About GITSSTORE
GITSSTORE is a Retail company based in Chennai (India) founded in 2020. Functions as an online platform for gifting multi-category products. It operates on a B2C model. Its Indian entity Guru Information Technology Services Private Limited reported revenue of ₹1.45 Cr. Its focus areas include E-commerce, Online Retail, Gifting Services and Multi-category Products. Its competitors include Ferns N Petals, FlowerAura and Taj Online; 1 of its 3 listed competitors has raised funding.
Company details
GITSSTORE functions as an online platform for gifting multi-category products, focusing on operating online marketplaces, selling products via the internet, gifting services, and multi-category products. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
- Headquarters Chennai, India
- SectorsRetail
- Website gitsstore.com
- Legal Name Guru Information Technology Servicesprivate Limited
- Date of Incorporation 06 Jan, 2014
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹1.45 Cr
FY 2024 · +44% YoY
- Net Profit₹11.7 Lakh
FY 2024 · 8% margin
- EBITDA₹17.9 Lakh
FY 2024 · 12% margin
Associated legal entities of GITSSTORE
GITSSTORE operates through Guru Information Technology Services 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 |
|---|---|---|---|---|---|---|---|
| Guru Information Technology Services Private Limited CIN U72900TN2014PTC094481 | Active | 06 Jan 2014 | Chennai, Tamil Nadu | ₹1.5 Cr | 2 | View details |
Board of directors of Guru Information Technology Services Private Limited (GITSSTORE)
Guru Information Technology Services Private Limited is the primary company behind GITSSTORE. The board of Guru Information Technology Services Private Limited currently have 2 directors; the longest-serving is Murugesan Krishnaveni Jegannathan, appointed in 2014.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Murugesan Krishnaveni Jegannathan DIN 06770790 | Director | 06 Jan 2014 | 12 yrs 9 mo | Guru Information Technology Services Private Limited |
| Chellaiah Balaguru DIN 06775296 | Director | 06 Jan 2014 | 12 yrs 9 mo | Guru Information Technology Services Private Limited |
Financials of GITSSTORE
Figures of Guru Information Technology Services Private Limited, the primary company behind GITSSTORE, for FY 2024. Revenue was ₹1.45 Cr (+44% year on year). Net profit was ₹11.7 Lakh (8% margin). EBITDA was ₹17.9 Lakh (12% margin). Revenue has grown at a compounded annual rate of +125% over five years.
- ₹1.45 CrRevenue · FY 2024 · +44% YoY
- ₹11.7 LakhNet profit · 8% margin
- ₹17.9 LakhEBITDA · 12% margin
- ₹1 LakhPaid-up capital
- +125%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Guru Information Technology Services Private Limited are on its company page.
Detailed financial statements for GITSSTORE
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Competitors of GITSSTORE
GITSSTORE has 3 listed competitors in our database, 1 of them funded. They include Ferns N Petals, FlowerAura and Taj Online.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| fnp.com | 1994 | Delhi, India | 638 | Flowers and gifting products are delivered through an online platform. | ||
| floweraura.com | 2010 | Gurugram, India | $16M | 135 | Multi-category gifting products are provided via an online platform. | |
| tajonline.com | 1998 | Mumbai, India | 46 | Online platform to buy and send gifts |
Detailed competitors of GITSSTORE
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Top companies in Stationery, Gifting & Handicrafts E-Commerce
2 companies that operate in the same segment as GITSSTORE (Stationery, Gifting & Handicrafts E-Commerce) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Multi-category gifting products are provided through an online platform. | 2015 | Mumbai, Maharashtra, India | USD 4.35 M | USD 916.16 K | ||
AI-powered loyalty, rewards, and employee engagement solutions are provided. | 2012 | Bengaluru, Karnataka, India | USD 100.61 M | USD 98.95 M | 327 |
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Frequently Asked Questions about GITSSTORE
GITSSTORE was founded in 2020.
GITSSTORE is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
The primary company behind GITSSTORE, Guru Information Technology Services Private Limited, reported revenue of ₹1.45 Cr for FY 2024, up 44% year on year.
GITSSTORE functions as an online platform for gifting multi-category products, focusing on operating online marketplaces, selling products via the internet, gifting services, and multi-category products. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
GITSSTORE's top competitors include Ferns N Petals, FlowerAura and Taj Online.
GITSSTORE operates through Guru Information Technology Services Private Limited.
The legal entities of GITSSTORE currently have 2 directors, including Murugesan Krishnaveni Jegannathan, Chellaiah Balaguru.