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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People of Vilcart
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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.
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.
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Investment management for agriculture, food, and rural ventures in India.
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High-impact investments are managed across multiple sectors by this firm.
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Investor details for Vilcart
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Investments & Acquisitions by Vilcart
Investment portfolio details for Vilcart
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Financial Statements - Vilcart
Detailed financials for Vilcart
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Vilcart Comparisons
Peer comparison for Vilcart
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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.
| Company Name | Domain | Founded year | HQ Location | Description |
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Platform offering retail store aggregating solution for grocery stores
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B2B marketplace platform connecting retailers with brands and staples producers
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Provider of B2B procurement platform for grocery retailers
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Digitized convenience store network solutions for retailers
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Provider of a cashback and rewards platform for local store purchases
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Detailed competitors of Vilcart
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Latest news on Vilcart
Complete news archive for Vilcart
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Frequently Asked Questions about Vilcart
Vilcart was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Vilcart is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Prasanna Kumar is the current CEO of Vilcart. They have also founded this company.
Vilcart is a funded company, having raised a total of $31.38M across 6 funding rounds to date.
As of Apr 09, 2024, the latest employee count at Vilcart is 886.
Annual revenue of Vilcart is $57.99M as on Mar 31, 2023.
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.
Vilcart's top competitors include Jumbotail, ShopKirana and Frendy.
Vilcart has 27 investors. Key investors include Deutsche Bank, Accel, Spark Capital, NABVENTURES, and Padmashree Diagnostics.
The valuation of Vilcart is $46.01M as of Jan 2023.