About Vilcart
Vilcart is a company based in Bengaluru (India) founded in 2018 by Amith S Mali and Prasanna Kumar.. Vilcart has raised $31.38 million across 6 funding rounds from investors including Deutsche Bank, Accel and Spark Capital. The company has 886 employees as of April 09, 2024. Vilcart operates in a competitive market with competitors including 1K, Jumbotail, ShopKirana, Frendy and ShopX, among others.
- Headquarter Bengaluru, India
- Employees 886 as on 09 Apr, 2024
- Founders Amith S Mali, Prasanna Kumar
- Stage Minicorn
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Vilcart Solutions Private Limited
- Date of Incorporation 25 May, 2018
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
$57.99 M (USD)129.95as on Mar 31, 2023
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Net Profit
$-3.62 M (USD)-170.3as on Mar 31, 2023
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EBITDA
$-3.39 M (USD)-163.3as on Mar 31, 2023
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Total Equity Funding
$31.38 M (USD)
in 6 rounds
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Latest Funding Round
$10 M (USD), Series A
Feb 07, 2025
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Investors
Deutsche Bank
& 26 more
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Employee Count
886
as on Apr 09, 2024
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Funding Insights of Vilcart
Vilcart has successfully raised a total of $31.38M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $10 million completed in February 2025. 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 Total Funding
- Total Rounds 6
- Last Round Series A — $10.0M
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First Round
First Round
(04 May 2019)
- Investors Count 27
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2025 | Amount | Series A - Vilcart | Valuation | AI X B V | |
| Jan, 2023 | Amount | Series A - Vilcart | Valuation | Asia Impact Invest , Impact Asia | |
| Nov, 2021 | Amount | Seed - Vilcart | Valuation | NABVENTURES |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Vilcart
Vilcart has secured backing from 27 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Deutsche Bank, Accel and Spark Capital. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investment management for agriculture, food, and rural ventures in India.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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High-impact investments are managed across multiple sectors by this firm.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Vilcart
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Vilcart
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Vilcart Comparisons
Competitors of Vilcart
Vilcart 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 1K, Jumbotail, ShopKirana, Frendy and ShopX, 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 |
Platform offering retail store aggregating solution for grocery stores
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| domain | founded_year | HQ Location |
B2B marketplace platform connecting retailers with brands and staples producers
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| domain | founded_year | HQ Location |
Provider of B2B procurement platform for grocery retailers
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| domain | founded_year | HQ Location |
Digitized convenience store network solutions for retailers
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| domain | founded_year | HQ Location |
Provider of a cashback and rewards platform for local store purchases
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Vilcart
Frequently Asked Questions about Vilcart
When was Vilcart founded?
Vilcart was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Where is Vilcart located?
Vilcart is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Vilcart?
Prasanna Kumar is the current CEO of Vilcart. They have also founded this company.
Is Vilcart a funded company?
Vilcart is a funded company, having raised a total of $31.38M across 6 funding rounds to date. The company's 1st funding round was a Seed of $2.4M, raised on May 04, 2019.
How many employees does Vilcart have?
As of Apr 09, 2024, the latest employee count at Vilcart is 886.
What is the annual revenue of Vilcart?
Annual revenue of Vilcart is $57.99M as on Mar 31, 2023.
What does Vilcart do?
Vilcart was founded in 2018 and is headquartered in Bengaluru, India. Tech-based logistics assistance is offered to support rural retailers through rural-to-rural supply chain solutions. These services connect farmer producer organisations, brands, rural SMEs, and manufacturers to kirana stores. Additional support includes sourcing, logistics, marketing, branding, and business development, focusing on the rural retail sector.
Who are the top competitors of Vilcart?
Vilcart's top competitors include Jumbotail, ShopKirana and Frendy.
Who are Vilcart's investors?
Vilcart has 27 investors. Key investors include Deutsche Bank, Accel, Spark Capital, NABVENTURES, and Padmashree Diagnostics.
What is Vilcart's valuation?
The valuation of Vilcart is $46.01M as of Jan 2023.
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