GoCoop

Bengaluru, India Founded: 2011 • Age: 15 yrs
Provider of an e-commerce platform dedicated to promoting and celebrating Indian handlooms and crafts, empowering artisan communities by providing a direct-to-consumer sales channel for their products

About GoCoop

GoCoop is a Retail company based in Bengaluru (India) founded in 2011. Provider of an e-commerce platform dedicated to promoting and celebrating Indian handlooms and crafts, empowering artisan communities by providing a direct-to-consumer sales channel for their products. 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. Its chief executive, as recorded, is Ruchi Tavkar Manrai. Its website goswadeshi.in draws about 57 thousand monthly visits. Its Indian entity Gocoop Solutions And Services Private Limited reported revenue of β‚Ή13.93 Cr. GoCoop offers products and services including Handloom Sarees, Handwoven Fabrics, Apparel Accessories, and Home Decor. Its focus areas include Horizontal E-Commerce, Marketplace, Independent Designers and Handicrafts. Its competitors include Kreate, Yeebo and Kashmir Box; 2 of its 3 listed competitors have raised funding.

Company details

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.

Key Metrics
  • Annual Revenue
    ₹13.93 Cr

    FY 2023 · +9% YoY

  • Net Loss
    -₹86.7 Lakh

    FY 2023 · -6% margin

  • EBITDA
    -₹65.8 Lakh

    FY 2023 · -5% margin

  • Total Equity Funding
    $3.96M (USD)

    in 7 rounds

  • Latest Funding Round
    $125.71K (USD), Series A

    Jun 2019

  • Investors
  • Employee Count
    15

Products & Services of GoCoop

GoCoop offers a comprehensive portfolio of products and services, including Handloom Sarees, Handwoven Fabrics, Apparel Accessories, and Home Decor.

Handloom Sarees
Apparel

Traditional Indian sarees crafted by artisans for cultural wear

Handwoven Fabrics
Materials

Authentic fabrics for clothing and home use

Apparel Accessories
Accessories

Items like dupattas and stoles for fashion enhancement

Home Decor
Home Goods

Artisanal items such as bedsheets and cushions for living spaces

Apps and channels of GoCoop

its YouTube channel GoCoop has 274 subscribers and 11 videos.

GoCoop
YouTube 274 subscribers 11 videos Howto & Style
Open channel

Videos from GoCoop

The most watched videos on GoCoop's YouTube channel, GoCoop (274 subscribers). Click a video to play it here.

Google Stories Siva Devireddy GoCoop
5.1K views
GoCoop unlocked
2.3K views
GoCoop - Powered by Shopify
862 views
GoCoop
572 views

More on GoCoop.

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 $3.96M
  • Total Rounds 7
  • Last Round Series A β€” $125,710
  • First Round $290,657

    (Dec 2013)

  • Investors Count 54

All 7 funding rounds of GoCoop with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2019$125,710Series A–Partithi Investment Trust
Oct 2018$316,888Series A––
Aug 2017$467,894Series A––
Jan 2016$830,000Series A––
Feb 2015$288,981Seed–Capria
Jun 2014$1.64MSeed––
Dec 2013$290,657Seed––
Valuation history

54 investors in total: 17 institutional and 37 angel.

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.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Early-stage startups are targeted for VC and PE investments.
partithiinvestmenttrust.tcc.mode
Investments in early-stage startups are made by Brand Capital.
brandcapital.co.inMumbai, India
Venture capital firm investing in applied generative AI
capria.vcSeattle, United States
Private investment arm of Kris Gopalakrishnan Family Office.
2014pratithi.comBengaluru, India
Investments are directed by Saha Fund into diverse tech sectors.
2014sahafund.comBengaluru, India
Offering seed funding and incubation services to early-stage companies in India.
2010vertexperts.comBengaluru, India
Provision of venture capital and expertise in Agriculture, Education, Healthcare, and High Tech sectors in India.
2010splicecapital.comHyderabad, India
Angel investor network investing in early-stage startups
iangroup.vcDelhi, India
Supporting startups with India scale and global potential through venture advisory and partnerships.
unitus.vc
Commercial financing solutions for industries like clean technology, construction, and manufacturing.
2014tholonscapital.comBengaluru, India
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Investor details for GoCoop

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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Board of directors of Gocoop Solutions And Services Private Limited (GoCoop)

Gocoop Solutions And Services Private Limited is the primary company behind GoCoop. The board of Gocoop Solutions And Services Private Limited currently have 2 directors; the longest-serving is Siva Prasad Devireddy, appointed in 2011. 5 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Siva Prasad Devireddy
DIN 03552614
Director04 Oct 201115 yrsGocoop Solutions And Services Private Limited
Ankita Vashistha
DIN 00895245
Director28 Apr 201610 yrs 6 moGocoop Solutions And Services Private Limited

People of GoCoop

1 people are tracked at GoCoop (1 in leadership); the tracked headcount is 15.

