When was MVIKAS founded?

MVIKAS was founded in 2019 and raised its 1st funding round 3 years after it was founded.

Where is MVIKAS located?

MVIKAS is headquartered in Delhi, India. It is registered at 13th Floor, Plot No.A-5, Pearls Best Heights-I, Netaji Subhash Place, Pitam Pura, Shakur Pur I Block, North West Delhi, Delhi, Delhi, India, 110034.

Who is the current CEO of MVIKAS?

Abhinav Kumar and Abhinav Kumar s of MVIKAS. Abhinav Kumar has also founded 1 company.

Which legal entities is MVIKAS associated with?

MVIKAS is associated with MVIKAS TECHNOLOGIES PRIVATE LIMITED and 1 other.

How many employees does MVIKAS have?

As of Mar 31, 2026, MVIKAS has 24 employees, reflecting a 7% year-over-year decline in headcount.

Is MVIKAS a funded company?

MVIKAS is a funded company, having raised a total of $***** in its 1st and only funding round, a Angel round on Apr 11, 2022.

How much is MVIKAS worth?

The latest valuation of MVIKAS is $***** as of Apr 11, 2022.

When was the latest funding round of MVIKAS?

MVIKAS's latest funding was a $***** Angel round on Apr 11, 2022, with participation from 4 investors. Its primary sector is B2B E-Commerce. In India, the B2B E-Commerce sector has seen $207M in funding in 2026 to date.

What is the annual revenue of MVIKAS?

Annual revenue of MVIKAS is between ₹50 Cr and ₹100 Cr as on Mar 31, 2025

Where does MVIKAS rank among its competitors?

MVIKAS ranks 15th amongst 156 active competitors, of which 11 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Magma, which secured $3M in Sep, 2025.

Who are the top competitors of MVIKAS?

MVIKAS's top competitors include Magma, Bulk MRO and Aksum Trademart. Among them, Magma secured the most recent funding round in September, 2025.

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

Company Details

Provider of supply chain services for industrial goods and scrap. Operations include procurement, logistics, and sales facilitation for industrial materials. The business manages sourcing, transportation, and order fulfillment processes to assist in the movement of industrial commodities. It integrates financial services and technology to support the exchange of materials between buyers and sellers.

Website: mvikas.in
Social
Email ID: *****@mvikas.in
Phone Number: +91 **********
Registered Address: 13th Floor, Plot No.A-5, Pearls Best Heights-I, Netaji Subhash Place, Pitam Pura, Shakur Pur I Block, North West Delhi, Delhi, Delhi, India, 110034

Key Metrics

Founded Year

2019

Location

Delhi, India

Stage

Seed

Total Funding

$22.9K in 1 round

Latest Funding Round

Angel, Apr 11, 2022, $*****

Post Money Valuation

$***** as on Apr 11, 2022

Investors

Yuvraj Singh & 9 more

Ranked

15^th among 156 active competitors

Annual Revenue

₹50 - ₹100 Cr as on Mar 31, 2025

Employee Count

24 as on Mar 31, 2026

Similar Companies

Magma & 234 more

View MVIKAS's full profile

MVIKAS is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
MVIKAS TECHNOLOGIES PRIVATE LIMITED CIN: U74999DL2019PTC358822 , India, Active	Dec 16, 2019	$1M - $10M (As on Mar 31, 2025)	14 (As on Mar 31, 2026)
MVIKAS SUPER LOGISTICS PRIVATE LIMITED CIN: U63030DL2021PTC379114 , India, Active	Mar 24, 2021	$0 - $1M (As on Mar 31, 2025)	10 (As on Mar 31, 2026)

MVIKAS has raised a total funding of $22.9K over 1 round. Its latest funding round was a Angel round on Apr 11, 2022 for $*****. 4 investors participated in its latest round. MVIKAS has 10 angel investors.

Here is the list of recent funding rounds of MVIKAS:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 11, 2022	8153339	Angel	7817793	5970667	5550195	8462838

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View details of MVIKAS's funding rounds and investors

The founders of MVIKAS are Abhinav Kumar, Rajat Kumar, Gunjan Singhal, Pooja Arora, Abhinav Kumar and Aditya Batra. Abhinav Kumar and Abhinav Kumar are the CEOs of MVIKAS.

