About Maaxkart
Maaxkart is a Retail company based in Kottayam (India) founded in 2020. It operates a marketplace for multi-category grocery products. It operates on a B2C model. Its Indian entity Maaxus Digital Innovations Private Limited reported revenue of ₹60.6 Lakh. Its focus areas include E-commerce, Grocery and Multi-category Marketplace. Similar companies include Blinkit, Bigbasket and Swiggy; 3 of its 3 listed similar companies have raised funding.
Company details
Maaxkart, based in Kottayam, focuses on engaging in retail operations, operating online marketplaces, grocery, and multi-category marketplace. Operates a marketplace for multi-category grocery products. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Kottayam, India
- SectorsRetail
- Website maaxkart.com
- Legal Name Maaxus Digital Innovations Private Limited
- Date of Incorporation 28 Jul, 2004
- Jurisdiction Kottayam, Kerala, India
- Annual Revenue₹60.6 Lakh
FY 2021 · +118% YoY
- Net Loss-₹42.9 Lakh
FY 2021 · -71% margin
- EBITDA-₹39.5 Lakh
FY 2021 · -65% margin
Associated legal entities of Maaxkart
Maaxkart operates through Maaxus Digital Innovations Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2021) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Maaxus Digital Innovations Private Limited CIN U45100KL2004PTC017305 | Active | 28 Jul 2004 | Kottayam, Kerala | ₹0.6 Cr | 2 | View details |
Board of directors of Maaxus Digital Innovations Private Limited (Maaxkart)
Maaxus Digital Innovations Private Limited is the primary company behind Maaxkart. The board of Maaxus Digital Innovations Private Limited currently have 2 directors; the longest-serving is Nazeer Thazhathedathu Mohammedkunju Rawther, appointed in 2004. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nazeer Thazhathedathu Mohammedkunju Rawther DIN 01173747 | Managing Director | 28 Jul 2004 | 22 yrs 3 mo | Maaxus Digital Innovations Private Limited |
| Shahana Nazeer DIN 07560383 | Director | 18 Nov 2017 | 8 yrs 11 mo | Maaxus Digital Innovations Private Limited |
Financials of Maaxkart
Figures of Maaxus Digital Innovations Private Limited, the primary company behind Maaxkart, for FY 2021. Revenue was ₹60.6 Lakh (+118% year on year). Net loss was -₹42.9 Lakh (-71% margin). EBITDA was -₹39.5 Lakh (-65% margin). Revenue has grown at a compounded annual rate of +292% over three years.
- ₹60.6 LakhRevenue · FY 2021 · +118% YoY
- -₹42.9 LakhNet loss · -71% margin
- -₹39.5 LakhEBITDA · -65% margin
- ₹58 LakhPaid-up capital
- +292%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Maaxus Digital Innovations Private Limited are on its company page.
Detailed financial statements for Maaxkart
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Similar companies to Maaxkart
Maaxkart has 3 listed similar companies in our database, 3 of them funded. They include Blinkit, Bigbasket and Swiggy.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| blinkit.com | 2013 | Gurugram, India | $757.52M | 5,975 | Instant delivery of groceries and essentials is facilitated online. | |
| bigbasket.com | 2011 | Bengaluru, India | $943.07M | 22,095 | Personal and household products are delivered via an e-commerce platform. | |
| swiggy.com | 2014 | Bengaluru, India | $3.62B | 4,953 | Food and grocery items are ordered via an online network. |
Detailed similar companies of Maaxkart
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Top companies in Marketplaces & General E-Commerce
2 companies that operate in the same segment as Maaxkart (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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Frequently Asked Questions about Maaxkart
Maaxkart was founded in 2020.
Maaxkart is headquartered in Kottayam, India. It is registered at Kottayam, Kerala, India.
The primary company behind Maaxkart, Maaxus Digital Innovations Private Limited, reported revenue of ₹60.6 Lakh for FY 2021, up 118% year on year.
Maaxkart, based in Kottayam, focuses on engaging in retail operations, operating online marketplaces, grocery, and multi-category marketplace. Operates a marketplace for multi-category grocery products. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
Maaxkart operates through Maaxus Digital Innovations Private Limited.
The legal entities of Maaxkart currently have 2 directors, including Shahana Nazeer, Nazeer Thazhathedathu Mohammedkunju Rawther.