About 99 Retail Street
99 Retail Street is a Technology company based in Bengaluru (India) founded in 2016. Small parade shops are connected through a cloud commerce platform. It operates in the Technology and Retail sectors. 99 Retail Street has raised $1 million across 1 funding round from investors including BOV Capital. The company has 8 employees. Its Indian entity Aequm India Private Limited reported revenue of ₹72.2 Lakh. Its focus areas include Enterprise Applications, Enterprise Resource Planning, Suite and In Store Retail Tech. Its competitors include Bizom and ZopSmart; 2 of its 2 listed competitors have raised funding.
Company details
99 Retail Street was founded in 2016 in Bengaluru, India, as a cloud platform for the retail sector. Small parade shops and markets are linked via a centralized commerce system. Daily operations are managed, including inventory tracking, replenishment processes, fulfillment optimization, point-of-sale sales, purchase and order handling, along with customer data and engagement tools. The platform supports retailers in routine business tasks.
- Headquarters Bengaluru, India
- Employees 8
- SectorsTechnologyRetail
- Email••••••••
- Website 99rstreet.com
- Social LinkedIn X Facebook
- Legal Name Aequm India Private Limited
- Date of Incorporation 20 Mar, 2017
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹72.2 Lakh
FY 2024 · +143% YoY
- Net Profit₹3.6 Lakh
FY 2024 · 5% margin
- EBITDA₹6.4 Lakh
FY 2024 · 9% margin
- Total Equity Funding$1M (USD)
in 1 rounds
- Latest Funding Round$1M (USD), Seed
Jun 2017
- Investors
- Employee Count8
Associated legal entities of 99 Retail Street
99 Retail Street operates through Aequm India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Aequm India Private Limited CIN U74999KA2017FTC101496 | Active | 20 Mar 2017 | Bangalore, Karnataka | ₹0.7 Cr | 8 | 2 | View details |
Funding Insights of 99 Retail Street
99 Retail Street has successfully raised a total of $1M through 1 strategic funding round. The most recent funding activity was a Seed round of $1 million completed in June 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $1M
- Total Rounds 1
- Last Round Seed — $1M
- First Round $1M
(Jun 2017)
- Investors Count 1
All 1 funding rounds of 99 Retail Street with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2017 | $1M | Seed | – | BOV Capital | – |
1 investors in total: 1 institutional.
Investors in 99 Retail Street
99 Retail Street has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include BOV Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage tech focused VC firm investing primarily in Sri Lanka | bovcapital.com |
Investor details for 99 Retail Street
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Board of directors of Aequm India Private Limited (99 Retail Street)
Aequm India Private Limited is the primary company behind 99 Retail Street. The board of Aequm India Private Limited currently have 2 directors; the longest-serving is Alok Jayant, appointed in 2017. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Alok Jayant DIN 07316273 | Director | 28 Oct 2017 | 9 yrs | Aequm India Private Limited |
| Seema Srivastava DIN 07794689 | Director | 10 Apr 2018 | 8 yrs 7 mo | Aequm India Private Limited |
Financials of 99 Retail Street
Figures of Aequm India Private Limited, the primary company behind 99 Retail Street, for FY 2024. Revenue was ₹72.2 Lakh (+143% year on year). Net profit was ₹3.6 Lakh (5% margin). EBITDA was ₹6.4 Lakh (9% margin). Revenue has grown at a compounded annual rate of -4% over three years and -3% over five years.
- ₹72.2 LakhRevenue · FY 2024 · +143% YoY
- ₹3.6 LakhNet profit · 5% margin
- ₹6.4 LakhEBITDA · 9% margin
- ₹1 LakhPaid-up capital
- 8Employees (provident fund records)
- -4%Revenue CAGR, 3 years
- -3%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Aequm India Private Limited are on its company page.
Detailed financial statements for 99 Retail Street
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Timeline of 99 Retail Street
2 dated milestones of 99 Retail Street across 1 years, from founding to its latest funding, stage changes and deals.
- Founded 99 Retail Street is founded.
- Funding First funding round of $1.0M.
Competitors of 99 Retail Street
99 Retail Street has 2 listed competitors in our database, 2 of them funded. They include Bizom and ZopSmart.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| bizom.com | 2008 | Bengaluru, India | $19.18M | 401 | Retail intelligence platform is developed for brands and B2B retailers. | |
| zopsmart.com | 2011 | Bengaluru, India | $12.86M | 464 | Omni-channel solutions are provided for offline businesses. |
Detailed competitors of 99 Retail Street
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Related news about 99 Retail Street
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Frequently Asked Questions about 99 Retail Street
99 Retail Street was founded in 2016 and raised its 1st funding round 1 year after it was founded.
99 Retail Street is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
99 Retail Street is a funded company, having raised a total of $1M across 1 funding round to date. The company's 1st funding round was a Seed of $1M, raised on Jun 2017.
99 Retail Street has 8 employees.
The primary company behind 99 Retail Street, Aequm India Private Limited, reported revenue of ₹72.2 Lakh for FY 2024, up 143% year on year.
99 Retail Street was founded in 2016 in Bengaluru, India, as a cloud platform for the retail sector. Small parade shops and markets are linked via a centralized commerce system. Daily operations are managed, including inventory tracking, replenishment processes, fulfillment optimization, point-of-sale sales, purchase and order handling, along with customer data and engagement tools. The platform supports retailers in routine business tasks.
99 Retail Street has 1 investor. Key investors include BOV Capital.
99 Retail Street operates through Aequm India Private Limited.
The legal entities of 99 Retail Street currently have 2 directors, including Alok Jayant, Seema Srivastava.