About Essmart
Essmart is a company based in Bengaluru (India) founded in 2011 by Taylor Matthews, Prashanth Venkataramana, and Poonacha kalengada. The company has 22 employees as of March 25, 2024. Essmart offers products and services including Essmart Dealer App, Curated Livelihood Products, and Market Research Services. Essmart operates in a competitive market with competitors including ShopKirana, Vilcart, XPAND, Farmkart and UdyamWell, among others.
- Headquarter Bengaluru, India
- Employees 22 as on 25 Mar, 2024
- Founders Taylor Matthews, Prashanth Venkataramana, Poonacha kalengada
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Sectors
Retail
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Essential Marketplace Solutions India Private Limited
- Date of Incorporation 11 Oct, 2012
- Jurisdiction Coimbatore, Tamil Nadu, India
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Annual Revenue
$1.28 M (USD)13.33as on Mar 31, 2023
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Net Profit
-$566.91 K (USD)-47.66as on Mar 31, 2023
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EBITDA
-$571.78 K (USD)-45.72as on Mar 31, 2023
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Latest Funding Round
Not available
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Investors
Elea Foundation
& 2 more
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Employee Count
22
as on Mar 25, 2024
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Products & Services of Essmart
Essmart offers a comprehensive portfolio of products and services, including Essmart Dealer App, Curated Livelihood Products, and Market Research Services.
App for shop owners to manage orders and access rewards
Platform offering agriculture and clean-tech items for rural sales
Services for product testing and rural market analysis
People of Essmart
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Advisor Team
3 people
Leadership Team
3 people
Finance and Accounting
1 people
Co Team
1 people
Global Team
1 people
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Funding Insights of Essmart
Investors in Essmart
Essmart has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Elea Foundation, DEG and Swiss Re Foundation.
| Investor | Description | Founded Year | Domain | Location |
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Private equity firm focused on growth equities
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Non-profit company focused on fighting poverty with entrepreneurial means
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Supports innovative projects for societal resilience in climate and health sectors.
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Locked | Locked | Locked |
Investor details for Essmart
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Essmart
Investment portfolio details for Essmart
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
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Financial Statements - Essmart
Detailed financials for Essmart
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
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Essmart Comparisons
Peer comparison for Essmart
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
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- Operating benchmarks
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Competitors of Essmart
Essmart 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 ShopKirana, Vilcart, XPAND, Farmkart and UdyamWell, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
Provider of B2B procurement platform for grocery retailers
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Tech-enabled logistics solutions are provided for rural retailers in India.
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Online B2B rural aggregator platform connecting brands with kirana stores
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An app-based platform for farming products and services is operated.
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Products of rural entrepreneurs are sold via an online platform.
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Detailed competitors of Essmart
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Essmart
Complete news archive for Essmart
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Frequently Asked Questions about Essmart
Essmart was founded in 2011 and raised its 1st funding round 7 years after it was founded.
Essmart is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Prashanth Venkataramana is the current CEO of Essmart. They have also founded this company.
As of Mar 25, 2024, the latest employee count at Essmart is 22.
Annual revenue of Essmart is $1.28M as on Mar 31, 2023.
Essmart was founded in 2011 in Bengaluru, India. A B2B e-commerce platform is operated to connect rural retail shops with farmer producer organizations and villages, addressing supply chain gaps. Market research and targeted rural marketing campaigns are conducted, while distribution is streamlined through technology and a last-mile network. A mobile app is offered to shop owners for order management and sales growth.
Essmart's top competitors include ShopKirana, Vilcart and XPAND.
Essmart offers Essmart Dealer App, Curated Livelihood Products, and Market Research Services.
Essmart has 3 investors. Key investors include Elea Foundation, DEG, and Swiss Re Foundation.