About ToolKart
ToolKart is a company based in Bengaluru (India) founded in 2019 by Ravishankar Seshagirirao and Vijay Shankar. ToolKart has raised $87.66 thousand across 3 funding rounds from investors including Startup Karnataka, Preetham Arayanveetil Patterkandy and Vineeth Yelandur Subramanyam. ToolKart offers products and services including Cutting Tools, Inserts, End Mills, Reamers, and Drills. ToolKart operates in a competitive market with competitors including NowPurchase, ToolsVilla, Bulk MRO, Aksum Trademart and Mogli Labs, among others.
- Headquarter Bengaluru, India
- Founders Ravishankar Seshagirirao, Vijay Shankar
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Sectors
Industrial Goods & ManufacturingRetail
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Email
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Phone
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Website
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Social
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- Legal Name Toolkart Precision Tools Private Limited
- Date of Incorporation 01 Mar, 2019
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$87.66 K (USD)
in 3 rounds
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Latest Funding Round
$74.25 K (USD), Angel Round
May 06, 2021
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Investors
Startup Karnataka
& 3 more
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Employee Count
Not available
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Products & Services of ToolKart
ToolKart offers a comprehensive portfolio of products and services, including Cutting Tools, Inserts, End Mills, Reamers, and Drills.
Tools for metal cutting and shaping in manufacturing processes
Replaceable parts for enhancing cutting tool performance
Specialized tools for milling operations in metalwork
Tools for precision finishing of holes in materials
Tools for creating holes in metal and other materials
Funding Insights of ToolKart
ToolKart has successfully raised a total of $87.66K across 3 strategic funding rounds. The most recent funding activity was a Angel Round of $74.25 thousand completed in May 2021. 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 ToolKart
ToolKart has secured backing from 4 investors, including angel and institutional investors. Prominent investors backing the company include Startup Karnataka, Preetham Arayanveetil Patterkandy and Vineeth Yelandur Subramanyam.
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Preetham Arayanveetil Patterkandy |
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VY
Vineeth Yelandur Subramanyam |
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Investor details for ToolKart
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Investments & Acquisitions by ToolKart
Investment portfolio details for ToolKart
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- Transaction dates
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Financial Statements - ToolKart
Detailed financials for ToolKart
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- Profit trends
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Toolkart Comparisons
Peer comparison for ToolKart
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Competitors of ToolKart
ToolKart 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 NowPurchase, ToolsVilla, Bulk MRO, Aksum Trademart and Mogli Labs, among others.
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Tech-interfaced procurement marketplace is operated for metal manufacturers.
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Industrial equipment and supplies are offered via an online platform.
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Industrial supplies are distributed via an online B2B platform.
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Steel, polymers, chemicals, paints, and construction products are supplied.
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B2B e-commerce and supply chain management solutions are provided.
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Retailer of various steel products including mild, stainless, and structural
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Detailed competitors of ToolKart
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Latest news on Toolkart
Complete news archive for ToolKart
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Frequently Asked Questions about ToolKart
ToolKart was founded in 2019.
ToolKart is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
ToolKart is a funded company, having raised a total of $87.66K across 3 funding rounds to date.
ToolKart was established in 2019 in Bengaluru, India, as an online B2B platform focused on industrial tools. Buyers are enabled to register, browse product and service listings, place orders, track shipments, and receive deliveries. Suppliers are permitted to build profiles detailing their offerings, pricing, catalogs, and promotional materials. Operations center on facilitating transactions within the industrial sector across India.
ToolKart's top competitors include NowPurchase, JSW One MSME and Aksum Trademart.
ToolKart offers Cutting Tools, Inserts, End Mills, Reamers, and Drills.
ToolKart has 4 investors. Key investors include Startup Karnataka, Preetham Arayanveetil Patterkandy, Vineeth Yelandur Subramanyam, and Rajakumar A.
The valuation of ToolKart is $473.92K as of May 2021.