About Phygicart
Phygicart is a company based in Dubai (United Arab Emirates) founded in 2016 by Anish k Joy. Phygicart has raised $14.5 million across 1 funding round from investors including Boby Chemmanur. The company has 68 employees as of March 29, 2024. Phygicart operates in a competitive market with competitors including Amazon, Paytm Mall, noon, Wadi and Yallamarket, among others.
- Headquarter Dubai, United Arab Emirates
- Employees 68 as on 29 Mar, 2024
- Founders Anish k Joy
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Sectors
Retail
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Email
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Phone
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Website
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Social
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- Legal Name Phygicart E-Commerce Private Limited
- Date of Incorporation 06 Jul, 2017
- Jurisdiction Thrissur, Kerala, India
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Annual Revenue
$11.94 M (USD)-54.35as on Mar 31, 2023
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Net Profit
$436.37 K (USD)49.51as on Mar 31, 2023
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EBITDA
$436.15 K (USD)-45.72as on Mar 31, 2023
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Total Equity Funding
$14.5 M (USD)
in 1 rounds
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Latest Funding Round
$14.5 M (USD), Angel Round
Jul 05, 2018
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Investors
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Employee Count
68
as on Mar 29, 2024
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Funding Insights of Phygicart
Phygicart has successfully raised a total of $14.5M through 1 strategic funding round. The most recent funding activity was a Angel Round of $14.5 million completed in July 2018. 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 Phygicart
Phygicart has secured backing from 1 investor, including angel investors. Prominent investors backing the company include Boby Chemmanur.
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Boby Chemmanur |
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Investor details for Phygicart
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Investments & Acquisitions by Phygicart
Investment portfolio details for Phygicart
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Financial Statements - Phygicart
Detailed financials for Phygicart
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Phygicart Comparisons
Peer comparison for Phygicart
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Competitors of Phygicart
Phygicart 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 Amazon, Paytm Mall, noon, Wadi and Yallamarket, among others.
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Multi-category products are offered through an online marketplace.
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Multi-category consumer products are offered via an app-based marketplace.
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Multi-category consumer products are sold via an online marketplace platform.
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Online horizontal marketplace is operated for Middle Eastern countries.
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Multi-category grocery products are offered via an online platform.
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Detailed competitors of Phygicart
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Latest news on Phygicart
Complete news archive for Phygicart
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Frequently Asked Questions about Phygicart
Phygicart was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Phygicart is headquartered in Dubai, United Arab Emirates. It is registered at Dubai, Dubai, United Arab Emirates.
Phygicart is a funded company, having raised a total of $14.5M across 1 funding round to date.
As of Mar 29, 2024, the latest employee count at Phygicart is 68.
Annual revenue of Phygicart is $11.94M as on Mar 31, 2023.
Phygicart was founded in 2016 and is headquartered in Dubai, United Arab Emirates. An online marketplace is operated, featuring a diverse catalog that encompasses clothing, beauty products, electronics, home improvement items, healthcare goods, groceries, food products, and fashion accessories such as perfumes and watches. Transactions are facilitated across these sectors for consumers in the region.
Phygicart's top competitors include Amazon, noon and Paytm Mall.
Phygicart has 1 investor. Key investors include Boby Chemmanur.