tracxn report : b2b commerce (india)
TRACXN REPORT : B2B COMMERCE (INDIA) April 2016
Tracxn World’s Largest Start-up Research Platform
2 B2B Commerce – India Report, April 2016
Contents Topic
Page
Sectors We Track
04
Overview
05
Value Chain and Business Model Description
10
Market Map
12
Company List
13
Team
60
3 B2B Commerce – India Report, April 2016
Illustrative Sectors We Track In India OFFLINE AGRICULTURE
TECH MOBILE
FOOD
HORIZONTAL
TRAVEL
VERTICALS
RETAIL
MARKETPLACE
TRANSPORT
PRIVATE LABEL
HOME IMPROVEMENTS
SUBSCRIPTION
FOOD & BEVERAGE
MARKETPLACES
OUTSOURCING
CONSUMER DIGITAL
CONSUMER GOODS
ENTERPRISE TECH
HEALTHCARE
FINTECH
FINANCE
ADTECH
EDUCATION
EDTECH
SECOND HAND GOODS
MEDIA & ENTERTAINMENT
HEALTHTECH
HOME SERVICES
FLASH SALES
SaaS
LOCAL SERVICES
PRODUCT DISCOVERY
TECHNOLOGY CROSS BORDER
4 B2B Commerce – India Report, April 2016
B2B
PRICE COMPARISON
Sector Overview Scope of report This report covers companies involved in direct retail of goods in the value chain of supply and demand of Business-to-Business commerce. The companies that are included have a vendor facing platform in form of either listing, selling or connecting buyer and sellers of goods and products used by businesses/resellers. Please note that the companies which enable or create tools for commerce are outside the scope of this report. Over $124M has been invested in the sector since 2006, with $94M invested in the last 15 months and over $75M in the first three months of 2016 alone in 15 deals. B2B commerce space has seen exponential growth in investments and funding with major investments being in Marketplace space with over $67M in 26 funding rounds since 2012. Out of the 208 companies, 25 companies have been funded as of March 2016. Most active funds • • •
Accel Partners (Power2SME, Moglix, Bizongo) Alpha Capital (JustBuyLive) Kalaari Group (Power2SME, IndustryBuying)
Notable activities in 2015 & 2016 • • • • • •
IndiaMart (B2B – Listing Platform) - $22.2M, Series C from Amadeus Capital, Quona Capital, Intel Capital, Westbridge Capital JustBuyLive (B2B – Retailers & Distributors) - $20M, Series A from Alpha Capital and Aarin Capital – Jan 20, 2016. Power2SME (B2B – Marketplace - Group Buying) - $20M, Series D from Accel Partners, Kalaari Capital, Inventus Capital Partners – Jan, 2016 IndustryBuying (B2B – Marketplace) - $9M, Series B from SAIF Partners, Kalaari Capital, BEENEXT – Sep 2015 Ofbusiness (B2B – Marketplace) - $5M, Series A from Matrix Partners – Feb 2016 Shotang (B2B – Marketplace) - $5M, unattributed funding from Exfinity Venture Partners, Unitus Impact – Dec, 2015
5 B2B Commerce – India Report, April 2016
More than 60% of total funding in the space has occurred in last 3 months – Hot sector Funding trend in the sector over the past years 16
$15M 77.6
80
$13M
70
12
60 10 50
8 40 6
30 4
2
0
20 $2M
10.0
$1M
$1M
$1M 2.0
3.5 2006
2009
2012
IndiaMart, $22.2M Mar 2016
Power2SME, $20M Jan 2016
JustBuyLive, $20M Jan 2016
$2M
6.0
7.3
2013
2014
0 2015
2016 YTD
Total number of funding rounds
IndustryBuying, $9M Sep 2015
6 B2B Commerce – India Report, April 2016
Shotang, $5M Dec 2015
• In first three months of 2016, companies in B2B commerce space raised big rounds with IndiaMart raising $22.2M, Power2SME raising $20M, JustBuyLive raising $20M as series A, Ofbusiness picking up $5M.
18.1
10
Total Funding Amount
Notable rounds
90
Number of Rounds
Funding Amount (in Millions)
14
• There has been a substantial growth in the total funding recently in 2016 as a whole.
Ofbusiness, $5M Feb 2016
Buildzar, $4M Jan 2016
• 77% of the total funding raised in B2B commerce has been in the year 2015 and early 2016, majority of which coming in the last 3 months.
