About WCube
WCube is a Retail company based in Gurugram (India) founded in 2019 by Saloni Tiwari and Udit Karan Chandhok. B2B procurement marketplace is operated for mid-sized enterprises. It operates in the Retail and Technology sectors. 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. WCube was last valued at $4.44 million in August 2021. Its chief executive, as recorded, is Udit Karan Chandhok. Its Indian entity Wcube Solutions Private Limited reported revenue of ₹8.58 Cr. WCube offers products and services including Cube Procure, Cube Ops, and Vendor Cube. Its focus areas include B2B E-Commerce, Horizontal, Marketplace and Enterprise Applications. Its competitors include IndiaMART, Udaan and Solv; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Gurugram, India
- Employees 26
- Founders Saloni Tiwari, Udit Karan Chandhok
- Stage Minicorn
- SectorsRetailTechnology
- Email••••••••
- Phone•••• ••••
- Website wcubeindia.com
- Social LinkedIn
- Legal Name Wcube Solutions Private Limited
- Date of Incorporation 25 Nov, 2019
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹8.58 Cr
FY 2022 · +464% YoY
- Net Loss-₹3.04 Cr
FY 2022 · -35% margin
- EBITDA-₹3.00 Cr
FY 2022 · -35% margin
- Total Equity Funding$856.8K (USD)
in 1 rounds
- Latest Funding Round$856.8K (USD), Seed
Aug 2021
- InvestorsMumbai Angels
& 78 more
- Employee Count26
Associated legal entities of WCube
WCube operates through Wcube Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Wcube Solutions Private Limited CIN U74999DL2019PTC357976 | Active | 25 Nov 2019 | New Delhi, Delhi | ₹8.6 Cr | 26 | 2 | View details |
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.
- Total Funding $856,800
- Total Rounds 1
- Last Round Seed — $856,800
- First Round $856,800
(Aug 2021)
- Investors Count 79
All 1 funding rounds of WCube 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 |
|---|---|---|---|---|---|
| Aug 2021 | $856,800 | Seed | $4.44M | Mumbai Angels, x10x ventures |
| Date | Valuation | Stage |
|---|---|---|
| Aug 2021 | $4.44M | •••••••• |
Last known valuation $4.44M (Aug 2021). 79 investors in total: 19 institutional and 60 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage venture investments are facilitated by Mumbai Angels network. | 2006 | mumbaiangels.com | Mumbai, India | |
Venture capital firm focused on multiple sectors | x10xventures.tcc.mode | |||
Angel network focused on early-stage investments | 2015 | faad.in | Delhi, India | |
Venture capital firm focused on multiple sectors | netgraphinvestment.tcc.mode | |||
Venture capital investing and portfolio management services for accredited investors. | av.vc | |||
Private equity firm focused on multiple sectors | vajraholdings.tcc.mode | Mumbai, India | ||
Venture capital fund focused on fintech and multiple sectors | shwetambrainvestment.tcc.mode | Kolkata, India | ||
Private equity investments are directed toward multiple sectors by Stackverse. | stackverse.tcc.mode | Hyderabad, India | ||
Private equity investments are directed toward multiple sectors. | newbombayhousingagency.tcc.mode | Mumbai, India | ||
Multiple sectors are invested in by this private equity firm. | beyondpinnacle.tcc.mode | Gurugram, India |
Investor details for WCube
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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Verified entity values are shown only after access is granted.
Board of directors of Wcube Solutions Private Limited (WCube)
Wcube Solutions Private Limited is the primary company behind WCube. The board of Wcube Solutions Private Limited currently have 2 directors; the longest-serving is Udit Karan Chandhok, appointed in 2019. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Udit Karan Chandhok DIN 08621404 | Director | 25 Nov 2019 | 6 yrs 11 mo | Wcube Solutions Private Limited |
| Vinay Chandhok DIN 07065375 | Director | 12 Dec 2022 | 3 yrs 10 mo | Wcube Solutions Private Limited |
People of WCube
2 people are tracked at WCube (2 in leadership); the tracked headcount is 26.
| Name | Role | Group |
|---|---|---|
Saloni Tiwari | Co-Founder | Leadership |
| Co-Founder & CEO | Leadership |
Complete people profiles for WCube
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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- Professional contacts
Verified entity values are shown only after access is granted.
Financials of WCube
Figures of Wcube Solutions Private Limited, the primary company behind WCube, for FY 2022. Revenue was ₹8.58 Cr (+464% year on year). Net loss was -₹3.04 Cr (-35% margin). EBITDA was -₹3.00 Cr (-35% margin).
- ₹8.58 CrRevenue · FY 2022 · +464% YoY
- -₹3.04 CrNet loss · -35% margin
- -₹3.00 CrEBITDA · -35% margin
- ₹8.9 LakhPaid-up capital
- 26Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Wcube Solutions Private Limited are on its company page.
Detailed financial statements for WCube
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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Verified entity values are shown only after access is granted.
Timeline of WCube
3 dated milestones of WCube across 2 years, from founding to its latest funding, stage changes and deals.
- Founded WCube is founded.
- Funding First funding round of $857K.
- Milestone Reaches Minicorn status.
Competitors of WCube
WCube has 3 listed competitors in our database, 3 of them funded. They include IndiaMART, Udaan and Solv.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| indiamart.com | 1999 | Noida, India | $37.24M | 3,623 | Online B2B marketplace connecting buyers and suppliers of diverse industrial products | |
| udaan.com | 2016 | Bengaluru, India | $2.7B | 1,791 | Online marketplace offering multi-category products | |
| solvezy.com | 2019 | Bengaluru, India | $40M | 412 | A B2B e-commerce platform is operated for MSMEs in India. |
Detailed competitors of WCube
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Top companies in B2B Marketplaces & Wholesale
2 companies that operate in the same segment as WCube (B2B Marketplaces & Wholesale) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online B2B marketplace connecting buyers and suppliers of diverse industrial products | 1999 | Noida, Uttar Pradesh, India | USD 38.12 M | USD 167.23 M | 6,100 | |
Digital procurement and supply solutions for construction materials are facilitated. | 2016 | Thane, Maharashtra, India | USD 783.57 M | USD 1.43 B | 2,645 |
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Related news about Wcube
Complete news archive for WCube
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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 CEO of WCube, as recorded in our data. They have also founded this company.
WCube is a funded company, having raised a total of $856.8K across 1 funding round to date. The company's 1st funding round was a Seed of $856.8K, raised on Aug 2021.
WCube has 26 employees.
The primary company behind WCube, Wcube Solutions Private Limited, reported revenue of ₹8.58 Cr for FY 2022, up 464% year on year.
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.
WCube operates through Wcube Solutions Private Limited.