About HnHCart
HnHCart is a Retail company based in Delhi (India) founded in 2019 by Rishikesh Ranjan and Milind Srivastava. Electronic components are distributed online to enterprises. The company has 33 employees. Its chief executive, as recorded, is Rishikesh Ranjan. Its website hnhcart.com draws about 76 thousand monthly visits. Its Indian entity Hatchnhack Solutions Private Limited reported revenue of ₹6.06 Cr. HnHCart offers products and services including Electronics Components, Development Boards, Sensors & Modules, and Soldering Items. Its focus areas include B2B E-Commerce, Industrial Goods, Electronic Components and E-Distributor. Its competitors include ElectronicsComp, ElecTrade and Eleczo; 1 of its 3 listed competitors has raised funding.
Company details
HnHCart was founded in 2019 in Delhi, India, as an online distributor of electronic components targeted at enterprises. Operations are conducted via the domain hnhcart.com, with a product catalog encompassing switches, relays, cables, connectors, IoT wires, drone parts, soldering irons, transistors, and related items. A mobile application is provided for Android and iOS platforms to support user access.
- Headquarters Delhi, India
- Employees 33
- Founders Rishikesh Ranjan, Milind Srivastava
- SectorsRetail
- Email••••••••
- Phone•••• ••••
- Website hnhcart.com
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Hatchnhack Solutions Private Limited
- Date of Incorporation 21 May, 2019
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹6.06 Cr
FY 2024 · +19% YoY
- Net Loss-₹2.86 Cr
FY 2024 · -47% margin
- EBITDA-₹2.16 Cr
FY 2024 · -36% margin
- InvestorsDeVC
& 3 more
- Employee Count33
Associated legal entities of HnHCart
HnHCart operates through Hatchnhack 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 |
|---|---|---|---|---|---|---|---|
| Hatchnhack Solutions Private Limited CIN U74999DL2019PTC350310 | Active | 21 May 2019 | New Delhi, Delhi | ₹6.1 Cr | 33 | 3 | View details |
Products & Services of HnHCart
HnHCart offers a comprehensive portfolio of products and services, including Electronics Components, Development Boards, Sensors & Modules, and Soldering Items.
Essential parts for electronic circuits and projects.
Boards for prototyping electronics and programming.
Devices for measuring environmental and physical parameters.
Tools and accessories for electronic assembly and repair.
Apps and channels of HnHCart
HnHCart publishes 2 mobile apps with over 100K+ downloads; its YouTube channel Hatchnhack has 1.93K subscribers and 30 videos.
Videos from HnHCart
The most watched videos on HnHCart's YouTube channel, Hatchnhack (1.93K subscribers). Click a video to play it here.
More on Hatchnhack.
Funding Insights of HnHCart
- Total Rounds 1
- Investors Count 4
All 1 funding rounds of HnHCart 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 |
|---|---|---|---|---|---|
| Nov 2024 | Seed | – | DeVC |
4 investors in total: 1 institutional and 3 angel.
Investors in HnHCart
HnHCart has secured backing from 4 investors, including venture fund and angel investors. Prominent investors backing the company include DeVC, Amit Lakhotia and Pawan Gupta.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage investing and community support for startups. | 1998 | devc.com | Bengaluru, India | |
AL Amit Lakhotia | unknown_f76ecb368a894e6c8 | |||
PG Pawan Gupta | Angel investor, ex-Delivery Hero, focused on consumer tech and marketplaces | unknown_8482e00940104c519 | ||
AK Arjun Kapoor | unknown_1b1938ee92ed489ca |
Investor details for HnHCart
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Hatchnhack Solutions Private Limited (HnHCart)
Hatchnhack Solutions Private Limited is the primary company behind HnHCart. The board of Hatchnhack Solutions Private Limited currently have 2 directors; the longest-serving is Milind Srivastava, appointed in 2023. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Milind Srivastava DIN 10088487 | Director | 27 Apr 2023 | 3 yrs 6 mo | Hatchnhack Solutions Private Limited |
| Rishikesh Ranjan DIN 08601713 | CEO | 25 May 2023 | 3 yrs 5 mo | Hatchnhack Solutions Private Limited |
People of HnHCart
2 people are tracked at HnHCart (2 in leadership); the tracked headcount is 33.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
| Co-Founder & CTO | Leadership |
Complete people profiles for HnHCart
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Financials of HnHCart
Figures of Hatchnhack Solutions Private Limited, the primary company behind HnHCart, for FY 2024. Revenue was ₹6.06 Cr (+19% year on year). Net loss was -₹2.86 Cr (-47% margin). EBITDA was -₹2.16 Cr (-36% margin). Revenue has grown at a compounded annual rate of +205% over three years.
