About BigTrade
BigTrade is a Retail company based in Bengaluru (India) founded in 2017 by Sunil Soni and Kiran Lingam, and was acquired by WalmartLabs in July 2019. Multi-category goods are facilitated through an app-based B2B marketplace. The company was acqui-hired. Its focus areas include B2B E-Commerce, Horizontal and Marketplace. Its legal entity in India is Bigtrade Infosystems Private Limited (U72900KA2017PTC102274). Its competitors include IndiaMART, Udaan and Solv; 3 of its 3 listed competitors have raised funding.
Company details
BigTrade is an app-based B2B marketplace for multi-category goods. Currently provides two different apps for suppliers and buyers. Buyers can search for listed items on the platform and connect with registered traders. Has other features that allow users to negotiate and confirm orders including payments processing. Sellers can promote their products on the platform and also carry out questionnaire-based surveys and feedbacks. The app is available on iOS platform.
- Headquarters Bengaluru, India
- Founders Sunil Soni, Kiran Lingam
- Stage Acquired
- SectorsRetail
- Email••••••••
- Phone•••• ••••
- Website bigtrade.co
- Social LinkedIn X Facebook
- Acquired by WalmartLabs (Jul 2019)
- Legal Name Bigtrade Infosystems Private Limited
- Date of Incorporation 17 Apr, 2017
- Jurisdiction Bellandur, Karnataka, India
- Annual Revenue₹60,524
FY 2018
- Net Loss-₹4.3 Lakh
FY 2018 · -704% margin
- EBITDA-₹4.3 Lakh
FY 2018 · -704% margin
- Investors
- Acquired byWalmartLabs
(Jul 2019)
Associated legal entities of BigTrade
BigTrade operates through Bigtrade Infosystems Private Limited (strike off). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2018) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Bigtrade Infosystems Private Limited CIN U72900KA2017PTC102274 | Strike Off | 17 Apr 2017 | Bellandur, Karnataka | ₹0.0 Cr | 2 | View details |
Investors in BigTrade
BigTrade has secured backing from 1 investor. Prominent investors backing the company include WalmartLabs.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Serves as Walmart's technology center for innovative retail solutions. | 2011 | walmartlabs.com | San Bruno, United States |
Investor details for BigTrade
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Board of directors of Bigtrade Infosystems Private Limited (BigTrade)
Bigtrade Infosystems Private Limited is the primary company behind BigTrade. The board of Bigtrade Infosystems Private Limited currently have 2 directors; the longest-serving is Sunil Soni, appointed in 2017.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sunil Soni DIN 02399481 | Managing Director | 17 Apr 2017 | 9 yrs 6 mo | Bigtrade Infosystems Private Limited |
| Manorama Soni DIN 07782221 | Director | 17 Apr 2017 | 9 yrs 6 mo | Bigtrade Infosystems Private Limited |
People of BigTrade
2 people are tracked at BigTrade (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
Kiran Lingam | Co-Founder | Leadership |
Complete people profiles for BigTrade
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Financials of BigTrade
Figures of Bigtrade Infosystems Private Limited, the primary company behind BigTrade, for FY 2018. Revenue was ₹60,524. Net loss was -₹4.3 Lakh (-704% margin). EBITDA was -₹4.3 Lakh (-704% margin).
- ₹60,524Revenue · FY 2018
- -₹4.3 LakhNet loss · -704% margin
- -₹4.3 LakhEBITDA · -704% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Bigtrade Infosystems Private Limited are on its company page.
Detailed financial statements for BigTrade
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Timeline of BigTrade
2 dated milestones of BigTrade across 2 years, from founding to its latest funding, stage changes and deals.
- Founded BigTrade is founded.
- Exit Acquired by WalmartLabs.
Competitors of BigTrade
BigTrade has 3 listed competitors in our database, 3 of them funded. They include IndiaMART, Udaan and Solv.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| indiamart.com | 1999 | Noida, India | $37.24M | 3,623 | Online B2B marketplace connecting buyers and suppliers of diverse industrial products | |
| udaan.com | 2016 | Bengaluru, India | $2.7B | 1,791 | Online marketplace offering multi-category products | |
| solvezy.com | 2019 | Bengaluru, India | $40M | 412 | A B2B e-commerce platform is operated for MSMEs in India. |
Detailed competitors of BigTrade
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Top companies in B2B Marketplaces & Wholesale
2 companies that operate in the same segment as BigTrade (B2B Marketplaces & Wholesale) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online B2B marketplace connecting buyers and suppliers of diverse industrial products | 1999 | Noida, Uttar Pradesh, India | USD 37.24 M | USD 167.23 M | 6,100 | |
Digital procurement and supply solutions for construction materials are facilitated. | 2016 | Thane, Maharashtra, India | USD 783.57 M | USD 1.43 B | 2,645 |
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Related news about Bigtrade
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Frequently Asked Questions about BigTrade
BigTrade was founded in 2017.
BigTrade is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
The primary company behind BigTrade, Bigtrade Infosystems Private Limited, reported revenue of ₹60,524 for FY 2018.
BigTrade is an app-based B2B marketplace for multi-category goods. Currently provides two different apps for suppliers and buyers. Buyers can search for listed items on the platform and connect with registered traders. Has other features that allow users to negotiate and confirm orders including payments processing. Sellers can promote their products on the platform and also carry out questionnaire-based surveys and feedbacks. The app is available on iOS platform.
BigTrade has 1 investor. Key investors include WalmartLabs.
BigTrade operates through Bigtrade Infosystems Private Limited.
Yes. BigTrade was acquired by WalmartLabs in July 2019.
The legal entities of BigTrade currently have 2 directors, including Sunil Soni, Manorama Soni.