About Express Stores
Express Stores is a company based in Gurugram (India) founded in 2019 by Apoorv Jain. Express Stores has raised $4.8 million across 3 funding rounds from investors including Angel List, Wellfound and LetsVenture. The company has 18 employees as of April 09, 2024. Express Stores operates in a competitive market with competitors including Blinkit, Bigbasket, Swiggy, Dunzo and Otipy, among others.
- Headquarter Gurugram, India
- Employees 18 as on 09 Apr, 2024
- Founders Apoorv Jain
- Stage Minicorn
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Sectors
Retail
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Phone
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Website
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Social
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- Legal Name Expressstores Info Retail Private Limited
- Date of Incorporation 20 Aug, 2019
- Jurisdiction Gurgaon, Haryana, India
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Annual Revenue
$1.99 M (USD)400.08as on Mar 31, 2022
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Net Profit
-$2.67 M (USD)-450.53as on Mar 31, 2022
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EBITDA
-$2.62 M (USD)-362.04as on Mar 31, 2022
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Total Equity Funding
$4.8 M (USD)
in 3 rounds
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Latest Funding Round
$3.69 M (USD), Seed
Feb 17, 2021
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Investors
Angel List
& 24 more
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Employee Count
18
as on Apr 09, 2024
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Funding Insights of Express Stores
Express Stores has successfully raised a total of $4.8M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $3.69 million completed in February 2021. 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.
Investors in Express Stores
Express Stores has secured backing from 25 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Angel List, Wellfound and LetsVenture.
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Early-stage investments are made in fintech, retail, and healthtech sectors.
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Early-stage investment in technology sectors is conducted by Sherpalo Ventures.
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Long-term investments in venture capital and public markets are pursued.
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Investor details for Express Stores
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Investments & Acquisitions by Express Stores
Investment portfolio details for Express Stores
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Financial Statements - Express Stores
Detailed financials for Express Stores
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Express Stores Comparisons
Peer comparison for Express Stores
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- Named peers
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Competitors of Express Stores
Express Stores operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Blinkit, Bigbasket, Swiggy, Dunzo and Otipy, among others.
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Instant delivery of groceries and essentials is facilitated online.
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Personal and household products are delivered via an e-commerce platform.
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Food and grocery items are ordered via an online network.
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Grocery products are provided via an online digital storefront.
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Provider of online platform offering grocery, household items, cakes, and flowers
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Detailed competitors of Express Stores
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Latest news on Express Stores
Complete news archive for Express Stores
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Frequently Asked Questions about Express Stores
Express Stores was founded in 2019.
Express Stores is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Express Stores is a funded company, having raised a total of $4.8M across 3 funding rounds to date.
As of Apr 09, 2024, the latest employee count at Express Stores is 18.
Annual revenue of Express Stores is $1.99M as on Mar 31, 2022.
Express Stores was founded in 2019 and is headquartered in Gurugram, India. An online platform is operated for the retail of groceries across multiple categories, including beverages, snacks, spices, daily needs, cleaning essentials, home essentials, meat, seafood, and personal care. Brands such as Limca, Amul, Rajdhani, Cadbury, and Oreo are featured in the catalog. Free shipping is offered on all orders.
Express Stores has 25 investors. Key investors include Angel List, Wellfound, LetsVenture, Venture Highway VC, and Kunal Bahl.
The valuation of Express Stores is $17.61M as of Feb 2021.