About H3 Mart
H3 Mart is a company based in Bengaluru (India) founded in 2021 by Daksh Asija and Arjun Wadhwa. It operates as a B2B. H3 Mart has raised $1.09 million across 2 funding rounds from investors including Vineet Saxena, Akash Gehani and Anuj Rathi. The company has 17 employees as of March 31, 2022. H3 Mart operates in a competitive market with competitors including Coupa, Sage Group, Tipalti, Emburse and Airbase, among others.
- Headquarter Bengaluru, India
- Employees 17 as on 31 Mar, 2022
- Founders Daksh Asija, Arjun Wadhwa
- Stage Minicorn
-
Sectors
Travel & Hospitality
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Moraabh Ventures Private Limited
- Date of Incorporation 20 Apr, 2021
- Jurisdiction Bangalore, Karnataka, India
-
Annual Revenue
$226.29 K (USD)0as on Mar 31, 2022
-
Net Profit
$-61.75 K (USD)0as on Mar 31, 2022
-
EBITDA
$-61.47 K (USD)0as on Mar 31, 2022
-
Total Equity Funding
$1.09 M (USD)
in 2 rounds
-
Latest Funding Round
$500 K (USD), Seed
Feb 09, 2022
-
Investors
Keystone Capital
& 43 more
-
Employee Count
17
as on Mar 31, 2022
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
Unlock access to complete
Funding Insights of H3 Mart
H3 Mart has successfully raised a total of $1.09M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $500 thousand completed in February 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 Total Funding
- Total Rounds 2
- Last Round Seed — $500,000
-
First Round
First Round
(09 Jul 2021)
- Investors Count 44
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2022 | Amount | Seed - H3 Mart | Valuation | Vineet Saxena , Akash Gehani |
|
| Jul, 2021 | Amount | Seed - H3 Mart | Valuation | Comdex Solutions |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in H3 Mart
H3 Mart has secured backing from 44 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Vineet Saxena, Akash Gehani and Anuj Rathi. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
US private equity investments are managed by Keystone Capital.
|
Founded Year | Domain | Location | |
|
Software development services are provided by Comdex Solutions in Hyderabad.
|
Founded Year | Domain | Location | |
|
-
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by H3 Mart
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - H3 Mart
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
H3 Mart Comparisons
Competitors of H3 Mart
H3 Mart 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 Coupa, Sage Group, Tipalti, Emburse and Airbase, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based end-to-end spend management software is delivered for businesses.
|
|
| domain | founded_year | HQ Location |
Cloud-based accounting and payroll solutions for small and medium businesses
|
|
| domain | founded_year | HQ Location |
Cloud-based procurement and invoice management solutions are offered to businesses.
|
|
| domain | founded_year | HQ Location |
Corporate cards and expense management are offered to businesses.
|
|
| domain | founded_year | HQ Location |
Procure-to-pay management software is offered for business operations.
|
|
| domain | founded_year | HQ Location |
Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about H3 Mart
When was H3 Mart founded?
H3 Mart was founded in 2021.
Where is H3 Mart located?
H3 Mart is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of H3 Mart?
Daksh Asija is the current CEO of H3 Mart. They have also founded this company.
Is H3 Mart a funded company?
H3 Mart is a funded company, having raised a total of $1.09M across 2 funding rounds to date. The company's 1st funding round was a Seed of $589.65K, raised on Jul 09, 2021.
How many employees does H3 Mart have?
As of Mar 31, 2022, the latest employee count at H3 Mart is 17.
What is the annual revenue of H3 Mart?
Annual revenue of H3 Mart is $226.29K as on Mar 31, 2022.
What does H3 Mart do?
H3 Mart, established in 2021, excels in operating online marketplaces, marketplaces, b2b platforms, and hotel supplies. Operates an online B2B marketplace specializing in hotel supplies. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
Who are the top competitors of H3 Mart?
H3 Mart's top competitors include Coupa, Sage Group and Airbase.
Who are H3 Mart's investors?
H3 Mart has 44 investors. Key investors include Vineet Saxena, Akash Gehani, Anuj Rathi, Sachin Agarwal, and Karan Tanna.
What is H3 Mart's valuation?
The valuation of H3 Mart is $1.92M as of Jul 2021.