About UdyamWell
UdyamWell is a Retail company based in Mandi (India) founded in 2023 by Sachin Korla. Products of rural entrepreneurs are sold via an online platform. Its Indian entity Udyamwell Private Limited reported revenue of ₹1.1 Lakh. Its focus areas include B2B E-Commerce, Horizontal, Marketplace and Rural Commerce. Its competitors include ShopKirana, Vilcart and XPAND; 3 of its 3 listed competitors have raised funding.
Company details
UdyamWell was founded in 2023 in Mandi, India, within the e-commerce and education sector. An online platform is operated to connect rural entrepreneurs and enterprises with broader markets, resources, and operational tools for product sales. Training programs are delivered on entrepreneurship, financial literacy, and market skills to support skill development among users in rural areas.
- Headquarters Mandi, India
- Founders Sachin Korla
- SectorsRetail
- Website udyamwell.com
- Social LinkedIn X
- Legal Name Udyamwell Private Limited
- Date of Incorporation 06 Jun, 2023
- Jurisdiction Palampur, Himachal Pradesh, India
- Annual Revenue₹1.1 Lakh
FY 2024
- Net Loss-₹4.5 Lakh
FY 2024 · -417% margin
- EBITDA-₹4.5 Lakh
FY 2024 · -417% margin
Associated legal entities of UdyamWell
UdyamWell operates through Udyamwell 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 |
|---|---|---|---|---|---|---|---|
| Udyamwell Private Limited CIN U82990HP2023PTC010161 | Active | 06 Jun 2023 | Palampur, Himachal Pradesh | ₹0.0 Cr | 2 | View details |
Board of directors of Udyamwell Private Limited (UdyamWell)
Udyamwell Private Limited is the primary company behind UdyamWell. The board of Udyamwell Private Limited currently have 2 directors; the longest-serving is Nitish Kumar, appointed in 2023. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nitish Kumar DIN 10193843 | Director | 06 Jun 2023 | 3 yrs 5 mo | Udyamwell Private Limited |
| Sachin Korla DIN 10193844 | Director | 06 Jun 2023 | 3 yrs 5 mo | Udyamwell Private Limited |
People of UdyamWell
1 people are tracked at UdyamWell (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder | Leadership |
Complete people profiles for UdyamWell
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Verified entity values are shown only after access is granted.
Financials of UdyamWell
Figures of Udyamwell Private Limited, the primary company behind UdyamWell, for FY 2024. Revenue was ₹1.1 Lakh. Net loss was -₹4.5 Lakh (-417% margin). EBITDA was -₹4.5 Lakh (-417% margin).
- ₹1.1 LakhRevenue · FY 2024
- -₹4.5 LakhNet loss · -417% margin
- -₹4.5 LakhEBITDA · -417% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Udyamwell Private Limited are on its company page.
Detailed financial statements for UdyamWell
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Five-year trends
- Downloads
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Competitors of UdyamWell
UdyamWell has 3 listed competitors in our database, 3 of them funded. They include ShopKirana, Vilcart and XPAND.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| shopkirana.com | 2015 | Indore, India | $59.21M | 277 | Provider of B2B procurement platform for grocery retailers | |
| vilcart.in | 2018 | Bengaluru, India | $31.38M | 1,214 | Tech-enabled logistics solutions are provided for rural retailers in India. | |
| xpand.co.in | 2021 | Noida, India | $1.5M | 65 | Online B2B rural aggregator platform connecting brands with kirana stores |
Detailed competitors of UdyamWell
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- Full competitor set
- Operating metrics
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Top companies in Rural Ecommerce
3 companies that operate in the same segment as UdyamWell (Rural Ecommerce) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Rural B2B e-commerce and logistics platform is operated. | 2014 | Pune, Maharashtra, India | USD 461.5 M | USD 583.27 M | 1,557 | |
Provider of fintech and agritech company to connect rural communities with urban businesses | 2012 | Hyderabad, Telangana, India | USD 19.86 M | USD 126.44 M | 24 | |
Provider of B2B procurement platform for grocery retailers | 2015 | Indore, Madhya Pradesh, India | USD 59.21 M | USD 54.87 M | 743 |
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Frequently Asked Questions about UdyamWell
UdyamWell was founded in 2023.
UdyamWell is headquartered in Mandi, India. It is registered at Mandi, Himachal Pradesh, India.
The primary company behind UdyamWell, Udyamwell Private Limited, reported revenue of ₹1.1 Lakh for FY 2024.
UdyamWell was founded in 2023 in Mandi, India, within the e-commerce and education sector. An online platform is operated to connect rural entrepreneurs and enterprises with broader markets, resources, and operational tools for product sales. Training programs are delivered on entrepreneurship, financial literacy, and market skills to support skill development among users in rural areas.
UdyamWell's top competitors include ShopKirana, Vilcart and XPAND.
UdyamWell operates through Udyamwell Private Limited.
The legal entities of UdyamWell currently have 2 directors, including Nitish Kumar, Sachin Korla.