PlaceOrder

Kochi, India Founded: 1997 • Age: 29 yrs
Provides B2B platform for businesses to buy and sell on ONDC network.
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About PlaceOrder

PlaceOrder is a Business Services company based in Kochi (India) founded in 1997 by Pawan Kumar, Prabu Chanduru, and Thomson Skariah Thayil. It provides B2B platform for businesses to buy and sell on ONDC network. It operates on a B2B and Marketplace model in Business Services and Retail sectors. Its chief executive is Thomson Skariah Thayil. PlaceOrder offers products and services including Placeorder App, Buy Feature, and Sell Feature. Its focus areas include Digital Transformation, Platform Services, Network Commerce and Ecommerce. Its legal entity in India is Ultranet Placeorder Private Limited (U74999KL2023PTC080002). Its competitors include Olist, Mirakl, Growsari, Auction Technology Group and Marketplacer and 5 more; 9 of its 10 listed competitors have raised funding.

Company details

PlaceOrder operates as a B2B marketplace on the Open Network for Digital Commerce (ONDC) in India, enabling businesses to source products efficiently and reach broader customers. It focuses on digital transformation by reducing operational costs and offering fair pricing through a platform-neutral model. Based in Kochi with an office in Bengaluru, it supports sellers and buyers in expanding their reach and optimizing business operations.

  • Headquarters Kochi, India
  • Employees 1
  • Founders Pawan Kumar, Prabu Chanduru, Thomson Skariah Thayil
  • Sectors
    Business Services
    Retail
  • Email
    ••••••••
  • Website placeorder.com
  • Social LinkedIn Instagram
  • Legal Name Ultranet Placeorder Private Limited
  • Date of Incorporation 16 Jan, 2023
  • Jurisdiction Ernakulam, Kerala, India
Operational Areas
Business Services → Digital Transformation & Automation Services
Retail → E-Commerce Sellers & Service Providers
Key Metrics
  • Annual Revenue
    ₹8,500

    FY 2024

  • Net Loss
    -₹11.1 Lakh

    FY 2024 · -13038% margin

  • EBITDA
    -₹11 Lakh

    FY 2024 · -12989% margin

  • Employee Count
    1

Products & Services of PlaceOrder

PlaceOrder offers a comprehensive portfolio of products and services, including Placeorder App, Buy Feature, and Sell Feature.

Placeorder App
B2B Marketplace Platform

App enables businesses to buy and sell products via ONDC network.

Buy Feature
Procurement Tool

Tool for sourcing products from ONDC sellers efficiently.

Sell Feature
Sales Platform

Feature allows businesses to reach customers on ONDC globally.

Board of directors of Ultranet Placeorder Private Limited (PlaceOrder)

Ultranet Placeorder Private Limited is the primary company behind PlaceOrder. The boards of the 2 registered companies of PlaceOrder currently have 5 directors; the longest-serving is Prabu Chanduru, appointed in 2016. 9 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Prabu Chanduru
DIN 07626070
Director12 Nov 20169 yrs 11 moAcelr Tech Labs Private Limited
Pawan Kumar
DIN 07658731
Whole-time director20 Dec 20169 yrs 9 moAcelr Tech Labs Private Limited
Anoop David
DIN 02050331
Nominee Director01 Jan 20206 yrs 9 moAcelr Tech Labs Private Limited
Thomson Thayil Skariah
DIN 06499319
Managing Director16 Jan 20233 yrs 9 moUltranet Placeorder Private Limited, Acelr Tech Labs Private Limited
Arun David
DIN 02050322
Director16 Jan 20233 yrs 9 moUltranet Placeorder Private Limited, Acelr Tech Labs Private Limited

People of PlaceOrder

3 people are tracked at PlaceOrder (3 in leadership); the tracked headcount is 1.

NameRoleGroup
Pawan Kumar
Co-FounderLeadership
Prabu Chanduru
Co-FounderLeadership
Thomson Skariah Thayil
Co-Founder, CEOLeadership
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Financials of PlaceOrder

Figures of Ultranet Placeorder Private Limited, the primary company behind PlaceOrder, for FY 2024. Revenue was ₹8,500. Net loss was -₹11.1 Lakh (-13038% margin). EBITDA was -₹11 Lakh (-12989% margin).

  • ₹8,500Revenue · FY 2024
  • -₹11.1 LakhNet loss · -13038% margin
  • -₹11 LakhEBITDA · -12989% margin
  • ₹75,000Paid-up capital

Balance sheet, profit and loss, cash flow and ratios of Ultranet Placeorder Private Limited are on its company page.