To request the full 60 page report, write to us at [email protected]
7 B2B Commerce – India Report, April 2016
Team
Rajat Bansal
Sudeep Shukla
Analyst, Consumer Digital India
Lead Analyst, Consumer Digital India
8 B2B Commerce – India Report, April 2016
Tracxn World’s Largest Start-up Research Platform
2 B2B Commerce – India Report, April 2016
Contents Topic
Page
Sectors We Track
04
Overview
05
Value Chain and Business Model Description
10
Market Map
12
Company List
13
Team
60
3 B2B Commerce – India Report, April 2016
Illustrative Sectors We Track In India OFFLINE AGRICULTURE
TECH MOBILE
FOOD
HORIZONTAL
TRAVEL
VERTICALS
RETAIL
MARKETPLACE
TRANSPORT
PRIVATE LABEL
HOME IMPROVEMENTS
SUBSCRIPTION
FOOD & BEVERAGE
MARKETPLACES
OUTSOURCING
CONSUMER DIGITAL
CONSUMER GOODS
ENTERPRISE TECH
HEALTHCARE
FINTECH
FINANCE
ADTECH
EDUCATION
EDTECH
SECOND HAND GOODS
MEDIA & ENTERTAINMENT
HEALTHTECH
HOME SERVICES
FLASH SALES
SaaS
LOCAL SERVICES
PRODUCT DISCOVERY
TECHNOLOGY CROSS BORDER
4 B2B Commerce – India Report, April 2016
B2B
PRICE COMPARISON
Sector Overview Scope of report This report covers companies involved in direct retail of goods in the value chain of supply and demand of Business-to-Business commerce. The companies that are included have a vendor facing platform in form of either listing, selling or connecting buyer and sellers of goods and products used by businesses/resellers. Please note that the companies which enable or create tools for commerce are outside the scope of this report. Over $124M has been invested in the sector since 2006, with $94M invested in the last 15 months and over $75M in the first three months of 2016 alone in 15 deals. B2B commerce space has seen exponential growth in investments and funding with major investments being in Marketplace space with over $67M in 26 funding rounds since 2012. Out of the 208 companies, 25 companies have been funded as of March 2016. Most active funds • • •
Accel Partners (Power2SME, Moglix, Bizongo) Alpha Capital (JustBuyLive) Kalaari Group (Power2SME, IndustryBuying)
Notable activities in 2015 & 2016 • • • • • •
IndiaMart (B2B – Listing Platform) - $22.2M, Series C from Amadeus Capital, Quona Capital, Intel Capital, Westbridge Capital JustBuyLive (B2B – Retailers & Distributors) - $20M, Series A from Alpha Capital and Aarin Capital – Jan 20, 2016. Power2SME (B2B – Marketplace - Group Buying) - $20M, Series D from Accel Partners, Kalaari Capital, Inventus Capital Partners – Jan, 2016 IndustryBuying (B2B – Marketplace) - $9M, Series B from SAIF Partners, Kalaari Capital, BEENEXT – Sep 2015 Ofbusiness (B2B – Marketplace) - $5M, Series A from Matrix Partners – Feb 2016 Shotang (B2B – Marketplace) - $5M, unattributed funding from Exfinity Venture Partners, Unitus Impact – Dec, 2015
5 B2B Commerce – India Report, April 2016
More than 60% of total funding in the space has occurred in last 3 months – Hot sector Funding trend in the sector over the past years 16
$15M 77.6
80
$13M
70
12
60 10 50
8 40 6
30 4
2
0
20 $2M
10.0
$1M
$1M
$1M 2.0
3.5 2006
2009
2012
IndiaMart, $22.2M Mar 2016
Power2SME, $20M Jan 2016
JustBuyLive, $20M Jan 2016
$2M
6.0
7.3
2013
2014
0 2015
2016 YTD
Total number of funding rounds
IndustryBuying, $9M Sep 2015
6 B2B Commerce – India Report, April 2016
Shotang, $5M Dec 2015
• In first three months of 2016, companies in B2B commerce space raised big rounds with IndiaMart raising $22.2M, Power2SME raising $20M, JustBuyLive raising $20M as series A, Ofbusiness picking up $5M.
18.1
10
Total Funding Amount
Notable rounds
90
Number of Rounds
Funding Amount (in Millions)
14
• There has been a substantial growth in the total funding recently in 2016 as a whole.
Ofbusiness, $5M Feb 2016
Buildzar, $4M Jan 2016
• 77% of the total funding raised in B2B commerce has been in the year 2015 and early 2016, majority of which coming in the last 3 months.
To request the full 60 page report, write to us at [email protected]
7 B2B Commerce – India Report, April 2016
Team
Rajat Bansal
Sudeep Shukla
Analyst, Consumer Digital India
Lead Analyst, Consumer Digital India
8 B2B Commerce – India Report, April 2016
