About gocoop
gocoop is a company based in Bengaluru (India) founded in 2011 by Siva Devireddy. It operates as a B2C and D2C. gocoop has raised $2.32 million across 6 funding rounds from investors including Amity University, Tholons Capital and Saha Fund. The company has 15 employees as of March 31, 2023. gocoop offers products and services including Handloom Sarees, Handwoven Fabrics, Apparel Items, and Home Decor. gocoop operates in a competitive market with competitors including Yeebo, Artisan Glory, Punarnawa, Peeli Dori and Aporv, among others.
- Headquarter Bengaluru, India
- Employees 15 as on 31 Mar, 2023
- Founders Siva Devireddy
- Stage Minicorn
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Sectors
Industrial Goods & ManufacturingConsumer
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Email
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Phone
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Website
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Social
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- Legal Name Gocoop Solutions And Services Private Limited
- Date of Incorporation 04 Oct, 2011
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$1.68 M (USD)140.25as on Mar 31, 2023
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Net Profit
-$104.24 K (USD)23.84as on Mar 31, 2023
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EBITDA
-$107.14 K (USD)-68.74as on Mar 31, 2023
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Total Equity Funding
$2.32 M (USD)
in 6 rounds
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Latest Funding Round
$125.71 K (USD), Series A
Jun 24, 2019
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Investors
Amity University
& 49 more
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Employee Count
15
as on Mar 31, 2023
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Products & Services of gocoop
gocoop offers a comprehensive portfolio of products and services, including Handloom Sarees, Handwoven Fabrics, Apparel Items, and Home Decor.
Traditional Indian sarees crafted by artisans for cultural wear
Fabrics used for clothing and home applications
Handcrafted kurtis and accessories for everyday use
Artisanal items like cushions and baskets for living spaces
People of gocoop
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Funding Insights of gocoop
gocoop has successfully raised a total of $2.32M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $125.71 thousand completed in June 2019. 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 gocoop
gocoop has secured backing from 50 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Amity University, Tholons Capital and Saha Fund.
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Investments in early-stage startups are made by Brand Capital.
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Investor details for gocoop
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Investments & Acquisitions by gocoop
Investment portfolio details for gocoop
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Financial Statements - gocoop
Detailed financials for gocoop
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Gocoop Comparisons
Peer comparison for gocoop
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Competitors of gocoop
gocoop 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 Yeebo, Artisan Glory, Punarnawa, Peeli Dori and Aporv, among others.
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An online platform offering a variety of handmade products.
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Functions as an online marketplace featuring a wide range of multi-category fashion products for diverse customer needs.
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Operates an e-commerce store specializing in handcrafted products.
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Online platform selling Indian sarees, dresses, and ethnic wear for women.
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Operates an online marketplace specializing in handcrafted fashion products.
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Detailed competitors of gocoop
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Latest news on Gocoop
Complete news archive for gocoop
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Frequently Asked Questions about gocoop
gocoop was founded in 2011 and raised its 1st funding round 2 years after it was founded.
gocoop is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
gocoop is a funded company, having raised a total of $2.32M across 6 funding rounds to date.
As of Mar 31, 2023, the latest employee count at gocoop is 15.
Annual revenue of gocoop is $1.68M as on Mar 31, 2023.
GoSwadeshi by GoCoop operates as an e-commerce marketplace that offers authentic Indian handloom sarees, fabrics, apparel, and home decor items directly from artisans. It promotes sustainable crafts and empowers weaver communities by providing a digital platform for sales. Based in Bangalore and Hyderabad, India, it serves global customers through online shopping, focusing on traditional weaves and cultural preservation.
gocoop's top competitors include Aporv, Online bazar india and Rianaa.
gocoop offers Handloom Sarees, Handwoven Fabrics, Apparel Items, and Home Decor.
gocoop has 50 investors. Key investors include Amity University, Tholons Capital, Saha Fund, Vertexperts Consulting, and Splice Capital.
The valuation of gocoop is $7.58M as of Jun 2019.