About Metalstreet
Metalstreet is a company based in Bengaluru (India) founded in 2017 by Shashank Ananth, Arun Shukla, Ashirwad Agarwal, and Nupin Pillai. It operates as a B2B. Metalstreet has raised $1.09 million across 2 funding rounds from investors including Wellfound, Arun Atuadvani and Shamsunder Jairamdas. Metalstreet operates in a competitive market with competitors including NowPurchase, JSW One MSME, Ouyeel, Steeloncall and ToolKart, among others.
- Headquarter Bengaluru, India
- Founders Shashank Ananth, Arun Shukla, Ashirwad Agarwal, Nupin Pillai
- Stage Minicorn
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Sectors
Industrial Goods & Manufacturing
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Phone
*********
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Website
*********
- Legal Name Virtual Metalstreet Private Limited
- Date of Incorporation 27 Sep, 2017
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$11.04 K (USD)-99.54as on Mar 31, 2023
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Net Profit
$177.71 K (USD)158.37as on Mar 31, 2023
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EBITDA
$-4.93 K (USD)98.38as on Mar 31, 2023
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Total Equity Funding
$1.09 M (USD)
in 2 rounds
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Latest Funding Round
$386.27 K (USD), Seed
Mar 16, 2020
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Investors
Wellfound
& 12 more
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Employee Count
Employee Count
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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 Total Funding
- Total Rounds 2
- Last Round Seed — $386,267
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First Round
First Round
(15 Oct 2018)
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2020 | Amount | Seed - Metalstreet | Valuation | Kunal Maheswari | |
| Oct, 2018 | Amount | Angel Round - Metalstreet | Valuation | Tushar Patel |
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| 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 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. 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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Startup jobs are connected to individuals via a dedicated platform.
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Founded Year | Domain | Location | |
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AA
Arun Atuadvani |
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Founded Year | Domain | Location |
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SJ
Shamsunder Jairamdas |
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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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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Metalstreet
| 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 - Metalstreet
| 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 |
Metalstreet Comparisons
Competitors of Metalstreet
Metalstreet 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 NowPurchase, JSW One MSME, Ouyeel, Steeloncall and ToolKart, 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 |
Tech-interfaced procurement marketplace is operated for metal manufacturers.
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| domain | founded_year | HQ Location |
Retailer of various steel products including mild, stainless, and structural
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| domain | founded_year | HQ Location |
Online steel trading and supply chain services are provided.
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| domain | founded_year | HQ Location |
Online platform connecting buyers and sellers for various steel products in India.
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| domain | founded_year | HQ Location |
Industrial tools are offered via an online B2B marketplace.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about Metalstreet
When was Metalstreet founded?
Metalstreet was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is Metalstreet located?
Metalstreet is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Metalstreet?
Shashank Ananth is the current CEO of Metalstreet. They have also founded this company.
Is Metalstreet a funded 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 15, 2018.
What is the annual revenue of Metalstreet?
Annual revenue of Metalstreet is $11.04K as on Mar 31, 2023.
What does Metalstreet do?
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.
Who are the top competitors of Metalstreet?
Metalstreet's top competitors include NowPurchase, JSW One MSME and Ouyeel.
Who are Metalstreet's investors?
Metalstreet has 13 investors. Key investors include Wellfound, Arun Atuadvani, Shamsunder Jairamdas, Vivek Bunty Botra, and Kim Soloman Ariel.
What is Metalstreet's valuation?
The valuation of Metalstreet is $1.86M as of Mar 2020.