About ProfitMart
ProfitMart is a Technology company based in Mumbai (India) founded in 2010 by Nayan Subhash Bhandari, Niranjan Gopal Mahajan, Yesudasan R K, and Rakesh Sonawan. ProfitMart has raised $370.12 thousand across 2 funding rounds from investors including Haroon Kazi and Ganpat Pokharna. The company has 89 employees. ProfitMart was last valued at $1.18 million in March 2017. Its website profitmart.in draws about 43 thousand monthly visits. Its Indian entity Profitmart Securities Private Limited reported revenue of ₹78.58 Cr. ProfitMart offers products and services including ProfitMax App, ProfitMax Web, and ProfitMax EXE. Its focus areas include FinTech, Investment Tech, Online Trading Platforms and Stocks. Its competitors include Groww, Angel One and Upstox; 3 of its 3 listed competitors have raised funding.
Company details
Provider of online trading platforms and investment products. It offers access to equities, derivatives, commodities, currencies, IPOs, and mutual funds. The firm provides multiple trading platforms, including mobile and desktop applications, along with educational resources and tools to support investment decisions. A key focus is on technology to ensure smooth trade execution and a user-friendly experience. The company also offers account opening services and back-office support.
- Headquarters Mumbai, India
- Employees 89
- Founders Nayan Subhash Bhandari, Niranjan Gopal Mahajan, Yesudasan R K, Rakesh Sonawan
- Stage Minicorn
- SectorsTechnology
- Website category Finance · Investing
- Email••••••••
- Phone•••• ••••
- Website profitmart.in
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Profitmart Securities Pvt Ltd
- Date of Incorporation 09 May, 2011
- Jurisdiction Thane, Maharashtra, India
- Annual Revenue₹78.58 Cr
FY 2025 · -14% YoY
- Net Profit₹8.02 Cr
FY 2025 · 10% margin
- EBITDA₹16.38 Cr
FY 2025 · 21% margin
- Total Equity Funding$370.12K (USD)
in 2 rounds
- Latest Funding Round$105.43K (USD), Angel Round
Mar 2017
- Employee Count89
Associated legal entities of ProfitMart
ProfitMart is associated with 2 registered companies on The Company Check; the primary company is Profitmart Securities Private Limited. 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 |
|---|---|---|---|---|---|---|---|
| Profitmart Securities Private Limited CIN U65990MH2011PTC217211 | Active | 09 May 2011 | Thane, Maharashtra | ₹78.6 Cr | 89 | 3 | View details |
| Profitmart Commodities Broking Private Limited CIN U51398MH2010PTC203210 | Active | 14 May 2010 | Thane, Maharashtra | ₹0.0 Cr | 19 | 4 | View details |
Products & Services of ProfitMart
ProfitMart offers a comprehensive portfolio of products and services, including ProfitMax App, ProfitMax Web, and ProfitMax EXE.
App for secure trading of stocks and investments on mobile devices.
Web interface for trading with advanced charting and tools.
Desktop software for powerful trading and analysis features.
Apps and channels of ProfitMart
ProfitMart publishes 2 mobile apps with over 50K+ downloads; its YouTube channel PROFITMART SECURITIES PVT. LTD has 19.8K subscribers and 30 videos.
Videos from ProfitMart
The most watched videos on ProfitMart's YouTube channel, PROFITMART SECURITIES PVT. LTD (19.8K subscribers). Click a video to play it here.
More on PROFITMART SECURITIES PVT. LTD.
Funding Insights of ProfitMart
ProfitMart has successfully raised a total of $370.12K across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $105.43 thousand completed in March 2017. 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 $370,123
- Total Rounds 2
- Last Round Angel Round — $105,429
- First Round $264,694
(Jan 2012)
- Investors Count 2
All 2 funding rounds of ProfitMart 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 2017 | $105,429 | Angel Round | $1.18M | Haroon Kazi | – |
| Jan 2012 | $264,694 | Angel Round | – | Ganpat Pokharna | – |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2017 | $1.18M | •••••••• |
Last known valuation $1.18M (Mar 2017). 2 investors in total: 0 institutional and 2 angel.
Investors in ProfitMart
ProfitMart has secured backing from 2 investors, including angel investors. Prominent investors backing the company include Haroon Kazi and Ganpat Pokharna.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
HK Haroon Kazi | unknown_6380cfa6a3f941e3a | |||
GP Ganpat Pokharna | unknown_d82be55edef440e2a |
Investor details for ProfitMart
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Profitmart Securities Private Limited (ProfitMart)
Profitmart Securities Private Limited is the primary company behind ProfitMart. The boards of the 2 registered companies of ProfitMart currently have 4 directors; the longest-serving is Nayan Subhash Bhandari, appointed in 2016. 12 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nayan Subhash Bhandari DIN 02322322 | Director | 16 Feb 2016 | 10 yrs 8 mo | Profitmart Commodities Broking Private Limited |
| Rakesh Prakash Sonawane DIN 06836481 | Director | 16 Feb 2016 | 10 yrs 8 mo | Profitmart Commodities Broking Private Limited, Profitmart Securities Private Limited |
| Ramanathan Kannadasan Yesudasan DIN 07436073 | Director | 16 Feb 2016 | 10 yrs 8 mo | Profitmart Commodities Broking Private Limited, Profitmart Securities Private Limited |
| Niranjan Gopal Mahajan DIN 06722341 | Director | 16 Feb 2016 | 10 yrs 8 mo | Profitmart Commodities Broking Private Limited, Profitmart Securities Private Limited |
People of ProfitMart
21 people are tracked at ProfitMart (10 in leadership, 11 in team); the tracked headcount is 89.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
Yesudasan R K | Co-Founder | Leadership |
Rakesh Sonawan | Co-Founder | Leadership |
Chinmay Barve | Head Of Research | Leadership |
| Co-Founder & Director | Leadership | |
Anand Kankaria | Channel Head | Leadership |
Jitendra Thakur | Area Head | Leadership |
Martin Arokeyaraj | Cluster Head Advisory | Leadership |
Sudhakar Patil | Channel Partner | Leadership |
Lava Kumar | Branch Sales Manager | Team |
Sufia Kazi | Relationship Manager | Team |
Karthikeyan K | Sales And Marketing Specialist | Team |
Janani K | Sales Attendant | Team |
Afzal Shariff | Sr Branch Manager | Team |
Rahul Ganathe | Sr,branch Manager | Team |
Pratik Raut | Accounts Payable Team Lead | Team |
Somnath Banerjee | Senior Relationship Manager | Team |
Shakshi Singh | Relationship Manager | Team |
Sunil Dhangar | Relationship Manager | Team |
1 more people are available in the full profile.
