Essmart

Shop SMART. Shop ESSMART.

General Information
Company Name
Essmart
Founded Year
2012
Location (Offices)
Bengaluru, India +1
Founders / Decision Makers
Number of Employees
84
Industries
E-Commerce, Logistics, Retail
Funding Stage
Series Unknown
Social Media

Essmart - Company Profile

Essmart is an Indian startup founded in 2014, with a focus on bridging the gap between impactful technologies and rural markets. The company's slogan "Shop SMART. Shop ESSMART." reflects its commitment to making high-impact livelihood products accessible at the village level. Essmart operates a tech-enabled network of rural B2B partners, including rural shops and Farmer Producer Organizations, to help rural farming households access and adopt climate resilient agriculture and household technologies.

The company leverages a dynamic feedback loop to ensure that its products meet the needs of rural customers while empowering market actors with effective research and targeted rural marketing. Essmart operates in the industries of E-Commerce, Logistics, and Retail, driving rural innovation through products and solutions that positively impact rural livelihoods and unleash the potential of rural India's growth.

Essmart received a significant $1.20M Venture Round investment on 18 September 2018 from a group of investors including DEG, Swiss Re Foundation, elea Foundation for Ethics in Globalization, and PG Impact Investments. This funding bolsters Essmart's ability to further penetrate rural markets and continue its mission of driving positive change in rural India.

Taxonomy: rural technology distribution, livelihood products, rural B2B partners, climate resilient agriculture, household technologies, rural marketing, rural innovation, solar lanterns, water filters, smokeless cook stoves, technology distributor, rural retail shops, impactful technologies, market access, rural India growth

Funding Rounds & Investors of Essmart (2)

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Funding Stage Amount No. Investors Investors Date
Venture Round $1.20M 4 PG Impact Investments 18 Sep 2018
Grant $20.00K 1 3rd Creek Foundation 26 Jan 2016

Latest News of Essmart

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No recent news or press coverage available for Essmart.

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