InitBit Technologies Pvt.Ltd

About Webkul -

Started in 2010, Webkul is a bootstrapped product based IT organization focused on crafting the problem solving apps, modules and extensions for E-commerce, ERP, CRM & mobile.

As an IT company, we help B2B and B2C enterprises to scale their online business.

• 1.5 Lacs+ customers from 150+ countries across the globe- https://webkul.com/our-customers/
• 12000+ Github Stars- https://github.com/webkul
• 1500+ products crafted so far- https://store.webkul.com/
• 500+ technologists- https://webkul.com/about-us/our-team/
• 30+ companies in partnership- https://webkul.com/about-us/partners/
• 20+ times covered in social media houses- https://webkul.com/press/
• 15+ awards in last 10 years- https://webkul.com/awards/
• 15+ E-commerce platforms we are working upon- https://webkul.com/about-us

The Story

Founded in 2011, Poshmark started with a simple yet powerful idea in Manish Chandra's garage. Along with co-founders Tracy Sun, Gautam Golwala, and Chetan Pungaliya, Chandra envisioned a platform that would revolutionize how people buy and sell fashion. The inspiration came from seeing the potential of the iPhone 4 to create meaningful connections in the shopping experience.

What They Do

Poshmark is not just another e-commerce platform – it's a social marketplace that brings together shopping and community. Think of it as a place where social media meets shopping, allowing users to buy, sell, and discover fashion, home goods, and accessories. With over 80 million users , the platform has become a go-to destination for both casual sellers and entrepreneurial individuals looking to build their own digital boutiques.

Growth & Achievements

• Started as a fashion-only platform and successfully expanded into home goods and electronics
• Raised over $160 million in venture funding
• Achieved a successful IPO in January 2021
• Recently launched innovative features like AI-powered visual search and livestream shopping
• Built a vibrant community of millions of buyers and sellers across the country

Today, under CEO Manish Chandra's leadership, Poshmark continues to innovate in the social commerce space, blending technology with community to create a unique shopping experience. The platform's success story is a testament to how combining social connections with commerce can create a powerful marketplace that resonates with modern consumers.

We're a passionate team united by a clear mission: helping merchants grow and succeed. Coming from diverse professional backgrounds, we bring a unique blend of skills to the table, rooted in deep e-commerce expertise, strong tech capabilities, and a solid understanding of what drives merchant success.

CFRA Research, originally founded as the Center for Financial Research and Analysis in 1994, is a global leader in independent investment research, financial intelligence solutions, and data analytics. The firm empowers institutional investors, wealth managers, financial advisors, and corporations to make smarter decisions by providing timely, unbiased, and actionable analysis across global markets. CFRA blends traditional research — including fundamental equity, forensic accounting, fund, public policy, and technical analysis — with advanced data, analytics, and next-generation technology. CFRA is fiercely independent and client-obsessed, with a mission to be the most trusted global source of independent financial intelligence and innovation.