About GabbarDeals
GabbarDeals is a Retail company based in Pune (India) founded in 2000 by Neeraj Raka, and was acquired by ShopX in February 2019. It operates as an electronic products and accessories are sold via an e-commerce platform. GabbarDeals has raised $41.31 million across 5 funding rounds from investors including Venture Catalysts, ShopX and KN Group. GabbarDeals has completed 1 acquisition, including InstaOne. GabbarDeals was last valued at $2.99 million in April 2021. Its chief executive is Neeraj Raka. Its Indian entity Pnr Commerce Services Private Limited reported revenue of ₹8.45 Cr. The company was acqui-hired. Its focus areas include Consumer Goods, Retail Chains and Electronics.
Company details
GabbarDeals was established in 2000 and is headquartered in Pune, India. An e-commerce platform is maintained, focusing on the retail of electronic goods and related items. The inventory encompasses new and used mobile phones, cameras, computers, laptops, watches, home appliances, kitchen appliances, perfumes, and various accessories. Leadership is provided by Neeraj Raka, designated as Co-Founder, CEO, and COO.
- Headquarters Pune, India
- Founders Neeraj Raka
- Stage Acquired
- SectorsRetail
- Website gabbardeals.com
- Social LinkedIn X
- Acquired by ShopX (Feb 2019)
- Legal Name Pnr Commerce Services Private Limited
- Date of Incorporation 18 Jul, 2019
- Jurisdiction Pune, Maharashtra, India
- Annual Revenue₹8.45 Cr
FY 2023 · -86% YoY
- Net Loss-₹54,055
FY 2023 · 0% margin
- EBITDA₹1.5 Lakh
FY 2023 · 0% margin
- Total Equity Funding$41.31M (USD)
in 5 rounds
- InvestorsVenture Catalysts
& 32 more
- Investments & Acquisitions
- Acquired byShopX
(Feb 2019)
Associated legal entities of GabbarDeals
GabbarDeals operates through Pnr Commerce Services Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Pnr Commerce Services Private Limited CIN U52100PN2019PTC185555 | Active | 18 Jul 2019 | Pune, Maharashtra | ₹8.5 Cr | 2 | 3 | View details |
Funding Insights of GabbarDeals
GabbarDeals has successfully raised a total of $41.31M across 5 strategic funding rounds. 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 $41.31M
- Total Rounds 5
- First Round $5M
(Dec 2016)
- Investors Count 32
All 5 funding rounds of GabbarDeals 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 |
|---|---|---|---|---|---|
| Apr 2021 | – | Angel Round | $2.99M | Anil Gulabchand Jain | – |
| Jun 2020 | $466,667 | Series A | $2.95M | Venture Catalysts | |
| Nov 2019 | $847,167 | Series A | – | – | |
| Aug 2018 | $35M | Series A | – | Fung Group | – |
| Dec 2016 | $5M | Angel Round | – | Nandan M Nilekani | – |
| Date | Valuation | Stage |
|---|---|---|
| Apr 2021 | $2.99M | •••••••• |
| Jun 2020 | $2.95M | •••••••• |
Last known valuation $2.99M (Apr 2021). 33 investors in total: 9 institutional and 24 angel.
Investors in GabbarDeals
GabbarDeals has secured backing from 33 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Venture Catalysts, ShopX and KN Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage startup ecosystem is supported by Venture Catalysts in India. | 2015 | venturecatalysts.in | Mumbai, India | |
Venture debt firm | 2017 | samyakthcapital.com | Mumbai, India | |
Venture capital fund focused on tech startups | – | nidhitradecom.tcc.mode | Kolkata, India | |
- | – | seedmonklabs.tcc.mode | - | |
Supply of bearings, power transmission products, and related components for industrial applications. | 1964 | kapent.com | Chennai, India | |
Diverse food processing operations are conducted across multiple sectors. | 1930 | kngroup.in | Raipur, India | |
Various goods are wholesaled by Agni Commodities in India. | – | agnicommodities.tcc.mode | Darjeeling, India | |
A holding company specializing in supply chain management and trading activities. | 1906 | funggroup.com | Hong Kong, China | |
AK Ashok K Shah | - | – | unknown_a7451c78744d48059 | - |
RG Raju Goel | - | – | unknown_c4eda10f4bf44643b | - |
Investor details for GabbarDeals
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Verified entity values are shown only after access is granted.
