Vendaxo

Ahmedabad, India Founded: 2016 • Age: 10 yrs Acquired By Moglix
Used industrial equipment and machinery are traded online via Vendaxo.
Annual revenue $227 Latest available
Total funding - 1 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products - Services tracked
Competitors 8 Brand Intelligence

About Vendaxo

Vendaxo is a company based in Ahmedabad (India) founded in 2016 was acquired by Moglix in July 2021. Vendaxo operates in a competitive market with competitors including Autocracy Machinery, Valuejunction, Tradus, iQuippo and 36Spares, among others.

  • Headquarter Ahmedabad, India
  • Sectors
    Real Estate & Construction
    Industrial Goods & Manufacturing Retail
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Vendaxo Private Limited
  • Date of Incorporation 22 Sep, 2016
  • Jurisdiction Ahmedabad, Gujarat, India
Operational Areas
Real Estate & Construction → Property Technology (PropTech) Unlock Sub-Sector Unlock Segment
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems Unlock Sub-Sector Unlock Segment
Retail → E-Commerce Platforms & Marketplaces Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $226.61 (USD)
    -99.45
    as on Mar 31, 2023
  • Net Profit
    $194.66 (USD)
    -98.42
    as on Mar 31, 2023
  • EBITDA
    -$31.95 (USD)
    -100.14
    as on Mar 31, 2023
  • Latest Funding Round
    Not available
  • Investors
    Moglix

    & 1 more

  • Employee Count
    Not available
  • Acquired by
    Moglix

    (Jul 07, 2021)

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Funding Insights of Vendaxo

Investors in Vendaxo

Vendaxo has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Moglix and empoWer.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Startup accelerator
Locked Locked Locked
Multi-category products are supplied via a B2B marketplace platform.
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Investor details for Vendaxo

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Investments & Acquisitions by Vendaxo

Investments
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Investment portfolio details for Vendaxo

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Financial Statements - Vendaxo

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Detailed financials for Vendaxo

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Vendaxo Comparisons

Vendaxo Primary company
Description
Used industrial equipment and machinery are traded online vi...
Location
Ahmedabad, India
Founded Year
2016
Annual Revenue
$226.61 (USD)
Net Profit
$194.66 (USD)
EBITDA
-$31.95 (USD)
Employees
Not available
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Peer comparison for Vendaxo

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Competitors of Vendaxo

Vendaxo 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 Autocracy Machinery, Valuejunction, Tradus, iQuippo and 36Spares, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Specialty machinery for construction, agriculture, and infrastructure is manufactured.
Locked Locked Locked
Operates a B2B auction platform for industrial and stressed assets.
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Used commercial vehicles and heavy machinery are traded online.
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Operates a digital marketplace for the sale and leasing of heavy equipment.
Locked Locked Locked
An online marketplace for buying and selling construction equipment.
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Detailed competitors of Vendaxo

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Latest news on Vendaxo

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Complete news archive for Vendaxo

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Frequently Asked Questions about Vendaxo

Vendaxo was founded in 2016 and raised its 1st funding round 3 years after it was founded.

Vendaxo is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.

Annual revenue of Vendaxo is $226.61 as on Mar 31, 2023.

Vendaxo was established in 2016 in Ahmedabad, India, as an online marketplace focused on the industrial sector. Used equipment and machinery are facilitated for buying, selling, renting, and leasing through the platform. Operations center on connecting buyers and sellers in the used industrial goods market. The service had not launched as of November 2016.

Vendaxo's top competitors include Autocracy Machinery, iQuippo and Ironlist.

Vendaxo has 2 investors. Key investors include Moglix, and empoWer.

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