BuyElectric

Vadodara, India Founded: 2015 • Age: 11 yrs
Online platform selling electrical products, accessories, and services in India.
Annual revenue $18.1M Latest available
Total funding - Funding intelligence
Employees 34 Tracked headcount
Investors - Known backers
Products 4 Services tracked
Competitors 7 Brand Intelligence

About BuyElectric

BuyElectric is a company based in Vadodara (India) founded in 2015 by Bhavin Shah. It operates as a B2C and D2C. The company has 34 employees as of March 31, 2023. BuyElectric offers products and services including Switches, Fans, Cables, and Safety Products. BuyElectric operates in a competitive market with competitors including Evelta, Distrelec, ElecTrade, ElectronicsComp and LockTheDeal, among others.

  • Headquarter Vadodara, India
  • Employees 34 as on 31 Mar, 2023
  • Founders Bhavin Shah
  • Sectors
    Retail
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Green Electricals Private Limited
  • Date of Incorporation 25 May, 2005
  • Jurisdiction Vadodara, Gujarat, India
Operational Areas
Retail → E-Commerce Platforms & Marketplaces Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $18.09 M (USD)
    4.96
    as on Mar 31, 2023
  • Net Profit
    $262.97 K (USD)
    -46.88
    as on Mar 31, 2023
  • EBITDA
    $513.26 K (USD)
    -29.94
    as on Mar 31, 2023
  • Latest Funding Round
    Not available
  • Investors
    Not available
  • Employee Count
    34

    as on Mar 31, 2023

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Products & Services of BuyElectric

BuyElectric offers a comprehensive portfolio of products and services, including Switches, Fans, Cables, and Safety Products.

Product name locked
Category locked
Primary

Devices for controlling electrical circuits in homes

Product name locked
Category locked
Locked

Ventilation solutions including ceiling and wall fans

Product name locked
Category locked
Locked

Wires and connectors for electrical installations

Product name locked
Category locked
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Protective gear like gloves and helmets for electrical work

Funding Insights of BuyElectric

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Detailed funding history for BuyElectric

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Investments & Acquisitions by BuyElectric

Investments
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Investment portfolio details for BuyElectric

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Financial Statements - BuyElectric

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Detailed financials for BuyElectric

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Buyelectric Comparisons

BuyElectric Primary company
Description
Online platform selling electrical products, accessories, an...
Location
Vadodara, India
Founded Year
2015
Annual Revenue
$18.09 M (USD)
Net Profit
$262.97 K (USD)
EBITDA
$513.26 K (USD)
Employees
34
As of 2023
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Peer comparison for BuyElectric

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Competitors of BuyElectric

BuyElectric 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 Evelta, Distrelec, ElecTrade, ElectronicsComp and LockTheDeal, among others.

Company Name Domain Founded year HQ Location Description
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Online retailer of electronic components and development boards.
Locked Locked Locked
Electronic and technical products are distributed online.
Locked Locked Locked
Provider of electronic components including passive components, ICs, optoelectronics, discrete semiconductors, and electromechanical products
Locked Locked Locked
Electronic components and related products are retailed online.
Locked Locked Locked
End-to-end distribution services for retailers are facilitated online.
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Detailed competitors of BuyElectric

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Latest news on Buyelectric

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Complete news archive for BuyElectric

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Frequently Asked Questions about BuyElectric

BuyElectric was founded in 2015.

BuyElectric is headquartered in Vadodara, India. It is registered at Vadodara, Gujarat, India.

Bhavin Shah is the current CEO of BuyElectric. They have also founded this company.

As of Mar 31, 2023, the latest employee count at BuyElectric is 34.

Annual revenue of BuyElectric is $18.09M as on Mar 31, 2023.

Buyelectric.com operates as an e-commerce platform offering a wide range of electrical items like switches, fans, cables, and safety equipment. It facilitates online shopping with delivery options across India, featuring brands such as Polycab and Havells. Based in Vadodara, Gujarat, it provides customer support and aims to make electrical products accessible at competitive prices.

BuyElectric's top competitors include Distrelec, Evelta and ElectronicsComp.

BuyElectric offers Switches, Fans, Cables, and Safety Products.

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