MaxWholesale - About the company
MaxWholesale is a series A company based in Delhi (India), founded in 2016 by Samarth Agrawal, Rohit Narang and Naresh Chand Agrawal. It operates as an Online platform offering a B2B marketplace for grocery products. MaxWholesale has raised $7.35M in funding from investors like Indian Angel Network, Maple Capital Advisors and Haystack TV, with a current valuation of $*****. The company has 89 active competitors, including 19 funded and 1 that has exited. Its top competitors include companies like 3eco, MoEving and Zyngo.
Company Details
Online platform offering a B2B marketplace for grocery products. It connects retailers and wholesalers for sourcing packaged food, beverages, and daily essentials. The platform is designed to simplify procurement and bulk purchasing for small and medium businesses.
- Website
- maxwholesale.in
- Social
- Email ID
- *****@maxwholesale.in
- Phone Number
- +91 **********
- Registered Address
- H. No.199, Ground Floor, Pandit Mohalla, Rangpuri, Near Telco Service Station, Mahipalpur, South West Delhi, New Delhi, Delhi, India, 110037
Key Metrics
Founded Year
2016
Location
Delhi, India
Stage
Series A
Total Funding
$7.35M in 9 rounds
Latest Funding Round
Post Money Valuation
$***** as on Dec 13, 2022
Investors
Ranked
21st among 89 active competitors
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2023
Employee Count
8 as on Apr 30, 2022
Legal entities associated with MaxWholesale
MaxWholesale is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
99 ALGORITHMS PRIVATE LIMITED CIN: U72300DL2015PTC280282 , India, Active | May 15, 2015 | 0 - ₹10 Cr (As on Mar 31, 2023) | 2 (As on May 31, 2022) |
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MaxWholesale's funding and investors
MaxWholesale has raised a total funding of $7.35M over 9 rounds. Its first funding round was on Jul 07, 2016. Its latest funding round was a Series A round on Dec 13, 2022 for $*****. 15 investors participated in its latest round. MaxWholesale has 17 institutional investors and 89 angel investors.
Here is the list of recent funding rounds of MaxWholesale:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 13, 2022 | 2978141 | Series A | 9483235 | 3428379 | 9036806 | 1043628 |
Sep 10, 2021 | 2340670 | Series A | 6904389 | 4699057 | 6533253 | |
Jun 19, 2020 | 7402864 | Series A | 6254552 | 5757820 |
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MaxWholesale's founders and board of directors
Founder? Claim ProfileHere are the details of MaxWholesale's key team members:
- Samarth Agrawal: Co-Founder & CEO of MaxWholesale and founder of 2 other companies, MaxWholesale and Getchat App. They are also an angel investor in 2 startups and serve on the board of 1 company.Contact Info: 1 phone number
- Rohit Narang: Co-Founder & COO of MaxWholesale. They are also an angel investor in 2 startups and serve on the board of 1 company.Contact Info: 3 phone numbers
- Naresh Chand Agrawal: Founder of MaxWholesale. They serve on the board of 1 company.
MaxWholesale's Board of Directors
MaxWholesale's board has 3 active members. Samarth Agrawal, Rohit Narang and Abhinav Grover are part of team.Here is the list of MaxWholesale's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 11y 3m | |
Team | - | Current | 10y 3m | |
sunweuz | Team | - | Past | 9y 6m |
Investor | - | Current | 9y 2m | |
uo{yqql | Independent board member | - | Past | 7y 2m |
View details of MaxWholesale's Founder profiles and Board Members
MaxWholesale's employee count trend
MaxWholesale has 8 employees as of Apr 22. The total employee count is 75.0% lower than what it was in Apr 21. Here is MaxWholesale's employee count trend over the years:
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MaxWholesale's Competitors and alternates
Top competitors of MaxWholesale include 3eco, MoEving and Zyngo. Here is the list of Top 10 competitors of MaxWholesale, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | A company specializing in hyper-local connectivity solutions for enterprise customers to ensure last-mile fulfillment | $17.3M | 59/100 | ||
2nd | Electric mobility solutions for logistics companies | $15.3M | 58/100 | ||
3rd | Provider of electric vehicles for last-mile delivery and hyperlocal operations | $5.6M | 57/100 | ||
4th | Chains providing snacks beverages and daily essentials at transit hubs | $3.3M | 52/100 | ||
5th |  FYN Mobility 2013, Bengaluru (India), Seed | Provider of electric vehicle logistics and fleet management technology services | $7.53M | 51/100 | |
6th | Provider of electric vehicle fleet management and logistics support services | $3.21M | 49/100 | ||
7th | Provider of electric vehicle solutions for sustainable commercial delivery operations | $3.2M | 47/100 | ||
8th | Provider of last mile delivery services for e-commerce | $579K | 46/100 | ||
9th | Provider of end-to-end logistics solutions through electric delivery fleet | $698K | 42/100 | ||
10th | Offers web-enabled 3PL services | $350K | 42/100 | ||
21st | MaxWholesale 2016, Delhi (India), Series A | Online platform offering a B2B marketplace for grocery products | $7.35M | 34/100 |
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MaxWholesale's Latest cap tables and shareholding
Founders (largest shareholder) own 42.94%, Funds own 23.67%, Enterprises own 1.14% and Angels own 24.72%. The net worth of MaxWholesale's founders is INR 47.7Cr as of Dec 13, 2022.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 42.94% | 47.7Cr | 6238630 | 7393516 | 9677324 | 2997007 |
1052622 | 6086769 | 3846121 | 9638158 | 1058452 | 6305572 | |
6941583 | 5459165 | 7007464 | 2733851 | 2079655 | 8726568 | |
Fund | 23.67% | 26.3Cr | 3641945 | 2632493 | 8097582 | 4448677 |
2294070 | 1129025 | 8387341 | 6125041 | 4821010 | 1579830 | |
30 | 20 | 64 | 35 | 26 | 58 | |
0 | 0 | 0 | 0 | 0 | 0 | |
Enterprise | 1.14% | 1.27Cr | 2 | 7 | 5 | 2 |
Angel | 24.72% | 27.5Cr | 5250472 | 7231569 | 9515865 | 6194786 |
ESOP Pool | 7.53% | 8.36Cr | 1072994 | 8144908 | 1455896 | 2602752 |
Total | 100.00% | 111Cr | 8841152 | 8146833 | 9683733 | 6517597 |
To unlock detailed Cap Table of MaxWholesale Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of MaxWholesale's Shareholding
MaxWholesale's Investments and acquisitions
MaxWholesale has made no investments or acquisitions yet.
Reports related to MaxWholesale
Here is the latest report on MaxWholesale's sector:
News related to MaxWholesale
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B2B ecommerce startup MaxWholesale raises $3M in Series AYourStory•Feb 18, 2020•MaxWholesale, Indian Angel Network Fund, Maple Capital Advisors, Indian Angel Network and 5 others
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Future- MaxWholesale partnership to target grocery storesSupplyChainLog•Aug 19, 2018•Future Consumer Enterprise, MaxWholesale
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Social marketplace GoCoop raises funding from Kris Gopalakrishnan, Saha FundVCCircle•Jul 28, 2016•GoCoop, Saha Fund, Indian Angel Network, Unitus Ventures and 6 others
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