Complete people profiles for ProfitMart
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of ProfitMart
Figures of Profitmart Securities Private Limited, the primary company behind ProfitMart, for FY 2025. Revenue was ₹78.58 Cr (-14% year on year). Net profit was ₹8.02 Cr (10% margin). EBITDA was ₹16.38 Cr (21% margin). Revenue has grown at a compounded annual rate of -18% over three years and +12% over five years.
- ₹78.58 CrRevenue · FY 2025 · -14% YoY
- ₹8.02 CrNet profit · 10% margin
- ₹16.38 CrEBITDA · 21% margin
- ₹91.8 LakhPaid-up capital
- 89Employees (provident fund records)
- -18%Revenue CAGR, 3 years
- +12%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Profitmart Securities Private Limited are on its company page.
Detailed financial statements for ProfitMart
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of ProfitMart
4 dated milestones of ProfitMart across 7 years, from founding to its latest funding, stage changes and deals.
- Founded ProfitMart is founded.
- Funding First funding round of $265K.
- Funding Latest funding round, Angel Round, of $105K.
- Milestone Reaches Minicorn status.
Competitors of ProfitMart
ProfitMart has 3 listed competitors in our database, 3 of them funded. They include Groww, Angel One and Upstox.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| groww.in | 2016 | Bengaluru, India | $595.76M | 933 | An online platform for investments and trading services is offered. | |
| angelone.in | 1996 | Mumbai, India | $38.41M | 2,974 | App-based brokerage stock trading platform | |
| upstox.com | 2009 | Mumbai, India | $219.86M | 582 | Tech-driven trading platform is offered for low-cost brokerage services. |
Detailed competitors of ProfitMart
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of ProfitMart
The website of ProfitMart (profitmart.in) receives about 42.7K visits a month and ranks #849,974 among all websites worldwide, #7,961 in Investing.
- Monthly visits42.7K
▲ 30.6% vs previous month
- Unique visitors12.8K
per month
- Global rank#849,974
among all websites
- Category rank#7,961
Finance · Investing
- Bounce rate43%
- Pages per visit2.8
- Average visit47 sec
- DevicesDesktop 41% · Mobile 59%
Websites whose visitors overlap most with ProfitMart. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| indiratrade.com | 100% | 38.7K | #925,993 | View details | |
| swastika.co.in | 98% | 111.1K | #310,794 | View details | |
| ruchirgupta.co.in | 94% | #504,888 | View details | ||
| mastertrust.co.in | 89% | 122.5K | #200,547 | View details | |
| marwadionline.com | 89% | 57.4K | #374,706 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for ProfitMart
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Investment & Financial Technology
2 companies that operate in the same segment as ProfitMart (Investment & Financial Technology) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
App-based brokerage stock trading platform | 1996 | Mumbai, Maharashtra, India | USD 38.41 M | USD 548.9 M | 3,830 | |
Smart investment portfolios are offered via an online platform. | 2015 | Bengaluru, Karnataka, India | USD 121.05 M | USD 635.51 K | 231 |
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Frequently Asked Questions about ProfitMart
ProfitMart was founded in 2010 and raised its 1st funding round 2 years after it was founded.
ProfitMart is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
ProfitMart is a funded company, having raised a total of $370.12K across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $264.69K, raised on Jan 2012.
ProfitMart has 89 employees.
The primary company behind ProfitMart, Profitmart Securities Private Limited, reported revenue of ₹78.58 Cr for FY 2025, down 14% year on year.
Provider of online trading platforms and investment products. It offers access to equities, derivatives, commodities, currencies, IPOs, and mutual funds. The firm provides multiple trading platforms, including mobile and desktop applications, along with educational resources and tools to support investment decisions. A key focus is on technology to ensure smooth trade execution and a user-friendly experience. The company also offers account opening services and back-office support.
ProfitMart offers ProfitMax App, ProfitMax Web, and ProfitMax EXE.
ProfitMart has 2 investors. Key investors include Haroon Kazi, and Ganpat Pokharna.
The valuation of ProfitMart is $1.18M as of Mar 2017.
ProfitMart is associated with 2 legal entities: Profitmart Securities Private Limited, Profitmart Commodities Broking Private Limited.
The legal entities of ProfitMart currently have 4 directors, including Nayan Subhash Bhandari, Rakesh Prakash Sonawane, Ramanathan Kannadasan Yesudasan and others.