About Excess2Sell
Excess2Sell is a company based in Mumbai (India) founded in 2016 by Anant Chaturvedi and Rajan Sharma. It operates as a Two-Sided Marketplace. Excess2Sell has raised $2.76 million across 8 funding rounds from investors including Gazania Advisory, Aashish Pitale and Rekha Bagry. The company has 7 employees as of April 07, 2024. Excess2Sell offers products and services including Overstock Inventory Liquidation and Brand Store Services. Excess2Sell operates in a competitive market with competitors including Value Shoppe, UnStockify, Ekam Invento, Off Price and Hotshelf, among others.
- Headquarter Mumbai, India
- Employees 7 as on 07 Apr, 2024
- Founders Anant Chaturvedi, Rajan Sharma
- Stage Minicorn
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Sectors
Retail
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Email
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Phone
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Website
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Social
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- Legal Name Checkers India Technology Pvt Ltd
- Date of Incorporation 02 Mar, 2016
- Jurisdiction Rabale, Maharashtra, India
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Annual Revenue
$43.51 M (USD)241.33as on Mar 31, 2023
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Net Profit
-$393.3 K (USD)-504.53as on Mar 31, 2023
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EBITDA
-$355.74 K (USD)-463.88as on Mar 31, 2023
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Total Equity Funding
$2.76 M (USD)
in 8 rounds
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Latest Funding Round
$1.21 M (USD), Seed
Jun 19, 2023
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Investors
Gazania Advisory
& 18 more
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Employee Count
7
as on Apr 07, 2024
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Products & Services of Excess2Sell
Excess2Sell offers a comprehensive portfolio of products and services, including Overstock Inventory Liquidation and Brand Store Services.
Excess inventory is liquidated through a B2B platform.
Brand inventory is managed via a dedicated platform.
People of Excess2Sell
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Funding Insights of Excess2Sell
Excess2Sell has successfully raised a total of $2.76M across 8 strategic funding rounds. The most recent funding activity was a Seed round of $1.21 million completed in June 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Excess2Sell
Excess2Sell has secured backing from 19 investors, including institutional and angel investors. Prominent investors backing the company include Gazania Advisory, Aashish Pitale and Rekha Bagry.
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Aashish Pitale |
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Rekha Bagry |
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Investor details for Excess2Sell
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Investments & Acquisitions by Excess2Sell
Investment portfolio details for Excess2Sell
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Financial Statements - Excess2Sell
Detailed financials for Excess2Sell
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Excess2sell Comparisons
Peer comparison for Excess2Sell
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Competitors of Excess2Sell
Excess2Sell 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 Value Shoppe, UnStockify, Ekam Invento, Off Price and Hotshelf, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Online platform for buying and selling excess stock at wholesale prices.
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Functions as an upcoming marketplace for trading unused inventory stock.
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Interactive platform for buying and selling unused industrial products.
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B2B platform to manage and resell returned and excess merchandise
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A B2B marketplace platform for non-moving inventory.
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Detailed competitors of Excess2Sell
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Latest news on Excess2sell
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Frequently Asked Questions about Excess2Sell
Excess2Sell was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Excess2Sell is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Rajan Sharma is the current CEO of Excess2Sell. They have also founded this company.
Excess2Sell is a funded company, having raised a total of $2.76M across 8 funding rounds to date.
As of Apr 07, 2024, the latest employee count at Excess2Sell is 7.
Annual revenue of Excess2Sell is $43.51M as on Mar 31, 2023.
Excess2Sell is managed as a tech-enabled B2B platform in India, focusing on excess, open-box, and return inventory liquidation. Services are provided to brands, manufacturers, vendors, and wholesalers nationwide. Solutions for efficient inventory management and real-time liquidation are offered, ensuring secure and transparent transactions across various sectors like electronics, apparel, and home goods.
Excess2Sell's top competitors include Value Shoppe, UnStockify and Off Price.
Excess2Sell offers Overstock Inventory Liquidation and Brand Store Services.
Excess2Sell has 19 investors. Key investors include Gazania Advisory, Aashish Pitale, Rekha Bagry, Aditya Sood, and Gautham Madhavan.
The valuation of Excess2Sell is $3.3M as of Jul 2022.