Is Machanx a funded company?

Machanx is a funded company, having raised a total of $***** in its 1st and only funding round.

Where does Machanx rank among its competitors?

Machanx ranks 63rd amongst 165 active competitors, of which 17 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Diagon, which secured $5.1M in Apr, 2024.

Who are the top competitors of Machanx?

Machanx's top competitors include Purple Wave, YantraLive and EquipmentFacts.com. Among them, Diagon secured the most recent funding round in April, 2024.

Machanx - 2026 Company Profile, Team & Competitors

Machanx is an unfunded company, founded by Nipun Sareen. It operates as an Online platform for buying, selling, renting construction machinery and equipment. Machanx has not raised any funding yet. The company has 165 active competitors, including 17 funded and 16 that have exited. Its top competitors include companies like Purple Wave, YantraLive and EquipmentFacts.com.

Company Details

Online platform for buying, selling, renting construction machinery and equipment. It facilitates equipment transactions, rentals, and operator services. The platform allows users to browse by industry, category, and brand. It also provides resources such as blogs, videos, and directories of service providers.

Website: machanx.com
Social
Email ID: *****@machanx.com
Phone Number: +91 **********
Registered Address: H.NO. 16B FLOOR 1ST, PKT B-04 KESHAVPURAM, Keshav Puram (North West Delhi), North West Delhi, Delhi, Delhi, India, 110035

Key Metrics

Stage

Unfunded

Ranked

63^rd among 165 active competitors

Similar Companies

YantraLive & 136 more

View Machanx's full profile

Machanx is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Machanx Technologies Private Limited CIN: U62099DL2023PTC424360 , India, Active	Dec 26, 2023	$55.7K (As on Mar 31, 2025)	-

Machanx has not raised any funding rounds yet.

The founders of Machanx is Nipun Sareen.

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

Nipun Sareen: Founder & CTO of Machanx.

Machanx's Board of Directors

Machanx's board has 2 active members. Manish Sugandh and Nidhi Sugandh are independent board members.

Here is the list of Machanx's board of directors:

Name	Type	Representing	Status	Duration
Manish Sugandh	Independent board member	-	Current	2y 3m
evjdme{	Independent board member	-	Current	7y 5m

View details of Machanx's Founder profiles and Board Members

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Top competitors of Machanx include Purple Wave, YantraLive and EquipmentFacts.com. Here is the list of Top 10 competitors of Machanx, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Purple Wave 2000, Manhattan (United States), Series A	Online auction platform for used equipment	$4.51M	Copart, The Angels’ Forum	54/100
2nd	YantraLive 2018, Bengaluru (India), Seed	B2B digital platform offering a comprehensive solution for heavy equipment ownership	$1M	GrowthStory, StartFresh Ventures & 1 others	48/100
3rd	EquipmentFacts.com 2001, Lincoln (United States), Acquired	Provider of an online auction management platform for construction equipment	-	-	45/100
4th	4Rivers Equipment 1926, Greeley (United States), Unfunded	Provides construction equipment solutions	-	-	44/100
5th	TractorHouse 2005, Lincoln (United States), Unfunded	Online listing platform for selling and buying of old tractor and farm machinery	-	-	43/100
6th	Diagon 2023, Anguilla, Seed	Marketplace for renting heavy equipment	$5.12M	Techstars, The Westly Group & 7 others	42/100
7th	Raymond Handling Concepts 1987, Fremont (United States), Unfunded	Online distributors of industrial tools & equipment	-	-	42/100
8th	Perevozka-24 2014, Moscow (Russia), Unfunded	Offers an app providing truck rental services	-	-	41/100
9th	Yellow Rentals 2018, Delhi (India), Funding Raised	Provider of power generation & distribution, material handling, and construction equipment services	-	Origami Next	41/100
10th	Haizol 2015, Shanghai (China), Series B	Online B2B platform for industrial goods	$35.5M	Bell Capital, Haier Financial & 3 others	41/100
63rd	Machanx Unfunded	Online platform for buying, selling, renting construction machinery and equipment	-	-	24/100