Company Intelligence Profile
Bizinbiz Technologies Private Limited
Bizinbiz Technologies Pvt Ltd, operating as Elchemy, is a Delhi-registered, Mumbai-based tech-powered cross-border B2B marketplace connecting Indian specialty-chemical manufacturers with global buyers, shipping to 13+ countries.
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
Company Identity
Confirmed| Registered name | Bizinbiz Technologies Private Limited |
|---|---|
| CIN | U24290DL2021PTC382855 |
| PAN | AAJCB9425C (derived from GSTIN 07AAJCB9425C1ZR) |
| Status | Active |
| Listing | No — unlisted private limited company |
| Incorporated | 28 June 2021 |
| ROC | RoC-Delhi |
| Sector (NIC) | NIC 24290 — Manufacture of other chemical products n.e.c. (per CIN). Operationally a B2B specialty-chemicals distribution / cross-border marketplace, not a manufacturer. |
| Registered address | 3/8, Second Floor, Asaf Ali Road, Above Dabur India Ltd, Darya Ganj, Central Delhi, New Delhi, Delhi, India, 110002 |
| Authorized capital | Rs. 11,50,000 (Rs. 11.5 lakh) |
| Paid-up capital | Rs. 7,95,010 (approx Rs. 7.95 lakh) |
Business Overview
Confirmed- Bizinbiz Technologies Pvt Ltd runs the brand "Elchemy" — a technology-driven cross-border B2B marketplace and distribution platform that connects Indian (and Southeast Asian) specialty-chemical manufacturers with international buyers, with a strong focus on the US market
- It offers end-to-end sourcing, quality management, real-time shipment tracking and automated export documentation, shipping cargo to 13+ countries
- Founded in 2021 by Hardik Seth and Shobhit Jain
- headquartered operationally in Mumbai, registered in Delhi
- DPIIT-recognised startup
Directors
Confirmed| Name | DIN | Role | Appointed |
|---|---|---|---|
| Hardik Seth | 09218840 | - | 28 Jun 2021 |
| co-founder/CEO). Shobhit Jain | 09218841 | - | 28 Jun 2021 |
GST Registrations
Partial / conflicting| GSTIN | State | PAN | Status |
|---|---|---|---|
| 07AAJCB9425C1ZR | Delhi | AAJCB9425C (derived from GSTIN 07AAJCB9425C1ZR) | - |
| 27AAJCB9425C1ZP | Maharashtra | AAJCB9425C (derived from GSTIN 07AAJCB9425C1ZR) | Active |
Primary GSTIN: 07AAJCB9425C1ZR (Delhi — home state). Second: 27AAJCB9425C1ZP (Maharashtra). Number of registrations: 2. PAN: AAJCB9425C. Status: presumed Active (individual GSTIN status page not obtained; source: search aggregation of Vakilsearch/company directories). Home state: Delhi.
Financials
Partial / conflicting- FY2024-25 (standalone, unaudited figures from aggregators
- audited PDF not obtained): Total revenue approx Rs. 44.08 Cr (TheCompanyCheck), consistent with Tofler's Rs. 25-50 Cr band
- revenue growth approx 19.77-20% YoY
- Net profit margin 4.31% and Return on Equity 25.99% (Tofler ratios) imply PAT of roughly Rs. 1.9 Cr (DERIVED, treat as estimate — not a reported figure)
- Net worth grew approx 418% YoY (Tofler)
- EBITDA, exact PAT and net worth: not obtained (locked behind premium)
- Borrowings approx Rs. 6.8 Cr across three banks
- open charges Rs. 14.04 Cr. Standalone basis
- consolidated (incl. Elchemy Inc.) not obtained
Funding
Confirmed- Total disclosed approx $7.6M. Seed round ~$2M led by Info Edge Ventures (2022)
- Series A $5.6M led by Prime Venture Partners with participation from existing backer Info Edge Ventures
- earmarked for US footprint expansion, tech leadership hires and supply-chain visibility / quality-management tech
- Sources: Inc42, Tracxn (round names only)
Charges & Loans
Partial / conflicting- Open/registered charges total approx Rs. 14.04 Cr (TheCompanyCheck)
- Borrowings approx Rs. 6.8 Cr across three lenders: Kotak Mahindra Bank, HSBC, and IndusInd Bank (Tofler)
- Individual charge-instrument amounts and dates: not obtained
Competitors
Confirmed- Scimplify (specialty-chemicals B2B, raised ~$54M — larger scale)
- Mstack (cross-border specialty chemicals, well-funded)
- Atomgrid (chemicals B2B, early-mid stage)
- Covvalent (specialty chemicals platform, early stage)
- Distiland (chemicals marketplace, early stage)
- OfBusiness — chemicals vertical (much larger, unicorn-scale)
- Peer set per Tracxn/Entrackr competitive-landscape listings
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