About ElecTrade
ElecTrade is a company based in Delhi (India) founded in 2019 by Milind Srivastava and Rishikesh Ranjan. The company has 33 employees as of April 05, 2024. ElecTrade operates in a competitive market with competitors including Evelta, Distrelec, ElectronicsComp, LockTheDeal and BuyElectric, among others.
- Headquarter Delhi, India
- Employees 33 as on 05 Apr, 2024
- Founders Milind Srivastava, Rishikesh Ranjan
-
Sectors
Retail
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Hatchnhack Solutions Private Limited
- Date of Incorporation 21 May, 2019
- Jurisdiction New Delhi, Delhi, India
-
Annual Revenue
$609.61 K (USD)182.07as on Mar 31, 2023
-
Net Profit
-$199.7 K (USD)-3117.34as on Mar 31, 2023
-
EBITDA
-$187.06 K (USD)-2410.18as on Mar 31, 2023
-
Latest Funding Round
-
Investors
DeVC
& 3 more
-
Employee Count
33
as on Apr 05, 2024
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of ElecTrade
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2024 | Amount | Seed - ElecTrade | Valuation | DeVC |
Investors in ElecTrade
ElecTrade has secured backing from 4 investors, including venture fund and angel investors. Prominent investors backing the company include DeVC, Amit Lakhotia Kumar and Pawan Gupta.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Early-stage investing and community support for startups.
|
Founded Year | Domain | Location | |
|
AL
Amit Lakhotia Kumar |
Founder of Park+, angel investor in mobility and consumer tech startups
|
Founded Year | Domain | Location |
|
PG
Pawan Gupta |
Angel investor, ex-Director at American Express, focused on fintech and consumer tech.
|
Founded Year | Domain | Location |
Investments & Acquisitions by ElecTrade
Financial Statements - ElecTrade
Electrade Comparisons
Competitors of ElecTrade
ElecTrade 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, ElectronicsComp, LockTheDeal and BuyElectric, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online retailer of electronic components and development boards.
|
|
| domain | founded_year | HQ Location |
Electronic and technical products are distributed online.
|
|
| domain | founded_year | HQ Location |
Electronic components and related products are retailed online.
|
|
| domain | founded_year | HQ Location |
End-to-end distribution services for retailers are facilitated online.
|
|
| domain | founded_year | HQ Location |
Online platform selling electrical products, accessories, and services in India.
|
Latest news on Electrade
Frequently Asked Questions about ElecTrade
ElecTrade was founded in 2019 and raised its 1st funding round 5 years after it was founded.
ElecTrade is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Rishikesh Ranjan is the current CEO of ElecTrade. They have also founded this company.
As of Apr 05, 2024, the latest employee count at ElecTrade is 33.
Annual revenue of ElecTrade is $609.61K as on Mar 31, 2023.
ElecTrade was founded in 2019 in Delhi, India, focusing on the electronics sector. A range of components such as passive elements, integrated circuits, optoelectronics, discrete semiconductors, and electromechanical products is distributed. These items support applications in various industries. Operations are based in India, with distribution handled through the domain electrad.in. Leadership includes co-founders Milind Srivastava and Rishikesh Ranjan as CEO.
ElecTrade's top competitors include Distrelec, Evelta and ElectronicsComp.
ElecTrade has 4 investors. Key investors include DeVC, Amit Lakhotia Kumar, Pawan Gupta, and Arjun Kapoor.