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WCube - About the company

WCube is a seed company based in Gurugram (India), founded in 2019 by Udit Karan Chandhok, Akash Mittal 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 294 active competitors, including 21 funded and 4 that have exited. Its top competitors include companies like Moglix, Udaan and Solv.

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.
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
Key Metrics
Founded Year
2019
Location
Gurugram, India
Stage
Seed
Total Funding
$857K in 1 round
Latest Funding Round
Post Money Valuation
$***** as on Dec 12, 2022
Ranked
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2022
Employee Count
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 21 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
7473447
Seed
6189854
8654575
1390673
8533779
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WCube's founders and board of directors

Founder? Claim Profile
The founders of WCube are Udit Karan Chandhok, Akash Mittal and Saloni Tiwari. Udit Karan Chandhok is the CEO of WCube.
Here are the details of WCube's key team members:

WCube's Board of Directors

WCube's board has 3 active members. Udit Karan Chandhok and Akash Mittal are part of team and Vinay Chandhok is independent board member.
Here is the list of WCube's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
6y 8m
Team
-
Current
6y 8m
Independent board member
-
Current
3y 8m
hfmnbft
Independent board member
-
Past
7y 2m

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:
Employee count trend for WCube
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WCube's Competitors and alternates

Top competitors of WCube include Moglix, Udaan and Solv. Here is the list of Top 10 competitors of WCube, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Moglix
Moglix
2015, Singapore (Singapore), Series F
B2B e-commerce platform for industrial supplies
$471M
77/100
2nd
Logo for Udaan
Udaan
2016, Bengaluru (India), Series H
B2B e-commerce platform for wholesale trade and distribution
$2.12B
69/100
3rd
Logo for Solv
Solv
2019, Bengaluru (India), Acquired
Marketplace platform offering multi-category products and services for businesses
$40M
58/100
4th
Logo for DeoDap
DeoDap
2014, Rajkot (India), Unfunded
B2B marketplace offering multi-category products
-
-
55/100
5th
Logo for LOTS Wholesale
LOTS Wholesale
2017, Gurugram (India), Unfunded
Online retailer of various consumer goods, including food and household items
-
-
55/100
6th
Logo for Just Buy Live
Just Buy Live
2015, Mumbai (India), Series B
E-distribution platform connecting brands with retailers
$126M
54/100
7th
Logo for WCube
WCube
2019, Gurugram (India), Seed
Provider of a B2B procurement marketplace
$857K
52/100
8th
Logo for Beldara
Beldara
2018, Mumbai (India), Series A
B2B marketplace platform offering multi-category products
$7.4M
47/100
9th
Logo for JDmart
JDmart
2014, Mumbai (India), Unfunded
Online B2B marketplace offering multi-category products
-
-
47/100
10th
Logo for ProcMart
ProcMart
2015, Noida (India), Series B
Marketplace facilitating indirect procurement for maintenance repair and operations supplies
$43.3M
45/100
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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
8098970
8534283
3015542
2634946
3162802
5907342
2743495
6183526
4337105
7510644
6736288
8075725
7755092
6743212
8086323
1008671
Fund
2.32%
6.37Cr
47
24
41
69
0
0
0
0
0
0
Enterprise
2.05%
5.63Cr
31
91
45
94
Angel
12.87%
35.3Cr
8839120
1694573
7709991
1487617
Total
100.00%
275Cr
3370527
6422974
1925973
9134521
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of WCube's Shareholding

WCube's Investments and acquisitions

WCube has made no investments or acquisitions yet.

Reports related to WCube

Here is the latest report on WCube's sector:

News related to WCube

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