Where is Matex located?

Matex is headquartered in Bengaluru, India. It is registered at Old No.23/22 and 24/22, New No.37/22, Sixth Floor Chamiers Towers, Chamiers Road, Teynampe, t, Chennai, Chennai, Tamil Nadu, India, 600018.

Which legal entities is Matex associated with?

Matex is associated with MATEX TECHNOLOGIES PRIVATE LIMITED.

How many employees does Matex have?

As of Mar 31, 2025, the latest employee count at Matex is 122.

What is the annual revenue of Matex?

Annual revenue of Matex is between ₹10 Cr and ₹50 Cr as on Mar 31, 2026

Where does Matex rank among its competitors?

Matex ranks 2nd amongst 6 active competitors, none of which are funded.

Who are the top competitors of Matex?

Matex's top competitors include Liquidity Services, Global E-Auction and Avshesh. Among them, Liquidity Services secured the most recent funding round in July, 2018.

Matex - 2026 Company Profile, Team, Competitors & Financials

Company Details

Provider of online auction and e-procurement services for industrial assets. This platform facilitates the buying and selling of various materials, including ferrous and non-ferrous metals, machinery, equipment, and hazardous waste. The services encompass a broad spectrum of industrial sectors, offering a streamlined solution for procurement needs. Auctions are conducted online, providing transparency and efficiency in the disposal and acquisition of assets. The platform also handles the logistics of transportation and related services.

Website: matexnet.com
Social
Email ID: *****@matextech.com
Phone Number: +91 **********
Registered Address: Old No.23/22 and 24/22, New No.37/22, Sixth Floor Chamiers Towers, Chamiers Road, Teynampe, t, Chennai, Chennai, Tamil Nadu, India, 600018

Key Metrics

Founded Year

1995

Location

Bengaluru, India

Stage

Unfunded

Ranked

2^nd among 6 active competitors

Annual Revenue

₹10 - ₹50 Cr as on Mar 31, 2026

Employee Count

122 as on Mar 31, 2025

Investment & Acquisitions

Ecoil & 10 more

Similar Companies

Liquidity Services & 43 more

View Matex's full profile

Matex is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
MATEX TECHNOLOGIES PRIVATE LIMITED CIN: U72900TN1995PTC136584 , India, Active	Jul 27, 1995	₹10 - ₹50 Cr (As on Mar 31, 2026)	129 (As on Aug 01, 2025)

Matex has not raised any funding rounds yet.

The founders of Matex are Yogeshwaran Sundaresan and Jagannivasan S.

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

Yogeshwaran Sundaresan: Co-Founder & Managing Director of Matex. They are also an angel investor in 1 startup.
Contact Info: 1 email address and 1 phone number
Jagannivasan S: Co-Founder of Matex.
Contact Info: 1 email address

View details of Matex's Founder profiles and Board Members

Matex's employee count trend

Matex has 122 employees as of Mar 25. The total employee count is 2.0% more than what it was in Mar 24. Here is Matex's employee count trend over the years:

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Top competitors of Matex include Liquidity Services, Global E-Auction and Avshesh. Here is the list of Top 10 competitors of Matex, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Liquidity Services 1999, Washington, DC (United States), Public	Operator of online marketplaces for selling surplus and secondary assets	-	ABS Capital, Jasper Private Equity	61/100
2nd	Matex 1995, Bengaluru (India), Unfunded	Provider of online auction and e-procurement services for industrial assets	-	-	41/100
3rd	Global E-Auction 2000, Delhi (India), Unfunded	Global eauction is a leading company specializing in online auctions and eprocurement solutions	-	-	34/100
4th	Avshesh 2014, Delhi (India), Deadpooled	Online trading platform for salvage goods and scrap	-	-	21/100
5th	Google Zenia 2017, Kolkata (India), Unfunded	Classified business and wholesale trading platform that facilitates online auctions and trading of various items	-	-	16/100
6th	DBIES 2017, Alappuzha (India), Unfunded	Provider of an online platform for buying, selling, and bidding goods	-	-	16/100
7th	B2B Sangam 2016, Nagpur (India), Unfunded	Online B2B auction based marketplace offering multicategory products	-	-	16/100
8th	SalvageBazar 2014, Mumbai (India), Deadpooled	E-auctions platform for salvage, scrap and idle assets	-	-	15/100
9th	Wholcom 2015, Bengaluru (India), Deadpooled	Online B2B bidding platform for commodities	-	-	15/100
10th	SalvageSpace 2007, Delhi (India), Deadpooled	Online listings and eAuctions site for salvage goods and scrap	-	-	15/100