD)

    in 1 rounds

  • Latest Funding Round
    $7.4M (USD), Series A

    Mar 2021

  • Investors

Funding Insights of Beldara

Beldara has successfully raised a total of $7.4M through 1 strategic funding round. The most recent funding activity was a Series A round of $7.4 million completed in March 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 $7.4M
  • Total Rounds 1
  • Last Round Series A β€” $7.4M
  • First Round $7.4M

    (Mar 2021)

  • Investors Count 1

All 1 funding rounds of Beldara with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2021$7.4MSeries A$40.36MHindustan Media Ventures
–
Valuation history
DateValuationStage
Mar 2021$40.36Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $40.36M (Mar 2021). 1 investors in total: 1 institutional.

Investors in Beldara

Beldara has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Hindustan Media Ventures.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Printed newspapers and periodicals are produced and published.
1918hmvl.inDelhi, India
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Investor details for Beldara

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Board of directors of Pmk Ecommerce Private Limited (Beldara)

Pmk Ecommerce Private Limited is the primary company behind Beldara. The board of Pmk Ecommerce Private Limited currently have 2 directors; the longest-serving is Bhagwan Madhavrao Khandekar, appointed in 2018. 4 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Bhagwan Madhavrao Khandekar
DIN 06412726
Director02 Aug 20188 yrs 2 moPmk Ecommerce Private Limited
Sachin Baban Shelke
DIN 08673102
Additional Director12 Oct 20214 yrs 11 moPmk Ecommerce Private Limited

People of Beldara

2 people are tracked at Beldara (2 in leadership).

NameRoleGroup
Pradeep Khandekar
Co-Founder & Managing DirectorLeadership
Co-FounderLeadership
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Complete people profiles for Beldara

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Financials of Beldara

Figures of Pmk Ecommerce Private Limited, the primary company behind Beldara, for FY 2021. Revenue was ₹1.93 Cr (+254% year on year). Net loss was -₹1.84 Cr (-95% margin). EBITDA was -₹1.72 Cr (-89% margin).

  • ₹1.93 CrRevenue · FY 2021 · +254% YoY
  • -₹1.84 CrNet loss · -95% margin
  • -₹1.72 CrEBITDA · -89% margin
  • ₹54.4 LakhPaid-up capital

Balance sheet, profit and loss, cash flow and ratios of Pmk Ecommerce Private Limited are on its company page.

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Detailed financial statements for Beldara

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Timeline of Beldara

3 dated milestones of Beldara across 3 years, from founding to its latest funding, stage changes and deals.

  1. Founded Beldara is founded.
  2. Funding First funding round of $7.4M.
  3. Milestone Reaches Minicorn status.

Competitors of Beldara

Beldara 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 Blinkit, Swiggy, Dunzo, Firstclub and KiranaPro, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
blinkit.com2013Gurugram, India$757.12M5,975
Instant delivery of groceries and essentials is facilitated online.
swiggy.com2014Bengaluru, India$3.54B4,953
Food and grocery items are ordered via an online network.
dunzo.com2014Bengaluru, India$449.13M195
Operates an on-demand hyperlocal delivery app for food and groceries.
firstclub.co.in2024Bengaluru, India$31M–
Curated membership platform for food products is operated.
kirana.pro2024Bengaluru, India$186,711–
Multi-category food products from local stores are retailed online.
pincode.com2004Bengaluru, India––
Online app for quick delivery of groceries, medicines, and fashion items.
bindassbasket.com2018Bengaluru, India––
Manages an e-commerce store offering multi-category grocery products.
mapprr.com2015Hyderabad, India––
Provides a mobile app for discovering, purchasing, and delivering from local shops.
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Detailed competitors of Beldara

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  • Operating metrics
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Latest news on Beldara

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Complete news archive for Beldara

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Similar companies to Beldara

10 companies that operate in the same segment as Beldara (Food & Grocery Retail), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Food and grocery deliveries are facilitated through an app-based platform.
2013San Francisco, California, United StatesUSD 2.47 BUSD 10.72 B23,700
Food and grocery items are ordered via an online network.
2014Bengaluru, Karnataka, IndiaUSD 3.54 BUSD 2.46 B4,490
Meal recipe kits are delivered through a weekly subscription service.
2011Berlin, Berlin, GermanyUSD 367.28 M––
Online marketplace offering multi-category grocery products
2015Barcelona, Catalonia, SpainUSD 1.16 B––
Personal and household products are delivered via an e-commerce platform.
2011Bengaluru, Karnataka, IndiaUSD 943.07 M––
Instant delivery of groceries and essentials is facilitated online.
2013Gurugram, Haryana, IndiaUSD 757.12 M––
Multi-category products are delivered quickly through an online platform.
2020Bengaluru, Karnataka, IndiaUSD 2.3 BUSD 344.05 K100
Organic groceries are offered through an online membership platform.
2013Los Angeles, California, United StatesUSD 332.18 M––
Online marketplace platform offering multi-category grocery products
2012San Francisco, California, United StatesUSD 2.93 BUSD 3.74 B3,270
Platform offering food and grocery delivery services
2013London, England, United KingdomUSD 2.95 BUSD 2.59 B3,960
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Frequently Asked Questions about Beldara

Beldara was founded in 2018 and raised its 1st funding round 3 years after it was founded.

Beldara is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Beldara is a funded company, having raised a total of $7.4M across 1 funding round to date. The company's 1st funding round was a Series A of $7.4M, raised on Mar 2021.

The primary company behind Beldara, Pmk Ecommerce Private Limited, reported revenue of β‚Ή1.93 Cr for FY 2021, up 254% year on year.

Founded in 2018 and based in Mumbai, India, a B2B marketplace platform is operated to connect businesses with manufacturers, wholesalers, and distributors. Bulk sourcing of diverse products, including consumer goods, industrial supplies, electronics, and textiles, is facilitated. Competitive pricing and supply chain efficiency are supported through the platforms catalog and direct procurement options.

Beldara's top competitors include Swiggy, Blinkit and Dunzo.

Beldara has 1 investor. Key investors include Hindustan Media Ventures.

The valuation of Beldara is $40.36M as of Mar 2021.

Beldara operates through Pmk Ecommerce Private Limited.

The legal entities of Beldara currently have 2 directors, including Bhagwan Madhavrao Khandekar, Sachin Baban Shelke.

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