Ebutor

About

Ebutor is an "Electronic Distributor" that enables global brands conquer the digital economy and secure their growth through the next decade. Ebutor Distribution Private Limited is an unlisted private company. It was incorporated on 02 January, 2016 and is located in Hyderabad, Telangana. It is classified as a private limited company.The company has three directors - Sudheer Reddy Mareddi, Serampally Vijaya Reddy, and others
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Startup Story

The registered office of the company is at H.NO.11-13-184/16/4, PLOT 25/6, ROAD NO.3 GREEN HILLS COLONY, SAROORNAGAR, HYDERABAD, Hyderabad, Telangana.
The total paid-up capital is INR 10.30 cr. The last reported AGM (Annual General Meeting) of the company, per our records, was held on 30 September, 2019. Also, as per our records, its last balance sheet was prepared for the period ending on 31 March, 2019.The company has 3 directors and 1 reported key management personnel.

The longest serving directors currently on board are Serampally Vijaya Reddy and Pichamma Mandadi who were appointed on 02 January, 2016. They have been on the board for 4 years and 1 months. The most recently appointed director is Sudheer Reddy Mareddi, who was appointed on 01 October, 2019.

Sudheer Reddy Mareddi has the largest number of other directorships with a seat at a total of 9 companies. In total, the company is connected to 10 other companies through its directors.


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Revenue
Ebutor Distribution Private Limited is a Private incorporated on 02 January 2016. It is classified as Non-govt company and is registered at Registrar of Companies, Hyderabad. Its authorized share capital is Rs. 110,000,000 and its paid up capital is Rs. 102,982,864. It is inolved in Wholesale on a fee or contract basis. [Includes commission agents, commodity brokers and auctioneers and all other wholesalers who trade on behalf and on the account of others. Activities of self employed auctioneers are included in 74991.]

Ebutor Distribution Private Limited's Annual General Meeting (AGM) was last held on 29 September 2018 and as per records from Ministry of Corporate Affairs (MCA), its balance sheet was last filed on 31 March 2018.


Ceo
Sanjay Baral - CEO - Ebutor
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Meesho


About

Meesho could expand its service delivery to support its seller base with telephony. - The CZ Bar and Zendesk CRM integration allows for their agents to access multiple functionalities from a single screen. The CZ Bar helps their agents save time by accessing the calling functionality from the CRM screen and also helps keep their data centralized. - The robo call functionality has automated their information delivery system - The DTMF input based C-Sat mechanism helps Meesho collect seller feedback with simple press 1, press 2 format

Startup Story 

Meesho is creating the next big e-commerce distribution channel via homepreneurs selling on WhatsApp, Facebook, and Instagram. Meesho boasts a strong network of 50,000+ homepreneurs spanning across 500 cities in India.
All functions especially category, product, and customer experience teams were heavily dependant on the Data Analytics team for insights on all core metrics. Meesho’s data rested mostly on MySQL, Mixpanel, and Facebook. With data residing in multiple disconnected silos, data collation, transformation, and manual report generation were increasingly becoming a pain. Additionally, creating reports on excel would take hours if not more to churn data, limiting the productivity of the Data team.Meesho set up their data warehouse with Redshift which is now their single source of truth. The option to build a custom ETL solution in-house was ruled out as it came with a lot of overheads. The team did not want to move the focus of engineering from core objectives. Meesho decided to look out for a modern ETL solution that would extract the data from siloed sources, transform them on the fly and move into Redshift. Hevo simplified their data integration process with its ready connectors and hassle-free data movement experience.
Once Meesho settled on Hevo, it took them less than 10 days to set the ball rolling. Chushul, Meesho’s Head of Data himself was able to set up the pipelines without any engineering bandwidth as the set up included only a handful of easy steps: connecting the sources to Hevo, writing relevant transformations, and finally mapping the output to Redshift.
Hevo streamlined the data pipelines at Meesho, directly impacting the data visibility across all business users. With a front-end reporting tool (Metabase) all teams track their core metrics and create custom reports in real-time on the data made available by Hevo.

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Revenue
A large part of the company's expenses went towards employee salaries, logistics, marketing and reseller bonus, discounts, rewards and reimbursement. BENGALURU: Social commerce startup Meesho reported revenue of Rs 84 crore for the financial year ended March 31, up from Rs 6 crore in the corresponding period last year.

