WCube - About the company
WCube is a seed company based in Gurugram (India), founded in 2019 by Akash Mittal, Udit Karan Chandhok, Udit Karan Chandhok and Saloni Tiwari. It operates as a Provider of a B2B procurement marketplace. WCube has raised $857K in funding from Mumbai Angels and x10x ventures, with a current valuation of ₹*****. The company has 309 active competitors, including 20 funded and 5 that have exited. Its top competitors include companies like Moglix, Udaan and LOTS Wholesale.
Company Details
Provider of a B2B procurement marketplace. It is a B2B tech-enabled procurement platform that enables mid and large-sized enterprises to streamline their procurement processes. The company provides a comprehensive procurement solution, offering a wide range of products and services to its clients. It helps in connecting the gap between suppliers and buyers, creating synergies and managing transaction costs.
- Website
- wcubeindia.com
- Email ID
- *****@wcubeindia.com
- Phone Number
- +91 **********
- Registered Address
- 1793-C S/F, Parsadi Gali, Kotla Mubarak Pur, Lodi Road, South Delhi, New Delhi, Delhi, India, 110003
Legal entities associated with WCube
WCube is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
WCUBE SOLUTIONS PRIVATE LIMITED CIN: U74999DL2019PTC357976 , India, Active | Nov 25, 2019 | $1.15M (As on Mar 31, 2022) | 55 (As on Mar 31, 2025) |
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WCube's funding and investors
WCube has raised a total funding of $857K over 1 round. Its latest funding round was a Seed round on Aug 27, 2021 for $*****. 79 investors participated in its latest round. WCube has 20 institutional investors and 61 angel investors.
Here is the list of recent funding rounds of WCube:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 27, 2021 | 3540786 | Seed | 4491374 | 9962960 | 6434391 | 5187094 |
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WCube's founders and board of directors
Founder? Claim ProfileThe founders of WCube are Akash Mittal, Udit Karan Chandhok, Udit Karan Chandhok and Saloni Tiwari. Udit Karan Chandhok and Udit Karan Chandhok are the CEOs of WCube.
Here are the details of WCube's key team members:
- Akash Mittal: Former Co-Founder & COO of WCube. They serve on the board of 1 company.
- Udit Karan Chandhok: Co-Founder & CEO of WCube. They serve on the board of 1 company.
- Udit Karan Chandhok: Founder & CEO of WCube.
- Saloni Tiwari: Co-Founder of WCube. Contact Info: 1 email address
WCube's Board of Directors
WCube's board has 1 active member. Akash Mittal is part of team.Here is the list of WCube's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 6y 2m | |
Team | - | Current | 6y 2m | |
Independent board member | - | Current | 3y 2m | |
enuhdmz | Independent board member | - | Past | 3y 9m |
View details of WCube's Founder profiles and Board Members
WCube's employee count trend
WCube has 55 employees as of Mar 25. The total employee count is 511.0% more than what it was in Mar 24. Here is WCube's employee count trend over the years:
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WCube's Competitors and alternates
Top competitors of WCube include Moglix, Udaan and LOTS Wholesale. Here is the list of Top 10 competitors of WCube, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | B2B e-commerce platform for industrial supplies and tools | $471M | 83/100 | ||
2nd | B2B e-commerce platform for wholesale trade and distribution | $1.99B | 70/100 | ||
3rd |  LOTS Wholesale 2017, Gurugram (India), Unfunded | B2B marketplace offering diversified products | - | - | 57/100 |
4th | Online platform offering procurement and supply chain solutions | $40.3M | 55/100 | ||
5th | Marketplace platform offering multi-category products and services for businesses | $40M | 55/100 | ||
6th | B2B marketplace offering multi-category products | - | - | 54/100 | |
7th | Online platform for buying and selling industrial products and services | - | - | 54/100 | |
8th | Provider of a B2B procurement marketplace | $857K | 52/100 | ||
9th |  IndustryBuying 2013, Delhi (India), Series C | B2B marketplace platform offering multi-category products | $26.4M | 50/100 | |
10th | Online B2B marketplace offering multi-category products | - | - | 46/100 |
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WCube's Latest cap tables and shareholding
Founders (largest shareholder) own 82.80%, Funds own 2.32%, Enterprises own 2.05% and Angels own 12.87%. The net worth of WCube's founders is INR 228Cr as of Dec 12, 2022.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 82.80% | 228Cr | 3425204 | 4788396 | 9582259 | 6702576 |
7052541 | 5342931 | 5361660 | 4419873 | 1009210 | 1505064 | |
4631399 | 9614964 | 6583397 | 7878808 | 4236711 | 5860145 | |
Fund | 2.32% | 6.37Cr | 49 | 53 | 47 | 47 |
0 | 0 | 0 | 0 | 0 | 0 | |
Enterprise | 2.05% | 5.63Cr | 17 | 12 | 74 | 45 |
Angel | 12.87% | 35.3Cr | 5437640 | 2795463 | 7857150 | 9719559 |
Total | 100.00% | 275Cr | 2552398 | 8239858 | 6762592 | 8238460 |
To unlock detailed Cap Table of WCube Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
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WCube's Investments and acquisitions
WCube has made no investments or acquisitions yet.
Reports related to WCube
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