COMPANY INTELLIGENCE PROFILE
Bizinbiz Technologies Private Limited
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.
Business Overview
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.
Sector & Classification
NIC 24290 — Manufacture of other chemical products n.e.c. (per CIN). Operationally a B2B specialty-chemicals distribution / cross-border marketplace, not a manufacturer.
Directors & Key Management
Directors — source notes
Hardik Seth — DIN 09218840 (Director & shareholder, appointed 28 Jun 2021; co-founder/CEO). Shobhit Jain — DIN 09218841 (Director & shareholder, appointed 28 Jun 2021; co-founder). Source: Tofler (DINs); TheCompanyCheck / Vakilsearch (names). Both DINs confirmed by Tofler.
GST Registrations
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
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 History
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).
Loans & Charges
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.
Credit Ratings
None found. No CRISIL / ICRA / CARE rating located for this entity. (Caution: do not attribute any group/similarly-named entity's rating here.)
Legal & Compliance
None found. No Indian Kanoon cases confirmed for Bizinbiz Technologies Private Limited / Elchemy in available sources (not exhaustively searched).
Competitive Landscape
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.
Frequently Asked Questions
What does Bizinbiz Technologies Private Limited do?
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.
What is the CIN of Bizinbiz Technologies Private Limited?
Bizinbiz Technologies Private Limited's Corporate Identification Number (CIN) is U24290DL2021PTC382855.
When was Bizinbiz Technologies Private Limited incorporated?
Bizinbiz Technologies Private Limited was incorporated on 28 June 2021 and is registered with RoC-Delhi.
Who are the directors of Bizinbiz Technologies Private Limited?
Directors on record include Hardik Seth (DIN 09218840); Shobhit Jain (DIN 09218841).
Where is Bizinbiz Technologies Private Limited registered?
The registered office of Bizinbiz Technologies Private Limited is at 3/8, Second Floor, Asaf Ali Road, Above Dabur India Ltd, Darya Ganj, Central Delhi, New Delhi, Delhi, India, 110002.
Information compiled from public registry and secondary sources (as of 2026-07-28). It may be incomplete or dated; verify independently before relying on it. Known gaps: Exact audited FY25 EBITDA, PAT, net worth and borrowings (aggregator figures only; audited PDF not obtained). Individual GSTIN status/registration-date pages (knowyourgst 404). Cap-table percentages. Individual charge instrument amounts/dates. Credit ratings and any litigation not exhaustively confirmed. PAN derived from GSTIN rather than a direct PAN source. Reported revenue Rs. 44.08 Cr is from an aggregator, not a filed financial statement.