About Magnific Mart
Magnific Mart is a company based in Dhaka (Bangladesh) founded in 2020. It operates as a B2C. Magnific Mart operates in a competitive market with competitors including Belasea, Beauty Angels BD, eMartWay Skincare, Korean Trendy Shop and Rosa Cosmetics Shop, among others.
- Headquarter Dhaka, Bangladesh
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Sectors
Retail
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
Employee Count
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Funding Insights of Magnific Mart
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Magnific Mart
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Magnific Mart
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Magnific Mart Comparisons
Competitors of Magnific Mart
Magnific Mart operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Belasea, Beauty Angels BD, eMartWay Skincare, Korean Trendy Shop and Rosa Cosmetics Shop, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online platform selling authentic skincare, makeup, hair care, and perfume products.
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| domain | founded_year | HQ Location |
Online store offering beauty creams, soaps, and skincare items.
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| domain | founded_year | HQ Location |
Operates an online retail platform specializing in a wide range of beauty products.
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| domain | founded_year | HQ Location |
Online retailer specializing in Korean skincare, beauty tools, and brands.
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| domain | founded_year | HQ Location |
An e-commerce platform featuring a diverse range of beauty and personal care products.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Magnific Mart
When was Magnific Mart founded?
Magnific Mart was founded in 2020.
Where is Magnific Mart located?
Magnific Mart is headquartered in Dhaka, Bangladesh.
What does Magnific Mart do?
Magnific Mart operates an online retail platform specializing in multi-category beauty products, focusing on engaging in retail operations, operating online marketplaces, beauty and personal care, and conducting sales online. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
Who are the top competitors of Magnific Mart?
Magnific Mart's top competitors include Belasea, Beauty Angels BD and eMartWay Skincare.