NowPurchase

Kolkata, India Founded: 2017 • Age: 9 yrs
Tech-interfaced procurement marketplace is operated for metal manufacturers.
Annual revenue $22.1M Latest available
Total funding $17.2M 6 rounds
Employees 48 Tracked headcount
Investors 30 Known backers
Products - Services tracked
Competitors 8 Brand Intelligence

About NowPurchase

NowPurchase is a company based in Kolkata (India) founded in 2017 by Aakash Shah and Naman Shah. NowPurchase has raised $17.19 million across 6 funding rounds from investors including UC Inclusive Credit, Venture Catalysts and Dholakia Ventures. The company has 48 employees as of April 08, 2024. NowPurchase operates in a competitive market with competitors including OfBusiness, Power2SME, JSW One MSME, Ouyeel and Ximkart, among others.

  • Headquarter Kolkata, India
  • Employees 48 as on 08 Apr, 2024
  • Founders Aakash Shah, Naman Shah
  • Stage Minicorn
  • Sectors
    Industrial Goods & Manufacturing
    Retail
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Biz Hero India Private Limited
  • Date of Incorporation 19 Aug, 2016
  • Jurisdiction Kolkata, West Bengal, India
Operational Areas
Industrial Goods & Manufacturing → Industrial Materials & Resources Unlock Sub-Sector Unlock Segment
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems Unlock Sub-Sector Unlock Segment
Retail → E-Commerce Platforms & Marketplaces Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $22.11 M (USD)
    60.6
    as on Mar 31, 2024
  • Net Profit
    -$885.51 K (USD)
    -32.75
    as on Mar 31, 2024
  • EBITDA
    -$712.62 K (USD)
    -12.75
    as on Mar 31, 2024
  • Total Equity Funding
    $17.19 M (USD)

    in 6 rounds

  • Latest Funding Round
    $8.5 M (USD), Series B

    Apr 01, 2026

  • Investors
  • Employee Count
    48

    as on Apr 08, 2024

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People of NowPurchase

Headcount 10-50
Employee Profiles 30
Employee Profiles
People
Prateek Losalka
VP - Finance & Accounts
People
Iqbal Naseem
Senior Business Development Manager - Saas
People
Ankit Baranwal
Manager Accounts & Finance
People
Arya Vikram Singh
Business Development Manager

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Funding Insights of NowPurchase

NowPurchase has successfully raised a total of $17.19M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $8.5 million completed in April 2026. 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.

Investors in NowPurchase

NowPurchase has secured backing from 30 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include UC Inclusive Credit, Venture Catalysts and Dholakia Ventures.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital firm backed by Info Edge and Temasek
Locked Locked Locked
Venture capital firm focused on early-stage investments
Locked Locked Locked
A startup accelerator offering funding and support to early-stage companies.
Locked Locked Locked
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Investor details for NowPurchase

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

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Investments & Acquisitions by NowPurchase

Investments
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Investment portfolio details for NowPurchase

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  • Portfolio identities
  • Transaction dates
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Financial Statements - NowPurchase

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Detailed financials for NowPurchase

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  • Historical revenue
  • Profit trends
  • Statement rows
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Nowpurchase Comparisons

NowPurchase Primary company
Description
Tech-interfaced procurement marketplace is operated for meta...
Location
Kolkata, India
Founded Year
2017
Annual Revenue
$22.11 M (USD)
Net Profit
-$885.51 K (USD)
EBITDA
-$712.62 K (USD)
Employees
48
As of 2024
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Peer comparison for NowPurchase

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
  • Headcount comparison
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Competitors of NowPurchase

NowPurchase 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 OfBusiness, Power2SME, JSW One MSME, Ouyeel and Ximkart, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Provider of B2B platform for raw material procurement and credit access
Locked Locked Locked
Provider of a B2B digital marketplace offering multi-category industrial products
Locked Locked Locked
Retailer of various steel products including mild, stainless, and structural
Locked Locked Locked
Online steel trading and supply chain services are provided.
Locked Locked Locked
An online B2B cross-border trade marketplace offering industrial raw materials
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Detailed competitors of NowPurchase

Competitor domains, locations, full profiles, and operating metrics require an active premium plan.

  • Domains and locations
  • Full company profiles
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  • Competitive positioning

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Latest news on Nowpurchase

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Complete news archive for NowPurchase

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about NowPurchase

NowPurchase was founded in 2017 and raised its 1st funding round 2 years after it was founded.

NowPurchase is headquartered in Kolkata, India. It is registered at Kolkata, West Bengal, India.

Naman Shah is the current CEO of NowPurchase. They have also founded this company.

NowPurchase is a funded company, having raised a total of $17.19M across 6 funding rounds to date.

As of Apr 08, 2024, the latest employee count at NowPurchase is 48.

Annual revenue of NowPurchase is $22.11M as on Mar 31, 2024.

NowPurchase was founded in 2017 in Kolkata, India, as a procurement marketplace focused on the metal manufacturing sector. Software solutions are provided to optimize production processes and streamline procurement activities. Services encompass raw materials distribution, quote generation, quality inspection, and inventory management. Products supplied include power tools, electrical components, fasteners, and industrial bearings, supporting operations across the region.

NowPurchase's top competitors include JSW One MSME, OfBusiness and Power2SME.

NowPurchase has 30 investors. Key investors include UC Inclusive Credit, Venture Catalysts, Dholakia Ventures, 100Unicorns, and Orios Venture Partners.

The valuation of NowPurchase is $8.51M as of Nov 2021.

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