Ceo
Vidit is co-founder and CEO of Meesho. Meesho is a platform in India that allows people to resell products using their social networks.
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Milk Basket


About

Launched in early 2015, Milkbasket is India’s first and largest daily micro-delivery service. Built on the unique Indian habit of getting fresh milk delivered at home every morning, Milkbasket (accessible on milkbasket.com, iOS and Android) is today fulfiling the entire grocery needs of a household everyday before 7:00 a.m . To enable frequent and friction- less buying, Milkbasket has innovated flexi ordering and contactless delivery - both a first in the ecommerce industry - and favourites of Milkbasket customers.

Startup Story

What this also symbolises is the extreme customer centricity, which has allowed Anant and his team to uncover nuances in customer behaviour and build a unique and innovative product addressing those needs. Anant Goel, a 3X Entrepreneur, is the co-founder and CEO of Milkbasket. Built on the unique Indian habit of getting fresh milk delivered at home every morning, Milkbasket is fulfilling the entire grocery needs of a household every day before 7 AM. He is a firm believer that execution is the key to a startup's success. A testament to their operational excellence, Milkbasket has fulfilled in excess of 5 million orders with a 99.3 percent fulfillment rate. The industry average for other Indian ecommerce players is estimated to be 87–89 percent. Back in August 2016, the grocery delivery space had macro-level headwinds when major grocery and hyperlocal delivery players had just gone out of business. A lot of our peers didn’t want to invest in Milkbasket, not because of their performance, but because the sector wasn’t attractive anymore. During this testing period, Milkbasket’s customers not only continued to do business with them but also pitched in with funding to save the business, when they were running out of money.

 Anant Goil says- 

We want to get to a point where the customer really doesn’t have to buy from us. We want to take the burden of remembering and ordering repeat purchase items like grocery, off the list. Traditionally, hardly anyone sees their newspaper delivery man actually deliver the newspaper. That is because you don’t need to check the quality of the newspaper and you trust him to deliver it on time. This is exactly the insight on which we built our contactless delivery model, where deliveries happen between 5–7 am, which improves a customer’s experience significantly. We, in the process, save on a lot of costs that come with traditional ‘attended’ last-mile delivery where the customer physically verifies the order. This has further to be backed up with consistency and quality, something which we take very seriously.At a business level, customers with recurring orders, order 2X more than other users, as they order over and above the pre-set orders. About 70–75 percent of our users have at least one recurring order set on the platform. In today’s time-crunched world, where everyone wants more social and family time, we want to give the customer the freedom from spending time on mundane repeat purchases. It is easy to give discounts but 30 percent off on atta is not solving a problem for the customer! A real-world validation of this is a Milkbasket power user who has automated almost all her household chores and hence has free time for other tasks. She has set 21 recurring orders on Milkbasket- ranging from a loaf of bread every two days to a Surf Excel every month.
We don’t compare ourselves to a Hypermart, we compare ourselves to your next door mom-and-pop corner grocery store. Even with 2,000 SKUs, it magically fulfills your entire household needs. While it does not pamper you, it also does not leave you disappointed when you need something. It may not have five varieties of Kellogg’s cornflakes but it would have the highest selling flavours stocked. On similar lines, we believe that essential items (like cornflakes, eggs, bread, ketchup or deodorant) should be inventory based and available so that it can be delivered in the morning. On the other hand, anything that we believe is more like a choice, a long tail of SKUs for customer delight, we do not stock as sales are low. For such products, we do local tie-ups where we can source products.

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Revenue
Milkbasket, which already offers delivery of over 9,000 products across FMCG, dairy, fruits and vegetables categories, currently has an average revenue run rate (ARR) of about USD 50 million. "This is Milkbasket's first attended delivery service, given that all existing daily deliveries (over 75,000) are contactless

Ceo

“In 2015, Milkbasket was created as India's first micro-delivery service for today's busy households to fulfil their grocery needs by eliminating the hassles associated with traditional offline and online grocery buying," said Anant Goel, co-founder and chief executive officer, Milkbasket.

