About ProfitMart
ProfitMart is a 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 as of April 03, 2024. ProfitMart offers products and services including ProfitMax App, ProfitMax Web, and ProfitMax EXE. ProfitMart operates in a competitive market with competitors including Groww, Angel One, Upstox, Tiger Brokers and Interactive Brokers, among others.
- Headquarter Mumbai, India
- Employees 89 as on 03 Apr, 2024
- Founders Nayan Subhash Bhandari, Niranjan Gopal Mahajan, Yesudasan R K, Rakesh Sonawan
- Stage Minicorn
-
Sectors
Technology
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Profitmart Securities Pvt Ltd
- Jurisdiction Thane, Maharashtra, India
-
Annual Revenue
$11.61 M (USD)-33.43as on Mar 31, 2023
-
Net Profit
$1.4 M (USD)-47.44as on Mar 31, 2023
-
EBITDA
$928.27 K (USD)-54.85as on Mar 31, 2023
-
Total Equity Funding
$370.12 K (USD)
in 2 rounds
-
Latest Funding Round
$105.43 K (USD), Angel Round
Mar 27, 2017
-
Investors
& 1 more
-
Employee Count
89
as on Apr 03, 2024
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
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.
People of ProfitMart
Unlock access to complete
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.
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 |
-
|
Locked | Locked | Locked |
|
GP
Ganpat Pokharna |
-
|
Locked | Locked | Locked |
Investor details for ProfitMart
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by ProfitMart
Investment portfolio details for ProfitMart
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - ProfitMart
Detailed financials for ProfitMart
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Profitmart Comparisons
Peer comparison for ProfitMart
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of ProfitMart
ProfitMart 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 Groww, Angel One, Upstox, Tiger Brokers and Interactive Brokers, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
An online platform for investments and trading services is offered.
|
|
| Locked | Locked | Locked |
App-based brokerage stock trading platform
|
|
| Locked | Locked | Locked |
Tech-driven trading platform is offered for low-cost brokerage services.
|
|
| Locked | Locked | Locked |
Online trading of stocks, securities, and options is enabled.
|
|
| Locked | Locked | Locked |
Provider of online brokerage services and trading platforms
|
|
| Locked | Locked | Locked |
Online platform for stock trading, mutual funds, and investment tools.
|
Detailed competitors of ProfitMart
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Profitmart
Complete news archive for ProfitMart
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
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.
As of Apr 03, 2024, the latest employee count at ProfitMart is 89.
Annual revenue of ProfitMart is $11.61M as on Mar 31, 2023.
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.