About Indiaplaza
Indiaplaza was a Retail company based in Bengaluru (India) founded in 1999. It operates an online retail marketplace for diverse products and services. It operates on a B2C model. Indiaplaza has raised $5 million across 1 funding round from investors including Kalaari Capital. The company is recorded as dissolved. Its focus areas include E-commerce, Online Marketplaces and Digital Retail. Its legal entity in India is Mercado Online Private Limited (U72900TN2004PTC052876). Its competitors include Flipkart, Myntra and Nykaa; 3 of its 3 listed competitors have raised funding.
Company details
Indiaplaza operates an online retail marketplace for diverse products and services through engaging in retail operations, operating online marketplaces, online marketplaces, and digital retail. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Bengaluru, India
- Employees 1
- SectorsRetail
- Website indiaplaza.com
- Social X Facebook
- Legal Name Mercado Online Private Limited
- Date of Incorporation 02 Apr, 2004
- Jurisdiction Chennai, Tamil Nadu, India
- Total Equity Funding$5M (USD)
in 1 rounds
- Latest Funding Round$5M (USD), Series A
Apr 2011
- Investors
- Employee Count1
Associated legal entities of Indiaplaza
Indiaplaza operates through Mercado Online Private Limited (strike off). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Mercado Online Private Limited CIN U72900TN2004PTC052876 | Strike Off | 02 Apr 2004 | Chennai, Tamil Nadu | 2 | View details |
Funding Insights of Indiaplaza
Indiaplaza has successfully raised a total of $5M through 1 strategic funding round. The most recent funding activity was a Series A round of $5 million completed in April 2011. 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 $5M
- Total Rounds 1
- Last Round Series A — $5M
- First Round $5M
(Apr 2011)
- Investors Count 1
All 1 funding rounds of Indiaplaza 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 |
|---|---|---|---|---|---|
| Apr 2011 | $5M | Series A | – | – |
1 investors in total: 1 institutional.
Investors in Indiaplaza
Indiaplaza has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Kalaari Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments in early-stage technology companies are made by Kalaari Capital. | kalaari.com | Bengaluru, India |
Investor details for Indiaplaza
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Board of directors of Mercado Online Private Limited (Indiaplaza)
Mercado Online Private Limited is the primary company behind Indiaplaza. The board of Mercado Online Private Limited currently have 2 directors; the longest-serving is Ramamoorthy Parameswaran, appointed in 2004. 8 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ramamoorthy Parameswaran DIN 01600419 | Director | 12 Apr 2004 | 22 yrs 6 mo | Mercado Online Private Limited |
| Vaitheeswaran Kothandaraman DIN 03390067 | Director | 07 Jan 2011 | 15 yrs 9 mo | Mercado Online Private Limited |
People of Indiaplaza
2 people are tracked at Indiaplaza (1 in leadership, 1 in team); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
K Vaitheeswaran | Founder & CEO | Leadership |
Krishna Mohan | Senior Executive Logistics | Team |
Complete people profiles for Indiaplaza
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- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Timeline of Indiaplaza
2 dated milestones of Indiaplaza across 12 years, from founding to its latest funding, stage changes and deals.
- Founded Indiaplaza is founded.
- Funding First funding round of $5.0M.
Competitors of Indiaplaza
Indiaplaza has 3 listed competitors in our database, 3 of them funded. They include Flipkart, Myntra and Nykaa.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| flipkart.com | 2007 | Bengaluru, India | $12.12B | 8,446 | Multi-category consumer products are offered via an online marketplace platform. | |
| myntra.com | 2007 | Bengaluru, India | $123.71M | 1,119 | Fashion and lifestyle products are offered via an online marketplace. | |
| nykaa.com | 2012 | Mumbai, India | $88.91M | 7,053 | Cosmetics, skincare, haircare, and wellness products are retailed online. |
Detailed competitors of Indiaplaza
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- Full competitor set
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Web traffic of Indiaplaza
Websites that share an audience with Indiaplaza (indiaplaza.com).
Websites whose visitors overlap most with Indiaplaza. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
indiangiftsportal.com | indiangiftsportal.com | 100% | #691,227 | – | |
indiagiftcenter.com | indiagiftcenter.com | 94% | – | ||
| americanswan.com | 55% | View details | |||
shopping.indiatimes.com | shopping.indiatimes.com | 34% | – | ||
| ebay.in | 34% | 62.6K | #548,008 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 14 similar websites and full traffic analytics for Indiaplaza
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- 14 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Top companies in Marketplaces & General E-Commerce
2 companies that operate in the same segment as Indiaplaza (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 542.17 M | 1,108 |
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Related news about Indiaplaza
Complete news archive for Indiaplaza
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Frequently Asked Questions about Indiaplaza
Indiaplaza was founded in 1999 and raised its 1st funding round 12 years after it was founded.
Indiaplaza is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Indiaplaza is a funded company, having raised a total of $5M across 1 funding round to date. The company's 1st funding round was a Series A of $5M, raised on Apr 2011.
Indiaplaza has 1 employees.
Indiaplaza operates an online retail marketplace for diverse products and services through engaging in retail operations, operating online marketplaces, online marketplaces, and digital retail. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
Indiaplaza has 1 investor. Key investors include Kalaari Capital.
Indiaplaza operates through Mercado Online Private Limited.
The legal entities of Indiaplaza currently have 2 directors, including Vaitheeswaran Kothandaraman, Ramamoorthy Parameswaran.