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Pharm Easy


About

One of India’s leading healthcare apps, PharmEasy, recently launched a huge promotion campaign on the catchy theme of ‘Take it easy PharmEasy’, inspired by a hit movie song that goes well with the brand’s vision of ‘pharmacy made easy’. The objective was to build brand awareness and analyze the impact of their brand campaigns both on TV and digital. PharmEasy partnered with Zapr, India’s only TV audience engagement platform, to achieve its objective in three ways:

Startup story

In the last three decades, the pharmaceutical sector in India has seen exponential growth with India emerging as the world’s third largest producer of drugs in terms of volume. According to a news report, India is now among the top five emerging pharmaceutical markets of the world.
The pharmaceutical sector in India was valued at $33 billion in 2017 and it is expected to reach $55 billion. Given the recent spurt in growth, the country is expected to be among the top three pharmaceutical markets and the sixth largest market globally in size by 2020.
Amidst the rapid growth, we have seen the rise of the e-pharmacy market in India which has captured around 1% of the pharma market share and is estimated to reach $3 billion by 2024, Kuick Research indicates. Currently, there are 30 online pharma players operating in this area and the key role played by these new-age consumer internet companies lies in bridging the accessibility and affordability factor for customers.In the last three decades, the pharmaceutical sector in India has seen exponential growth with India emerging as the world’s third largest producer of drugs in terms of volume. According to a news report, India is now among the top five emerging pharmaceutical markets of the world.
The pharmaceutical sector in India was valued at $33 billion in 2017 and it is expected to reach $55 billion. Given the recent spurt in growth, the country is expected to be among the top three pharmaceutical markets and the sixth largest market globally in size by 2020.
Amidst the rapid growth, we have seen the rise of the e-pharmacy market in India which has captured around 1% of the pharma market share and is estimated to reach $3 billion by 2024, Kuick Research indicates. Currently, there are 30 online pharma players operating in this area and the key role played by these new-age consumer internet companies lies in bridging the accessibility and affordability factor for customers.
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Revenue
PharmEasy's revenue more than tripled in FY18 to ₹116 crore from about ₹33 crore in FY17, but losses widened to ₹97 crore from ₹48 crore, according to the company's latest corporate filings accessed from the Registrar of Companies 
Ceo
Dharmil Sheth is the Co-founder an CEO at PharmEasy
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Policy bazaar


About
Back in 2008, insurance customers in India were facing a tough time. There was lack of information on products, transparency was missing, mis-selling was rampant, there was a high lapse rate of insurance policies and consumers felt a general apathy towards the insurance industry. Insurance companies made profits from policy surrender charges and the entire industry was mired in murkiness.
That is when a small bunch of people, with no insurance experience, started re-imagining what the insurance space could be. They imagined a place where consumers could find completely transparent insurance information, and an option to research and compare insurance products so they could buy what they really wanted to. A place where all communications would be recorded so that there would be a clear audit trail of who said what in a product as complex as insurance. A place that provided a common service layer for all consumer services and claims.
With this grand ambition as their life goal, this motley crew of people started their journey into what is now Policybazaar.com.

Startup Story
Policybazaar.com is an aggregator website, which helps customers to research and compare the features of different insurance policies within a category, hence enabling them to make an informed choice.
The company has tied up with insurance brokers which help them procure information such as price, benefit, insurance cover etc directly from the insurers for the customer to compare. Basis the information provided by the platform, the customer then chooses the best option. PolicyBazaar does not charge from its customer anything for their service. Our revenue comes from fixed marketing and advertisement fee from the insurance companies.PolicyBazaar.com is an aggregator website, which helps customers research and compare the features of different insurance policies within a category, hence enabling them to make an informed choice. The company has tied up with insurance brokers which help them procure information such as price, benefit, insurance cover etc directly from the insurers for the customer to compare. Based on the information provided, the customer then chooses the best option. It doesn't charge customers anything for this service.

