Vendaxo

Ahmedabad, India Founded: 2016 • Age: 10 yrs Acquired By Moglix
Used industrial equipment and machinery are traded online via Vendaxo.
Request Access

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
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Vendaxo Private Limited
  • Date of Incorporation 22 Sep, 2016
  • Jurisdiction Ahmedabad, Gujarat, India
Operational Areas
Real Estate & Construction → Property Technology (PropTech)
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems
Retail → E-Commerce Platforms & Marketplaces
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
  • Investors
    Moglix

    & 1 more

  • Employee Count
    Employee Count
  • Acquired by
    Moglix

    (Jul 07, 2021)

Upgrade to premium

Unlock complete access to The Company Check

Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
  • Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
  • Full access to every database India & global coverage, advanced filters and rich profile details
  • Always-on access from your team account Single premium plan for everything you see on the portal

Funding Insights of Vendaxo

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2019 Amount Grant - Vendaxo Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Startup accelerator
Founded Year Domain Location
Multi-category products are supplied via a B2B marketplace platform.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Vendaxo

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Vendaxo

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Vendaxo Comparisons

Employees
+
Add Comparison
Available on Premium

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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Specialty machinery for construction, agriculture, and infrastructure is manufactured.
domain founded_year HQ Location
Operates a B2B auction platform for industrial and stressed assets.
domain founded_year HQ Location
Used commercial vehicles and heavy machinery are traded online.
domain founded_year HQ Location
Operates a digital marketplace for the sale and leasing of heavy equipment.
domain founded_year HQ Location
An online marketplace for buying and selling construction equipment.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Vendaxo

Frequently Asked Questions about Vendaxo

When was Vendaxo founded?

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

Where is Vendaxo located?

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

What is the annual revenue of Vendaxo?

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

What does Vendaxo do?

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.

Who are the top competitors of Vendaxo?

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

Who are Vendaxo's investors?

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

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available