BoxMe

Bengaluru, India Founded: 2015 • Age: 11 yrs Minicorn
Provides on-demand physical storage for household items.

About BoxMe

BoxMe was a Consumer company based in Bengaluru (India) founded in 2015 by Sriram Dandapani, Mohanan Mavilakandy, Dandapani Nagapatinam Ramamurthy, and Akhil Mohanan Mavilakandy. It provides on-demand physical storage for household items. It operates on a B2C model. BoxMe has raised $147.75 thousand across 1 funding round from investors including Hiro Mashita, Mohan Alexander and Hiro Mashita. BoxMe was last valued at $1.43 million in November 2015. The company is recorded as dissolved. Its focus areas include Services, Storage, On-Demand Solutions and Household Items. Its legal entity in India is Boxme Storage And Logistics Private Limited (U74900KA2015PTC078786). Its competitors include Store My Goods, StowNest and BoxMySpace; 3 of its 3 listed competitors have raised funding.

Company details

BoxMe, founded in 2015 in Bengaluru, India, focuses on providing essential services, storage, on-demand solutions, and household items. Provides on-demand physical storage for household items. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.

  • Headquarters Bengaluru, India
  • Founders Sriram Dandapani, Mohanan Mavilakandy, Dandapani Nagapatinam Ramamurthy, Akhil Mohanan Mavilakandy
  • Stage Minicorn
  • Sectors
    Consumer
  • Website goboxme.com
  • Social Facebook
  • Legal Name Boxme Storage And Logistics Private Limited
  • Date of Incorporation 10 Feb, 2015
  • Jurisdiction Bangalore, Karnataka, India
Operational Areas
Key Metrics
  • Annual Revenue
    ₹1,483

    FY 2020 · -96% YoY

  • Net Loss
    -₹74,166

    FY 2020 · -5000% margin

  • EBITDA
    -₹74,166

    FY 2020 · -5000% margin

  • Total Equity Funding
    $147.75K (USD)

    in 1 rounds

  • Latest Funding Round
    $147.75K (USD), Angel Round

    Nov 2015

Funding Insights of BoxMe

BoxMe has successfully raised a total of $147.75K through 1 strategic funding round. The most recent funding activity was a Angel Round of $147.75 thousand completed in November 2015. 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 $147,747
  • Total Rounds 1
  • Last Round Angel Round β€” $147,747
  • First Round $147,747

    (Nov 2015)

  • Investors Count 4

All 1 funding rounds of BoxMe with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Nov 2015$147,747Angel Round$1.43MHiro Mashita, Hiro Mashita
Valuation history
DateValuationStage
Nov 2015$1.43Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $1.43M (Nov 2015). 4 investors in total: 0 institutional and 4 angel.

Investors in BoxMe

BoxMe has secured backing from 4 investors, including angel investors. Prominent investors backing the company include Hiro Mashita, Mohan Alexander and Hiro Mashita.

All
Angel
InvestorDescriptionFounded YearDomainLocation

Hiro Mashita

unknown_64d7d9bbe44948048

Mohan Alexander

unknown_1ca776039c524cd1a

Hiro Mashita

unknown_5474db452830461cb

Mohan Alexander

unknown_c68134623992472fa
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Investor details for BoxMe

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

Board of directors of Boxme Storage And Logistics Private Limited (BoxMe)

Boxme Storage And Logistics Private Limited is the primary company behind BoxMe. The board of Boxme Storage And Logistics Private Limited currently have 2 directors; the longest-serving is Akhil Mohanan Mavilakandy, appointed in 2015. 4 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Akhil Mohanan Mavilakandy
DIN 07318176
Director19 Oct 201511 yrsBoxme Storage And Logistics Private Limited
Shwetha Balan
DIN 08424767
Director18 Apr 20197 yrs 6 moBoxme Storage And Logistics Private Limited

People of BoxMe

4 people are tracked at BoxMe (4 in leadership).

NameRoleGroup
ex-Co-FounderLeadership
Co-FounderLeadership
Co-FounderLeadership
ex-Co-FounderLeadership
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Complete people profiles for BoxMe

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

Financials of BoxMe

Figures of Boxme Storage And Logistics Private Limited, the primary company behind BoxMe, for FY 2020. Revenue was ₹1,483 (-96% year on year). Net loss was -₹74,166 (-5000% margin). EBITDA was -₹74,166 (-5000% margin). Revenue has grown at a compounded annual rate of -94% over three years.

  • ₹1,483Revenue · FY 2020 · -96% YoY
  • -₹74,166Net loss · -5000% margin
  • -₹74,166EBITDA · -5000% margin
  • ₹1.1 LakhPaid-up capital
  • -94%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Boxme Storage And Logistics Private Limited are on its company page.

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Detailed financial statements for BoxMe

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

  • Statement rows
  • Financial ratios
  • Five-year trends
  • Downloads

Verified entity values are shown only after access is granted.

Timeline of BoxMe

3 dated milestones of BoxMe, from founding to its latest funding, stage changes and deals.

  1. Founded BoxMe is founded.
  2. Funding First funding round of $148K.
  3. Milestone Reaches Minicorn status.

Competitors of BoxMe

BoxMe has 3 listed competitors in our database, 3 of them funded. They include Store My Goods, StowNest and BoxMySpace.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
storemygoods.in2020Noida, India$1.65M44
Provider of secure, tech-enabled household and business storage solutions
stownest.com2018Bengaluru, India$152,24353
Provider of valet self-storage and moving services
boxmyspace.com2014Mumbai, India$884,506
Tech-enabled on-demand warehousing and end-to-end logistics solutions are provided.
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Detailed competitors of BoxMe

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Top companies in Home & Living Products

3 companies that operate in the same segment as BoxMe (Home & Living Products) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Provider of interior design and renovation services for homes and offices
2014Bengaluru, Karnataka, IndiaUSD 511.55 MUSD 172.66 M4,353
Multi-category products are rented via subscription model.
2014Bengaluru, Karnataka, IndiaUSD 58.71 MUSD 14.82 M422
Internet-first brand offering multi-category home furniture
2012Bengaluru, Karnataka, IndiaUSD 108.06 MUSD 26.92 B43,024
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Frequently Asked Questions about BoxMe

BoxMe was founded in 2015.

BoxMe is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

BoxMe is a funded company, having raised a total of $147.75K across 1 funding round to date. The company's 1st funding round was a Angel Round of $147.75K, raised on Nov 2015.

The primary company behind BoxMe, Boxme Storage And Logistics Private Limited, reported revenue of β‚Ή1,483 for FY 2020, down 96% year on year.

BoxMe, founded in 2015 in Bengaluru, India, focuses on providing essential services, storage, on-demand solutions, and household items. Provides on-demand physical storage for household items. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.

BoxMe's top competitors include Store My Goods, BoxMySpace and StowNest.

BoxMe has 4 investors. Key investors include Hiro Mashita, Mohan Alexander, Hiro Mashita, and Mohan Alexander.

The valuation of BoxMe is $1.43M as of Nov 2015.

BoxMe operates through Boxme Storage And Logistics Private Limited.

The legal entities of BoxMe currently have 2 directors, including Shwetha Balan, Akhil Mohanan Mavilakandy.

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