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Revenue
In March 2013 company hosted its first round of funding and raised 4.6 million Dollars from Intel Capital and Inventus Capital Partners. Then after one month, the second round of funding happened the event was led by Inventus Capital Partners. The company has raised 5 million dollars in this round from Inventus Capital Partners, Info Edge, and Intel Capital.
In May 2014 the company raised 20 million Dollars in the third round of funding led by Tiger Global Management. Then in April 2015, In Series D fourth-round lead by PremjiInvest PolicyBazaar raised 40 million dollars of funding from Premji Invest, Tiger Global Management, Ribbit Capital, Steadview Capital, ABG Capital.
Ceo

Yashish Dahiya:

Yashish Dahiya holds a Bachelor’s Degree in Engineering from IIT Delhi, a Post Graduate Diploma in Management from IIM Ahmedabad, and an MBA from INSEAD. He started his career as a Business Unit Head at Illinois Tool Works and later moved on to Bain & Co. to work as a Management Consultant. Before starting his entrepreneurial journey with PolicyBazaar.com, Yashish Dahiya worked with First Europa, a Global Online Insurance Broker, as their CEO.
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Share Chat

About

ShareChat is an Indian social media startup.[1][2][3] It was incorporated by Mohalla Tech Pvt Ltd on 8 January 2015, and offers the content consumption and sharing platform only in Indian vernacular languages to cater to over 1.17 billion wireless network users of India. As of Q2 2019, ShareChat has over 60 million monthly active users. After its last funding round in August 2019, ShareChat was valued at $650 million


Startup Story

ShareChat’s holding company, Mohalla Tech Pvt Ltd, was incorporated in January 2015 by three IIT Kanpur graduates[6][7][8] — Ankush Sachdeva, Farid Ahsan and Bhanu Pratap Singh. The company is headquartered in Bengaluru, Karnataka, and presently employs close to 130 people as of March 2019.[9]
Initially, ShareChat primarily worked as a content sharing platform, without any scope of users generating their own content. In April 2016, ShareChat enabled user-generated content creation on its platform, allowing its users to share their own posters and creative content. At around the same time, it also introduced open tagging for users, which would allow anyone to create their own hashtags depending on the content.[10]
As of September 2019, the key people at the hierarchy of ShareChat include Ankush Sachdeva (co-founder and Chief Executive Officer), Farid Ahsan (co-founder and Chief Operating Officer), Bhanu Pratap Singh (co-founder and Chief Technical Officer), Sunil Kamath (Chief Business Officer), Venkatesh Ramaswamy (Vice President - Engineering) and Debdoot Mukherjee (Vice President - Data Science). All of the co-founders featured in Forbes’ 30 under 30 Asia 2018, having been recognized for their work with the vernacular social media platform

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Revenue
BENGALURU: Mohalla Tech, the owner of ShareChat, reported Rs 25.8 crore of revenue for the fiscal year ended March 2019, regulatory filings show. This entire income came from what the company called “other income”, as it reported no revenue from operations

Ceo

In his role as CEO of ShareChat, Ankush wears multiple hats as he oversees the Product Management and is responsible for the overall Growth Strategy and Vision of the company. With a keen focus on product behaviour, he takes pride in tackling some of the key challenges in the yet-to-be-solved vernacular social space. An alumnus of the Indian Institute of Technology, Kanpur, Ankush has a B.Tech degree in Computer Engineering.
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Nyka

About

Since its inception in 2012, Nykaa has quickly emerged as India’s largest omnichannel beauty destination with millions of happy customers across the country. From bringing you your favorite brands and keeping you up-to-date with the latest beauty trends, expert advice and videos, to more than 30 Luxe and On-Trend Stores, an ever growing online community for beauty buffs, and a Beauty Helpline, we go out of our way to give you only the very best. With 1200+, 100% genuine brands, and six warehouses across India that stock lakhs of well curated, well priced products, Nykaa offers a comprehensive selection of makeup, skincare, hair care, fragrances, personal care, luxury and wellness products for women and men.

Startup Story

Nykaa a private company was founded by Falguni Nayar in 2012.After Falguni left Kotak Mahindra, she started seeking opportunities to become an entrepreneur.
 Falguni Nayar got the idea of starting Nykaa when she once walked into a Sephora store. She was amazed by the variety of brands available at the store.She bought products worth hundreds of dollars. The sales associates showed her the best way to use them.They recommended her best beauty products without any bias.She felt that there is a dearth of multi-brand chains in India in beauty and wellness.
 At the age of 50, Nayar gave up her stellar career at Kotak Mahindra and turned into an entrepreneur.
The brand Nykaa came in to existence in 2012 when Falguni Nayar was looking for business opportunity in India and she noticed a huge gap in the beauty products markets in India as India was lagging far behind other countries like Japan, France and European countries. However the data collected by her shows that the demand was on the top but there was very few places to get the genuine beauty products. So the ex-MD of Kotak Mahindra turned into an entrepreneur and launched Nykaa with her banker husband Sanjay Nayar.
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Revenue
Nykaa reported a revenue of approximately 157 million U.S. dollars. This was an increase of almost 80 percent compared to the previous fiscal year. Nykaa is an online multi-brand beauty and personal care products retailer.

