About MaxWholesale
MaxWholesale is a company based in Delhi (India) founded in 2016 by Naresh Chand Agrawal and Rohit Narang. MaxWholesale has raised $7.35 million across 9 funding rounds from investors including Haystack TV, Indian Angel Network Fund and Oswaal Books. The company has 1 employees as of April 05, 2024. MaxWholesale offers products and services including News Website and Article Updates. MaxWholesale operates in a competitive market with competitors including HyperPure, Jumbotail, Apnaklub, ShopKirana and LoadShare, among others.
- Headquarter Delhi, India
- Employees 1 as on 05 Apr, 2024
- Founders Naresh Chand Agrawal, Rohit Narang
- Stage Minicorn
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Sectors
TechnologyRetail Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name 99 Algorithms Private Limited
- Date of Incorporation 15 May, 2015
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$240.93 K (USD)-99.42as on Mar 31, 2023
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Net Profit
-$203.28 K (USD)86.59as on Mar 31, 2023
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EBITDA
-$200.88 K (USD)87.48as on Mar 31, 2023
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Total Equity Funding
$7.35 M (USD)
in 9 rounds
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Latest Funding Round
$133.24 K (USD), Series A
Dec 13, 2022
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Investors
Haystack TV
& 114 more
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Employee Count
1
as on Apr 05, 2024
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Products & Services of MaxWholesale
MaxWholesale offers a comprehensive portfolio of products and services, including News Website and Article Updates.
Offers online platform for daily news articles on diverse topics
Provides timely news feeds on tech and global events
Funding Insights of MaxWholesale
MaxWholesale has successfully raised a total of $7.35M across 9 strategic funding rounds. The most recent funding activity was a Series A round of $133.24 thousand completed in December 2022. 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 Total Funding
- Total Rounds 9
- Last Round Series A — $133,236
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First Round
First Round
(07 Jul 2016)
- Investors Count 115
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2022 | Amount | Series A - MaxWholesale | Valuation | TPN Investments , Haystack TV | |
| Sep, 2021 | Amount | Series A - MaxWholesale | Valuation | Indian Angel Network | |
| Jun, 2020 | Amount | Series A - MaxWholesale | Valuation | Indian Angel Network |
Investors in MaxWholesale
MaxWholesale has secured backing from 115 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Haystack TV, Indian Angel Network Fund and Oswaal Books.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office and venture capital firm focused on early-stage companies
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Founded Year | Domain | Location | |
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Angel investor network investing in early-stage startups
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Founded Year | Domain | Location | |
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Private equity and venture capital are directed toward early-stage companies.
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Founded Year | Domain | Location |
Investments & Acquisitions by MaxWholesale
Financial Statements - MaxWholesale
Maxwholesale Comparisons
Competitors of MaxWholesale
MaxWholesale 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 HyperPure, Jumbotail, Apnaklub, ShopKirana and LoadShare, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Food industry ingredients are supplied via a B2B platform.
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| domain | founded_year | HQ Location |
B2B marketplace platform connecting retailers with brands and staples producers
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| domain | founded_year | HQ Location |
Local wholesale businesses are facilitated via an e-distribution platform.
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| domain | founded_year | HQ Location |
Provider of B2B procurement platform for grocery retailers
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| domain | founded_year | HQ Location |
Provider of end-to-end logistics delivery services
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| domain | founded_year | HQ Location |
Rural B2B e-commerce and logistics platform is operated.
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Frequently Asked Questions about MaxWholesale
MaxWholesale was founded in 2016.
MaxWholesale is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
MaxWholesale is a funded company, having raised a total of $7.35M across 9 funding rounds to date. The company's 1st funding round was a Series A of $1.18M, raised on Jul 07, 2016.
As of Apr 05, 2024, the latest employee count at MaxWholesale is 1.
Annual revenue of MaxWholesale is $240.93K as on Mar 31, 2023.
An online B2B marketplace for grocery products was established in 2016 in Delhi, India. Retailers and wholesalers are connected through the platform for procuring packaged food, beverages, and daily essentials. Procurement and bulk purchasing processes are streamlined for small and medium-sized businesses in the grocery sector. Operations focus on simplifying supply chain interactions within the Indian market.
MaxWholesale offers News Website and Article Updates.
MaxWholesale has 115 investors. Key investors include Haystack TV, Indian Angel Network Fund, Oswaal Books, Maple Capital Advisors, and Status Mark Finvest.
The valuation of MaxWholesale is $13.46M as of Dec 2022.