About Innorade
Innorade was a Retail company based in Ghaziabad (India) founded in 2014. Functions as a mobile-first online B2B marketplace. It operates on a B2B model. Its Indian entity Innorade Manufacturing Private Limited reported revenue of ₹1.3 Lakh. The company is recorded as dissolved. Its focus areas include E-commerce, Online Marketplaces, B2B Platforms and Mobile Commerce. Similar companies include IndiaMART, Udaan and Solv; 3 of its 3 listed similar companies have raised funding.
Company details
Innorade, established in 2014 and currently in Dissolved stage, focuses on operating online marketplaces, online marketplaces, b2b platforms, and mobile commerce. Functions as a mobile-first online B2B marketplace. Adapting to market demands with innovation and client-focused strategies. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Ghaziabad, India
- SectorsRetail
- Website innorade.com
- Social X Facebook
- Legal Name Innorade Manufacturing Private Limited
- Date of Incorporation 14 Aug, 2019
- Jurisdiction Greater Noida, Uttar Pradesh, India
- Annual Revenue₹1.3 Lakh
FY 2020
- Net Loss-₹9.8 Lakh
FY 2020 · -758% margin
- EBITDA-₹9.8 Lakh
FY 2020 · -757% margin
Associated legal entities of Innorade
Innorade operates through Innorade Manufacturing Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2020) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Innorade Manufacturing Private Limited CIN U31904UP2019PTC120169 | Active | 14 Aug 2019 | Greater Noida, Uttar Pradesh | ₹0.0 Cr | 2 | View details |
Board of directors of Innorade Manufacturing Private Limited (Innorade)
Innorade Manufacturing Private Limited is the primary company behind Innorade. The board of Innorade Manufacturing Private Limited currently have 2 directors; the longest-serving is Snajay Kumar Agarwal, appointed in 2019. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Snajay Kumar Agarwal DIN 08537199 | Director | 14 Aug 2019 | 7 yrs 2 mo | Innorade Manufacturing Private Limited |
| Sangeeta Agrawal DIN 08866084 | Director | 06 Sep 2020 | 6 yrs 1 mo | Innorade Manufacturing Private Limited |
Financials of Innorade
Figures of Innorade Manufacturing Private Limited, the primary company behind Innorade, for FY 2020. Revenue was ₹1.3 Lakh. Net loss was -₹9.8 Lakh (-758% margin). EBITDA was -₹9.8 Lakh (-757% margin).
- ₹1.3 LakhRevenue · FY 2020
- -₹9.8 LakhNet loss · -758% margin
- -₹9.8 LakhEBITDA · -757% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Innorade Manufacturing Private Limited are on its company page.
Detailed financial statements for Innorade
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Similar companies to Innorade
Innorade has 3 listed similar companies in our database, 3 of them funded. They include IndiaMART, Udaan and Solv.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| 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. |
Detailed similar companies of Innorade
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Top companies in B2B Marketplaces & Wholesale
2 companies that operate in the same segment as Innorade (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 38.12 M | USD 167.23 M | 6,100 | |
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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Frequently Asked Questions about Innorade
Innorade was founded in 2014.
Innorade is headquartered in Ghaziabad, India. It is registered at Ghaziabad, Uttar Pradesh, India.
The primary company behind Innorade, Innorade Manufacturing Private Limited, reported revenue of ₹1.3 Lakh for FY 2020.
Innorade, established in 2014 and currently in Dissolved stage, focuses on operating online marketplaces, online marketplaces, b2b platforms, and mobile commerce. Functions as a mobile-first online B2B marketplace. Adapting to market demands with innovation and client-focused strategies. It continues to evolve, meeting industry challenges with strategic approaches.
Innorade operates through Innorade Manufacturing Private Limited.
The legal entities of Innorade currently have 2 directors, including Sangeeta Agrawal, Snajay Kumar Agarwal.