About RITIH SOLUTIONS
RITIH SOLUTIONS is a Retail company based in Bengaluru (India) founded in 2021. Wholesale provider of grocery products with B2B services, logistics, and distribution support. It operates on a B2B model in Retail and Agriculture sectors. The company has 1 employees. Its Indian entity Ritih Solutions Private Limited reported revenue of ₹59.95 Cr. RITIH SOLUTIONS offers products and services including GROCERIES, FASHION, ACCESSORIES, and AUTOMOBILES. Its focus areas include Consumer, Retail Tech, Apparel and Accessories and General Merchandise. Similar companies include HyperPure, Jumbotail and Apnaklub; 3 of its 3 listed similar companies have raised funding.
Company details
RITIH SOLUTIONS PRIVATE LIMITED, founded in 2021, supplies high-quality grocery products sourced from farmers to businesses across India. The company operates as a wholesale grocer, offering a variety of items including groceries, fashion, accessories, and automobiles. It provides additional services such as marketing support, logistics, and distribution to help clients grow. Based in Bengaluru, Karnataka, it focuses on meeting customer needs through reliable B2B operations.
- Headquarters Bengaluru, India
- Employees 1
- SectorsRetailAgriculture
- Email••••••••
- Phone•••• ••••
- Website ritihsolutions.com
- Social Facebook Instagram YouTube
- Legal Name Ritih Solutions Private Limited
- Date of Incorporation 21 Oct, 2021
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹59.95 Cr
FY 2023 · +1478951% YoY
- Net Loss-₹35.1 Lakh
FY 2023 · -1% margin
- EBITDA-₹22.8 Lakh
FY 2023 · 0% margin
- Employee Count1
Associated legal entities of RITIH SOLUTIONS
RITIH SOLUTIONS operates through Ritih Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ritih Solutions Private Limited CIN U15100KA2021PTC153332 | Active | 21 Oct 2021 | Bangalore, Karnataka | ₹59.9 Cr | 4 | View details |
Products & Services of RITIH SOLUTIONS
RITIH SOLUTIONS offers a comprehensive portfolio of products and services, including GROCERIES, FASHION, ACCESSORIES, and AUTOMOBILES.
High-quality items sourced from farmers for business supply chains.
Various clothing and lifestyle products for wholesale distribution.
Add-on items like jewelry to enhance user experiences.
Auto-related goods for business inventory and sales.
Apps and channels of RITIH SOLUTIONS
its YouTube channel ritih solutions has 10 subscribers and 8 videos.
Videos from RITIH SOLUTIONS
The most watched videos on RITIH SOLUTIONS's YouTube channel, ritih solutions (10 subscribers). Click a video to play it here.
More on ritih solutions.
Board of directors of Ritih Solutions Private Limited (RITIH SOLUTIONS)
Ritih Solutions Private Limited is the primary company behind RITIH SOLUTIONS. The board of Ritih Solutions Private Limited currently have 4 directors; the longest-serving is Karthik Balakrishnan, appointed in 2021. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Karthik Balakrishnan DIN 09311722 | Director | 21 Oct 2021 | 5 yrs | Ritih Solutions Private Limited |
| Rajasree Sreenath DIN 10648515 | Additional Director | 30 May 2024 | 2 yrs 4 mo | Ritih Solutions Private Limited |
| Whokoday Rajendranathrao Sony DIN 09321493 | Managing Director | 13 Jun 2024 | 2 yrs 4 mo | Ritih Solutions Private Limited |
| Raju Loganathan DIN 10804502 | Additional Director | 27 Nov 2024 | 1 yr 10 mo | Ritih Solutions Private Limited |
Financials of RITIH SOLUTIONS
Figures of Ritih Solutions Private Limited, the primary company behind RITIH SOLUTIONS, for FY 2023. Revenue was ₹59.95 Cr (+1478951% year on year). Net loss was -₹35.1 Lakh (-1% margin). EBITDA was -₹22.8 Lakh (0% margin).
- ₹59.95 CrRevenue · FY 2023 · +1478951% YoY
- -₹35.1 LakhNet loss · -1% margin
- -₹22.8 LakhEBITDA · 0% margin
- ₹10 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Ritih Solutions Private Limited are on its company page.
Detailed financial statements for RITIH SOLUTIONS
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Similar companies to RITIH SOLUTIONS
RITIH SOLUTIONS has 3 listed similar companies in our database, 3 of them funded. They include HyperPure, Jumbotail and Apnaklub.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| hyperpure.com | 2015 | Delhi, India | $1.11M | 3,302 | Food industry ingredients are supplied via a B2B platform. | |
| jumbotail.com | 2015 | Bengaluru, India | $262.79M | 437 | B2B marketplace platform connecting retailers with brands and staples producers | |
| apnaklub.com | 2019 | Bengaluru, India | $32.59M | 388 | Local wholesale businesses are facilitated via an e-distribution platform. |
Detailed similar companies of RITIH SOLUTIONS
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Top companies in Fashion & Lifestyle E-Commerce
3 companies that operate in the same segment as RITIH SOLUTIONS (Fashion & Lifestyle E-Commerce) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Eyewear is offered online for men, women, and kids. | 2010 | Gurugram, Haryana, India | USD 1.04 B | USD 939.4 M | 18,984 | |
Fashion and lifestyle products are offered via an online marketplace. | 2007 | Bengaluru, Karnataka, India | USD 123.71 M | USD 542.17 M | 1,108 | |
Gold and silver jewellery, lab-grown diamonds, and accessories are retailed. | 2019 | Bengaluru, Karnataka, India | USD 142.34 M | USD 32.66 M | 711 |
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Frequently Asked Questions about RITIH SOLUTIONS
RITIH SOLUTIONS was founded in 2021.
RITIH SOLUTIONS is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
RITIH SOLUTIONS has 1 employees.
The primary company behind RITIH SOLUTIONS, Ritih Solutions Private Limited, reported revenue of ₹59.95 Cr for FY 2023, up 1478951% year on year.
RITIH SOLUTIONS PRIVATE LIMITED, founded in 2021, supplies high-quality grocery products sourced from farmers to businesses across India. The company operates as a wholesale grocer, offering a variety of items including groceries, fashion, accessories, and automobiles. It provides additional services such as marketing support, logistics, and distribution to help clients grow. Based in Bengaluru, Karnataka, it focuses on meeting customer needs through reliable B2B operations.
RITIH SOLUTIONS offers GROCERIES, FASHION, ACCESSORIES, and AUTOMOBILES.
RITIH SOLUTIONS operates through Ritih Solutions Private Limited.
The legal entities of RITIH SOLUTIONS currently have 4 directors, including Karthik Balakrishnan, Whokoday Rajendranathrao Sony, Rajasree Sreenath and others.