About The Masala Market
The Masala Market was a Retail company based in Bhubaneswar (India) founded in 2019. It operates an online B2B marketplace specializing in a wide range of spices for wholesale buyers. It operates on a B2B model. Its Indian entity Relentless Foods Private Limited reported revenue of ₹1.62 Cr. The company is recorded as dissolved. Its focus areas include E-commerce, Food and Beverages and Spices Marketplace. Similar companies include HyperPure, Jumbotail and Apnaklub; 3 of its 3 listed similar companies have raised funding.
Company details
The Masala Market operates with a B2B model, focusing on engaging in retail operations, operating online marketplaces, producing food and beverage products, and spices marketplace. Operates an online B2B marketplace specializing in a wide range of spices for wholesale buyers. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
- Headquarters Bhubaneswar, India
- SectorsRetail
- Website themasala.market
- Social X
- Legal Name Relentless Foods Private Limited
- Date of Incorporation 14 Aug, 2018
- Jurisdiction Bhubaneswar, Odisha, India
- Annual Revenue₹1.62 Cr
FY 2024 · +71% YoY
- Net Profit₹74,961
FY 2024 · 0% margin
- EBITDA₹1 Lakh
FY 2024 · 1% margin
Associated legal entities of The Masala Market
The Masala Market operates through Relentless Foods Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Relentless Foods Private Limited CIN U55209OR2018PTC029307 | Active | 14 Aug 2018 | Bhubaneswar, Odisha | ₹1.6 Cr | 4 | View details |
Board of directors of Relentless Foods Private Limited (The Masala Market)
Relentless Foods Private Limited is the primary company behind The Masala Market. The board of Relentless Foods Private Limited currently have 4 directors; the longest-serving is Basanti Satapathy, appointed in 2018. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Basanti Satapathy DIN 07078097 | Director | 14 Aug 2018 | 8 yrs 3 mo | Relentless Foods Private Limited |
| Tapan Choudhury DIN 08286078 | Additional Director | 01 Dec 2018 | 7 yrs 11 mo | Relentless Foods Private Limited |
| Vaibhav Velumuri DIN 06723481 | Director | 05 Jul 2020 | 6 yrs 4 mo | Relentless Foods Private Limited |
| Kajal Satapathy DIN 03358942 | Additional Director | 29 Nov 2021 | 4 yrs 11 mo | Relentless Foods Private Limited |
Financials of The Masala Market
Figures of Relentless Foods Private Limited, the primary company behind The Masala Market, for FY 2024. Revenue was ₹1.62 Cr (+71% year on year). Net profit was ₹74,961 (0% margin). EBITDA was ₹1 Lakh (1% margin). Revenue has grown at a compounded annual rate of +341% over three years and +64% over five years.
- ₹1.62 CrRevenue · FY 2024 · +71% YoY
- ₹74,961Net profit · 0% margin
- ₹1 LakhEBITDA · 1% margin
- ₹10 LakhPaid-up capital
- +341%Revenue CAGR, 3 years
- +64%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Relentless Foods Private Limited are on its company page.
Detailed financial statements for The Masala Market
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Similar companies to The Masala Market
The Masala Market 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 The Masala Market
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Top companies in Marketplaces & General E-Commerce
2 companies that operate in the same segment as The Masala Market (Marketplaces & General E-Commerce) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Multi-category consumer products are offered via an online marketplace platform. | 2007 | Bengaluru, Karnataka, India | USD 12.12 B | USD 9.83 B | 18,938 | |
Fashion and lifestyle products are offered via an online marketplace. | 2007 | Bengaluru, Karnataka, India | USD 123.71 M | USD 639.15 M | 1,031 |
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Frequently Asked Questions about The Masala Market
The Masala Market was founded in 2019.
The Masala Market is headquartered in Bhubaneswar, India. It is registered at Bhubaneswar, Odisha, India.
The primary company behind The Masala Market, Relentless Foods Private Limited, reported revenue of ₹1.62 Cr for FY 2024, up 71% year on year.
The Masala Market operates with a B2B model, focusing on engaging in retail operations, operating online marketplaces, producing food and beverage products, and spices marketplace. Operates an online B2B marketplace specializing in a wide range of spices for wholesale buyers. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
The Masala Market operates through Relentless Foods Private Limited.
The legal entities of The Masala Market currently have 4 directors, including Kajal Satapathy, Basanti Satapathy, Tapan Choudhury and others.