About GramFactory
GramFactory was a Retail company based in Gurugram (India) founded in 2018. It operates as an an app-based B2B marketplace offering multi-category products to retailers. It operates on a B2B model. GramFactory has raised $8.9 million across 5 funding rounds from investors including Wellfound, Omidyar Network and Tracxn Labs. The company has 61 employees. GramFactory was last valued at $26.13 million in May 2022. Its Indian entity Addistro Technologies Private Limited reported revenue of ₹1.2 Lakh. The company is recorded as dissolved. Its focus areas include E-commerce, Marketplaces, B2B Platforms and Retail Products. Its competitors include Moglix, IndiaMART, Udaan, Solv and ProcMart and 3 more; 7 of its 8 listed competitors have raised funding.
Company details
GramFactory, based in Gurugram, focuses on operating online marketplaces, marketplaces, b2b platforms, and retail products. An app-based B2B marketplace offering multi-category products to retailers. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Gurugram, India
- Employees 61
- Stage Minicorn
- SectorsRetail
- Website gramfactory.com
- Legal Name Addistro Technologies Private Limited
- Date of Incorporation 28 May, 2018
- Jurisdiction Gurgaon, Haryana, India
- Annual Revenue₹1.2 Lakh
FY 2025 · -86% YoY
- Net Loss-₹1.17 Cr
FY 2025 · -9913% margin
- EBITDA-₹1.17 Cr
FY 2025 · -9850% margin
- Total Equity Funding$8.9M (USD)
in 5 rounds
- Latest Funding Round$1.39M (USD), Seed
May 2022
- InvestorsWellfound
& 32 more
- Employee Count61
Associated legal entities of GramFactory
GramFactory operates through Addistro Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Addistro Technologies Private Limited CIN U74999HR2018PTC074297 | Active | 28 May 2018 | Gurgaon, Haryana | ₹0.0 Cr | 61 | 2 | View details |
Funding Insights of GramFactory
GramFactory has successfully raised a total of $8.9M across 5 strategic funding rounds. The most recent funding activity was a Seed round of $1.39 million completed in May 2022. 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.
- Total Funding $8.9M
- Total Rounds 5
- Last Round Seed — $1.39M
- First Round $906,267
(Sep 2018)
- Investors Count 33
All 5 funding rounds of GramFactory with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2022 | $1.39M | Seed | $26.13M | Omidyar Network | |
| May 2021 | $2.85M | Seed | $16.08M | DG Ventures | |
| Sep 2019 | $2.75M | Seed | $••••• | Omidyar Network | |
| May 2019 | $1M | Seed | – | Beenext | |
| Sep 2018 | $906,267 | Seed | $••••• | Beenext, Wellfound |
| Date | Valuation | Stage |
|---|---|---|
| May 2022 | $26.13M | •••••••• |
| May 2021 | $16.08M | •••••••• |
| Sep 2019 | $••••• | •••••••• |
| Sep 2018 | $••••• | •••••••• |
Full valuation and stage history of GramFactory
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Last known valuation $26.13M (May 2022). 33 investors in total: 8 institutional and 25 angel.
Investors in GramFactory
GramFactory has secured backing from 33 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Wellfound, Omidyar Network and Tracxn Labs.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investing in technology, digital culture, governance, and business initiatives. | 2004 | omidyar.com | Redwood City, United States | |
Early-stage venture capital fund | – | beenext.com | Singapore, Singapore | |
DG Ventures is engaged in investing in startup companies. | – | dgventures.com | San Francisco, United States | |
Early-stage investment and support for technology companies. | 2013 | tracxnlabs.com | Bengaluru, India | |
Startup jobs are connected to individuals via a dedicated platform. | 2013 | wellfound.com | New York, United States | |
- | – | ptap.tcc.mode | - | |
Startup jobs are connected to seekers via an online platform. | – | angel.co | San Francisco, United States | |
Insurance services have been provided by Alte Leipziger since 1830. | 1830 | alte-leipziger.de | Oberursel, Germany | |
NG Nilmani Gautam | - | – | unknown_416ad4c55dca40189 | - |
RK Ranjan Kant | - | – | unknown_b82e5827aee64a07a | - |
Investor details for GramFactory
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Board of directors of Addistro Technologies Private Limited (GramFactory)
Addistro Technologies Private Limited is the primary company behind GramFactory. The board of Addistro Technologies Private Limited currently have 2 directors; the longest-serving is Milind Sharma, appointed in 2018.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Milind Sharma DIN 06745092 | Director | 28 May 2018 | 8 yrs 4 mo | Addistro Technologies Private Limited |
| Navneet DIN 02729461 | Director | 28 May 2018 | 8 yrs 4 mo | Addistro Technologies Private Limited |
Financials of GramFactory
Figures of Addistro Technologies Private Limited, the primary company behind GramFactory, for FY 2025. Revenue was ₹1.2 Lakh (-86% year on year). Net loss was -₹1.17 Cr (-9913% margin). EBITDA was -₹1.17 Cr (-9850% margin). Revenue has grown at a compounded annual rate of -94% over three years and -80% over five years.
