Diamond Demand

Mumbai, India
Operates an online platform that connects diamond traders for seamless transactions.

About Diamond Demand

Diamond Demand is a Retail company based in Mumbai (India). It operates an online platform that connects diamond traders for seamless transactions. It operates on a B2B model. Its focus areas include E-commerce, Commodities Trading, Diamond Trading and Online Marketplace. Its legal entity in India is Diamond Demand Private Limited (U36911MH2021PTC353753). Its competitors include BizUp, Sarafa Bazar, Flipkart Wholesale, Zweler and GoModish; 3 of its 5 listed competitors have raised funding.

Company details

Diamond Demand operates an online platform that connects diamond traders for seamless transactions through operating online marketplaces, commodities trading, diamond trading, and online marketplace. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.

Key Metrics
  • Annual Revenue
    ₹42,120

    FY 2024 · +17% YoY

  • Net Loss
    -₹13,810

    FY 2024 · -33% margin

  • EBITDA
    -₹7,260

    FY 2024 · -17% margin

  • Employee Count
    1

Board of directors of Diamond Demand Private Limited (Diamond Demand)

Diamond Demand Private Limited is the primary company behind Diamond Demand. The board of Diamond Demand Private Limited currently have 2 directors; the longest-serving is Munit Ketan Shah, appointed in 2021.

DirectorDesignationAppointedTenureEntity
Munit Ketan Shah
DIN 09035242
Director19 Jan 20215 yrs 9 moDiamond Demand Private Limited
Vatsal Hiren Bhansali
DIN 09035283
Director19 Jan 20215 yrs 9 moDiamond Demand Private Limited

Financials of Diamond Demand

Figures of Diamond Demand Private Limited, the primary company behind Diamond Demand, for FY 2024. Revenue was ₹42,120 (+17% year on year). Net loss was -₹13,810 (-33% margin). EBITDA was -₹7,260 (-17% margin).

  • ₹42,120Revenue · FY 2024 · +17% YoY
  • -₹13,810Net loss · -33% margin
  • -₹7,260EBITDA · -17% margin
  • ₹1 LakhPaid-up capital

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

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Detailed financial statements for Diamond Demand

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Competitors of Diamond Demand

Diamond Demand has 5 listed competitors in our database, 3 of them funded. They include BizUp, Sarafa Bazar, Flipkart Wholesale, Zweler and GoModish, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
bizup.app2021Delhi, India$1.57M13
Fashion B2B wholesale is enabled via zero-commission video shopping app.
sarafabazar.in2020Saharanpur, India$97,99322
Online B2B marketplace for jewelry items is operated.
flipkartwholesale.com2020Bengaluru, India–1,000
Operates an app-based B2B platform for fashion products.
zweler.com2021Surat, India$181,614–
Jewelry products are manufactured for men and women.
gomodish.in2019Surat, India––
An online B2B wholesale platform specializing in fashion apparel for business buyers and retailers.
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Detailed competitors of Diamond Demand

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Top companies in Marketplaces & General E-Commerce

10 companies that operate in the same segment as Diamond Demand (Marketplaces & General E-Commerce), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Multi-category consumer products are offered via an online marketplace platform.
2007Bengaluru, Karnataka, IndiaUSD 12.12 BUSD 9.83 B18,938
Fashion and lifestyle products are offered via an online marketplace.
2007Bengaluru, Karnataka, IndiaUSD 123.71 MUSD 542.17 M1,108
Multi-category consumer products are sold via an online marketplace.
2010Seoul, Seoul, South KoreaUSD 3.9 BUSD 34.53 B95,000
Multi-category products are sold via an online marketplace platform.
2012Singapore, Singapore, SingaporeUSD 689.63 MUSD 617.56 M21,571
Multi-category products are offered through an online marketplace.
1994Seattle, Washington, United StatesUSD 8 M–769,165
Multi-category second-hand products are offered via online marketplace platform.
2007Moscow, RussiaUSD 161 M––
Used multi-category products are traded on an online marketplace platform.
2013Minato, Tokyo, JapanUSD 114.3 MUSD 1.41 B1,782
Multi-category consumer products are sold via an online marketplace platform.
1999Buenos Aires, Argentina–USD 28.89 B84,210
App-based marketplace and classified platform for multi-category products
2013Barcelona, Catalonia, SpainUSD 370.56 M––
Rides and deliveries are facilitated via a mobile app platform.
2012Dubai, Dubai, United Arab EmiratesUSD 771.7 M–6,360
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Frequently Asked Questions about Diamond Demand

Diamond Demand is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Diamond Demand has 1 employees.

The primary company behind Diamond Demand, Diamond Demand Private Limited, reported revenue of β‚Ή42,120 for FY 2024, up 17% year on year.

Diamond Demand operates an online platform that connects diamond traders for seamless transactions through operating online marketplaces, commodities trading, diamond trading, and online marketplace. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.

Diamond Demand's top competitors include Flipkart Wholesale, Zweler and BizUp.

Diamond Demand operates through Diamond Demand Private Limited.

The legal entities of Diamond Demand currently have 2 directors, including Munit Ketan Shah, Vatsal Hiren Bhansali.

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