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.

CIN: U74120UP2014PTC065536ActiveRoC KanpurConfidence: medium

Last updated 4 August 2026

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AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.

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Company Identity

Confirmed
Registered nameBhagwandas Retail Private Limited
CINU74120UP2014PTC065536
PANAAGCB0517N
StatusActive (Private, Non-government company), DPIIT-recognised startup
ListingUnlisted
Incorporated19 August 2014
ROCRoC Kanpur (Uttar Pradesh)
Sector (NIC)
  • E-Commerce / Retail Trading
  • NIC classification varies by source — Tofler shows "Business Services / Retail Trading," one aggregator shows "Accounting, Book-Keeping and Auditing Activities
  • Tax Consultancy"
Registered addressA-77, Gail Apartment, Block B-9/1, Sector-62, Gautam Buddha Nagar, Noida, Uttar Pradesh, India - 201309
Authorized capitalINR 14,00,000 (Rs. 14 lakh)
Paid-up capitalINR 2,25,117 (Rs. 2.25 lakh)

Business Overview

Confirmed
  • 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

Partial / conflicting
NameDINRoleAppointed
Sanchit Govil07442763-5 May 2016
Maneet M Gohil06921858-19 Aug 2014
Albin Anto Jose10366871Director & Co-founder15 Dec 2023
Eva Helene Yazhari10402807-15 Dec 2023

GST Registration

Partial / conflicting
GSTINStatePANStatus
09AAGCB0517N1ZKUttar PradeshAAGCB0517N (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

Partial / conflicting
FY2024 (year ended 31 Mar 2024)
  • 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

Partial / conflicting
  • 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

Partial / conflicting
  • 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

Confirmed
GoCoop
similar B2B artisan-to-retailer marketplace, comparable early-stage scale
Okhai
women-artisan-led B2C/B2B brand, similar scale
The India Craft House
B2B artisan sourcing platform
AuthIndia
artisan/craft marketplace

Frequently Asked Questions

What does Bhagwandas Retail Private Limited do?
Noida-based B2B wholesale marketplace (brand: Lal10) connecting Indian artisans and MSMEs to global apparel/home-furnishing buyers.
What is the CIN of Bhagwandas Retail Private Limited?
The Corporate Identification Number (CIN) of Bhagwandas Retail Private Limited is U74120UP2014PTC065536.
Where is Bhagwandas Retail Private Limited registered?
Bhagwandas Retail Private Limited is registered with RoC Kanpur (Uttar Pradesh). Registered address: A-77, Gail Apartment, Block B-9/1, Sector-62, Gautam Buddha Nagar, Noida, Uttar Pradesh, India - 201309 (registered office per MCA filings; operational "House of Lal10" office listed separately at B-70, Sector-67, Noida)
When was Bhagwandas Retail Private Limited incorporated?
Bhagwandas Retail Private Limited was incorporated on 19 August 2014 (per Tofler and TheCompanyCheck; one aggregated search snippet said "19 Dec 2014" but this appears to be a transcription error — 2 of 2 direct-f….

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Disclaimer: Company information shown on this page is compiled from public records and third-party sources. It may be incomplete, outdated, or contain inaccuracies, and is provided for general informational purposes only. Please verify details independently before relying on them.