When was Depo24 founded?

Depo24 was founded in 2022 and raised its 1st funding round within a year of its incorporation.

Where is Depo24 located?

Depo24 is headquartered in Delhi, India. It is registered at 34D F/F, POCKET-1 MAYUR VIHAR PHASE-1, East Delhi, Delhi, Delhi, India, 110091.

Who is the current CEO of Depo24?

Arpit Saraf of Depo24. They have also founded 1 company.

Which legal entities is Depo24 associated with?

Depo24 is associated with DEPO SOLUTIONS PRIVATE LIMITED.

How many employees does Depo24 have?

As of Aug 31, 2025, Depo24 has 20 employees, reflecting a 60% year-over-year decline in headcount.

Is Depo24 a funded company?

Depo24 is a funded company, having raised a total of $2.74M across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on May 24, 2022.

How much is Depo24 worth?

The latest valuation of Depo24 is $***** as of Jul 29, 2024.

When was the latest funding round of Depo24?

Depo24's latest funding was a $***** Series A round on Jul 29, 2024, with participation from 1 investor. Its primary sector is B2B E-Commerce. In India, the B2B E-Commerce sector has seen $190M in funding in 2026 to date.

What is the annual revenue of Depo24?

Annual revenue of Depo24 is ₹32Cr as on Mar 31, 2025.

Where does Depo24 rank among its competitors?

Depo24 ranks 12th amongst 145 active competitors, of which 25 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was HomeRun, which secured $6.6M in Feb, 2026.

Who are the top competitors of Depo24?

Depo24's top competitors include Infra.Market, JSW One MSME and ArisInfra. Among them, HomeRun secured the most recent funding round in February, 2026.

Depo24 - 2026 Company Profile, Team, Funding, Competitors & Financials

Depo24 is a series A company based in Delhi (India), founded in 2022 by Kushal Agarwal, Arpit Saraf and Anil Patwari. It operates as a Digital marketplace offering building and construction materials. Depo24 has raised $2.74M in funding from investors like Beenext, Sparrow Capital and Panthera Peak Capital, with a current valuation of $*****. The company has 145 active competitors, including 25 funded and 1 that has exited. Its top competitors include companies like Infra.Market, JSW One MSME and ArisInfra.

Company Details

Digital marketplace offering building and construction materials. It caters to interior designers, architects, technicians, and homeowners. The product catalog includes adhesives, hinges, mortise, door closers, locks, door fittings, drawer fittings, glass fittings, handle knobs, magnets, and more.

Website: depo24.in
Social
Email ID: *****@depo24.in
Phone Number: +91 **********
Registered Address: 34D F/F, POCKET-1 MAYUR VIHAR PHASE-1, East Delhi, Delhi, Delhi, India, 110091

Key Metrics

Founded Year

2022

Location

Delhi, India

Stage

Series A

Total Funding

$2.74M in 4 rounds

Latest Funding Round

Series A, Jul 29, 2024, $*****

Post Money Valuation

$***** as on Jul 29, 2024

Investors

Beenext & 34 more

Ranked

12^th among 145 active competitors

Annual Revenue

₹32Cr as on Mar 31, 2025

Employee Count

20 as on Aug 31, 2025

Similar Companies

Construmart & 259 more

View Depo24's full profile

Depo24 is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
DEPO SOLUTIONS PRIVATE LIMITED CIN: U51909DL2022PTC394307 , India, Active	Feb 24, 2022	$3.79M (As on Mar 31, 2025)	20 (As on Aug 31, 2025)

Depo24 has raised a total funding of $2.74M over 4 rounds. Its first funding round was on May 24, 2022. Its latest funding round was a Series A round on Jul 29, 2024 for $*****. 1 investor participated in its latest round. Depo24 has 11 institutional investors and 24 angel investors.

Here is the list of recent funding rounds of Depo24:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 29, 2024	6291457	Series A	4199747	3117065	9927277	3397832
Oct 06, 2023	7258650	Series A	9574319	6933039	8107259	Sparrow Capital & 1 more
Jul 04, 2022	7351702	Series A	4382533	9795333	Beenext	LetsVenture & 29 more

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View details of Depo24's funding rounds and investors

The founders of Depo24 are Kushal Agarwal, Arpit Saraf and Anil Patwari. Arpit Saraf is the CEO of Depo24.

Here are the details of Depo24's key team members:

Kushal Agarwal: Co-Founder of Depo24. They are also an angel investor in 1 startup and serve on the boards of 2 companies.
Contact Info: 1 phone number
Arpit Saraf: Co-Founder & CEO of Depo24. They serve on the board of 1 company.
Contact Info: 1 email address
Anil Patwari: Co-Founder & Managing Director @ DEPO24 of Depo24.

View details of Depo24's Founder profiles and Board Members

Depo24's employee count trend

Depo24 has 20 employees as of Aug 25. The total employee count is 60.0% lower than what it was in Aug 24. Here is Depo24's employee count trend over the years:

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Top competitors of Depo24 include Infra.Market, JSW One MSME and ArisInfra. Here is the list of Top 10 competitors of Depo24, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Infra.Market 2016, Thane (India), Series G	Provider of diverse building and construction materials for project lifecycles	$806M	Tiger Global Management, Accel & 279 others	70/100
2nd	JSW One MSME 2020, Mumbai (India), Series B	Online retailer of TMT, steel HR coil, and cement products	$91.6M	Mitsui, Principal Asset Management & 7 others	66/100
3rd	ArisInfra 2021, Mumbai (India), Public	Provider of an online platform for construction materials procurement and supply	$25.3M	Logx Venture Partners, Ace Investments & 61 others	65/100
4th	HomeRun 2025, Bengaluru (India), Series A	Platform offering E-commerce brand delivering construction and interior building materials	$7.61M	Sorin, Sparrow Capital & 13 others	57/100
5th	Headsup B2B 2021, Delhi (India), Seed	Provider of building construction raw materials, safety products, and industrial equipment	$2.25M	Harendra Singh Family Office, Headsup & 4 others	53/100
6th	Buildpro 1995, Bengaluru (India), Unfunded	Online platform offering hardware supplies for residential homes	-	-	51/100
7th	IBO 2020, Bengaluru (India), Seed	B2B platform offering home-building and improvement products	$539K	Konark Trust, MMPL Trust & 1 others	50/100
8th	Khidki Homes 2021, Bengaluru (India), Seed	Online platform offering building materials for professionals	$1.27M	Anicut Capital, India Quotient & 13 others	48/100
9th	mSupply 2015, Bengaluru (India), Series A	Online platform offering building materials and construction supplies	-	Artiman	47/100
10th	Tiles Wale 2018, Morbi (India), Unfunded	App-based marketplace to buy and sell ceramic tiles	-	-	46/100
12th	Depo24 2022, Delhi (India), Series A	Digital marketplace offering building and construction materials	$2.74M	Panthera Peak Capital, Angel List & 33 others	45/100