Ceo
The founder of Nykaa, Falguni Nayar is a former managing director of Kotak Mahindra Capital Company.[4] The company raised money through multiple rounds of funding.



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Travel Triangle

About

Founded in 2011, TravelTriangle is India’s leading online holiday marketplace bringing both the travelers, and trusted & expert travel agents on a common platform. With the recent Series C funding of $12 Million from Nandan Nilekani and Sanjeev Aggarwal backed Fundamentum in early 2018, it is on its way of encompassing all the components of holiday eco-system through its highly innovative and technology-focused product. Besides, having already raised close to a cumulative funding of $20 Million from SAIF Partners, Bessemer Venture Partners and RB Investments put together, the company has already achieved operating profitability, and on track to become EBITDA profitable by next year.

Startup Story

From its bootstrapping days to angel funding to the next few rounds till now, it has been a long trek in the journey of Travel Triangle. “The journey was difficult. Initially, convincing the travel agents (suppliers) to use our software solutions proved to be a litmus test for us. Besides, bringing them on Travel Triangle’s platform was another challenging task,” says Sankalp. However, with the continuous effort and business conviction, it managed to take off the business. And within seven months, it was clocking a revenue of Rs 1.2 crore. Within a year, the startup raised an angel funding of Rs 60 lakh from a group of individual investors.

In the summer of 2010, three childhood friends Sanchit Garg, Prabhat Gupta and Sankalp Agarwal made a trip to Leh. It was a nice experience, and the trio were satisfied with the trip right until they started speaking to other travellers and found out that there were immense discrepancies in the travel package. Various travel agents were offering similar packages in different prices. They felt cheated.
The platform looked two ways to solve the problem of both the suppliers and consumers. For the former, it built a SaaS-based customer relationship management (CRM) platform to help them manage and analyse customer interactions and data, with the goal of improving business relationships with customers, assisting in customer retention and driving sales growth. “We solve the problem through technological innovation. Imagine a travel agent sitting in a Tier II town with just two employees. He receives 100 queries daily, and he has no clue out of these 100, which ones will convert the fastest. He has a pile of business prospects but no way to reach them. We at Travel Triangle have solved this problem first, by providing deep analytical insights on which are the most appropriate prospect they must reach, thus Travel Triangle delivers higher conversion rates at the least amount of effort,” says Prabhat Gupta, Co-founder and CTO, Travel Triangle.

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Revenue

And within seven months, it was clocking a revenue of Rs 1.2 crore. Within a year, the startup raised an angel funding of Rs 60 lakh from a group of individual investors. In July 2014, Travel Triangle raised pre-Series A investment of $1.7 million from SAIF Partners.



Ceo

Sankalp Agarwal - Cofounder & CEO - TravelTriangle

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Urban Ladder

About

In 2012, we started Urban Ladder with a vision - to make a million homes beautiful.
Back then, our catalogue featured just 35 designs. Yet, when our customers shared
photographs of their homes, we saw they were remarkably distinct. The same table, the
same chair was used differently by different people. This told us something. People
want their homes to be unique. We also realized that people are a lot happier creating
things than they are buying things. We are a creative, imaginative, expressive species.
And our homes are just one of the many canvases we have at our disposal.