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Detailed financial statements for PlaceOrder

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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Competitors of PlaceOrder

PlaceOrder has 10 listed competitors in our database, 9 of them funded. They include Olist, Mirakl, Growsari, Auction Technology Group and Marketplacer, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
Olist
olist.com2014Curitiba, Brazil$314.39M–
Software suite solutions are provided for e-commerce retailers and marketplaces.
Mirakl
mirakl.com2012Paris, France$948.18M–
Cloud-based e-commerce solutions for marketplace businesses are provided.
Growsari
growsari.com2016Pasig, Philippines$82.5M–
Online B2B marketplace for grocery products and services is operated.
Auction Technology Group
auctiontechnologygroup.com1971London, United Kingdom–243
Technology is provided to enable auction-based secondary goods marketplaces.
Marketplacer
marketplacer.com2007South Melbourne, Australia$73.47M–
Solutions for marketplace platforms are provided to businesses.
ONDC
ondc.org2021Delhi, India$7.84M89
Open network facilitating digital commerce for buyers and sellers
Project Verte
projectverte.com2017Mcdonough, United States$62M89
Provider of e-commerce platform for businesses
Clazar
clazar.io2023San Francisco, United States$10M–
SaaS e-commerce software for cloud marketplace sellers is provided.
Etailz
etailz.com2008Spokane, United States$5.2M152
Multi-channel e-commerce software solutions are provided for sellers.
Neteven
neteven.com2005London, United Kingdom$5.8M2
Distribution on online marketplaces is facilitated via SaaS software.
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Detailed competitors of PlaceOrder

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 Digital Transformation & Automation Services

10 companies that operate in the same segment as PlaceOrder (Digital Transformation & Automation Services), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Happiest Minds
IT outsourcing services are delivered across multiple business lines.
2011Bengaluru, Karnataka, IndiaUSD 64.83 MUSD 246.74 M5,260
EXL
Analytics and digital solutions for healthcare and banking are provided.
1999New York, New York, United StatesUSD 10 MUSD 2.09 B59,500
UST
Provider of data analytics, cloud modernization, management strategy, and digital transformation services
1998Aliso Viejo, California, United StatesUSD 250 MUSD 59.61 M1,905
Fractal Analytics
Artificial intelligence and analytics solutions are provided for enterprise transformation.
2000New York, New York, United StatesUSD 685 MUSD 270.83 M5,217
Booz Allen Hamilton
Analytics, cybersecurity, and digital transformation services are provided.
1914Mclean, Virginia, United States–USD 11.22 B35,800
Inflection AI
Enterprise AI models are developed and tuned for business integration.
2022Palo Alto, California, United StatesUSD 1.53 B–84
Genpact
Provider of end-to-end business process outsourcing services
1997New York, New York, United States–USD 5.08 B140,000
Persistent
IT consulting, data analytics, and digital transformation services are provided.
1990Pune, Maharashtra, IndiaUSD 18.8 MUSD 1.57 B24,590
EMudhra
Provider of digital signature certificates, PKI, and e-signature solutions
2008Bengaluru, Karnataka, IndiaUSD 26.23 MUSD 74.82 M851
NTT DATA
Application development, cloud, cybersecurity, and business intelligence services are provided.
1967Koto, Tokyo, Japan–USD 31.05 B197,780
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Frequently Asked Questions about PlaceOrder

PlaceOrder was founded in 1997.

PlaceOrder is headquartered in Kochi, India. It is registered at Kochi, Kerala, India.

Thomson Skariah Thayil is the current CEO of PlaceOrder. They have also founded this company.

PlaceOrder has 1 employees.

The primary company behind PlaceOrder, Ultranet Placeorder Private Limited, reported revenue of ₹8,500 for FY 2024.

PlaceOrder operates as a B2B marketplace on the Open Network for Digital Commerce (ONDC) in India, enabling businesses to source products efficiently and reach broader customers. It focuses on digital transformation by reducing operational costs and offering fair pricing through a platform-neutral model. Based in Kochi with an office in Bengaluru, it supports sellers and buyers in expanding their reach and optimizing business operations.

PlaceOrder's top competitors include Olist, Mirakl and Growsari.

PlaceOrder offers Placeorder App, Buy Feature, and Sell Feature.

PlaceOrder is associated with 2 legal entities: Ultranet Placeorder Private Limited, Acelr Tech Labs Private Limited.

The legal entities of PlaceOrder currently have 6 directors, including Thomson Thayil Skariah, Arun David, Prabu Chanduru and others.

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