About Vendosmart
Vendosmart is an Industrial Goods & Manufacturing company based in Bengaluru (India) founded in 2019 by Girish Kadli and Vishal Patil. End-to-end manufacturing projects are managed from design to delivery. Vendosmart has raised $143.5 thousand across 2 funding rounds from investors including Upekkha. Vendosmart was last valued at $1.51 million in September 2022. Its Indian entity Vendosmart Technologies Private Limited reported revenue of ₹90.4 Lakh. Vendosmart offers products and services including Manufacturing Platform, Vendor Network, and Quality Control Tools. Its focus areas include Enterprise Applications, Manufacturing Tech, Contract Manufacturer Marketplace and Industrial Goods and Manufacturing. Its competitors include Zetwerk, Bijnis and ZYOD; 3 of its 3 listed competitors have raised funding.
Company details
Vendosmart was founded in 2019 in Bengaluru, India, as a provider of manufacturing project management services. Clients are connected with verified manufacturers, and all project stages from design to delivery are overseen. Services encompass quality control, real-time progress tracking via live dashboards, and detailed reporting. Standardized processes and multi-stage inspections ensure quality across various industries, with operations focused on streamlining communication and timelines.
- Headquarters Bengaluru, India
- Founders Girish Kadli, Vishal Patil
- Stage Minicorn
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Phone•••• ••••
- Website vendosmart.com
- Social LinkedIn
- Legal Name Vendosmart Technologies Private Limited
- Date of Incorporation 24 May, 2019
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹90.4 Lakh
FY 2024 · +93% YoY
- Net Loss-₹43.2 Lakh
FY 2024 · -48% margin
- EBITDA-₹43 Lakh
FY 2024 · -48% margin
- Total Equity Funding$143.5K (USD)
in 2 rounds
- Latest Funding Round$100K (USD), Seed
Jun 2023
- Investors
Associated legal entities of Vendosmart
Vendosmart operates through Vendosmart Technologies 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 |
|---|---|---|---|---|---|---|---|
| Vendosmart Technologies Private Limited CIN U72900KA2019PTC124614 | Active | 24 May 2019 | Bangalore, Karnataka | ₹0.9 Cr | 1 | 2 | View details |
Products & Services of Vendosmart
Vendosmart offers a comprehensive portfolio of products and services, including Manufacturing Platform, Vendor Network, and Quality Control Tools.
Platform for uploading CAD files and managing production processes.
Network of verified manufacturers for scalable production needs.
Tools for real-time quality inspections and documentation.
Funding Insights of Vendosmart
Vendosmart has successfully raised a total of $143.5K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $100 thousand completed in June 2023. 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.
- Total Funding $143,500
- Total Rounds 2
- Last Round Seed — $100,000
- First Round $43,500
(Sep 2022)
- Investors Count 1
All 2 funding rounds of Vendosmart 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 |
|---|---|---|---|---|---|
| Jun 2023 | $100,000 | Seed | – | – | |
| Sep 2022 | $43,500 | Seed | $1.51M | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Sep 2022 | $1.51M | •••••••• |
Last known valuation $1.51M (Sep 2022). 1 investors in total: 1 institutional.
Investors in Vendosmart
Vendosmart has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Upekkha.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
AI startup acceleration and networking services are offered globally. | 2017 | upekkha.io | Bengaluru, India |
Investor details for Vendosmart
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 Vendosmart Technologies Private Limited (Vendosmart)
Vendosmart Technologies Private Limited is the primary company behind Vendosmart. The board of Vendosmart Technologies Private Limited currently have 2 directors; the longest-serving is Vishal Patil, appointed in 2019. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vishal Patil DIN 08462404 | Director | 24 May 2019 | 7 yrs 5 mo | Vendosmart Technologies Private Limited |
| Girish Shivasharanappa Kadli DIN 09213170 | Director | 05 Jul 2021 | 5 yrs 4 mo | Vendosmart Technologies Private Limited |
People of Vendosmart
2 people are tracked at Vendosmart (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Founder | Leadership |
Complete people profiles for Vendosmart
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Vendosmart
Figures of Vendosmart Technologies Private Limited, the primary company behind Vendosmart, for FY 2024. Revenue was ₹90.4 Lakh (+93% year on year). Net loss was -₹43.2 Lakh (-48% margin). EBITDA was -₹43 Lakh (-48% margin). Revenue has grown at a compounded annual rate of +132% over three years.
- ₹90.4 LakhRevenue · FY 2024 · +93% YoY
- -₹43.2 LakhNet loss · -48% margin
- -₹43 LakhEBITDA · -48% margin
- ₹16.8 LakhPaid-up capital
- 1Employees (provident fund records)
- +132%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Vendosmart Technologies Private Limited are on its company page.
Detailed financial statements for Vendosmart
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 Vendosmart
4 dated milestones of Vendosmart across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Vendosmart is founded.
- Funding First funding round of $44K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $100K.
Competitors of Vendosmart
Vendosmart has 3 listed competitors in our database, 3 of them funded. They include Zetwerk, Bijnis and ZYOD.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| zetwerk.com | 2018 | Bengaluru, India | $1.12B | 915 | Manufacturing solutions are provided for industrial and consumer sectors. | |
| bijnis.com | 2015 | Delhi, India | $43.51M | 421 | Online platform offering B2B sourcing and trading solutions | |
| zyod.com | 2023 | Gurugram, India | $21.5M | 104 | End-to-end fashion manufacturing support is provided through digital tools. |
Detailed competitors of Vendosmart
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- Full competitor set
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- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
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Frequently Asked Questions about Vendosmart
Vendosmart was founded in 2019 and raised its 1st funding round 3 years after it was founded.
Vendosmart is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Vendosmart is a funded company, having raised a total of $143.5K across 2 funding rounds to date. The company's 1st funding round was a Seed of $43.5K, raised on Sep 2022.
The primary company behind Vendosmart, Vendosmart Technologies Private Limited, reported revenue of ₹90.4 Lakh for FY 2024, up 93% year on year.
Vendosmart was founded in 2019 in Bengaluru, India, as a provider of manufacturing project management services. Clients are connected with verified manufacturers, and all project stages from design to delivery are overseen. Services encompass quality control, real-time progress tracking via live dashboards, and detailed reporting. Standardized processes and multi-stage inspections ensure quality across various industries, with operations focused on streamlining communication and timelines.
Vendosmart offers Manufacturing Platform, Vendor Network, and Quality Control Tools.
Vendosmart has 1 investor. Key investors include Upekkha.
The valuation of Vendosmart is $1.51M as of Sep 2022.
Vendosmart operates through Vendosmart Technologies Private Limited.
The legal entities of Vendosmart currently have 2 directors, including Vishal Patil, Girish Shivasharanappa Kadli.