About farmersMandi
farmersMandi is a Retail company based in Bengaluru (India) founded in 2019. It operates an e-commerce platform for buying and selling fruits and vegetables. It operates on a B2C model. The company has 12 employees. Its Indian entity Brih Solutions Private Limited reported revenue of ₹5.96 Cr. Its focus areas include E-commerce, Food Retail and Fruits and Vegetables. Similar companies include Blinkit, Swiggy and Bigbasket; 3 of its 3 listed similar companies have raised funding.
Company details
farmersMandi operates an e-commerce platform for buying and selling fruits and vegetables through engaging in retail operations, operating online marketplaces, food retail, and fruits and vegetables. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field.
- Headquarters Bengaluru, India
- Employees 12
- SectorsRetail
- Website farmersmandi.in
- Social Facebook
- Legal Name Brih Solutions Private Limited
- Date of Incorporation 12 Dec, 2019
- Jurisdiction Bengaluru, Karnataka, India
- Annual Revenue₹5.96 Cr
FY 2024 · -26% YoY
- Net Loss-₹3.16 Cr
FY 2024 · -53% margin
- EBITDA-₹1.15 Cr
FY 2024 · -19% margin
- Employee Count12
Associated legal entities of farmersMandi
farmersMandi operates through Brih Solutions 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 |
|---|---|---|---|---|---|---|---|
| Brih Solutions Private Limited CIN U74999KA2019PTC130565 | Active | 12 Dec 2019 | Bengaluru, Karnataka | ₹6.0 Cr | 12 | 2 | View details |
Board of directors of Brih Solutions Private Limited (farmersMandi)
Brih Solutions Private Limited is the primary company behind farmersMandi. The board of Brih Solutions Private Limited currently have 2 directors; the longest-serving is Padmaraju Asha, appointed in 2019.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Padmaraju Asha DIN 07504472 | Director | 12 Dec 2019 | 6 yrs 11 mo | Brih Solutions Private Limited |
| Charan Kumar Raju Padmaraju DIN 01446923 | Director | 12 Dec 2019 | 6 yrs 11 mo | Brih Solutions Private Limited |
Financials of farmersMandi
Figures of Brih Solutions Private Limited, the primary company behind farmersMandi, for FY 2024. Revenue was ₹5.96 Cr (-26% year on year). Net loss was -₹3.16 Cr (-53% margin). EBITDA was -₹1.15 Cr (-19% margin). Revenue has grown at a compounded annual rate of +14% over three years.
- ₹5.96 CrRevenue · FY 2024 · -26% YoY
- -₹3.16 CrNet loss · -53% margin
- -₹1.15 CrEBITDA · -19% margin
- ₹1 LakhPaid-up capital
- 12Employees (provident fund records)
- +14%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Brih Solutions Private Limited are on its company page.
Detailed financial statements for farmersMandi
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Similar companies to farmersMandi
farmersMandi has 3 listed similar companies in our database, 3 of them funded. They include Blinkit, Swiggy and Bigbasket.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| blinkit.com | 2013 | Gurugram, India | $757.52M | 5,975 | Instant delivery of groceries and essentials is facilitated online. | |
| swiggy.com | 2014 | Bengaluru, India | $3.62B | 4,953 | Food and grocery items are ordered via an online network. | |
| bigbasket.com | 2011 | Bengaluru, India | $943.07M | 22,095 | Personal and household products are delivered via an e-commerce platform. |
Detailed similar companies of farmersMandi
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Top companies in Food & Grocery Retail
3 companies that operate in the same segment as farmersMandi (Food & Grocery Retail) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.54 B | USD 2.51 B | 4,488 | |
Personal and household products are delivered via an e-commerce platform. | 2011 | Bengaluru, Karnataka, India | USD 943.07 M | USD 1.17 B | 22,095 | |
Quick-commerce platform delivering groceries, household essentials and other everyday products in India. | 2013 | Gurugram, Haryana, India | USD 757.12 M | 11,913 |
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Frequently Asked Questions about farmersMandi
farmersMandi was founded in 2019.
farmersMandi is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
farmersMandi has 12 employees.
The primary company behind farmersMandi, Brih Solutions Private Limited, reported revenue of ₹5.96 Cr for FY 2024, down 26% year on year.
farmersMandi operates an e-commerce platform for buying and selling fruits and vegetables through engaging in retail operations, operating online marketplaces, food retail, and fruits and vegetables. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field.
farmersMandi operates through Brih Solutions Private Limited.
The legal entities of farmersMandi currently have 2 directors, including Padmaraju Asha, Charan Kumar Raju Padmaraju.