ShakeDeal

Bengaluru, India Founded: 2015 • Age: 11 yrs Acquired By Vora Ventures
Industrial goods are distributed via an online B2B marketplace.
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About ShakeDeal

ShakeDeal is a Retail company based in Bengaluru (India) founded in 2015 by Santhosh Reddy, Akshay Hegde, and Akash Hegde, and was acquired by Vora Ventures in June 2018. Industrial goods are distributed via an online B2B marketplace. The company has 131 employees. Its chief executive, as recorded, is Kris Nair. Its focus areas include B2B E-Commerce, Horizontal and Marketplace. Its legal entity in India is Shake Online Services Private Limited (U74900KA2016PTC085784). Its competitors include IndiaMART, Udaan and Solv; 3 of its 3 listed competitors have raised funding.

Company details

Founded in 2015 and based in Bengaluru, India, ShakeDeal operates as a B2B platform for procurement and distribution of industrial goods, including power tools, medical supplies, safety equipment, pumps, motors, electrical items, and agricultural products. Inventory management, order fulfillment, and proprietary software for negotiations and aggregate buying are provided to support operations in the industrial sector.

Operational Areas
Retail → B2B Marketplaces & Wholesale
Key Metrics
  • Net Loss
    -₹36,864

    FY 2020 · 0% margin

  • EBITDA
    -₹11,864

    FY 2020 · 0% margin

  • Investors
    Vora Ventures
  • Employee Count
    131
  • Acquired by
    Vora Ventures

    (Jun 2018)

Investors in ShakeDeal

ShakeDeal has secured backing from 1 investor. Prominent investors backing the company include Vora Ventures.

All
InvestorDescriptionFounded YearDomainLocation
Vora Ventures
Building and scaling tech innovations in healthcare, AI, and enterprise tech with capital and support.
2006voraventures.comBlue Ash, United States
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Investor details for ShakeDeal

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Board of directors of Shake Online Services Private Limited (ShakeDeal)

Shake Online Services Private Limited is the primary company behind ShakeDeal. The boards of the 3 registered companies of ShakeDeal currently have 9 directors; the longest-serving is Champaklal Babaldas Vora, appointed in 2007. 8 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Champaklal Babaldas Vora
DIN 00337829
Director22 Aug 200719 yrs 2 moVora Tech-Venture Private Limited
Santhosh Kumar Munireddy
DIN 07362965
Director03 Feb 201610 yrs 9 moShake Online Services Private Limited
Kamlesh Vaghjibhai Vora
DIN 00337872
Director12 Mar 20188 yrs 7 moOpcommerce Online Private Limited
Viral Champaklal Vora
DIN 01443518
Director12 Mar 20188 yrs 7 moOpcommerce Online Private Limited, Vora Tech-Venture Private Limited
Akshay Achut Hegde
DIN 07362958
Director20 Mar 20188 yrs 7 moOpcommerce Online Private Limited, Shake Online Services Private Limited
Akash Achut Hegde
DIN 07443560
Director20 Mar 20188 yrs 7 moOpcommerce Online Private Limited, Shake Online Services Private Limited
Mahendra Babaldas Vora
DIN 00934692
Director20 Mar 20188 yrs 7 moOpcommerce Online Private Limited, Vora Tech-Venture Private Limited
Velayudhan Krishnan Nair
DIN 00820018
Director20 Mar 20188 yrs 7 moOpcommerce Online Private Limited, Vora Tech-Venture Private Limited
Ravi Bhamidipaty
DIN 00160891
Director18 Sep 20242 yrs 1 moOpcommerce Online Private Limited

People of ShakeDeal

4 people are tracked at ShakeDeal (4 in leadership); the tracked headcount is 131.

NameRoleGroup
Santhosh Reddy
Co-Founder & Managing DirectorLeadership
Akshay Hegde
Co-Founder & Managing DirectorLeadership
Akash Hegde
Co-Founder & Managing DirectorLeadership
Kris Nair
CEO & PresidentLeadership
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Complete people profiles for ShakeDeal

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Financials of ShakeDeal

Figures of Shake Online Services Private Limited, the primary company behind ShakeDeal, for FY 2020. Net loss was -₹36,864 (0% margin). EBITDA was -₹11,864 (0% margin). Revenue has grown at a compounded annual rate of -100% over three years.