NameRoleGroup
Ruchi Tavkar Manrai
CEOLeadership
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Complete people profiles for GoCoop

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Financials of GoCoop

Figures of Gocoop Solutions And Services Private Limited, the primary company behind GoCoop, for FY 2023. Revenue was ₹13.93 Cr (+9% year on year). Net loss was -₹86.7 Lakh (-6% margin). EBITDA was -₹65.8 Lakh (-5% margin). Revenue has grown at a compounded annual rate of +5% over three years and +14% over five years.

  • ₹13.93 CrRevenue · FY 2023 · +9% YoY
  • -₹86.7 LakhNet loss · -6% margin
  • -₹65.8 LakhEBITDA · -5% margin
  • ₹18 LakhPaid-up capital
  • 15Employees (provident fund records)
  • +5%Revenue CAGR, 3 years
  • +14%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Gocoop Solutions And Services Private Limited are on its company page.

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Detailed financial statements for GoCoop

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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  • Downloads

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Timeline of GoCoop

3 dated milestones of GoCoop across 8 years, from founding to its latest funding, stage changes and deals.

  1. Founded GoCoop is founded.
  2. Funding First funding round of $291K.
  3. Funding Latest funding round, Series A, of $126K.

Competitors of GoCoop

GoCoop has 3 listed competitors in our database, 2 of them funded. They include Kreate, Yeebo and Kashmir Box.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
kreateworld.in2019Bengaluru, India$106,61835
Kreate is recognized as India's largest marketplace for handmade products.
yeebo.app2020Delhi, India
An online platform offering a variety of handmade products.
kashmirbox.com2011Srinagar, India$55,885
Handcrafted products are showcased via an online marketplace platform.
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Detailed competitors of GoCoop

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Web traffic of GoCoop

The website of GoCoop (goswadeshi.in) receives about 56.7K visits a month.

  • Monthly visits
    56.7K

    ▼ 36% vs previous month

Similar websites

Websites whose visitors overlap most with GoCoop. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
priyaodisha.com
priyaodisha.com
100%
#1,842,587–
amounee.com
98%
19.6K#990,522View details
monamaar.com
monamaar.com
96%
#260,451–
hutsandlooms.com
91%
680.7K#303,958View details
sanskrutistore.com
sanskrutistore.com
90%
#420,357–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 40 similar websites and full traffic analytics for GoCoop

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Top companies in Fashion & Lifestyle E-Commerce

3 companies that operate in the same segment as GoCoop (Fashion & Lifestyle E-Commerce) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Eyewear is offered online for men, women, and kids.
2010Gurugram, Haryana, IndiaUSD 1.04 BUSD 939.4 M18,984
Fashion and lifestyle products are offered via an online marketplace.
2007Bengaluru, Karnataka, IndiaUSD 123.71 MUSD 542.17 M1,108
Gold and silver jewellery, lab-grown diamonds, and accessories are retailed.
2019Bengaluru, Karnataka, IndiaUSD 143.24 MUSD 32.66 M711
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Related news about 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.

Ruchi Tavkar Manrai is the CEO of GoCoop, as recorded in our data.

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 Seed of $290.66K, raised on Dec 2013.

GoCoop has 15 employees.

The primary company behind GoCoop, Gocoop Solutions And Services Private Limited, reported revenue of β‚Ή13.93 Cr for FY 2023, up 9% year on year.

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.

GoCoop's top competitors include Kreate, Kashmir Box and Yeebo.

GoCoop offers Handloom Sarees, Handwoven Fabrics, Apparel Accessories, and Home Decor.

GoCoop has 54 investors. Key investors include Amity University, Tholons Capital, Saha Fund, Vertexperts Consulting, and Splice Capital.

GoCoop operates through Gocoop Solutions And Services Private Limited.

The legal entities of GoCoop currently have 2 directors, including Siva Prasad Devireddy, Ankita Vashistha.

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