Board of directors of Pnr Commerce Services Private Limited (GabbarDeals)
Pnr Commerce Services Private Limited is the primary company behind GabbarDeals. The board of Pnr Commerce Services Private Limited currently have 3 directors; the longest-serving is Niraj Rajendra Raka, appointed in 2019. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Niraj Rajendra Raka DIN 06544813 | Director | 18 Jul 2019 | 7 yrs 3 mo | Pnr Commerce Services Private Limited |
| Piyush Ganesh Raka DIN 03620906 | Director | 18 Jul 2019 | 7 yrs 3 mo | Pnr Commerce Services Private Limited |
| Siddhant Rajendra Kochar DIN 09640719 | Director | 08 Mar 2022 | 4 yrs 7 mo | Pnr Commerce Services Private Limited |
People of GabbarDeals
1 people are tracked at GabbarDeals (1 in leadership).
| Name | Role | Group |
|---|---|---|
Neeraj Raka | Co-Founder & CEO & COO | Leadership |
Complete people profiles for GabbarDeals
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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- Team structure
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Verified entity values are shown only after access is granted.
Financials of GabbarDeals
Figures of Pnr Commerce Services Private Limited, the primary company behind GabbarDeals, for FY 2023. Revenue was ₹8.45 Cr (-86% year on year). Net loss was -₹54,055 (0% margin). EBITDA was ₹1.5 Lakh (0% margin). Revenue has grown at a compounded annual rate of -40% over three years.
- ₹8.45 CrRevenue · FY 2023 · -86% YoY
- -₹54,055Net loss · 0% margin
- ₹1.5 LakhEBITDA · 0% margin
- ₹1.1 LakhPaid-up capital
- 2Employees (provident fund records)
- -40%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Pnr Commerce Services Private Limited are on its company page.
Detailed financial statements for GabbarDeals
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Investments & Acquisitions by GabbarDeals
GabbarDeals has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include InstaOne.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Provider of cloud-based POS solution for retail stores | instaone.in | Pune, India | 2015 | Nov 2020 | •••• |
Complete acquisition details for GabbarDeals
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
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- Exports
Verified entity values are shown only after access is granted.
Timeline of GabbarDeals
6 dated milestones of GabbarDeals across 21 years, from founding to its latest funding, stage changes and deals.
Top companies in Retail Stores & Chains
10 companies that operate in the same segment as GabbarDeals (Retail Stores & Chains), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online platform offering a wide range of baby, kids, and maternity products | 2010 | Pune, Maharashtra, India | USD 513.39 M | USD 911.07 M | 3,752 | |
Home improvement products and services are retailed by Lowe's. | 1946 | Mooresville, North Carolina, United States | – | USD 86.29 B | 270,000 | |
Office supplies and business products are distributed online to companies. | 1986 | Framingham, Massachusetts, United States | – | – | 13,447 | |
Pet foods, products, and care services are provided by PetSmart. | 1987 | Phoenix, Arizona, United States | USD 23.3 M | – | – | |
Multi-format offline retail is operated in India. | 1997 | Mumbai, Maharashtra, India | USD 3.41 B | USD 280.87 K | 32 | |
Grocery products are retailed through a nationwide chain of stores. | 1883 | Cincinnati, Ohio, United States | – | – | – | |
Internet first brand of fashion apparel wear for men and women | 1975 | Arteixo, A Coruna, Spain | – | USD 308.1 M | 1,454 | |
Retailer offering wide array of perfumes | 1910 | Dusseldorf, North Rhine-westphalia, Germany | USD 259.43 M | – | – | |
Groceries, essentials, clothing, and electronics are retailed nationwide. | 1962 | Minneapolis, Minnesota, United States | – | USD 104.78 B | 440,000 | |
Hypermarkets and retail stores are operated globally by Carrefour. | 1959 | Massy, France | – | USD 98.74 B | 324,750 |
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Related news about Gabbardeals
Complete news archive for GabbarDeals
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Frequently Asked Questions about GabbarDeals
GabbarDeals was founded in 2000 and raised its 1st funding round 16 years after it was founded.
GabbarDeals is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Neeraj Raka is the current CEO of GabbarDeals. They have also founded this company.
GabbarDeals is a funded company, having raised a total of $41.31M across 5 funding rounds to date. The company's 1st funding round was a Angel Round of $5M, raised on Dec 2016.
The primary company behind GabbarDeals, Pnr Commerce Services Private Limited, reported revenue of ₹8.45 Cr for FY 2023, down 86% year on year.
GabbarDeals was established in 2000 and is headquartered in Pune, India. An e-commerce platform is maintained, focusing on the retail of electronic goods and related items. The inventory encompasses new and used mobile phones, cameras, computers, laptops, watches, home appliances, kitchen appliances, perfumes, and various accessories. Leadership is provided by Neeraj Raka, designated as Co-Founder, CEO, and COO.
GabbarDeals has made 1 acquisition, including InstaOne.
GabbarDeals has 33 investors. Key investors include Venture Catalysts, ShopX, KN Group, Samyakth Capital, and Kapoor Enterprises.
The valuation of GabbarDeals is $2.99M as of Apr 2021.
GabbarDeals operates through Pnr Commerce Services Private Limited.
Yes. GabbarDeals was acquired by ShopX in February 2019.
The legal entities of GabbarDeals currently have 3 directors, including Siddhant Rajendra Kochar, Niraj Rajendra Raka, Piyush Ganesh Raka.