About Meraai
Meraai is a Retail company based in Bengaluru (India) founded in 2021 by Divyansh Goel, Anmol Vijaywargiya, and Vinay Koka. Multi-category products are offered via an online B2B marketplace. Meraai has raised $90.2 thousand across 1 funding round from investors including PIEDS and Pingali Reddy. The company has 1 employees. Its chief executive, as recorded, is Vinay Koka. Meraai offers products and services including B2B Marketplace, Launch Platform, and Logistics Service. Its focus areas include B2B E-Commerce, Horizontal and Marketplace. Its legal entity in India is Chaipay Technologies Private Limited (U72900KA2021PTC151884). Its competitors include IndiaMART, Udaan and Solv; 3 of its 3 listed competitors have raised funding.
Company details
Meraai was founded in 2021 and is headquartered in Bengaluru, India. An online B2B marketplace is operated by the company, connecting businesses with suppliers across multiple product categories. Operations focus on facilitating procurement and distribution in the e-commerce sector. Key leadership includes co-founders Divyansh Goel, Anmol Vijaywargiya, and Vinay Koka as CEO. The platform supports various industries through its digital infrastructure.
- Headquarters Bengaluru, India
- Employees 1
- Founders Divyansh Goel, Anmol Vijaywargiya, Vinay Koka
- SectorsRetail
- Email••••••••
- Phone•••• ••••
- Website meraai.co
- Social LinkedIn
- Legal Name Chaipay Technologies Private Limited
- Date of Incorporation 16 Sep, 2021
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹93,752
FY 2025 · -90% YoY
- Net Loss-₹6.1 Lakh
FY 2025 · -647% margin
- EBITDA-₹5.5 Lakh
FY 2025 · -582% margin
- Total Equity Funding$90.2K (USD)
in 1 rounds
- Latest Funding Round$90.2K (USD), Seed
Nov 2022
- InvestorsPIEDS
& 1 more
- Employee Count1
Associated legal entities of Meraai
Meraai operates through Chaipay Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Chaipay Technologies Private Limited CIN U72900KA2021PTC151884 | Active | 16 Sep 2021 | Bangalore, Karnataka | ₹0.0 Cr | 3 | View details |
Products & Services of Meraai
Meraai offers a comprehensive portfolio of products and services, including B2B Marketplace, Launch Platform, and Logistics Service.
Platform for connecting buyers and sellers in business transactions.
Assists new brands with market entry and scaling operations.
Manages distribution and logistics for SME products.
Funding Insights of Meraai
Meraai has successfully raised a total of $90.2K through 1 strategic funding round. The most recent funding activity was a Seed round of $90.2 thousand completed in November 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 $90,200
- Total Rounds 1
- Last Round Seed — $90,200
- First Round $90,200
(Nov 2022)
- Investors Count 2
All 1 funding rounds of Meraai with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2022 | $90,200 | Seed | – | PIEDS |
2 investors in total: 1 institutional and 1 angel.
Investors in Meraai
Meraai has secured backing from 2 investors, including venture fund and angel investors. Prominent investors backing the company include PIEDS and Pingali Reddy.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Accelerator providing funding and advisory solutions to startups | 2013 | pieds-bitspilani.org | Pilani, India | |
PR Pingali Reddy | unknown_f4bf61f61e5a45928 |
Investor details for Meraai
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Chaipay Technologies Private Limited (Meraai)
Chaipay Technologies Private Limited is the primary company behind Meraai. The board of Chaipay Technologies Private Limited currently have 3 directors; the longest-serving is Divyansh Goel, appointed in 2021.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Divyansh Goel DIN 09322131 | Director | 16 Sep 2021 | 5 yrs 1 mo | Chaipay Technologies Private Limited |
| Vinay Koka DIN 07529196 | Director | 16 Sep 2021 | 5 yrs 1 mo | Chaipay Technologies Private Limited |
| Anmol Vijaywargiya DIN 09631439 | Director | 11 Jun 2022 | 4 yrs 4 mo | Chaipay Technologies Private Limited |
People of Meraai
3 people are tracked at Meraai (3 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
| Co-Founder & CEO | Leadership |
Complete people profiles for Meraai
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Meraai
Figures of Chaipay Technologies Private Limited, the primary company behind Meraai, for FY 2025. Revenue was ₹93,752 (-90% year on year). Net loss was -₹6.1 Lakh (-647% margin). EBITDA was -₹5.5 Lakh (-582% margin).
- ₹93,752Revenue · FY 2025 · -90% YoY
- -₹6.1 LakhNet loss · -647% margin
- -₹5.5 LakhEBITDA · -582% margin
- ₹20,710Paid-up capital
Balance sheet, profit and loss, cash flow and ratios of Chaipay Technologies Private Limited are on its company page.
Detailed financial statements for Meraai
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Meraai
2 dated milestones of Meraai across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Meraai is founded.
- Funding First funding round of $90K.
Competitors of Meraai
Meraai has 3 listed competitors 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 competitors of Meraai
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in B2B Marketplaces & Wholesale
2 companies that operate in the same segment as Meraai (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 37.24 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 Meraai
Meraai was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Meraai is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Vinay Koka is the CEO of Meraai, as recorded in our data. They have also founded this company.
Meraai is a funded company, having raised a total of $90.2K across 1 funding round to date. The company's 1st funding round was a Seed of $90.2K, raised on Nov 2022.
Meraai has 1 employees.
The primary company behind Meraai, Chaipay Technologies Private Limited, reported revenue of ₹93,752 for FY 2025, down 90% year on year.
Meraai was founded in 2021 and is headquartered in Bengaluru, India. An online B2B marketplace is operated by the company, connecting businesses with suppliers across multiple product categories. Operations focus on facilitating procurement and distribution in the e-commerce sector. Key leadership includes co-founders Divyansh Goel, Anmol Vijaywargiya, and Vinay Koka as CEO. The platform supports various industries through its digital infrastructure.
Meraai offers B2B Marketplace, Launch Platform, and Logistics Service.
Meraai has 2 investors. Key investors include PIEDS, and Pingali Reddy.
Meraai operates through Chaipay Technologies Private Limited.
The legal entities of Meraai currently have 3 directors, including Divyansh Goel, Vinay Koka, Anmol Vijaywargiya.