Company Intelligence Profile
Shopclients Consultancy Services Private Limited
Bengaluru-based B2B packaging-procurement startup (brand: BazaarNXT) serving food-service and restaurant clients.
Last updated 4 August 2026
Shopclients Consultancy Services Private Limited, operating under the brand BazaarNXT, is a Bengaluru-based B2B packaging-materials procurement platform serving food-service clients including Swiggy and FoodPanda, offering 400-plus SKUs across meal containers, eco packaging, and related supplies. The company reported revenue of Rs 8.92 Cr in FY2020, up 1,762% year-on-year, with a net profit margin of 40.8%. It has raised approximately US$1.08 million across seed rounds and is a DPIIT-recognised startup.
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
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Company Identity
| Registered name | SHOPCLIENTS CONSULTANCY SERVICES PRIVATE LIMITED |
|---|---|
| CIN | U74999KA2017PTC103493 |
| PAN | AAYCS7493Q (derived from GSTIN; source: knowyourgst) |
| Status |
|
| Listing | Unlisted (private limited) |
| Incorporated | 31 May 2017 |
| ROC | RoC-Bangalore |
| Sector (NIC) |
|
| Registered address |
|
| Authorized capital | ₹25.0 Lakh |
| 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
- 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
- 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
Directors
CONFLICT across sources — reconciled below.
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Shivanna Dhananjaya | 07635328 | Director | 31 May 2017 |
| Karteek Sirinomula | - | Additional Director | 25 Oct 2024 |
| Suresh Ayodya Mahadevan | 03511045 | - | - |
| Raja Vikram | 07480659 | - | - |
GST
| 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
Standalone, 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 |
|---|---|
| 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; a separate WebSearch summary said returns filed up to 31 Mar 2021 — CONFLICT on last-filed year. Standalone only (no consolidated known). PARTIAL.
Funding
- Reported total ~US$1.08M across ~4 seed/angel rounds; latest round ~US$658K in April 2021
- 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
- One open charge: ₹1.9 Crore, created 12 Jan 2020, charge holder IKSHAVAKU SOFTWARE VENTURES INDIA PRIVATE LIMITED
- No satisfied charges listed
- Total open charges ₹1.9 Cr; holder PARTIAL
Competitors
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