- ₹6.06 CrRevenue · FY 2024 · +19% YoY
- -₹2.86 CrNet loss · -47% margin
- -₹2.16 CrEBITDA · -36% margin
- ₹11.6 LakhPaid-up capital
- 33Employees (provident fund records)
- +205%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Hatchnhack Solutions Private Limited are on its company page.
Detailed financial statements for HnHCart
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of HnHCart
2 dated milestones of HnHCart across 5 years, from founding to its latest funding, stage changes and deals.
- Founded HnHCart is founded.
- Funding First funding round.
Competitors of HnHCart
HnHCart has 3 listed competitors in our database, 1 of them funded. They include ElectronicsComp, ElecTrade and Eleczo.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| electronicscomp.com | 2015 | Bengaluru, India | $42,439 | 1 | Electronic components and related products are retailed online. | |
| electrade.in | 2019 | Delhi, India | 13 | Provider of electronic components including passive components, ICs, optoelectronics, discrete semiconductors, and electromechanical products | ||
| eleczo.com | 2016 | Bengaluru, India | 60 | Operates as a B2B distributor of electrical components and devices. |
Detailed competitors of HnHCart
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Web traffic of HnHCart
The website of HnHCart (hnhcart.com) receives about 75.8K visits a month.
- Monthly visits75.8K
▲ 3.5% vs previous month
Websites whose visitors overlap most with HnHCart. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| makerbazar.in | 100% | 670.1K | #57,542 | View details | |
quartzcomponents.com | quartzcomponents.com | 91% | #84,167 | – | |
| electronicspices.com | 90% | #75,189 | View details | ||
| github.com | 86% | 542.6M | #65 | View details | |
sharvielectronics.com | sharvielectronics.com | 82% | #214,013 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for HnHCart
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- 40 similar websites
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Top companies in B2B Marketplaces & Wholesale
2 companies that operate in the same segment as HnHCart (B2B Marketplaces & Wholesale) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online B2B marketplace connecting buyers and suppliers of diverse industrial products | 1999 | Noida, Uttar Pradesh, India | USD 38.2 M | USD 167.23 M | 6,222 | |
Digital procurement and supply solutions for construction materials are facilitated. | 2016 | Thane, Maharashtra, India | USD 783.57 M | USD 1.43 B | 2,645 |
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Related news about Hnhcart
Complete news archive for HnHCart
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Frequently Asked Questions about HnHCart
HnHCart was founded in 2019 and raised its 1st funding round 5 years after it was founded.
HnHCart is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Rishikesh Ranjan is the CEO of HnHCart, as recorded in our data. They have also founded this company.
HnHCart has 33 employees.
The primary company behind HnHCart, Hatchnhack Solutions Private Limited, reported revenue of ₹6.06 Cr for FY 2024, up 19% year on year.
HnHCart was founded in 2019 in Delhi, India, as an online distributor of electronic components targeted at enterprises. Operations are conducted via the domain hnhcart.com, with a product catalog encompassing switches, relays, cables, connectors, IoT wires, drone parts, soldering irons, transistors, and related items. A mobile application is provided for Android and iOS platforms to support user access.
HnHCart's top competitors include ElectronicsComp, ElecTrade and Eleczo.
HnHCart offers Electronics Components, Development Boards, Sensors & Modules, and Soldering Items.
HnHCart has 4 investors. Key investors include DeVC, Amit Lakhotia, Pawan Gupta, and Arjun Kapoor.
HnHCart operates through Hatchnhack Solutions Private Limited.
The legal entities of HnHCart currently have 2 directors, including Rishikesh Ranjan, Milind Srivastava.
Yes. HnHCart publishes HnHCart and 1 more app, with over 100,000 downloads.