WholesaleBox Internet Pvt. Ltd.
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WholesaleBox Internet Pvt. Ltd. - overview
Established
2015
Location
Jaipur, Rajasthan, India
Primary Industry
Internet
About
WholesaleBox Internet Pvt. Ltd. is a dynamic e-commerce platform focused on connecting wholesalers with retailers, enhancing supply chain efficiencies and offering a wide range of products at competitive prices. Founded in 2015 in Jaipur, India, WholesaleBox Internet Pvt.
Ltd. operates as an e-commerce platform facilitating wholesale trade. The company has engaged in 3 deals, with the most recent funding round occurring on August 21, 2018, where it raised INR 150 million led by Orios Venture Partners, along with Contrarian Drishti Partners and Rajasthan Asset Management. The company's operations are spearheaded by CEO Rohit Dangayach, who has played a crucial role in its strategic direction.
WholesaleBox Internet Pvt. Ltd. specializes in providing a comprehensive e-commerce platform that connects wholesalers with retailers. The company's service offerings encompass a vast selection of products, catering to various sectors including clothing, electronics, and household goods.
By streamlining the wholesale purchasing process, the platform aims to simplify transactions for retailers seeking bulk purchasing options and competitive pricing, thereby enhancing the overall efficiency in the supply chain. In the most recent financial year 2023, WholesaleBox Internet Pvt. Ltd. reported a revenue of INR 876,098.
50 with an EBITDA of INR -58,266. 60, reflecting the challenges faced in achieving profitability amid competitive market conditions. WholesaleBox Internet Pvt. Ltd.
is strategizing for future growth by planning to introduce new product categories within its platform by mid-2024. The company aims to expand its operations into Southeast Asia by the end of 2025, targeting markets such as Indonesia and Vietnam. The recently secured funding of INR 150 million will be allocated towards enhancing the technology infrastructure of the platform and marketing campaigns to establish a foothold in these new markets.
Current Investors
Orios Venture Partners, Contrarian Drishti Partners, Sunstone Realty Advisors
Primary Industry
Internet
Sub Industries
Web Applications, Search Engines
Website
www.wholesalebox.co
Verticals
E-commerce, Mobile Apps
Company Stage
Early Stage
Total Amount Raised
Subscriber access only
WholesaleBox Internet Pvt. Ltd. - timeline of key events
WholesaleBox Internet Pvt. Ltd. - financials
| Fiscal Year Ended | Mar 31, 2016 | Mar 31, 2017 | Mar 31, 2018 | Mar 31, 2019 | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 7,465,295.8 | 40,168,538.5 | 205,374,810 | 290,916,993 | 307,826,998 | 106,530,362 | - | - | - |
| % Revenue Growth (YoY) | - | 438.1% | 411.3% | 41.7% | 5.8% | (65.4%) | - | - | - |
| EBITDA (USD) | (3,691,947.3) | (17,634,504.7) | (61,630,540) | (51,234,872) | (45,015,984) | 504,258 | - | - | - |
| Operating Income (USD) | (3,721,847.3) | (17,922,294.9) | (64,289,610) | (57,631,372) | (53,010,208) | (4,953,467) | - | - | - |
| Operating Margin | (49.9%) | (44.6%) | (31.3%) | (19.8%) | (17.2%) | (4.6%) | - | - | - |
| % EBITDA Margin | (49.5%) | (43.9%) | (30.0%) | (17.6%) | (14.6%) | 0.5% | - | - | - |
| NET Income (USD) | (3,723,590.3) | (17,920,551.9) | (64,419,980) | (57,500,996) | (53,010,208) | (4,500,487) | - | - | - |
| % Net Margin | (49.9%) | (44.6%) | (31.4%) | (19.8%) | (17.2%) | (4.2%) | - | - | - |
WholesaleBox Internet Pvt. Ltd. - employee data
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