About Metalstreet
Metalstreet is an Industrial Goods & Manufacturing company based in Bengaluru (India) founded in 2017 by Shashank Ananth, Arun Shukla, Ashirwad Agarwal, and Nupin Pillai. It operates as a B2B online marketplace connecting steel manufacturers, importers, distributors, and traders across India. It operates on a B2B model. Metalstreet has raised $1.09 million across 2 funding rounds from investors including Wellfound, Arun Atuadvani and Shamsunder Jairamdas. Metalstreet was last valued at $1.86 million in March 2020. Its chief executive, as recorded, is Shashank Ananth. Its focus areas include Manufacturing, Metals and Mining, Steel Industry and Marketplaces. Its legal entity in India is Virtual Metalstreet Private Limited (U93090KA2017PTC106734). Its competitors include NowPurchase, JSW One MSME and Steeloncall; 2 of its 3 listed competitors have raised funding.
Company details
Metalstreet, backed by 1086267.0 from Wellfound, Arun Atuadvani, Shamsunder Jairamdas, Vivek Bunty Botra, Kim Soloman Ariel, Rajnikant Mehta, Kunal Maheswari, Sherring Thekekkara, Dushyant Gupta, Dinesh Budapanahalli, Bela Sheth, Ajay Kumar Swarup, Tushar Patel, focuses on producing manufactured goods, metals and mining, steel industry, and marketplaces. Operates as a B2B online marketplace connecting steel manufacturers, importers, distributors, and traders across India. Driving innovation, growth, and excellence in its industry sectors.
- Headquarters Bengaluru, India
- Founders Shashank Ananth, Arun Shukla, Ashirwad Agarwal, Nupin Pillai
- Stage Minicorn
- SectorsIndustrial Goods & Manufacturing
- Website metalstreet.in
- Legal Name Virtual Metalstreet Private Limited
- Date of Incorporation 27 Sep, 2017
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹4,430
FY 2025 · -98% YoY
- Net Loss-₹75,109
FY 2025 · -1695% margin
- EBITDA-₹75,109
FY 2025 · -1695% margin
- Total Equity Funding$1.09M (USD)
in 2 rounds
- Latest Funding Round$386.27K (USD), Seed
Mar 2020
- InvestorsWellfound
& 12 more
Associated legal entities of Metalstreet
Metalstreet operates through Virtual Metalstreet 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 |
|---|---|---|---|---|---|---|---|
| Virtual Metalstreet Private Limited CIN U93090KA2017PTC106734 | Active | 27 Sep 2017 | Bangalore, Karnataka | ₹0.0 Cr | 2 | View details |
Funding Insights of Metalstreet
Metalstreet has successfully raised a total of $1.09M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $386.27 thousand completed in March 2020. 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 $1.09M
- Total Rounds 2
- Last Round Seed — $386,267
- First Round $700,000
(Oct 2018)
- Investors Count 13
All 2 funding rounds of Metalstreet 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 |
|---|---|---|---|---|---|
| Mar 2020 | $386,267 | Seed | $1.86M | Kunal Maheswari | |
| Oct 2018 | $700,000 | Angel Round | – | Tushar Patel | – |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2020 | $1.86M | •••••••• |
Last known valuation $1.86M (Mar 2020). 13 investors in total: 1 institutional and 12 angel.
Investors in Metalstreet
Metalstreet has secured backing from 13 investors, including institutional and angel investors. Prominent investors backing the company include Wellfound, Arun Atuadvani and Shamsunder Jairamdas.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Startup jobs are connected to individuals via a dedicated platform. | 2013 | wellfound.com | New York, United States | |
AA Arun Atuadvani | unknown_2fdb7b08f3b3416d9 | |||
SJ Shamsunder Jairamdas | unknown_74a57d4c411b41c9b | |||
VB Vivek Bunty Botra | unknown_7dd3ce39dcd347d88 | |||
KS Kim Soloman Ariel | unknown_9fd6dcf0fd23467ab | |||
RM Rajnikant Mehta | unknown_90356b19629e4fe8a | |||
KM Kunal Maheswari | unknown_492789d29b7f4640a | |||
ST Sherring Thekekkara | unknown_01204809ccc84e3fa | |||
DG Dushyant Gupta | unknown_2de0abcce0444a018 | |||
DB Dinesh Budapanahalli | unknown_216baa98545044aca |
Investor details for Metalstreet
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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- Round participation
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Verified entity values are shown only after access is granted.