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

Abhinav Kumar: Co-Founder & CEO of MVIKAS. They serve on the board of 1 company.
Contact Info: 1 email address and 1 phone number
Rajat Kumar: Co-Founder & Head Of Finance of MVIKAS. They serve on the board of 1 company.
Contact Info: 1 email address and 1 phone number
Gunjan Singhal: Co-Founder & CTO of MVIKAS. They are also an angel investor in 1 startup.
Contact Info: 1 email address
Pooja Arora: Co-Founder of MVIKAS. They are also an angel investor in 1 startup.
Abhinav Kumar: Co-Founder & CEO of MVIKAS.
Contact Info: 1 email address and 1 phone number

MVIKAS's Board of Directors

MVIKAS's board has 4 active members. Abhinav Kumar and Rajat Kumar are part of team and Bhushan Ram Bharambe and Gunjan Kumar Singh are independent board members.

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

Name	Type	Representing	Status	Duration
Abhinav Kumar	Team	-	Current	4y 9m
Rajat Kumar	Team	-	Current	0y 6m
Bhushan Ram Bharambe	Independent board member	-	Current	1y 6m
xrpgoyp	Independent board member	-	Past	3y 7m

View details of MVIKAS's Founder profiles and Board Members

MVIKAS's employee count trend

MVIKAS has 24 employees as of Mar 26. The total employee count is 8.0% lower than what it was in Mar 25. Here is MVIKAS's employee count trend over the years:

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Top competitors of MVIKAS include Magma, Bulk MRO and Aksum Trademart. Here is the list of Top 10 competitors of MVIKAS, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Magma 2022, Ahmedabad (India), Series A	Provider of integrated industrial marketplace for manufacturers	$12.7M	Capria, Gujarat Venture Finance & 25 others	54/100
2nd	Bulk MRO 2015, Mumbai (India), Series A	Online B2B platform for industrial supply	$6.69M	FJ Labs, Bain Capital & 14 others	54/100
3rd	Aksum Trademart 2021, Delhi (India), Seed	Provider of steel, commodity polymers, chemicals, paints, sanitary ware, and construction products	$1.03M	Inflection Point Ventures, Faad Capital & 36 others	52/100
4th	WCube 2019, Gurugram (India), Seed	Provider of a B2B procurement marketplace	$857K	Mumbai Angels, x10x ventures & 80 others	52/100
5th	Mjunction 2001, Kolkata (India), Unfunded	B2B portal for Metals & coal trade, and strategic procurement	-	-	51/100
6th	ToolsVilla 2015, Kolkata (India), Seed	Online platform offering industrial equipment, and supplies	$170K	Techstars, Bread and Butter Ventures	51/100
7th	IndustryBuying 2013, Delhi (India), Series C	Online retailer of industrial goods business supplies and maintenance equipment	$26.4M	Elevation Capital, Kalaari Capital & 17 others	50/100
8th	Vashi Integrated Solutions 1978, Bhiwandi (India), Unfunded	Distributor of industrial goods and commercial products	-	-	45/100
9th	Prodo 2021, Gurugram (India), Deadpooled	Online platform offering manufacturing services through a digital marketplace	$2.28M	Inflection Point Ventures, LetsVenture & 102 others	43/100
10th	Industrylane 2016, Bengaluru (India), Unfunded	B2B e-distributor for Industrial tools and supplies	-	-	42/100
15th	MVIKAS 2019, Delhi (India), Seed	Provider of supply chain services for industrial goods and scrap	$22.9K	-	37/100

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Founders (largest shareholder) own 55.85%, Angels own 2.66% and Other People own 41.49%. The net worth of MVIKAS's founders is INR 2.87Cr as of Apr 11, 2022.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	55.85%	2.87Cr	2421709	9032106	7853885	2764370
Pooja Arora	3881	6037	9299	6130	2901	9227
Abhinav Kumar	7423425	5646710	6952365	2508173	7684017	6771051
Gunjan Singhal	4285732	6822223	5105985	5002671	3514519	9869089
Aditya Batra	5349991	2326274	9550275	4640453	4179118	2226055
Angel	2.66%	13.6L	80	13	16	47
Jitesh Soni	0	0	0	0	0	0
Yuvraj Singh	0	0	0	0	0	0
Other People	41.49%	2.13Cr	1593632	6733032	4663896	8977745
Total	100.00%	5.14Cr	8589327	2643220	1296802	5391990