About MVIKAS
MVIKAS is a Retail company based in Delhi (India) founded in 2019 by Abhinav Kumar, Aditya Batra, Rajat Kumar, Pooja Arora, and Gunjan Singhal. Online B2B marketplace offering industrial goods for business. MVIKAS has raised $184.66 thousand across 2 funding rounds from investors including Jitesh Soni, Yuvraj Singh and Anchit Gupta. The company has 32 employees. MVIKAS was last valued at $677.05 thousand in April 2022. Its chief executive, as recorded, is Abhinav Kumar. Its focus areas include B2B E-Commerce, Industrial Goods, Diversified and Marketplace. Its competitors include ToolsVilla, Bulk MRO and Aksum Trademart; 3 of its 3 listed competitors have raised funding.
Company details
MVIKAS was founded in 2019 and is headquartered in Delhi, India. An e-marketplace is operated to link manufacturers, distributors, traders, and consumers nationwide. Industrial products such as transformers, capacitors, chemicals, machinery parts, hardware tools, and spare parts are featured in the catalog. Business transactions are facilitated across the country through this digital platform.
- Annual Revenue$6.69 M (USD)124as on Mar 31, 2024
- Net Profit$13.17 K (USD)115as on Mar 31, 2024
- EBITDA$19.52 K (USD)123as on Mar 31, 2024
- Total Equity Funding$184.66K (USD)
in 2 rounds
- Latest Funding Round$161.74K (USD), Angel Round
Mar 2024
- Employee Count32
Associated legal entities of MVIKAS
MVIKAS is associated with 2 registered companies on The Company Check. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Mvikas Super Logistics Private Limited CIN U63030DL2021PTC379114 | Active | 24 Mar 2021 | Delhi, Delhi | ₹5.1 Cr | 6 | 2 | View details |
| Mvikas Technologies Private Limited CIN U74999DL2019PTC358822 | Active | 16 Dec 2019 | Delhi, Delhi | ₹55.3 Cr | 29 | 5 | View details |
Funding Insights of MVIKAS
MVIKAS has successfully raised a total of $184.66K across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $161.74 thousand completed in March 2024. 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 $184,664
- Total Rounds 2
- Last Round Angel Round — $161,743
- First Round $22,921
(Apr 2022)
- Investors Count 4
All 2 funding rounds of MVIKAS 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 2024 | $161,743 | Angel Round | – | – | – |
| Apr 2022 | $22,921 | Angel Round | $677,050 | Jitesh Soni, Yuvraj Singh |
Last known valuation $677,050 (Apr 2022). 4 investors in total: 0 institutional and 4 angel.
Investors in MVIKAS
MVIKAS has secured backing from 4 investors, including angel investors. Prominent investors backing the company include Jitesh Soni, Yuvraj Singh and Anchit Gupta.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
JS Jitesh Soni | unknown_71e249d165564a479 | |||
YS Yuvraj Singh | unknown_fcb6c49c25cd49d4b | |||
AG Anchit Gupta | Angel investor and entrepreneur, co-founder of Clearing Corporation of India. | unknown_af86d913fccf4ea79 | ||
PA Pooja Arora | Angel investor focusing on early-stage Indian startups in tech and consumer sectors. | unknown_0ff9c56e8ba2461cb |
Investor details for MVIKAS
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Board of directors of MVIKAS
The boards of the 2 registered companies of MVIKAS currently have 6 directors; the longest-serving is Abhinav Kumar, appointed in 2021. 10 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Abhinav Kumar DIN 05212428 | Managing Director | 17 Aug 2021 | 5 yrs 2 mo | Mvikas Super Logistics Private Limited, Mvikas Technologies Private Limited |
| Aditya Batra Kumar DIN 06389006 | Director | 01 Apr 2024 | 2 yrs 6 mo | Mvikas Super Logistics Private Limited |
| Ram Bhushan DIN 10591970 | Director | 25 Nov 2024 | 1 yr 11 mo | Mvikas Technologies Private Limited |
| Richa Jain DIN 11356978 | Additional Director | 27 Oct 2025 | 1 yr | Mvikas Technologies Private Limited |
| Rajat Kumar DIN 05224816 | Additional Director | 27 Nov 2025 | 11 mo | Mvikas Technologies Private Limited |
| Gunjan Kumar Singh DIN 03612262 | Additional Director | 01 Dec 2025 | 10 mo | Mvikas Technologies Private Limited |
People of MVIKAS
11 people are tracked at MVIKAS (6 in leadership, 5 in team); the tracked headcount is 32.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
Pooja Arora | Co-Founder | Leadership |
Gunjan Singhal | Co-Founder | Leadership |
| CTO / Co-founder | Leadership | |
Harleen Kaur Gill | Senior Executive Human Resources | Team |
Anirban Ghosh | Project Sales Manager | Team |
Sangeet Dhasmana | Sales & Key Account Executive | Team |
Rahul Pandit | Sales Executive | Team |
Akash Kumar | Associate Product Manager | Team |
Complete people profiles for MVIKAS
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Verified entity values are shown only after access is granted.
