About GoCoop
GoCoop is a company based in Bengaluru (India) founded in 2011.. GoCoop has raised $3.96 million across 7 funding rounds from investors including Amity University, Tholons Capital and Saha Fund. The company has 15 employees as of April 05, 2024. GoCoop offers products and services including Handloom Sarees, Handwoven Fabrics, Apparel Accessories, and Home Decor. GoCoop operates in a competitive market with competitors including gocoop, Kreate, Yeebo, Kashmir Box and Zola India, among others.
- Headquarter Bengaluru, India
- Employees 15 as on 05 Apr, 2024
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Sectors
Retail
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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
$3.96 M (USD)
in 7 rounds
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Latest Funding Round
$125.71 K (USD), Series A
Jun 24, 2019
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Investors
Amity University
& 53 more
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Employee Count
15
as on Apr 05, 2024
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Products & Services of GoCoop
GoCoop offers a comprehensive portfolio of products and services, including Handloom Sarees, Handwoven Fabrics, Apparel Accessories, and Home Decor. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Traditional Indian sarees crafted by artisans for cultural wear
Authentic fabrics for clothing and home use
Items like dupattas and stoles for fashion enhancement
Artisanal items such as bedsheets and cushions for living spaces
Funding Insights of GoCoop
GoCoop has successfully raised a total of $3.96M across 7 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.
- Total Funding Total Funding
- Total Rounds 7
- Last Round Series A — $125,710
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First Round
First Round
(17 Dec 2013)
- Investors Count 54
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2019 | Amount | Series A - GoCoop | Valuation | Partithi Investment Trust | |
| Oct, 2018 | Amount | Series A - GoCoop | Valuation |
investors |
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| Aug, 2017 | Amount | Series A - GoCoop | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in GoCoop
GoCoop has secured backing from 54 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Amity University, Tholons Capital and Saha Fund. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage startups are targeted for VC and PE investments.
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Founded Year | Domain | Location | |
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Investments in early-stage startups are made by Brand Capital.
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Founded Year | Domain | Location | |
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Venture capital firm investing in applied generative AI
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by GoCoop
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - GoCoop
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Gocoop Comparisons
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 gocoop, Kreate, Yeebo, Kashmir Box and Zola India, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online platform selling Indian handloom products and artisan crafts globally.
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| domain | founded_year | HQ Location |
Kreate is recognized as India's largest marketplace for handmade products.
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| domain | founded_year | HQ Location |
An online platform offering a variety of handmade products.
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| domain | founded_year | HQ Location |
Handcrafted products are showcased via an online marketplace platform.
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| domain | founded_year | HQ Location |
Retailer of handcrafted Indian jewellery
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| domain | founded_year | HQ Location |
Multi-category products are offered through an online marketplace platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about GoCoop
When was GoCoop founded?
GoCoop was founded in 2011 and raised its 1st funding round 2 years after it was founded.
Where is GoCoop located?
GoCoop is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of GoCoop?
Ruchi Tavkar Manrai is the current CEO of GoCoop.
Is GoCoop a funded company?
GoCoop is a funded company, having raised a total of $3.96M across 7 funding rounds to date. The company's 1st funding round was a Series A of $467.89K, raised on Dec 17, 2013.
How many employees does GoCoop have?
As of Apr 05, 2024, the latest employee count at GoCoop is 15.
What is the annual revenue of GoCoop?
Annual revenue of GoCoop is $1.68M as on Mar 31, 2023.
What does GoCoop do?
GoCoop was established in 2011 in Bengaluru, India, as an e-commerce platform focused on handlooms and crafts. Operations center on connecting artisan communities directly to consumers, facilitating sales of traditional Indian products. The sector involves digital marketplaces that support local craftspeople by streamlining access to broader markets without intermediaries. Services include online listings, transactions, and community empowerment initiatives within the Indian textile and handicraft industry.
Who are the top competitors of GoCoop?
GoCoop's top competitors include gocoop, Kreate and Kashmir Box.
What products or services does GoCoop offer?
GoCoop offers Handloom Sarees, Handwoven Fabrics, Apparel Accessories, and Home Decor.
Who are GoCoop's investors?
GoCoop has 54 investors. Key investors include Amity University, Tholons Capital, Saha Fund, Vertexperts Consulting, and Splice Capital.