iStreet Network Ltd.
iStreet Network
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NSE
BSE
Healthcare
Small-cap - With a market cap of ₹3.52 Cr.
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iStreet Network started as a small trading firm in 1988. It set up a medium size WHO standard ‘Specialty Chemicals & Pharmaceuticals’ manufacturing company in the year 1994. It performed highly complex chemistry at the plant like Bromination, Nitration, Acylation, Esterification, Reduction, Hydrolysis (Alkali Fusion), Friedel Craft’s Reaction, Grignard Reaction etc. The company was manufacturing Beta Blockers and Intermediates of ACE Inhibitors at different locations in Gujarat and Maharashtra.
In mid 1998, it promoted India’s first electronic, neutral ‘Chemical Exchange’. A strategic alliance was signed with Price Waterhouse Cooper with equity participation. The exchange has extensive reach to over 4,000 participants globally and over a billion dollar deals were posted on the exchange. It exited B2B Chemical Exchange business in 2002. In 2014, the company got into B2C eCommerce - Internet Retail and exited Pharmaceutical & Intermediate business. The project is called ‘iStreet Bazaar’.
iStreet Bazaar was selected part of the Alpha Program at the Web Summit 2014 in Dublin - one of the world’s most influential and international technology events. iStreet Bazaar gave a perspective of how common man has consumed and adopted technology for his good. The Project also got recognition from various organizations and publications like ‘Start up Project of the year 2014’ by Silicon India, ‘10 Fastest Growing Company 2016’ by Silicon Review, ‘Top 30 Fastest Growing Companies 2016 to Watch’ by Silicon Review, ‘10 Fastest Growing Retail Company’ by Insight Success.
Business area of the company
The company is in the business of Internet Retailing - fusion of online and offline called ‘Internet Retail’. Internet Retail can be understood as a retail with ‘physical retail store which runs on virtual inventory’. The company is empowering lakhs of Mom & Pop Retail stores with this Internet Retail format - iStreet Bazaar Stores across India which can be accessed by any one (common people of India) anywhere which enables them to buy products and services available online. The Company is categorized as ‘Internet & Retail Catalogue’ by the Bombay Stock Exchange.
Businesses
Awards and Milestones
