About Mercandu
Mercandu is a company based in San Salvador (El Salvador) founded in 2020.. Mercandu operates in a competitive market with competitors including MercadoLibre, Tuyo Technologies, Ciudad Barrio and Sakura Bloom Anime Shop, among others.
- Headquarter San Salvador, El Salvador
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Sectors
Retail
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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
Televicentro
& 2 more
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Employee Count
Employee Count
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Funding Insights of Mercandu
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2024 | Amount | Seed - Mercandu | Valuation | Televicentro |
| 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 |
Investors in Mercandu
Mercandu has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Televicentro, Endlessventurestravel and United States of America. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Televicentro is engaged in television broadcasting and digital media in Honduras.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Mercandu
| 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 - Mercandu
| 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 |
Mercandu Comparisons
Competitors of Mercandu
Mercandu 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 MercadoLibre, Tuyo Technologies, Ciudad Barrio and Sakura Bloom Anime 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 |
Multi-category consumer products are sold via an online marketplace platform.
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Offers mobile app for e-commerce shopping and product categories.
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| domain | founded_year | HQ Location |
Online platform offering electronics, clothing, and school supplies for purchase.
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| domain | founded_year | HQ Location |
Sells anime figures, clothing, manga, plushies, and snacks in a retail store.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Mercandu
Frequently Asked Questions about Mercandu
When was Mercandu founded?
Mercandu was founded in 2020 and raised its 1st funding round 4 years after it was founded.
Where is Mercandu located?
Mercandu is headquartered in San Salvador, El Salvador.
What does Mercandu do?
Mercandu was founded in 2020 and is based in San Salvador, El Salvador. Operations are conducted in the e-commerce sector as an online marketplace. A diverse product catalog is maintained, encompassing fashion, beauty, toys, consumer electronics, sports equipment, pet supplies, and additional categories. Access to these goods is provided digitally to customers across various regions.
Who are the top competitors of Mercandu?
Mercandu's top competitors include MercadoLibre, Tuyo Technologies and Ciudad Barrio.
Who are Mercandu's investors?
Mercandu has 3 investors. Key investors include Televicentro, Endlessventurestravel, and United States of America.