COMPANY INTELLIGENCE PROFILE
DEPO SOLUTIONS PRIVATE LIMITED
Depo Solutions Private Limited operates the "Depo24" B2B digital marketplace for building and construction materials.
Business Overview
Depo Solutions Private Limited operates the "Depo24" B2B digital marketplace for building and construction materials. It aggregates manufacturers/suppliers to serve architects, builders, contractors, interior designers, retailers and technicians, offering 5,000+ SKUs across categories such as pipes & fittings, tiles/marbles, paints & polishes, plywood & laminates, bathroom fixtures, wires, lighting, door/drawer/glass fittings, adhesives and hardware. By consolidating intermediaries it aims to supply materials below market price. Web (depo24.in) and mobile app (Android + iOS) channels. DPIIT-recognised startup. (Sources: depo24.in via search snippets, Tracxn, Dexter Ventures, Google Play/App Store, Tofler.)
Sector & Classification
Retail/Wholesale trading — "Retail trade services - Other products n.e.c." (NIC not obtained; CIN prefix U51909 = wholesale/commission trade)
Directors & Key Management
Directors — source notes
Three directors, all appointed 24 Feb 2022 (DINs from Falconebiz, cross-checked with TheCompanyCheck people-profile):
- Anil Patwari — DIN 08989556
- Kushal Agarwal — DIN 09129013 (Co-Founder; ex-P&G, co-founder of Kwikpic, IIT-Bombay)
- Arpit Saraf — DIN 09519151 (CEO per Tracxn)
GST Registrations
Primary GSTIN (home state Delhi): 07AAJCD1058P1Z9 — Active, registered 14 April 2022 (sources: Masters India, Pice, search snippets).
PAN: AAJCD1058P (matches GSTIN pattern and Tofler PAN).
Additional registration found — Gujarat: 24AAJCD1058P1ZD (source: Pice). At least 2 GST registrations (Delhi, Gujarat). Status for Gujarat registration not obtained.
Financials
Figures are single-source / ranges — PARTIAL, not audited-confirmed. Standalone (only entity).
- FY2022-23 (Tofler): Revenue range ₹1-10 Cr; large %-growth figures reflect first-full-year base effect (near-zero prior base).
- FY2023-24 (TheCompanyCheck): Revenue ~₹24.69 Cr, cited at ~201% YoY growth.
- FY2024-25 (Tracxn): Annual revenue band ₹10-50 Cr (as of 31 Mar 2025).
EBITDA / PAT / net worth (absolute) / borrowings (absolute): not obtained. Note: TheCompanyCheck FY24 figure (~₹24.69 Cr) and Tracxn FY25 band are each single-source and not fully reconciled.
Funding History
Total raised ~$2.74M across 4 rounds since May 2022 (source: Tracxn/Crunchbase). Rounds (Tracxn; amounts undisclosed): Seed 24 May 2022 (Sparrow Capital first investment); Jul 2022 (Beenext); Oct 2023 (Sparrow Capital + others); 29 Jul 2024. Investors named: Beenext, Sparrow Capital, Panthera Peak Capital, AUM Ventures, Shastra VC, Dexter Ventures (plus angels; ~11 institutional + ~24 angels per Tracxn). Round-stage labels ("Seed"/"Series A") vary by source; amounts undisclosed.
Loans & Charges
One open charge found: lender NDB Ventures Private Limited. Amount reported as ₹0.8 Cr / ~₹80 Lakh (Tofler, charge dated 26 June 2023); TheCompanyCheck lists open charges of ~₹75 Lakh — minor source conflict on exact figure.
Credit Ratings
None found. No CRISIL/ICRA/CARE rating identified for this entity.
Legal & Compliance
None found in permitted sources (no Indian Kanoon matches identified for this entity). Absence of results is not proof of none.
Competitive Landscape
Named B2B building-materials / construction-commerce peers (source: Tracxn, CB Insights):
- Infra.Market — large scale (~$800M+ raised), construction materials
- OfBusiness — large scale, B2B raw materials/SME financing
- JSW One MSME — mid/large (JSW-backed), construction & steel B2B
- ArisInfra — mid scale (~$25M raised), construction materials
- Moglix — large, industrial/B2B commerce (adjacent)
Depo24 is a smaller/early-stage player (Tracxn ranks ~13th of 146 in its cohort).
Frequently Asked Questions
What does DEPO SOLUTIONS PRIVATE LIMITED do?
Depo Solutions Private Limited operates the "Depo24" B2B digital marketplace for building and construction materials.
What is the CIN of DEPO SOLUTIONS PRIVATE LIMITED?
DEPO SOLUTIONS PRIVATE LIMITED's Corporate Identification Number (CIN) is U51909DL2022PTC394307.
When was DEPO SOLUTIONS PRIVATE LIMITED incorporated?
DEPO SOLUTIONS PRIVATE LIMITED was incorporated on 24 February 2022 and is registered with RoC-Delhi (RoC-Delhi I).
Who are the directors of DEPO SOLUTIONS PRIVATE LIMITED?
Directors on record include Anil Patwari (DIN 08989556); Kushal Agarwal (DIN 09129013); Arpit Saraf (DIN 09519151).
Where is DEPO SOLUTIONS PRIVATE LIMITED registered?
The registered office of DEPO SOLUTIONS PRIVATE LIMITED is at 34D F/F, Pocket-1, Mayur Vihar Phase-1, East Delhi, Delhi, India, 110091 (source: Tofler, Falconebiz, TheCompanyCheck — all agree).
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: Not obtained: exact NIC code; absolute financials (EBITDA/PAT/net worth/borrowings); full shareholding/cap table; per-round funding amounts; credit ratings; official logo image URL (depo24.in refused external fetch — favicon fallback applies); status of the Gujarat GSTIN. Financial figures are single-source ranges (partial).