COMPANY INTELLIGENCE PROFILE
Red Basil Technologies Private Limited
Gurugram-based B2B, zero-inventory marketplace ("Redbasil") for wholesale food/grocery supply to restaurants and cloud kitchens; incorporated Jan 2021, seed-funded, unlisted.
Red Basil Technologies, based in Gurugram, is a B2B, zero-inventory marketplace named "Redbasil" that supplies food and grocery items to restaurants and cloud kitchens. Incorporated in January 2021, the company offers a tech-driven approach allowing suppliers to showcase their products on digital storefronts without maintaining inventory. Seed funded and unlisted, it has raised approximately $777K to date. The company recorded a revenue of approximately Rs 10.3 Cr for FY2025.
AI-generated, may contain errors.
Business Overview
- Red Basil Technologies operates "Redbasil," a tech-driven, zero-inventory B2B marketplace for wholesale food and grocery supply to restaurants and cloud kitchens.
- The app lets food outlets procure supplies, staples such as mustard oil, sugar, rice, pulses, frozen meat, etc., while giving suppliers digital storefronts
- The company holds no inventory itself. HQ in Gurugram, Delhi NCR focus. Sources: Entrackr, Tracxn, IndiaMART, TheCompanyCheck.
Sector & Classification
NIC: "Other computer related activities (e.g. maintenance of websites, etc.)" — Group 631/class 62099-type computer/IT services. Sector prefix U72900 (computer & related services). Operationally a B2B food/grocery wholesale-tech marketplace. Source: Falconebiz, Tofler.
Directors & Key Management
Directors — source notes
Naman Dayal — DIN 09035814, Director, appointed 20 Jan 2021 (Founder & CEO). Confirmed by Tofler, Falconebiz, TheCompanyCheck. Shivank Shukla — DIN 10982391, Director, appointed 30 Sep 2025 (Founder & COO). Source: Falconebiz, TheCompanyCheck (TCC gave appointment 31 Jan 2025 — date conflict between sources). Amit Khanchi — DIN 08914083, listed as director by Tofler (Founder & CTO); not shown in current Falconebiz/TCC director list, suggesting he may have ceased to be on the board or the sources differ. Treat as partial. Gaurav Pal — named a co-founder in press/Tracxn but not confirmed as a registered director; DIN not obtained. Founder roles from Tracxn/SuperAGI: Naman Dayal (CEO), Amit Khanchi (CTO), Shivank Shukla (COO), Gaurav Pal (co-founder).
GST Registrations
Primary GSTIN: 06AAKCR7582F1Z0 (Haryana, state code 06). Embedded PAN: AAKCR7582F. Source: single web-search surfacing of gstserver/mastersindia data — could not be re-verified on a live knowyourgst/findgst individual page (404/500 at fetch time), so PARTIAL/unconfirmed. Home state: Haryana. Number of registrations: not obtained (likely single-state). Status: not independently confirmed (presumed Active).
Financials
Red Basil Technologies Pvt Ltd achieved a 553% YoY revenue growth in FY2024 to approximately Rs 11.01 Cr. In FY2025, revenue declined 6.49% YoY to around Rs 10.3 Cr with a 190.6% increase in net profit. Net worth decreased by 7.96%, and borrowings rose by 47.15%. Total assets grew 3.46%.
AI-generated, may contain errors.
- Standalone, only entity; no evidence of subsidiaries → consolidated = standalone. Absolute figures largely paywalled on Tofler/TheCompanyCheck.
- FY2024, year ended 31 Mar 2024: Total revenue ~Rs 11.01 Cr, up ~553% YoY, Source: TheCompanyCheck. This is the strongest hard figure obtained.
- FY2025, year ended 31 Mar 2025, latest audited; last balance sheet filed 31 Mar 2025: Total revenue down ~6.49% YoY, implies ~Rs 10.3 Cr, derived/approx
- EBITDA down ~6.6%
- Net profit up ~190.6% YoY
- Net worth down ~7.96%
- Total assets up ~3.46%
- Borrowings up ~47.15%. Ratios: Net profit margin 7.03%, ROE 7.53%, Debt-to-Equity 0.18, ROCE -2.41%, Operating margin -0.13., Source: Tofler.
- Absolute EBITDA / PAT / net worth / borrowings values: not obtained (paywalled).
- Total external funding raised to date ~$0.78M (see funding).
Funding History
| Total raised ~$777K across 2 rounds from ~44 investors, Tracxn/CBInsights. | |
| Seed round | 8 June 2022, ~$330K, led by Mumbai Angels; participants include SAT Industries Ltd (SAT Industries), PlanB Capital and others, Source: Entrackr. |
| Seed VC-II | ~24 July 2023, South Asia Technology among investors (Source: Tracxn). |
| Use of funds | expand Delhi-NCR ground/sales operations and tech/engineering., Tracxn used only for round names/dates per source rules. |
Loans & Charges
- None found on the registry pages fetched, Falconebiz showed no charges; Tofler charge section paywalled.
- Borrowings reportedly rose ~47% in FY2025 (Tofler ratios) which may imply loan facilities, but no specific registered charge/lender obtained.
- Treat as none-found / partial.
Legal & Compliance
- No litigation found on Indian Kanoon — search for "Red Basil Technologies" returned zero matching results. None found.
Competitive Landscape
- B2B restaurant/food-supply marketplaces in India: HyperPure by Zomato, large, Zomato/Eternal-owned
- Jumbotail / J24 (large, funded)
- Udaan, large B2B e-commerce
- Ninjacart, large, agri/fresh B2B
- Captain Fresh, large, seafood/protein B2B
- Reshamandi/Peppertap-type niche players (small). Redbasil sits at the small/early-stage end. Named peers most comparable: HyperPure, Jumbotail, Ninjacart, Captain Fresh.
Frequently Asked Questions
What does Red Basil Technologies do?
Red Basil Technologies operates 'Redbasil,' a tech-driven, zero-inventory B2B marketplace for wholesale food and grocery supply to restaurants and cloud kitchens. The app allows food outlets to procure supplies like mustard oil, sugar, rice, pulses, and frozen meat while giving suppliers digital storefronts. The company does not hold any inventory itself.
When was Red Basil Technologies incorporated?
Red Basil Technologies was incorporated on 20 January 2021.
What is the CIN of Red Basil Technologies?
The CIN of Red Basil Technologies is U72900HR2021PTC092328.
What is the GSTIN of Red Basil Technologies?
The primary GSTIN of Red Basil Technologies is 06AAKCR7582F1Z0 for the state of Haryana. Note that this GSTIN information could not be independently confirmed at this time.
Where is the registered office of Red Basil Technologies located?
The registered office of Red Basil Technologies is located at 359, DLF Phase-1, Sector-28, Sadar Bazar, Gurgaon, Haryana, India - 122001.
Information compiled from public registry and secondary sources. It may be incomplete or dated; verify independently before relying on it.