About WCube
WCube is a company based in Gurugram (India) founded in 2019 by Saloni Tiwari and Udit Karan Chandhok. WCube has raised $856.8 thousand across 1 funding round from investors including Mumbai Angels, Lepton Software and Faad Capital. The company has 26 employees as of April 09, 2024. WCube offers products and services including Cube Procure, Cube Ops, and Vendor Cube. WCube operates in a competitive market with competitors including Moglix, IndiaMART, Udaan, Solv and ProcMart, among others.
- Headquarter Gurugram, India
- Employees 26 as on 09 Apr, 2024
- Founders Saloni Tiwari, Udit Karan Chandhok
- Stage Minicorn
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Sectors
RetailTechnology
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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 Wcube Solutions Private Limited
- Date of Incorporation 25 Nov, 2019
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$1.04 M (USD)464.32as on Mar 31, 2022
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Net Profit
-$367.3 K (USD)-15676.27as on Mar 31, 2022
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EBITDA
-$286.88 K (USD)-8168.55as on Mar 31, 2022
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Total Equity Funding
$856.8 K (USD)
in 1 rounds
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Latest Funding Round
$856.8 K (USD), Seed
Aug 27, 2021
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Investors
Mumbai Angels
& 78 more
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Employee Count
26
as on Apr 09, 2024
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Products & Services of WCube
WCube offers a comprehensive portfolio of products and services, including Cube Procure, Cube Ops, and Vendor Cube.
Platform for B2B ordering and supply management
Tools for supply chain and delivery operations
System for partner and vendor handling
Funding Insights of WCube
WCube has successfully raised a total of $856.8K through 1 strategic funding round. The most recent funding activity was a Seed round of $856.8 thousand completed in August 2021. 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 WCube
WCube has secured backing from 79 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Mumbai Angels, Lepton Software and Faad Capital.
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Early-stage venture investments are facilitated by Mumbai Angels network.
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Venture capital firm focused on multiple sectors
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Angel network focused on early-stage investments
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Investor details for WCube
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by WCube
Investment portfolio details for WCube
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - WCube
Detailed financials for WCube
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
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Wcube Comparisons
Peer comparison for WCube
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
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- Operating benchmarks
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Competitors of WCube
WCube 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 Moglix, IndiaMART, Udaan, Solv and ProcMart, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Multi-category products are supplied via a B2B marketplace platform.
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Online B2B marketplace connecting buyers and suppliers of diverse industrial products
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Online marketplace offering multi-category products
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A B2B e-commerce platform is operated for MSMEs in India.
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Online platform offering procurement and supply chain solutions
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Multi-category products are facilitated via a B2B marketplace platform.
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Detailed competitors of WCube
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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- Full company profiles
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Latest news on Wcube
Complete news archive for WCube
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- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Frequently Asked Questions about WCube
WCube was founded in 2019 and raised its 1st funding round 2 years after it was founded.
WCube is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Udit Karan Chandhok is the current CEO of WCube. They have also founded this company.
WCube is a funded company, having raised a total of $856.8K across 1 funding round to date.
As of Apr 09, 2024, the latest employee count at WCube is 26.
Annual revenue of WCube is $1.04M as on Mar 31, 2022.
WCube was founded in 2019 and is headquartered in Gurugram, India. A tech-enabled B2B procurement platform is provided to mid- and large-sized enterprises, where procurement processes are streamlined through connections between suppliers and buyers. Comprehensive solutions are offered, including a wide range of products and services, with transaction costs managed via the wcubeindia.com domain. Operations focus on creating synergies in the procurement sector.
WCube offers Cube Procure, Cube Ops, and Vendor Cube.
WCube has 79 investors. Key investors include Mumbai Angels, Lepton Software, Faad Capital, RCS Advisors, and x10x ventures.
The valuation of WCube is $4.44M as of Aug 2021.