About Chaturlocal
Chaturlocal is a Retail company based in Bengaluru (India) founded in 2015. Online platform for discovering local shops and enrolling businesses efficiently. It operates on a B2C and Marketplace model. Its Indian entity Microcommerce Business Innovations Private Limited reported revenue of ₹1.1 Lakh. Chaturlocal offers products and services including Shopping Platform. Its focus areas include Consumer, Ecommerce, Local Retail and Hyperlocal Shopping. Its competitors include Arzooo, ZopSmart and Vinculum Solutions; 3 of its 3 listed competitors have raised funding.
Company details
Chaturlocal operates as an online platform that connects users with nearby stores for shopping and allows businesses to enroll for opportunities. It facilitates local commerce through features like product browsing, carts, and user login. Based in Bangalore, India, it serves consumers and businesses by suggesting nearest shops via location-based services. The platform includes contact options and privacy policies to ensure secure interactions.
- Headquarters Bengaluru, India
- SectorsRetail
- Email••••••••
- Website chaturlocal.com
- Social X
- Legal Name Microcommerce Business Innovationsprivate Limited
- Date of Incorporation 30 Apr, 2015
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹1.1 Lakh
FY 2024 · -21% YoY
- Net Loss-₹5.1 Lakh
FY 2024 · -476% margin
- EBITDA-₹5 Lakh
FY 2024 · -468% margin
Associated legal entities of Chaturlocal
Chaturlocal operates through Microcommerce Business Innovations Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Microcommerce Business Innovations Private Limited CIN U72200KA2015PTC080052 | Active | 30 Apr 2015 | Bangalore, Karnataka | ₹0.0 Cr | 3 | View details |
Products & Services of Chaturlocal
Chaturlocal offers a comprehensive portfolio of products and services, including Shopping Platform.
Platform for local product discovery and business enrollment.
Board of directors of Microcommerce Business Innovations Private Limited (Chaturlocal)
Microcommerce Business Innovations Private Limited is the primary company behind Chaturlocal. The board of Microcommerce Business Innovations Private Limited currently have 3 directors; the longest-serving is Pallavi Simha, appointed in 2015. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Pallavi Simha DIN 07131463 | Director | 30 Apr 2015 | 11 yrs 5 mo | Microcommerce Business Innovations Private Limited |
| Nanjundappa Prasad DIN 07131457 | Director | 10 Jun 2015 | 11 yrs 4 mo | Microcommerce Business Innovations Private Limited |
| Kirti Simha DIN 07131455 | Director | 10 Jun 2015 | 11 yrs 4 mo | Microcommerce Business Innovations Private Limited |
Financials of Chaturlocal
Figures of Microcommerce Business Innovations Private Limited, the primary company behind Chaturlocal, for FY 2024. Revenue was ₹1.1 Lakh (-21% year on year). Net loss was -₹5.1 Lakh (-476% margin). EBITDA was -₹5 Lakh (-468% margin). Revenue has grown at a compounded annual rate of -87% over three years and -24% over five years.
- ₹1.1 LakhRevenue · FY 2024 · -21% YoY
- -₹5.1 LakhNet loss · -476% margin
- -₹5 LakhEBITDA · -468% margin
- ₹2 LakhPaid-up capital
- -87%Revenue CAGR, 3 years
- -24%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Microcommerce Business Innovations Private Limited are on its company page.
Detailed financial statements for Chaturlocal
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of Chaturlocal
Chaturlocal has 3 listed competitors in our database, 3 of them funded. They include Arzooo, ZopSmart and Vinculum Solutions.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| arzooo.com | 2016 | Bengaluru, India | $89.75M | 109 | Technology platform for retail management and electronics trading is provided. | |
| zopsmart.com | 2011 | Bengaluru, India | $12.86M | 464 | Omni-channel solutions are provided for offline businesses. | |
| vinculumgroup.com | 2007 | Noida, India | $23.41M | 324 | Cloud-based end-to-end eCommerce and retail solutions are provided. |
Detailed competitors of Chaturlocal
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Marketplaces & General E-Commerce
2 companies that operate in the same segment as Chaturlocal (Marketplaces & General E-Commerce) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Multi-category consumer products are offered via an online marketplace platform. | 2007 | Bengaluru, Karnataka, India | USD 12.12 B | USD 9.83 B | 18,938 | |
Fashion and lifestyle products are offered via an online marketplace. | 2007 | Bengaluru, Karnataka, India | USD 123.71 M | USD 542.17 M | 1,108 |
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Frequently Asked Questions about Chaturlocal
Chaturlocal was founded in 2015.
Chaturlocal is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
The primary company behind Chaturlocal, Microcommerce Business Innovations Private Limited, reported revenue of ₹1.1 Lakh for FY 2024, down 21% year on year.
Chaturlocal operates as an online platform that connects users with nearby stores for shopping and allows businesses to enroll for opportunities. It facilitates local commerce through features like product browsing, carts, and user login. Based in Bangalore, India, it serves consumers and businesses by suggesting nearest shops via location-based services. The platform includes contact options and privacy policies to ensure secure interactions.
Chaturlocal's top competitors include Arzooo, Vinculum Solutions and ZopSmart.
Chaturlocal offers Shopping Platform.
Chaturlocal operates through Microcommerce Business Innovations Private Limited.
The legal entities of Chaturlocal currently have 3 directors, including Pallavi Simha, Nanjundappa Prasad, Kirti Simha.