COMPANY INTELLIGENCE PROFILE
Shopclients Consultancy Services Private Limited
Bengaluru-based B2B packaging-procurement startup (brand: BazaarNXT) serving food-service and restaurant clients.
Shopclients Consultancy Services Private Limited, operating under the brand BazaarNXT, is a Bengaluru-based B2B packaging-procurement startup serving the food-service and restaurant sectors. It offers a procurement marketplace for packaging materials with over 400 SKUs and reported clients like Swiggy and FoodPanda. Despite reported brand inactivity, the company is officially active as per MCA. It has approximately US$1.08M in funding and reported a notable FY2020 revenue growth. The firm holds one open charge of ₹1.9 Crore.
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Business Overview
- Operates the "BazaarNXT" platform, a B2B packaging-materials procurement marketplace for the food-services sector.
- Positions itself as a one-stop procurement shop offering 400+ SKUs, meal containers, carry bags, aluminium foil, tissue, sustainable/eco packaging, to restaurants and food-delivery players
- Reported clients include Swiggy and FoodPanda, source: YourStory/WebSearch.
- Business model included a "Fulfilment Centre Partner" micro-entrepreneur network for last-mile distribution within 5-6 km radii.
- Originally incorporated as ShopClients Consultancy Services (2017), rebranded to BazaarNXT ~2019.
- Winner, India 500 Startup Awards 2020
- DPIIT-recognised startup, source: TheCompanyCheck, india5000.
Sector & Classification
Business/consultancy services; operationally B2B packaging-materials procurement (food-service). NIC code not obtained; Tofler classifies as "Business Services".
Directors & Key Management
Directors — source notes
CONFLICT across sources — reconciled below. Current (TheCompanyCheck + Falconebiz agree): - Shivanna Dhananjaya — Director, appointed 31 May 2017 — DIN 07635328 (DIN per Tofler). Co-founder ("Dhananjaya S"); company email dj@bazaarnxt.com. CONFIRMED. - Karteek Sirinomula — Additional Director, appointed 25 Oct 2024 — DIN not obtained. PARTIAL (single-source class). Also listed by Tofler (as of its snapshot, tenure ~6 yrs — may be historical/resigned): - Suresh Ayodya Mahadevan — DIN 03511045. - Raja Vikram — DIN 07480659 (co-founder "Vikram Raja"). Founders per YourStory: Dhananjaya S, Gaurav Badarkhe, Vikram Raja, Deviprasad Uppala (Badarkhe & Uppala not seen as current directors). Director set is PARTIAL: Tofler shows 3, TheCompanyCheck/Falconebiz show 2 (incl. the recent Oct-2024 addition), implying Suresh Mahadevan and/or Raja Vikram may have resigned — not independently confirmed.
GST Registrations
Primary GSTIN: 29AAYCS7493Q1ZO (Karnataka), registered 15 Sep 2017, status Active/Regular, "Supplier of Services, Others" (source: knowyourgst). PAN: AAYCS7493Q. Home state: Karnataka. Number of registrations under this PAN: 2 — 29AAYCS7493Q1ZO (Karnataka) and 36AAYCS7493Q1ZT (Telangana). CONFIRMED (knowyourgst individual GSTIN page).
Financials
Shopclients Consultancy Services Private Limited saw a massive revenue increase of 1,762.33% in FY2020, reaching ₹8.92 crore, with a net profit margin of 40.8%. The company boasted a ROE of 157.01% and a debt-free status. The latest full financials are from FY2020.
AI-generated, may contain errors.
| Standalone, MCA filings via Tofler/TheCompanyCheck, figures limited by paywall: | |
| FY2020, year ended 31 Mar 2020 | Total Revenue ₹8.92 Cr, up 1,762.33% YoY, i.e. a very small FY2019 base. Net profit margin 40.8%, operating margin 35.16%, ROE 157.01%, ROCE 228.4%, Debt-to-Equity 0.0, all per Tofler, FY2020. |
| FY2021/FY2022/FY2023 | revenue, EBITDA, PAT, net worth and borrowings are behind paid access — NOT OBTAINED. |
| Last audited financials filed | TheCompanyCheck says year ended 31 Mar 2023, last AGM 30 Sep 2023 per Tofler |
| A separate WebSearch summary said returns filed up to 31 Mar 2021 — CONFLICT on last-filed year. Standalone only, no consolidated known. PARTIAL. | |
Funding History
- Reported total ~US$1.08M across ~4 seed/angel rounds
- Latest round ~US$658K in April 2021, source: WebSearch aggregating Tracxn/Dealroom/Crunchbase.
- Source totals conflict, range cited US$450K–US$1.08M.
- Individual round names/investor names NOT OBTAINED, Crunchbase and YourStory pages returned HTTP 403.
- PARTIAL.
Loans & Charges
- One open charge: ₹1.9 Crore, created 12 Jan 2020, charge holder IKSHAVAKU SOFTWARE VENTURES INDIA PRIVATE LIMITED, source: Tofler; TheCompanyCheck corroborates amount/date but lists holder as "Others".
- No satisfied charges listed.
- Total open charges ₹1.9 Cr.
- CONFIRMED, amount/date, 2 sources
- Holder PARTIAL.
Competitive Landscape
- B2B procurement / packaging peers: Bizongo, packaging & B2B supply-chain, large/well-funded
- Moglix, industrial B2B commerce, unicorn/large
- OfBusiness, B2B raw-material commerce, large
- ProcMart, B2B procurement, mid-stage
- Zetwerk, manufacturing/procurement marketplace, large. Closest by category, food-service/packaging procurement, is Bizongo. Scale tags approximate.
Frequently Asked Questions
What does Shopclients Consultancy Services Private Limited do?
Shopclients Consultancy Services Private Limited, operating under the brand BazaarNXT, is a Bengaluru-based B2B packaging-procurement startup serving food-service and restaurant clients. It offers a marketplace for procurement of packaging materials such as meal containers, carry bags, aluminium foil, tissue, and sustainable packaging.
What is the Corporate Identification Number (CIN) of Shopclients Consultancy Services Private Limited?
The CIN of Shopclients Consultancy Services Private Limited is U74999KA2017PTC103493.
What is the GSTIN of Shopclients Consultancy Services Private Limited?
The primary GSTIN of Shopclients Consultancy Services Private Limited is 29AAYCS7493Q1ZO, registered in Karnataka on 15 September 2017.
When was Shopclients Consultancy Services Private Limited incorporated?
Shopclients Consultancy Services Private Limited was incorporated in the year 2017.
What is the registered office address of Shopclients Consultancy Services Private Limited?
The registered office address is No. 318/296/6, 1st Floor, 1st Sector, 7th Cross, 24th Main, HSR Layout, Bangalore, Karnataka 560102.
Sources
Tofler (company page, CIN U74999KA2017PTC103493); TheCompanyCheck (same CIN); Falconebiz (CIN lookup); knowyourgst individual GSTIN page (29AAYCS7493Q1ZO); WebSearch aggregations of YourStory, Tracxn, Dealroom, Crunchbase (funding/business); india5000 (2020 award).
Information compiled from public registry and secondary sources. It may be incomplete or dated; verify independently before relying on it.