XPAND

Noida, India Founded: 2021 • Age: 5 yrs
Online B2B rural aggregator platform connecting brands with kirana stores
Annual revenue $2.3M Latest available
Total funding $1.5M 1 rounds
Employees 112 Tracked headcount
Investors 16 Known backers
Products - Services tracked
Competitors 6 Brand Intelligence

About XPAND

XPAND is a company based in Noida (India) founded in 2021 by Sanjay Kaul. XPAND has raised $1.5 million across 1 funding round from investors including Akash Prakash, Navin Khandelwal and Shagun Khandelwal. The company has 112 employees as of March 30, 2024. XPAND operates in a competitive market with competitors including Jumbotail, ShopKirana, Vilcart, Farmkart and UdyamWell, among others.

  • Headquarter Noida, India
  • Employees 112 as on 30 Mar, 2024
  • Founders Sanjay Kaul
  • Sectors
    Retail
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Last Mile Channel Enhancement Private Limited
  • Date of Incorporation 25 Mar, 2021
  • Jurisdiction New Delhi, Delhi, India
Operational Areas
Retail → E-Commerce Platforms & Marketplaces Unlock Sub-Sector Unlock Segment
Retail → E-Commerce Platforms & Marketplaces Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $2.31 M (USD)
    240.59
    as on Mar 31, 2023
  • Net Profit
    -$1.32 M (USD)
    -95.81
    as on Mar 31, 2023
  • EBITDA
    -$1.1 M (USD)
    -62.26
    as on Mar 31, 2023
  • Total Equity Funding
    $1.5 M (USD)

    in 1 rounds

  • Latest Funding Round
    $1.5 M (USD), Seed

    Nov 05, 2021

  • Investors
  • Employee Count
    112

    as on Mar 30, 2024

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Funding Insights of XPAND

XPAND has successfully raised a total of $1.5M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.5 million completed in November 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 XPAND

XPAND has secured backing from 16 investors, including angel, institutional, and venture fund investors. Prominent investors backing the company include Akash Prakash, Navin Khandelwal and Shagun Khandelwal.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Investments in multiple sectors are managed by Soyumm Marketing.
Locked Locked Locked
Multiple sectors are targeted by the private equity firm.
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Stock and share advisory services are offered in Mumbai.
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Investor details for XPAND

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Investments & Acquisitions by XPAND

Investments
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Investment portfolio details for XPAND

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  • Portfolio identities
  • Transaction dates
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Financial Statements - XPAND

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Detailed financials for XPAND

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Xpand Comparisons

XPAND Primary company
Description
Online B2B rural aggregator platform connecting brands with ...
Location
Noida, India
Founded Year
2021
Annual Revenue
$2.31 M (USD)
Net Profit
-$1.32 M (USD)
EBITDA
-$1.1 M (USD)
Employees
112
As of 2024
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Peer comparison for XPAND

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Competitors of XPAND

XPAND 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 Jumbotail, ShopKirana, Vilcart, Farmkart and UdyamWell, among others.

Company Name Domain Founded year HQ Location Description
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B2B marketplace platform connecting retailers with brands and staples producers
Locked Locked Locked
Provider of B2B procurement platform for grocery retailers
Locked Locked Locked
Tech-enabled logistics solutions are provided for rural retailers in India.
Locked Locked Locked
An app-based platform for farming products and services is operated.
Locked Locked Locked
Products of rural entrepreneurs are sold via an online platform.
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Detailed competitors of XPAND

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Latest news on Xpand

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Complete news archive for XPAND

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Frequently Asked Questions about XPAND

XPAND was founded in 2021.

XPAND is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.

Sanjay Kaul is the current CEO of XPAND. They have also founded this company.

XPAND is a funded company, having raised a total of $1.5M across 1 funding round to date.

As of Mar 30, 2024, the latest employee count at XPAND is 112.

Annual revenue of XPAND is $2.31M as on Mar 31, 2023.

XPAND was founded in 2021 and is headquartered in Noida, India. The platform operates in the B2B e-commerce sector, linking brands with rural kirana stores to facilitate order placement, inventory management, and delivery tracking. Users can purchase kirana products through the application, which is accessible on both iOS and Android devices. Operations focus on streamlining supply chains for rural retail networks.

XPAND's top competitors include Jumbotail, ShopKirana and Vilcart.

XPAND has 16 investors. Key investors include Akash Prakash, Navin Khandelwal, Shagun Khandelwal, Multiplier Share And Stock Advisors, and Soyumm Marketing.

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