Company Intelligence Profile
Bhagwandas Retail Private Limited
Noida-based B2B wholesale marketplace (brand: Lal10) connecting Indian artisans and MSMEs to global apparel/home-furnishing buyers.
Last updated 4 August 2026
Bhagwandas Retail Private Limited, trading as "Lal10," is a Noida-based B2B wholesale marketplace connecting Indian artisans and MSMEs with global buyers in apparel and home furnishings. Founded in 2017, the company supports over 2,292 MSMEs and reported revenue of approximately INR 14.37 Cr in FY2024. It has raised approximately $7.11M across multiple funding rounds.
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
See what AICA knows about Bhagwandas Retail
Deeper analysis, financial signals and peer comparisons.
Company Identity
| Registered name | Bhagwandas Retail Private Limited |
|---|---|
| CIN | U74120UP2014PTC065536 |
| PAN | AAGCB0517N |
| Status | Active (Private, Non-government company), DPIIT-recognised startup |
| Listing | Unlisted |
| Incorporated | 19 August 2014 |
| ROC | RoC Kanpur (Uttar Pradesh) |
| Sector (NIC) |
|
| Registered address | A-77, Gail Apartment, Block B-9/1, Sector-62, Gautam Buddha Nagar, Noida, Uttar Pradesh, India - 201309 |
| Authorized capital | INR 14,00,000 (Rs. 14 lakh) |
| Paid-up capital | INR 2,25,117 (Rs. 2.25 lakh) |
Business Overview
- Trading as "Lal10" (pronounced "lalten"/lantern), the company operates an online B2B wholesale marketplace founded in 2017 by Maneet Gohil, Sanchit Govil and Albin Jose, though the corporate entity was incorporated in 2014
- Lal10 connects Indian rural artisans and MSMEs (reported figures range 1,800-8,700+ artisans/SMEs across 23-28 districts/states, depending on source and date) with global buyers/brands/retailers, offering ~30,000 SKUs (apparel, handbags, home furnishings, lampshades) with low-MOQ, ready-to-ship sourcing and shipping to 18+ countries
- The company is also a manufacturer/trader/exporter of jute bags, wooden puzzles, hand-loom sarees, handloom fabric and cushion covers
- Positions itself as a "manufacturing enablement platform" supporting 2,292+ MSMEs with reported $600M annual production capacity across 7 production centers
- Source: lal10.com, YourStory, TheCompanyCheck
Directors
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Sanchit Govil | 07442763 | - | 5 May 2016 |
| Maneet M Gohil | 06921858 | - | 19 Aug 2014 |
| Albin Anto Jose | 10366871 | Director & Co-founder | 15 Dec 2023 |
| Eva Helene Yazhari | 10402807 | - | 15 Dec 2023 |
GST Registration
| GSTIN | State | PAN | Status |
|---|---|---|---|
| 09AAGCB0517N1ZK | Uttar Pradesh | AAGCB0517N (source: Tofler; consistent with GSTIN prefix 09AAGCB0517N1ZK) | Active |
Primary GSTIN: 09AAGCB0517N1ZK (state code 09 = Uttar Pradesh), status Active — sourced via WebSearch aggregation citing PAN-matched GST record; not independently verified on a dedicated knowyourgst/findgst individual GSTIN page, so rated partial. PAN AAGCB0517N matches the GSTIN prefix, giving cross-consistency. Number of state registrations beyond UP: not obtained.
Financials
- Revenue ~INR 14.37 Cr. FY2025 (year ended 31 Mar 2025): Revenue in the INR 10-50 Cr band (broad range only, per aggregated search/IndiaFilings-style source) — not precise enough to confirm exact figure. EBITDA, PAT, net worth and total borrowings figures were behind a paywall/"locked" on TheCompanyCheck and not obtained elsewhere — reported as "not obtained." Standalone vs consolidated basis not specified in available sources. Auditor: RSMA & Company
Funding
- Lal10 (the brand, corporate entity presumed to be Bhagwandas Retail Pvt Ltd) has raised a total of ~$7.11M across 7 rounds from 58 investors
- Seed round: $4M in May 2022, led by Yuj
- Earlier Seed participation from Sorenson Impact (first investment Aug 2019)
- Latest disclosed round: Series A on 6 Oct 2023, amount undisclosed, lead investor Beyond Capital Ventures, 4 participants
- Total of 32 institutional investors reported
- Figures are Tracxn-sourced (used here only for round names/investor names per instructions) and not cross-verified against a primary filing — treat as partial
Charges & Borrowings
- Open charges totaling ~INR 4.01 Cr; satisfied/closed charges ~INR 2.65 Cr; most recent charge of INR 1 Cr created 26 Dec 2023, status Open
- Lender name(s) not obtained
Competitors
Frequently Asked Questions
What does Bhagwandas Retail Private Limited do?
What is the CIN of Bhagwandas Retail Private Limited?
Where is Bhagwandas Retail Private Limited registered?
When was Bhagwandas Retail Private Limited incorporated?
Recur Market
Which lenders fit a company like Bhagwandas Retail Private Limited?
Answer a few questions about your business and see which banks and NBFCs match, with indicative rates.
More on Recur Club
Recently added companies
Explore on Recur Club
More from Recur Club
Looking for business funding?
Recur Club is India's largest AI-native debt platform - working capital, term loans and structured debt from 150+ lending partners, without diluting equity.