What we do iStreet Network Ltd operates unique internet and retail catalogue stores providing eCommerce through neighborhood physical stores with virtual inventory, along with pharma manufacturing and AI education projects. |
Founded in 1,986 |
Market share One of the largest manufacturers of Beta-Blockers in India and innovator in internet retail catalogue sector. |
Problem solved Bridges trust gap in eCommerce by offering neighborhood stores with virtual inventory, enhancing access to pharmaceutical and retail products. |
Top clients or who we serve Consumers via retail eCommerce, pharmaceutical industry clients, and education sector for AI projects; primarily B2C and B2B. |
Key management Rakesh Rathi (Managing Director), Uttam Ishwarlal Dave (Chairman), with recent leadership renewal in 2025. |
Our journey and innovations Founded 1986, pharma manufacturing since 1994, pioneered internet retail stores (iStreet Bazaar) since 2014, diversified into digital, eCommerce, and AI education by 2023. |
Where we operate India with retail presence via neighborhood stores, pharmaceutical manufacturing unit in Gujarat, and digital initiatives nationwide. |
Top products or what we offer Pharmaceutical Beta-Blockers, Internet Retail Stores (iStreet Bazaar), AI education services, and online B2B pharma-chemical trading platform. |
Top brands iStreet Bazaar (internet retail), World Chem Net.Com (B2B pharma/chemical portal); both innovative digital platforms. |
Raw materials needed Pharmaceutical raw materials and intermediates for drug manufacturing. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue is growing with recurring contributions from digital retail and pharma manufacturing segments. |
Our industry position Noted leader in Beta-Blocker manufacturing and innovator in internet catalogue retail business. |
Financial highlights FY 2024-25 revenue Rs. 6.0574 crores with net profit Rs. 24.41 lakh showing strong turnaround from prior loss. |
Geographical revenue split - |
Order book - |
Whats driving growth Growth driven by new promoters' strategic direction, digital retail expansion, and introduction of AI education projects. |
Our future plans Expansion in digital commerce, AI education collaborations, and strengthening retail network under new leadership. |
Our green promise Promotes digital report dissemination and electronic communications to reduce environmental impact. |
Our people and values Strong focus on corporate governance, employee appraisal systems, and zero tolerance for workplace harassment. |
Key challenges ahead Risks include consumer adoption of novel retail model, competition, resource mobilization, and technology obsolescence. |
Interesting facts Unique neighborhood internet retail stores operate on virtual inventory offering trust-based local shopping experience. |
Risks and strategy Mitigates risks through governance, strong internal controls, continuous board evaluation, and investor guidance on website. |
