Company Intelligence Profile
SHOPCLIENTS CONSULTANCY SERVICES PRIVATE LIMITED
Bengaluru-based B2B packaging-procurement startup (brand: BazaarNXT) serving food-service and restaurant clients.
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
Company Identity
Confirmed| Registered name | SHOPCLIENTS CONSULTANCY SERVICES PRIVATE LIMITED |
|---|---|
| CIN | U74999KA2017PTC103493 |
| PAN | AAYCS7493Q (derived from GSTIN; source: knowyourgst) |
| Status | Active (MCA). Note: startup trackers report the operating brand BazaarNXT as inactive/closed — unverified against MCA. |
| Listing | Unlisted (private limited) |
| Incorporated | 31 May 2017 |
| ROC | RoC-Bangalore |
| Sector (NIC) | Business/consultancy services; operationally B2B packaging-materials procurement (food-service). NIC code not obtained; Tofler classifies as "Business Services". |
| Registered address | No. 318/296/6, 1st Floor, 1st Sector, 7th Cross, 24th Main, HSR Layout, Bangalore, Karnataka 560102 (MCA registered office, per Tofler/TheCompanyCheck). GST principal place of business differs: 316, 317/7 Maruthi Nagar S Town, Kengeri, Karnataka 560060 (per knowyourgst). |
| Authorized capital | ₹25.0 Lakh (source: Tofler, TheCompanyCheck, Falconebiz — agree) |
| Paid-up capital | ₹15.9 Lakh per Tofler/TheCompanyCheck/Falconebiz; a WebSearch summary cited ₹15.65 Lakh — minor conflict, treat ~₹15.6–15.9 Lakh as partial. |
Business Overview
Confirmed- 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)
Directors
Partial / conflictingCONFLICT across sources — reconciled below.
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Shivanna Dhananjaya | 07635328 | Director, appointed 31 May 2017 | 31 May 2017 |
| Karteek Sirinomula | - | Additional Director, appointed 25 Oct 2024 | 25 Oct 2024 |
| Suresh Ayodya Mahadevan | 03511045 | - | - |
| Raja Vikram | 07480659 | - | - |
GST
Confirmed| GSTIN | State | PAN | Status |
|---|---|---|---|
| 29AAYCS7493Q1ZO | Karnataka | AAYCS7493Q (derived from GSTIN; source: knowyourgst) | Active |
| 36AAYCS7493Q1ZT | Telangana | AAYCS7493Q (derived from GSTIN; source: knowyourgst) | - |
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
Partial / conflictingStandalone (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
Partial / conflicting- 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
Charges & Loans
Confirmed- 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
Competitors
Partial / conflicting- 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
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