About Merricart
Merricart was a Retail company based in Bengaluru (India) founded in 2015. An online marketplace featuring a wide range of consumer products. It operates on a B2C model. Its Indian entity Merricart24 Nutrients Private Limited reported revenue of ₹2.7 Lakh. The company is recorded as dissolved. Its focus areas include E-commerce, Online Marketplace and Multi-category Products. Similar companies include Flipkart, Myntra and Nykaa; 3 of its 3 listed similar companies have raised funding.
Company details
Merricart an online marketplace featuring a wide range of consumer products, focusing on engaging in retail operations, operating online marketplaces, online marketplace, and multi-category products. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
- Headquarters Bengaluru, India
- SectorsRetail
- Website merricart.in
- Social X
- Legal Name Merricart24 Nutrients Private Limited
- Date of Incorporation 29 Jul, 2019
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹2.7 Lakh
FY 2024 · -45% YoY
- Net Loss-₹4.4 Lakh
FY 2024 · -163% margin
- EBITDA-₹4.1 Lakh
FY 2024 · -152% margin
Associated legal entities of Merricart
Merricart operates through Merricart24 Nutrients Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Merricart24 Nutrients Private Limited CIN U85300KA2019PTC126616 | Active | 29 Jul 2019 | Bangalore, Karnataka | ₹0.0 Cr | 3 | View details |
Board of directors of Merricart24 Nutrients Private Limited (Merricart)
Merricart24 Nutrients Private Limited is the primary company behind Merricart. The board of Merricart24 Nutrients Private Limited currently have 3 directors; the longest-serving is Adetee, appointed in 2019.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Adetee DIN 08137190 | Director | 29 Jul 2019 | 7 yrs 3 mo | Merricart24 Nutrients Private Limited |
| Shobha Venkat DIN 03456566 | Director | 29 Jul 2019 | 7 yrs 3 mo | Merricart24 Nutrients Private Limited |
| Krishnamurthy Mannju DIN 07165260 | Director | 29 Jul 2019 | 7 yrs 3 mo | Merricart24 Nutrients Private Limited |
Financials of Merricart
Figures of Merricart24 Nutrients Private Limited, the primary company behind Merricart, for FY 2024. Revenue was ₹2.7 Lakh (-45% year on year). Net loss was -₹4.4 Lakh (-163% margin). EBITDA was -₹4.1 Lakh (-152% margin). Revenue has grown at a compounded annual rate of -65% over three years.
- ₹2.7 LakhRevenue · FY 2024 · -45% YoY
- -₹4.4 LakhNet loss · -163% margin
- -₹4.1 LakhEBITDA · -152% margin
- ₹1.85 CrPaid-up capital
- -65%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Merricart24 Nutrients Private Limited are on its company page.
Detailed financial statements for Merricart
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.
Similar companies to Merricart
Merricart has 3 listed similar companies in our database, 3 of them funded. They include Flipkart, Myntra and Nykaa.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| flipkart.com | 2007 | Bengaluru, India | $12.12B | 8,446 | Multi-category consumer products are offered via an online marketplace platform. | |
| myntra.com | 2007 | Bengaluru, India | $123.71M | 1,119 | Fashion and lifestyle products are offered via an online marketplace. | |
| nykaa.com | 2012 | Mumbai, India | $88.91M | 7,053 | Cosmetics, skincare, haircare, and wellness products are retailed online. |
Detailed similar companies of Merricart
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 Fashion & Lifestyle E-Commerce
3 companies that operate in the same segment as Merricart (Fashion & Lifestyle E-Commerce) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Eyewear is offered online for men, women, and kids. | 2010 | Gurugram, Haryana, India | USD 1.04 B | USD 939.4 M | 18,984 | |
Fashion and lifestyle products are offered via an online marketplace. | 2007 | Bengaluru, Karnataka, India | USD 123.71 M | USD 639.15 M | 1,031 | |
Gold and silver jewellery, lab-grown diamonds, and accessories are retailed. | 2019 | Bengaluru, Karnataka, India | USD 144.58 M | USD 32.66 M | 711 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Merricart
Merricart was founded in 2015.
Merricart is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
The primary company behind Merricart, Merricart24 Nutrients Private Limited, reported revenue of ₹2.7 Lakh for FY 2024, down 45% year on year.
Merricart an online marketplace featuring a wide range of consumer products, focusing on engaging in retail operations, operating online marketplaces, online marketplace, and multi-category products. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
Merricart operates through Merricart24 Nutrients Private Limited.
The legal entities of Merricart currently have 3 directors, including Adetee, Shobha Venkat, Krishnamurthy Mannju.