  • -₹36,864Net loss · 0% margin
  • -₹11,864EBITDA · 0% margin
  • ₹1 LakhPaid-up capital
  • -100%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Shake Online Services Private Limited are on its company page.

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Detailed financial statements for ShakeDeal

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Timeline of ShakeDeal

2 dated milestones of ShakeDeal across 3 years, from founding to its latest funding, stage changes and deals.

  1. Founded ShakeDeal is founded.
  2. Exit Acquired by Vora Ventures.

Competitors of ShakeDeal

ShakeDeal has 3 listed competitors in our database, 3 of them funded. They include IndiaMART, Udaan and Solv.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
IndiaMART
indiamart.com1999Noida, India$37.24M3,623
Online B2B marketplace connecting buyers and suppliers of diverse industrial products
Udaan
udaan.com2016Bengaluru, India$2.7B1,791
Online marketplace offering multi-category products
Solv
solvezy.com2019Bengaluru, India$40M412
A B2B e-commerce platform is operated for MSMEs in India.
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Detailed competitors of ShakeDeal

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Web traffic of ShakeDeal

The website of ShakeDeal (shakedeal.com) receives about 3.4K visits a month.

  • Monthly visits
    3.4K

    ▼ 49.9% vs previous month

Similar websites

Websites whose visitors overlap most with ShakeDeal. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
Penhouse
penhouse.in
100%
#556,636View details
ShaanStationery
shaanstationery.com
95%
#1,046,028View details
StationeryBazaar
stationerybazaar.com
87%
#783,261View details
Branded Corporate Gift
brandedcorporategift.com
87%
18.9K#1,157,051View details
Sellercircle
sellercircle.co.uk
87%
#994,979View details
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
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All 30 similar websites and full traffic analytics for ShakeDeal

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Top companies in B2B Marketplaces & Wholesale

2 companies that operate in the same segment as ShakeDeal (B2B Marketplaces & Wholesale) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
IndiaMART
Online B2B marketplace connecting buyers and suppliers of diverse industrial products
1999Noida, Uttar Pradesh, IndiaUSD 38.2 MUSD 167.23 M6,222
Infra.Market
Digital procurement and supply solutions for construction materials are facilitated.
2016Thane, Maharashtra, IndiaUSD 783.57 MUSD 1.43 B2,645
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Related news about Shakedeal

Shakedeal aims to grow at 300 per cent this fiscal
Newindianexpress • 6 years ago
B2B e-com player ShakeDeal launches its design and packaging vertical
Indiatimes • 6 years ago
Rajasthan Venture Capital Fund backs B2B e-commerce firm Wholesalebox
VCCircle • 8 years ago
Vora Ventures Acquires ShakeDeal, India’s leading B2B Online Marketplace
PRWeb • 8 years ago
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Frequently Asked Questions about ShakeDeal

ShakeDeal was founded in 2015.

ShakeDeal is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Kris Nair is the CEO of ShakeDeal, as recorded in our data.

ShakeDeal has 131 employees.

Annual revenue of ShakeDeal is $23.43K as on Mar 31, 2019.

Founded in 2015 and based in Bengaluru, India, ShakeDeal operates as a B2B platform for procurement and distribution of industrial goods, including power tools, medical supplies, safety equipment, pumps, motors, electrical items, and agricultural products. Inventory management, order fulfillment, and proprietary software for negotiations and aggregate buying are provided to support operations in the industrial sector.

ShakeDeal's top competitors include IndiaMART, Udaan and Solv.

ShakeDeal has 1 investor. Key investors include Vora Ventures.

ShakeDeal is associated with 3 legal entities: Shake Online Services Private Limited, Opcommerce Online Private Limited, Vora Tech-Venture Private Limited.

Yes. ShakeDeal was acquired by Vora Ventures in June 2018.

The legal entities of ShakeDeal currently have 9 directors, including Kamlesh Vaghjibhai Vora, Ravi Bhamidipaty, Akshay Achut Hegde and others.

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