About Local Market Offers
Local Market Offers is a Retail company based in Hyderabad (India). It operates an online marketplace featuring a variety of product categories. It operates on a B2C model. The company has 1 employees. Its Indian entity Pnk Solutions Private Limited reported revenue of ₹10.6 Lakh. Its focus areas include E-commerce, Online Marketplaces and Multi-category Products. Similar companies include Flipkart, Myntra and Nykaa; 3 of its 3 listed similar companies have raised funding.
Company details
Local Market Offers, based in Hyderabad, focuses on engaging in retail operations, operating online marketplaces, online marketplaces, and multi-category products. Operates an online marketplace featuring a variety of product categories. The company prioritizes operational excellence, innovation, and customer-centric approaches for success.
- Headquarters Hyderabad, India
- Employees 1
- SectorsRetail
- Website yourlmo.com
- Legal Name Pnk Solutions Private Limited
- Date of Incorporation 30 Jul, 2021
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹10.6 Lakh
FY 2024 · +557% YoY
- Net Loss-₹37.5 Lakh
FY 2024 · -353% margin
- EBITDA-₹37.4 Lakh
FY 2024 · -352% margin
- Employee Count1
Associated legal entities of Local Market Offers
Local Market Offers operates through Pnk 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 |
|---|---|---|---|---|---|---|---|
| Pnk Solutions Private Limited CIN U72502TG2021PTC153669 | Active | 30 Jul 2021 | Hyderabad, Telangana | ₹0.1 Cr | 3 | View details |
Board of directors of Pnk Solutions Private Limited (Local Market Offers)
Pnk Solutions Private Limited is the primary company behind Local Market Offers. The board of Pnk Solutions Private Limited currently have 3 directors; the longest-serving is Vedam Lakshmi Prasanna, appointed in 2021.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vedam Lakshmi Prasanna DIN 09262106 | Director | 30 Jul 2021 | 5 yrs 3 mo | Pnk Solutions Private Limited |
| Sri Adi Laxmi Kameshwari Annavajjula DIN 09262107 | Director | 30 Jul 2021 | 5 yrs 3 mo | Pnk Solutions Private Limited |
| Surya Prasad Prabhala DIN 09262108 | Director | 30 Jul 2021 | 5 yrs 3 mo | Pnk Solutions Private Limited |
Financials of Local Market Offers
Figures of Pnk Solutions Private Limited, the primary company behind Local Market Offers, for FY 2024. Revenue was ₹10.6 Lakh (+557% year on year). Net loss was -₹37.5 Lakh (-353% margin). EBITDA was -₹37.4 Lakh (-352% margin).
- ₹10.6 LakhRevenue · FY 2024 · +557% YoY
- -₹37.5 LakhNet loss · -353% margin
- -₹37.4 LakhEBITDA · -352% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Pnk Solutions Private Limited are on its company page.
Detailed financial statements for Local Market Offers
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Similar companies to Local Market Offers
Local Market Offers has 3 listed similar companies 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 similar companies of Local Market Offers
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Top companies in Fashion & Lifestyle E-Commerce
3 companies that operate in the same segment as Local Market Offers (Fashion & Lifestyle E-Commerce) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Eyewear is offered online for men, women, and kids. | 2010 | Gurugram, Haryana, India | USD 1.04 B | USD 939.4 M | 18,984 | |
Fashion and lifestyle products are offered via an online marketplace. | 2007 | Bengaluru, Karnataka, India | USD 123.71 M | USD 639.15 M | 1,031 | |
Gold and silver jewellery, lab-grown diamonds, and accessories are retailed. | 2019 | Bengaluru, Karnataka, India | USD 144.58 M | USD 32.66 M | 711 |
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Frequently Asked Questions about Local Market Offers
Local Market Offers is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Local Market Offers has 1 employees.
The primary company behind Local Market Offers, Pnk Solutions Private Limited, reported revenue of ₹10.6 Lakh for FY 2024, up 557% year on year.
Local Market Offers, based in Hyderabad, focuses on engaging in retail operations, operating online marketplaces, online marketplaces, and multi-category products. Operates an online marketplace featuring a variety of product categories. The company prioritizes operational excellence, innovation, and customer-centric approaches for success.
Local Market Offers operates through Pnk Solutions Private Limited.
The legal entities of Local Market Offers currently have 3 directors, including Vedam Lakshmi Prasanna, Sri Adi Laxmi Kameshwari Annavajjula, Surya Prasad Prabhala.