Board of directors of Virtual Metalstreet Private Limited (Metalstreet)
Virtual Metalstreet Private Limited is the primary company behind Metalstreet. The board of Virtual Metalstreet Private Limited currently have 2 directors; the longest-serving is Ashirwad Agarwal, appointed in 2017. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ashirwad Agarwal DIN 01192515 | Director | 27 Sep 2017 | 9 yrs 1 mo | Virtual Metalstreet Private Limited |
| Vinita Agarwal DIN 09091905 | Director | 04 Dec 2023 | 2 yrs 10 mo | Virtual Metalstreet Private Limited |
People of Metalstreet
4 people are tracked at Metalstreet (4 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder, CEO | Leadership | |
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
Nupin Pillai | Co-Founder | Leadership |
Complete people profiles for Metalstreet
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Metalstreet
Figures of Virtual Metalstreet Private Limited, the primary company behind Metalstreet, for FY 2025. Revenue was ₹4,430 (-98% year on year). Net loss was -₹75,109 (-1695% margin). EBITDA was -₹75,109 (-1695% margin). Revenue has grown at a compounded annual rate of -97% over three years and -80% over five years.
- ₹4,430Revenue · FY 2025 · -98% YoY
- -₹75,109Net loss · -1695% margin
- -₹75,109EBITDA · -1695% margin
- ₹5.93 CrPaid-up capital
- -97%Revenue CAGR, 3 years
- -80%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Virtual Metalstreet Private Limited are on its company page.
Detailed financial statements for Metalstreet
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 Metalstreet
4 dated milestones of Metalstreet across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Metalstreet is founded.
- Funding First funding round of $700K.
- Funding Latest funding round, Seed, of $386K.
- Milestone Reaches Minicorn status.
Competitors of Metalstreet
Metalstreet has 3 listed competitors in our database, 2 of them funded. They include NowPurchase, JSW One MSME and Steeloncall.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| nowpurchase.com | 2017 | Kolkata, India | $8.69M | 90 | Tech-interfaced procurement marketplace is operated for metal manufacturers. | |
| jswonemsme.com | 2020 | Mumbai, India | $91.56M | 862 | Retailer of various steel products including mild, stainless, and structural | |
| steeloncall.com | 2016 | Visakhapatnam, India | 22 | Online platform connecting buyers and sellers for various steel products in India. |
Detailed competitors of Metalstreet
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Top companies in Metals & Minerals
3 companies that operate in the same segment as Metalstreet (Metals & Minerals) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Manufacturer of pipes, plates & coils, and home textile products | 1985 | Mumbai, Maharashtra, India | USD 544.74 M | 6,934 | ||
Chemical and casting products are manufactured, with shipping operations managed. | 1962 | Chennai, Tamil Nadu, India | USD 576.61 M | USD 1.43 B | 180 | |
Diversified operations span automotive, agriculture, and financial services. | 1945 | Mumbai, Maharashtra, India | USD 45.15 M | USD 20.78 B | 78,760 |
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Related news about Metalstreet
Complete news archive for Metalstreet
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Frequently Asked Questions about Metalstreet
Metalstreet was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Metalstreet is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Shashank Ananth is the CEO of Metalstreet, as recorded in our data. They have also founded this company.
Metalstreet is a funded company, having raised a total of $1.09M across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $700K, raised on Oct 2018.
The primary company behind Metalstreet, Virtual Metalstreet Private Limited, reported revenue of ₹4,430 for FY 2025, down 98% year on year.
Metalstreet, backed by 1086267.0 from Wellfound, Arun Atuadvani, Shamsunder Jairamdas, Vivek Bunty Botra, Kim Soloman Ariel, Rajnikant Mehta, Kunal Maheswari, Sherring Thekekkara, Dushyant Gupta, Dinesh Budapanahalli, Bela Sheth, Ajay Kumar Swarup, Tushar Patel, focuses on producing manufactured goods, metals and mining, steel industry, and marketplaces. Operates as a B2B online marketplace connecting steel manufacturers, importers, distributors, and traders across India. Driving innovation, growth, and excellence in its industry sectors.
Metalstreet's top competitors include NowPurchase, JSW One MSME and Steeloncall.
Metalstreet has 13 investors. Key investors include Wellfound, Arun Atuadvani, Shamsunder Jairamdas, Vivek Bunty Botra, and Kim Soloman Ariel.
The valuation of Metalstreet is $1.86M as of Mar 2020.
Metalstreet operates through Virtual Metalstreet Private Limited.
The legal entities of Metalstreet currently have 2 directors, including Ashirwad Agarwal, Vinita Agarwal.