About Yodacart
Yodacart is a Technology company based in Thane (India) founded in 2019 by Vikas Sharma, Rama Shankar Yadav, and Divya Soni. It delivers comprehensive insights and analytics solutions for retail businesses. It operates on a B2B model. Yodacart has raised $225 thousand across 1 funding round from investors including Ajith Daniel. Yodacart was last valued at $1.04 million in November 2021. Its chief executive, as recorded, is Vikas Sharma. Its Indian entity Adofast Logistic Services Private Limited reported revenue of ₹65.6 Lakh. Its focus areas include Software, Analytics and Retail Solutions.
Company details
Yodacart delivers comprehensive insights and analytics solutions for retail businesses through leveraging cutting-edge technology, software, providing analytics solutions, and retail solutions. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Thane, India
- Founders Vikas Sharma, Rama Shankar Yadav, Divya Soni
- Stage Minicorn
- SectorsTechnology
- Website yodacart.com
- Social Facebook
- Legal Name Adofast Logistic Services Private Limited
- Date of Incorporation 17 Jan, 2018
- Jurisdiction Thane, Maharashtra, India
- Annual Revenue₹65.6 Lakh
FY 2024 · +31320% YoY
- Net Loss-₹1.30 Cr
FY 2024 · -197% margin
- EBITDA-₹1.33 Cr
FY 2024 · -203% margin
- Total Equity Funding$225K (USD)
in 1 rounds
- Latest Funding Round$225K (USD), Seed
Nov 2021
Associated legal entities of Yodacart
Yodacart operates through Adofast Logistic Services Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Adofast Logistic Services Private Limited CIN U63090MH2018PTC304272 | Active | 17 Jan 2018 | Thane, Maharashtra | ₹0.7 Cr | 3 | View details |
Funding Insights of Yodacart
Yodacart has successfully raised a total of $225K through 1 strategic funding round. The most recent funding activity was a Seed round of $225 thousand 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.
- Total Funding $225,000
- Total Rounds 1
- Last Round Seed — $225,000
- First Round $225,000
(Nov 2021)
- Investors Count 1
All 1 funding rounds of Yodacart 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 |
|---|---|---|---|---|---|
| Nov 2021 | $225,000 | Seed | $1.04M | Ajith Daniel | – |
| Date | Valuation | Stage |
|---|---|---|
| Nov 2021 | $1.04M | •••••••• |
Last known valuation $1.04M (Nov 2021). 1 investors in total: 0 institutional and 1 angel.
Investors in Yodacart
Yodacart has secured backing from 1 investor, including angel investors. Prominent investors backing the company include Ajith Daniel.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
AD Ajith Daniel | unknown_132f4456118946d5a |
Investor details for Yodacart
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Verified entity values are shown only after access is granted.
Board of directors of Adofast Logistic Services Private Limited (Yodacart)
Adofast Logistic Services Private Limited is the primary company behind Yodacart. The board of Adofast Logistic Services Private Limited currently have 3 directors; the longest-serving is Vikas Dharmendra Sharma, appointed in 2018.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vikas Dharmendra Sharma DIN 08026279 | Director | 17 Jan 2018 | 8 yrs 9 mo | Adofast Logistic Services Private Limited |
| Ramashankar Shivprasad Yadav DIN 08026337 | Director | 17 Jan 2018 | 8 yrs 9 mo | Adofast Logistic Services Private Limited |
| Divya Soni DIN 10635136 | Additional Director | 20 May 2024 | 2 yrs 5 mo | Adofast Logistic Services Private Limited |
People of Yodacart
4 people are tracked at Yodacart (3 in leadership, 1 in team).
| Name | Role | Group |
|---|---|---|
| Co-Founder, CEO | Leadership | |
Rama Shankar Yadav | Co-Founder | Leadership |
| Co-Founder | Leadership | |
Raj Meshram | Sales Maneger | Team |
Complete people profiles for Yodacart
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Yodacart
Figures of Adofast Logistic Services Private Limited, the primary company behind Yodacart, for FY 2024. Revenue was ₹65.6 Lakh (+31320% year on year). Net loss was -₹1.30 Cr (-197% margin). EBITDA was -₹1.33 Cr (-203% margin). Revenue has grown at a compounded annual rate of +211% over three years and +235% over five years.
- ₹65.6 LakhRevenue · FY 2024 · +31320% YoY
- -₹1.30 CrNet loss · -197% margin
- -₹1.33 CrEBITDA · -203% margin
- ₹28,840Paid-up capital
- +211%Revenue CAGR, 3 years
- +235%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Adofast Logistic Services Private Limited are on its company page.
Detailed financial statements for Yodacart
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Yodacart
3 dated milestones of Yodacart across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Yodacart is founded.
- Funding First funding round of $225K.
- Milestone Reaches Minicorn status.
Top companies in AI in Retail
3 companies that operate in the same segment as Yodacart (AI in Retail) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Emotion AI platform providing insights for marketing, UX, and consumer behavior analysis. | Bengaluru, Karnataka, India | USD 9.84 M | USD 5.7 M | 153 | ||
AI platform enhances e-commerce sites with personalized responses and sales optimization. | 2016 | Vadodara, Gujarat, India | USD 2.23 M | USD 69.93 K | ||
Offers AI-powered insights for eCommerce analytics, competitor monitoring, and digital shelf optimization. | 2022 | Bengaluru, Karnataka, India | USD 2.07 M | 69 |
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Related news about Yodacart
Complete news archive for Yodacart
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Frequently Asked Questions about Yodacart
Yodacart was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Yodacart is headquartered in Thane, India. It is registered at Thane, Maharashtra, India.
Vikas Sharma is the CEO of Yodacart, as recorded in our data. They have also founded this company.
Yodacart is a funded company, having raised a total of $225K across 1 funding round to date. The company's 1st funding round was a Seed of $225K, raised on Nov 2021.
The primary company behind Yodacart, Adofast Logistic Services Private Limited, reported revenue of ₹65.6 Lakh for FY 2024, up 31320% year on year.
Yodacart delivers comprehensive insights and analytics solutions for retail businesses through leveraging cutting-edge technology, software, providing analytics solutions, and retail solutions. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
Yodacart has 1 investor. Key investors include Ajith Daniel.
The valuation of Yodacart is $1.04M as of Nov 2021.
Yodacart operates through Adofast Logistic Services Private Limited.
The legal entities of Yodacart currently have 3 directors, including Divya Soni, Vikas Dharmendra Sharma, Ramashankar Shivprasad Yadav.