About Happybuy
Happybuy was a Retail company based in Guntur (India) founded in 2014 by Saipraveen Karamsetty. It delivers local shopping and delivery services to consumers. It operates on a B2C model. Its chief executive, as recorded, is Saipraveen Karamsetty. Its Indian entity Happybuy Etrade Private Limited reported revenue of ₹4.3 Lakh. The company is recorded as dissolved. Its focus areas include E-commerce, Local Shopping and Delivery Services. Its competitors include Swiggy, Hanchens and EasyMovr; 2 of its 3 listed competitors have raised funding.
Company details
Happybuy delivers local shopping and delivery services to consumers, focusing on engaging in retail operations, operating online marketplaces, local shopping, and offering delivery services. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
- Headquarters Guntur, India
- Founders Saipraveen Karamsetty
- SectorsRetail
- Website happybuy.in
- Social Facebook
- Legal Name Happybuy Etrade Private Limited
- Date of Incorporation 27 Jul, 2017
- Jurisdiction Delhi, India
- Annual Revenue₹4.3 Lakh
FY 2019
- Net Loss-₹63,843
FY 2019 · -15% margin
- EBITDA-₹63,843
FY 2019 · -15% margin
Associated legal entities of Happybuy
Happybuy operates through Happybuy Etrade Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2019) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Happybuy Etrade Private Limited CIN U52609DL2017PTC321313 | Active | 27 Jul 2017 | Delhi, Delhi | ₹0.0 Cr | 2 | View details |
Board of directors of Happybuy Etrade Private Limited (Happybuy)
Happybuy Etrade Private Limited is the primary company behind Happybuy. The board of Happybuy Etrade Private Limited currently have 2 directors; the longest-serving is Wang Yuehai, appointed in 2020. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Wang Yuehai DIN 07279714 | Additional Director | 25 Nov 2020 | 5 yrs 11 mo | Happybuy Etrade Private Limited |
| Isha Pravesh Sheth DIN 09458240 | Additional Director | 19 Feb 2022 | 4 yrs 8 mo | Happybuy Etrade Private Limited |
People of Happybuy
1 people are tracked at Happybuy (1 in leadership).
| Name | Role | Group |
|---|---|---|
Saipraveen Karamsetty | Founder, CEO | Leadership |
Complete people profiles for Happybuy
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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Verified entity values are shown only after access is granted.
Financials of Happybuy
Figures of Happybuy Etrade Private Limited, the primary company behind Happybuy, for FY 2019. Revenue was ₹4.3 Lakh. Net loss was -₹63,843 (-15% margin). EBITDA was -₹63,843 (-15% margin).
- ₹4.3 LakhRevenue · FY 2019
- -₹63,843Net loss · -15% margin
- -₹63,843EBITDA · -15% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Happybuy Etrade Private Limited are on its company page.
Detailed financial statements for Happybuy
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Competitors of Happybuy
Happybuy has 3 listed competitors in our database, 2 of them funded. They include Swiggy, Hanchens and EasyMovr.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| swiggy.com | 2014 | Bengaluru, India | $3.62B | 4,953 | Food and grocery items are ordered via an online network. | |
| hanchens.com | 2020 | Gurugram, India | $103,122 | Provides an app-based platform for B2C delivery services to consumers. | ||
| easymovr.com | 2015 | Ahmedabad, India | Operates an app-based platform for B2B courier delivery services. |
Detailed competitors of Happybuy
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Marketplaces & General E-Commerce
2 companies that operate in the same segment as Happybuy (Marketplaces & General E-Commerce) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Multi-category consumer products are offered via an online marketplace platform. | 2007 | Bengaluru, Karnataka, India | USD 12.12 B | USD 9.83 B | 18,938 | |
Fashion and lifestyle products are offered via an online marketplace. | 2007 | Bengaluru, Karnataka, India | USD 123.71 M | USD 639.15 M | 1,031 |
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Frequently Asked Questions about Happybuy
Happybuy was founded in 2014.
Happybuy is headquartered in Guntur, India. It is registered at Guntur, Andhra Pradesh, India.
Saipraveen Karamsetty is the CEO of Happybuy, as recorded in our data. They have also founded this company.
The primary company behind Happybuy, Happybuy Etrade Private Limited, reported revenue of ₹4.3 Lakh for FY 2019.
Happybuy delivers local shopping and delivery services to consumers, focusing on engaging in retail operations, operating online marketplaces, local shopping, and offering delivery services. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
Happybuy operates through Happybuy Etrade Private Limited.
The legal entities of Happybuy currently have 2 directors, including Isha Pravesh Sheth, Wang Yuehai.