DropnShop

Mumbai, India Founded: 2020 • Age: 6 yrs
Functions as an online shopping platform offering a diverse range of products.
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About DropnShop

DropnShop is a Retail company based in Mumbai (India) founded in 2020. It operates as a functions as an online shopping platform offering a diverse range of products. It operates on a B2C model. The company has 1 employees. Its focus areas include E-commerce, Online Marketplace and General Merchandise. Its legal entity in India is Dropnshop Technology Private Limited (U72900MH2020PTC340582). Similar companies include Flipkart, Etsy, Myntra, Nykaa and Amazon and 5 more; 10 of its 10 listed similar companies have raised funding.

Company details

DropnShop operates with a B2C model, focusing on engaging in retail operations, operating online marketplaces, online marketplace, and general merchandise. Functions as an online shopping platform offering a diverse range of products. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.

Operational Areas
Retail → Marketplaces & General E-Commerce
Key Metrics
  • Net Loss
    -₹23,540

    FY 2023 · 0% margin

  • Employee Count
    1

Board of directors of Dropnshop Technology Private Limited (DropnShop)

Dropnshop Technology Private Limited is the primary company behind DropnShop. The board of Dropnshop Technology Private Limited currently have 3 directors; the longest-serving is Karan Vinod Shetty, appointed in 2020. 1 earlier director has ceased.

DirectorDesignationAppointedTenureEntity
Karan Vinod Shetty
DIN 08761192
Director12 Jun 20206 yrs 4 moDropnshop Technology Private Limited
Sonal Talreja
DIN 03453417
Director12 Jun 20206 yrs 4 moDropnshop Technology Private Limited
Karan Divyesh Shah
DIN 07145638
Director12 Jun 20206 yrs 4 moDropnshop Technology Private Limited

Financials of DropnShop

Figures of Dropnshop Technology Private Limited, the primary company behind DropnShop, for FY 2023. Net loss was -₹23,540 (0% margin).

  • -₹23,540Net loss · 0% margin
  • ₹1 LakhPaid-up capital

Balance sheet, profit and loss, cash flow and ratios of Dropnshop Technology Private Limited are on its company page.

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Detailed financial statements for DropnShop

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Similar companies to DropnShop

DropnShop has 10 listed similar companies in our database, 10 of them funded. They include Flipkart, Etsy, Myntra, Nykaa and Amazon, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
Flipkart
flipkart.com2007Bengaluru, India$12.12B8,446
Multi-category consumer products are offered via an online marketplace platform.
Etsy
etsy.com2005Dublin, Ireland$97.95M2,400
Online marketplace offering multi-category products from independent designers
Myntra
myntra.com2007Bengaluru, India$123.71M1,119
Fashion and lifestyle products are offered via an online marketplace.
Nykaa
nykaa.com2012Mumbai, India$103.18M7,053
Cosmetics, skincare, haircare, and wellness products are retailed online.
Amazon
amazon.com1994Seattle, United States$8M1,556,000
Multi-category products are offered through an online marketplace.
Snapdeal
snapdeal.com2010Gurugram, India$1.77B277
Discounted products across multiple categories are sold online.
Wish Shopping
wish.com2009San Francisco, United States$928.7M739
Online marketplace platform offering multi-category consumer products
ShopClues
shopclues.com2011Gurugram, India$248.9M193
Multi-category products are sold via an online marketplace platform.
CityMall
citymall.live2019Gurugram, India$153.38M1,597
Multi-category products are retailed online by CityMall.
Meesho
meesho.com2015Bengaluru, India$1.36B46
Sellers are connected with customers via multi-category e-commerce platform.
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Detailed similar companies of DropnShop

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

  • Full competitor set
  • Operating metrics
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Top companies in Marketplaces & General E-Commerce

10 companies that operate in the same segment as DropnShop (Marketplaces & General E-Commerce), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Flipkart
Multi-category consumer products are offered via an online marketplace platform.
2007Bengaluru, Karnataka, IndiaUSD 12.12 B––
Myntra
Fashion and lifestyle products are offered via an online marketplace.
2007Bengaluru, Karnataka, IndiaUSD 123.71 MUSD 542.17 M1,108
Coupang
Multi-category consumer products are sold via an online marketplace.
2010Seoul, South KoreaUSD 3.9 BUSD 34.53 B95,000
Lazada
Multi-category products are sold via an online marketplace platform.
2012Singapore, SingaporeUSD 689.63 M––
Amazon
Multi-category products are offered through an online marketplace.
1994Seattle, Washington, United StatesUSD 8 M––
Avito
Multi-category second-hand products are offered via online marketplace platform.
2007Moscow, RussiaUSD 161 M––
Mercari
Used multi-category products are traded on an online marketplace platform.
2013Minato, Tokyo, JapanUSD 117.3 MUSD 1.41 B–
MercadoLibre
Multi-category consumer products are sold via an online marketplace platform.
1999Buenos Aires, Argentina–USD 28.89 B84,210
Wallapop
App-based marketplace and classified platform for multi-category products
2013Barcelona, Catalonia, SpainUSD 370.56 M––
Ozon
Multi-category consumer products are offered via an online marketplace.
1998Moscow, RussiaUSD 442.27 M––
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Frequently Asked Questions about DropnShop

DropnShop was founded in 2020.

DropnShop is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

DropnShop has 1 employees.

DropnShop operates with a B2C model, focusing on engaging in retail operations, operating online marketplaces, online marketplace, and general merchandise. Functions as an online shopping platform offering a diverse range of products. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.

DropnShop's top competitors include Flipkart, Nykaa and Myntra.

DropnShop operates through Dropnshop Technology Private Limited.

The legal entities of DropnShop currently have 3 directors, including Karan Vinod Shetty, Sonal Talreja, Karan Divyesh Shah.

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