Startup Story

The company started in August 2012, about eight months after Pepperfry and five months after FabFurnish and Zansaar had launched. In the last 12 months, the company has grown five times. What makes the company differentiator in the category is the core focus on the product. But when it comes for the competition, the problem is not with the vertical players but one need to worry about the competition coming from Amazon, Snapdeal or Flipkart who already have roughly 50 times more traffic than UrbanLadder.Interestingly, they discussed the idea with some investors, who seemed confident about it. It was December 2011 when both decided to resign from their corporate career to launch UrbanLadder. “We decided to move to Rajasthan to get a sense about the supply side and it took four months to spruce up backend such as website development, supply chain and initial team,” says Srivastava. The company went live in July 2012, though it had raised $1 million from Kalaari Capital.
The idea of UrbanLadder popped out from the pain point of the founders. While setting up their homes in 2010, Ashish Goel and Rajiv Srivastava faced difficulties in getting furniture. The duo kept discussing the problem for a month, but clashed the idea of ecommerce store around it, as furniture appeared to be a tough category to crack. During 2011, the duo kept meeting and discussing ideas for their venture, “At that time we thought of having online store for grocery but ultimately we froze on the idea of selling furniture,” says Srivastava.
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Revenue
Urban Ladder reported revenue of ₹ 204.73 crore, up just over 100% from ₹ 101.87 on a year-ago basis, according to documents filed by the company with the ministry of corporate affairs and sourced by business intelligence platform Paper.vc. Losses narrowed 74.44% to ₹ 117.32 crore from ₹ 459.11 crore.
Ceo

Urban Ladder Home Decor Solutions was co-founded by Ashish Goel (CEO) and Rajiv Srivatsa (CPTO) in July 2012. Ashish Goel previously worked with McKinsey & Company and served as the CEO of Amar Chitra Katha. Rajiv Srivatsa previously worked with Cognizant and Yahoo! before co-founding Urban Ladder.

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&me

https://andme.in/collections/all



About

From periods to pregnancy to menopause, women undergo unique life stages. Why? Because, Men and women have different hormonal constitution. While both have androgen and estrogen hormones, the ratio significantly differs. To nourish these different hormones that have unique skill sets in maintaining our body functions, women have different vitamins and minerals needs. e.g., adequate intake of calcium, iron, and folic acid are of special importance for women.

Further menstruation brings about unique demands on women.

Startup Story

&ME provides a range of Ayurveda-based nutritional bioactive beverages for women. The startup says its drinks are a combination of fruits, vegetables, spices, herbs, and flowers, with no added sugar or preservatives. It claims that the beverages take care of about 30% of the daily vitamin and mineral requirements of women, helping improve their skin and hair, with a special focus on PCOS/PCOD, along with fat metabolism, etc.

Though the startup did not mention the amount it has raised, it plans to use the funds to hire a senior management team, strengthen its distribution capacity, and also to explore options to expand beyond Bengaluru. Founded in 2017, &ME was earlier backed by Rohit MA, the MD of the Cloudnine Hospital chain based in Bengaluru.
Ankur Goyal, founder and CEO of &ME, said, “Consumers across the globe are steadily moving towards functional foods and beverages. We focus on specific use cases related to women’s lives. We use traditional ayurvedic philosophy in conjunction with modern nutrition guidelines. Our team is not only catering to women’s health but also striving to support the women’s empowerment movement.”
Sanjot Malhi, vice-president, Matrix India, said, “Given Ankur’s deep sectoral expertise and passion for food and beverages, we see a lot of potential in &ME to become a large F&B brand catering to changing healthier consumer lifestyles.”

&ME has categorised its beverages as ‘Grace’ under the Beauty category and ‘Rhythm’ under Lifestyle and Fitness. The company says, “Grace helps women rediscover their inner beauty through a range of micronutrients that help detoxify blood, cleanse skin, and strengthen hair and nails.”
‘Rhythm’ is a herbal drink that has ayurvedic herbs such as Shatavari and Ashwagandha, which help maintain hormonal balance of and help ease symptoms related to women’s menstrual cycles.
Video
https://www.youtube.com/watch?v=9CO6yEtliHU

Revenue
The company will be using the freshly raised capital to expand its team, scale operations nationally, and widen its product offering. According to ROC filings, Matrix invested Rs 5.6 crore.
Matrix Partners India recently closed its Fund III with a committed capital of over $300 million. It plans to continue investing in companies across seed, early-stage, Series A and B stages in different sectors.
Ceo
Ankur Goyal, founder and CEO of &ME, said, “Consumers across the globe are steadily moving towards functional foods and beverages. We focus on specific use cases related to women’s lives. We use traditional ayurvedic philosophy in conjunction with modern nutrition guidelines. Our team is not only catering to women’s health but also striving to support the women’s empowerment movement.”

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