Financials of MVIKAS
Figures of Mvikas Super Logistics Private Limited, the primary company behind MVIKAS, for FY 2025. Revenue was ₹5.09 Cr (+244% year on year). Net profit was ₹3.5 Lakh (1% margin). EBITDA was ₹15.8 Lakh (3% margin). Revenue has grown at a compounded annual rate of +352% over three years.
- ₹5.09 CrRevenue · FY 2025 · +244% YoY
- ₹3.5 LakhNet profit · 1% margin
- ₹15.8 LakhEBITDA · 3% margin
- ₹1.3 LakhPaid-up capital
- 6Employees (provident fund records)
- +352%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Mvikas Super Logistics Private Limited are on its company page.
Detailed financial statements for MVIKAS
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of MVIKAS
3 dated milestones of MVIKAS across 5 years, from founding to its latest funding, stage changes and deals.
- Founded MVIKAS is founded.
- Funding First funding round of $23K.
- Funding Latest funding round, Angel Round, of $162K.
Competitors of MVIKAS
MVIKAS has 3 listed competitors in our database, 3 of them funded. They include ToolsVilla, Bulk MRO and Aksum Trademart.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| toolsvilla.com | 2015 | Kolkata, India | $169,692 | 19 | Industrial equipment and supplies are offered via an online platform. | |
| bulkmro.com | 2015 | Mumbai, India | $6.69M | 98 | Industrial supplies are distributed via an online B2B platform. | |
| aksum.co.in | 2021 | Delhi, India | $1M | 15 | Steel, polymers, chemicals, paints, and construction products are supplied. |
Detailed competitors of MVIKAS
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Web traffic of MVIKAS
The website of MVIKAS (mvikas.in) receives about 2.6K visits a month.
- Monthly visits2.6K
▲ 15.9% vs previous month
Top companies in B2B Marketplaces & Wholesale
2 companies that operate in the same segment as MVIKAS (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 38.12 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 MVIKAS
MVIKAS was founded in 2019 and raised its 1st funding round 3 years after it was founded.
MVIKAS is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Abhinav Kumar is the CEO of MVIKAS, as recorded in our data. They have also founded this company.
MVIKAS is a funded company, having raised a total of $184.66K across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $22.92K, raised on Apr 2022.
MVIKAS has 32 employees.
Annual revenue of MVIKAS is $6.69M as on Mar 31, 2024.
MVIKAS was founded in 2019 and is headquartered in Delhi, India. An e-marketplace is operated to link manufacturers, distributors, traders, and consumers nationwide. Industrial products such as transformers, capacitors, chemicals, machinery parts, hardware tools, and spare parts are featured in the catalog. Business transactions are facilitated across the country through this digital platform.
MVIKAS's top competitors include Aksum Trademart, Bulk MRO and ToolsVilla.
MVIKAS has 4 investors. Key investors include Jitesh Soni, Yuvraj Singh, Anchit Gupta, and Pooja Arora.
The valuation of MVIKAS is $677.05K as of Apr 2022.
MVIKAS is associated with 2 legal entities: Mvikas Super Logistics Private Limited, Mvikas Technologies Private Limited.
The legal entities of MVIKAS currently have 6 directors, including Abhinav Kumar, Aditya Batra Kumar, Gunjan Kumar Singh and others.