About Tradeface
Tradeface is a Retail company based in Bengaluru (India) founded in 2023. It operates a digital B2B marketplace for multi-category products. It operates on a B2B model. Its Indian entity Shipma Commerce Private Limited reported revenue of ₹57.9 Lakh. Its focus areas include E-commerce, Marketplaces, B2B Platforms and Multi-category Products. Its competitors include Moglix, IndiaMART, Udaan, Solv and ProcMart and 4 more; 7 of its 9 listed competitors have raised funding.
Company details
Tradeface, based in Bengaluru, focuses on operating online marketplaces, marketplaces, b2b platforms, and multi-category products. Operates a digital B2B marketplace for multi-category products. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Bengaluru, India
- SectorsRetail
- Email••••••••
- Website tradeface.in
- Social LinkedIn
- Legal Name Shipma Commerce Private Limited
- Date of Incorporation 05 Apr, 2023
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹57.9 Lakh
FY 2025 · +248% YoY
- Net Loss-₹90.6 Lakh
FY 2025 · -157% margin
- EBITDA-₹89.6 Lakh
FY 2025 · -155% margin
- Investors
Associated legal entities of Tradeface
Tradeface operates through Shipma Commerce Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Shipma Commerce Private Limited CIN U82990KA2023PTC171868 | Active | 05 Apr 2023 | Bangalore, Karnataka | ₹0.6 Cr | 31 | 3 | View details |
Apps and channels of Tradeface
Tradeface publishes 3 mobile apps with over 1.2K+ downloads.
Funding Insights of Tradeface
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Tradeface with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2024 | – | Seed | – | – |
1 investors in total: 1 institutional.
Investors in Tradeface
Tradeface has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Antler.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage investing and founder support services are offered globally by Antler. | 2018 | antler.co | - |
Investor details for Tradeface
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Shipma Commerce Private Limited (Tradeface)
Shipma Commerce Private Limited is the primary company behind Tradeface. The board of Shipma Commerce Private Limited currently have 3 directors; the longest-serving is Vaibhav Ramniwas Verma, appointed in 2023.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vaibhav Ramniwas Verma DIN 06862438 | Director | 05 Apr 2023 | 3 yrs 6 mo | Shipma Commerce Private Limited |
| Shivram Malakondiah Dega DIN 10100893 | Director | 05 Apr 2023 | 3 yrs 6 mo | Shipma Commerce Private Limited |
| Sebastian George Vempeny DIN 10100892 | Director | 05 Apr 2023 | 3 yrs 6 mo | Shipma Commerce Private Limited |
Financials of Tradeface
Figures of Shipma Commerce Private Limited, the primary company behind Tradeface, for FY 2025. Revenue was ₹57.9 Lakh (+248% year on year). Net loss was -₹90.6 Lakh (-157% margin). EBITDA was -₹89.6 Lakh (-155% margin).
- ₹57.9 LakhRevenue · FY 2025 · +248% YoY
- -₹90.6 LakhNet loss · -157% margin
- -₹89.6 LakhEBITDA · -155% margin
- ₹1.9 LakhPaid-up capital
- 31Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Shipma Commerce Private Limited are on its company page.
Detailed financial statements for Tradeface
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Tradeface
2 dated milestones of Tradeface across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Tradeface is founded.
- Funding First funding round.
Competitors of Tradeface
Tradeface has 9 listed competitors in our database, 7 of them funded. They include Moglix, IndiaMART, Udaan, Solv and ProcMart, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| moglix.com | 2015 | Singapore | $470.85M | 4,166 | Multi-category products are supplied via a B2B marketplace platform. | |
| indiamart.com | 1999 | Noida, India | $37.24M | 3,623 | Online B2B marketplace connecting buyers and suppliers of diverse industrial products | |
| udaan.com | 2016 | Bengaluru, India | $1.87B | 1,791 | Online marketplace offering multi-category products | |
| solvezy.com | 2019 | Bengaluru, India | $40M | 412 | A B2B e-commerce platform is operated for MSMEs in India. | |
| procmart.com | 2015 | Noida, India | $40.25M | 423 | Online platform offering procurement and supply chain solutions | |
| tradeindia.com | 1996 | Noida, India | – | 1,213 | Multi-category products are facilitated via a B2B marketplace platform. | |
| addshop.co | 2013 | Rajkot, India | – | 147 | Multi-category products are distributed online through a mobile app. | |
| wcubeindia.com | 2019 | Gurugram, India | $856,800 | 55 | B2B procurement marketplace is operated for mid-sized enterprises. | |
| anar.biz | 2019 | Mumbai, India | $6.46M | 15 | Provider of B2B marketplace platform offering products |
Detailed competitors of Tradeface
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Tradeface
The website of Tradeface (tradeface.in) receives about 1.2K visits a month.
- Monthly visits1.2K
▲ 46% vs previous month
Top companies in B2B Marketplaces & Wholesale
10 companies that operate in the same segment as Tradeface (B2B Marketplaces & Wholesale), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online B2B marketplace connecting buyers and suppliers of diverse industrial products | 1999 | Noida, Uttar Pradesh, India | USD 37.24 M | USD 167.23 M | 6,100 | |
Multi-category products are supplied via a B2B marketplace platform. | 2015 | Singapore, Singapore | USD 470.85 M | USD 642.28 M | 1,331 | |
Multi-category products are facilitated through an online B2B cross-border marketplace. | 1999 | New York, New York, United States | – | USD 144.12 B | 124,320 | |
Online catering marketplace for enterprises | 2007 | Boston, Massachusetts, United States | USD 438.62 M | – | 856 | |
Platform for on-demand distributed manufacturing and prototyping is provided. | 2013 | Gaithersburg, Maryland, United States | USD 203.44 M | USD 686.63 M | 1,090 | |
Digital procurement and supply solutions for construction materials are facilitated. | 2016 | Thane, Maharashtra, India | USD 763.1 M | USD 1.43 B | 1,710 | |
SaaS-based collaborative commerce solutions are provided for brands and retailers. | 2000 | New York, New York, United States | USD 365 M | USD 240.52 M | 1,370 | |
Online application marketplace | 2009 | San Francisco, California, United States | USD 437.8 M | USD 7.59 M | 183 | |
Cross-border B2B wholesale marketplace is operated for small-scale sellers. | 2004 | Beijing, China | USD 45.52 M | – | – | |
AI platform for retail ecommerce management and optimization is provided. | 2012 | Mountain View, California, United States | USD 195.5 M | USD 11.75 M | 256 |
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Frequently Asked Questions about Tradeface
Tradeface was founded in 2023 and raised its 1st funding round 1 year after it was founded.
Tradeface is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
The primary company behind Tradeface, Shipma Commerce Private Limited, reported revenue of ₹57.9 Lakh for FY 2025, up 248% year on year.
Tradeface, based in Bengaluru, focuses on operating online marketplaces, marketplaces, b2b platforms, and multi-category products. Operates a digital B2B marketplace for multi-category products. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
Tradeface has 1 investor. Key investors include Antler.
Tradeface operates through Shipma Commerce Private Limited.
The legal entities of Tradeface currently have 3 directors, including Vaibhav Ramniwas Verma, Shivram Malakondiah Dega, Sebastian George Vempeny.
Yes. Tradeface publishes Tradeface Seller and 2 more apps, with over 1,200 downloads.