- ₹1.2 LakhRevenue · FY 2025 · -86% YoY
- -₹1.17 CrNet loss · -9913% margin
- -₹1.17 CrEBITDA · -9850% margin
- ₹14.9 LakhPaid-up capital
- 61Employees (provident fund records)
- -94%Revenue CAGR, 3 years
- -80%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Addistro Technologies Private Limited are on its company page.
Detailed financial statements for GramFactory
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of GramFactory
4 dated milestones of GramFactory across 4 years, from founding to its latest funding, stage changes and deals.
- Founded GramFactory is founded.
- Funding First funding round of $906K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $1.4M.
Competitors of GramFactory
GramFactory has 8 listed competitors in our database, 7 of them funded. They include Moglix, IndiaMART, Udaan, Solv and ProcMart, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| moglix.com | 2015 | Singapore | $470.85M | 4,166 | Multi-category products are supplied via a B2B marketplace platform. | |
| indiamart.com | 1999 | Noida, India | $37.24M | 3,623 | Online B2B marketplace connecting buyers and suppliers of diverse industrial products | |
| udaan.com | 2016 | Bengaluru, India | $2.7B | 1,791 | Online marketplace offering multi-category products | |
| solvezy.com | 2019 | Bengaluru, India | $40M | 412 | A B2B e-commerce platform is operated for MSMEs in India. | |
| procmart.com | 2015 | Noida, India | $40.25M | 423 | Online platform offering procurement and supply chain solutions | |
| anar.biz | 2019 | Mumbai, India | $6.46M | 15 | Provider of B2B marketplace platform offering products | |
| wcubeindia.com | 2019 | Gurugram, India | $856,800 | 55 | B2B procurement marketplace is operated for mid-sized enterprises. | |
| addshop.co | 2013 | Rajkot, India | – | 147 | Multi-category products are distributed online through a mobile app. |
Detailed competitors of GramFactory
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Top companies in B2B Marketplaces & Wholesale
10 companies that operate in the same segment as GramFactory (B2B Marketplaces & Wholesale), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
E-commerce storefront solutions are provided for online businesses. | 2006 | Ottawa, Ontario, Canada | USD 122.25 M | USD 8.45 B | 30,125 | |
Online B2B marketplace connecting buyers and suppliers of diverse industrial products | 1999 | Noida, Uttar Pradesh, India | USD 37.24 M | USD 167.23 M | 6,100 | |
Multi-category products are supplied via a B2B marketplace platform. | 2015 | Singapore, Singapore, Singapore | USD 470.85 M | USD 642.28 M | 1,331 | |
Multi-category products are facilitated through an online B2B cross-border marketplace. | 1999 | New York, New York, United States | – | USD 144.12 B | 124,320 | |
Online catering marketplace for enterprises | 2007 | Boston, Massachusetts, United States | USD 435.92 M | – | 923 | |
Platform for on-demand distributed manufacturing and prototyping is provided. | 2013 | Gaithersburg, Maryland, United States | USD 200.44 M | USD 686.63 M | 1,090 | |
Digital procurement and supply solutions for construction materials are facilitated. | 2016 | Thane, Maharashtra, India | USD 783.57 M | USD 1.43 B | 2,645 | |
SaaS-based collaborative commerce solutions are provided for brands and retailers. | 2000 | New York, New York, United States | USD 365 M | USD 240.52 M | 2,144 | |
Online application marketplace | 2009 | San Francisco, California, United States | USD 437.8 M | USD 7.59 M | 1,193 | |
Cross-border B2B wholesale marketplace is operated for small-scale sellers. | 2004 | Beijing, China | USD 45.52 M | – | – |
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Related news about Gramfactory
Complete news archive for GramFactory
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Frequently Asked Questions about GramFactory
GramFactory was founded in 2018.
GramFactory is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
GramFactory is a funded company, having raised a total of $8.9M across 5 funding rounds to date. The company's 1st funding round was a Seed of $906.27K, raised on Sep 2018.
GramFactory has 61 employees.
The primary company behind GramFactory, Addistro Technologies Private Limited, reported revenue of ₹1.2 Lakh for FY 2025, down 86% year on year.
GramFactory, based in Gurugram, focuses on operating online marketplaces, marketplaces, b2b platforms, and retail products. An app-based B2B marketplace offering multi-category products to retailers. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
GramFactory has 33 investors. Key investors include Wellfound, Omidyar Network, Tracxn Labs, Alte Leipziger, and Beenext.
The valuation of GramFactory is $26.13M as of May 2022.
GramFactory operates through Addistro Technologies Private Limited.
The legal entities of GramFactory currently have 2 directors, including Milind Sharma, Navneet.