About HypeStore
HypeStore is a Retail company based in Mumbai (India) founded in 2021 by Faraz Naqvi and Hasan Ali Naqvi. It offers comprehensive e-commerce solutions tailored for businesses. It operates on a B2B model. Its chief executive is Faraz Naqvi. Its Indian entity Hype Ecommerce Private Limited reported revenue of ₹5.4 Lakh. Its focus areas include E-commerce, Online Retail, Platform Solutions and Business Tools. Similar companies include Cart.com, AnyMind Group, BigCommerce, ANS Commerce and CommerceIQ and 5 more; 8 of its 10 listed similar companies have raised funding.
Company details
HypeStore, led by Faraz Naqvi as Co-Founder, CEO, Hasan Ali Naqvi as Co-Founder, specializes in operating online marketplaces, selling products via the internet, platform solutions, and business tools. Offers comprehensive e-commerce solutions tailored for businesses. The team drives innovation, quality service, and sustainable practices to achieve excellence and client satisfaction.
- Headquarters Mumbai, India
- Employees 1
- Founders Faraz Naqvi, Hasan Ali Naqvi
- SectorsRetail
- Website hype.store
- Social X
- Legal Name Hype Ecommerce Private Limited
- Date of Incorporation 13 Dec, 2021
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹5.4 Lakh
FY 2024 · +41% YoY
- Net Loss-₹7.3 Lakh
FY 2024 · -136% margin
- EBITDA-₹7.3 Lakh
FY 2024 · -136% margin
- Employee Count1
Associated legal entities of HypeStore
HypeStore operates through Hype Ecommerce 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 |
|---|---|---|---|---|---|---|---|
| Hype Ecommerce Private Limited CIN U72900MH2021PTC373182 | Active | 13 Dec 2021 | Mumbai, Maharashtra | ₹0.1 Cr | – | 2 | View details |
Board of directors of Hype Ecommerce Private Limited (HypeStore)
Hype Ecommerce Private Limited is the primary company behind HypeStore. The board of Hype Ecommerce Private Limited currently have 2 directors; the longest-serving is Faraz Naqvi, appointed in 2021. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Faraz Naqvi DIN 09433258 | Director | 13 Dec 2021 | 4 yrs 10 mo | Hype Ecommerce Private Limited |
| Talat Inayat Naqui DIN 02821841 | Director | 29 Dec 2023 | 2 yrs 9 mo | Hype Ecommerce Private Limited |
People of HypeStore
2 people are tracked at HypeStore (2 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Co-Founder, CEO | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for HypeStore
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Financials of HypeStore
Figures of Hype Ecommerce Private Limited, the primary company behind HypeStore, for FY 2024. Revenue was ₹5.4 Lakh (+41% year on year). Net loss was -₹7.3 Lakh (-136% margin). EBITDA was -₹7.3 Lakh (-136% margin).
- ₹5.4 LakhRevenue · FY 2024 · +41% YoY
- -₹7.3 LakhNet loss · -136% margin
- -₹7.3 LakhEBITDA · -136% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Hype Ecommerce Private Limited are on its company page.
Detailed financial statements for HypeStore
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Similar companies to HypeStore
HypeStore has 10 listed similar companies in our database, 8 of them funded. They include Cart.com, AnyMind Group, BigCommerce, ANS Commerce and CommerceIQ, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| cart.com | 2020 | Austin, United States | $735.24M | 998 | Software suite solutions are provided for e-commerce businesses. | |
| anymindgroup.com | 2016 | Singapore | $79.7M | – | Platforms for e-commerce, marketing, and manufacturing are provided. | |
| bigcommerce.com | 2009 | Austin, United States | $233.45M | 1,321 | SaaS-based software suites for e-commerce operations are provided. | |
| anscommerce.com | 2017 | Gurugram, India | $2.52M | 45 | E-commerce solutions and logistics are provided for online businesses. | |
| commerceiq.ai | 2012 | Mountain View, United States | $195.5M | 256 | AI platform for retail ecommerce management and optimization is provided. | |
| pattern.com | 2013 | Lehi, United States | $277M | 166 | Software suite solutions are provided for brands and e-commerce businesses. | |
| zubale.com | 2018 | Mexico | $72.3M | – | Platform offering retail sales enablement and reward software | |
| baozun.com | 2007 | Shanghai, China | – | – | E-commerce solutions are provided for retail brands online. | |
| acommerce.asia | 2013 | Bangkok, Thailand | $118.8M | – | End-to-end e-commerce solutions for brands are provided. | |
| woocommerce.com | 2008 | Cape Town, South Africa | – | – | Open source solution that enables retailers to build an online store |
Detailed similar companies of HypeStore
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Top companies in E-Commerce Sellers & Service Providers
10 companies that operate in the same segment as HypeStore (E-Commerce Sellers & Service Providers), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Global commerce and digital cloud transformation services are provided internationally. | 2003 | Quebec City, Quebec, Canada | USD 143 M | – | – | |
Provider of essential services for merchants including business management, customer analysis, and payment services | 2016 | Seoul, Seoul, South Korea | USD 131.97 M | – | 172 | |
E-commerce support services are provided to various clients. | 1899 | Bradford, West Yorkshire, United Kingdom | – | – | – | |
Omni-channel payments solutions are provided for businesses worldwide. | 1981 | Alpharetta, Georgia, United States | – | USD 1.87 B | 531 | |
Apparel and accessories for men, women, and kids are retailed. | 1987 | New York, New York, United States | – | USD 596.6 M | 1,321 | |
E-commerce support services are provided to online businesses. | 1969 | Eastleigh, Hampshire, United Kingdom | – | – | – | |
Marketing and sales services are delivered to retailers by SPAR. | 1967 | Auburn Hills, Michigan, United States | – | USD 163.63 M | 3,420 | |
Customer analytics solutions are provided for brands and retailers. | 1979 | Chicago, Illinois, United States | – | – | – | |
Shopify businesses are acquired through a streamlined, efficient process. | 2021 | Miami, Florida, United States | USD 137 M | – | – | |
Oversize accelerator software solutions are provided for bulky e-commerce products. | 2006 | Lincoln, Nebraska, United States | USD 208 M | – | – |
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Related news about Hypestore
Complete news archive for HypeStore
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Frequently Asked Questions about HypeStore
HypeStore was founded in 2021.
HypeStore is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Faraz Naqvi is the current CEO of HypeStore. They have also founded this company.
HypeStore has 1 employees.
The primary company behind HypeStore, Hype Ecommerce Private Limited, reported revenue of ₹5.4 Lakh for FY 2024, up 41% year on year.
HypeStore, led by Faraz Naqvi as Co-Founder, CEO, Hasan Ali Naqvi as Co-Founder, specializes in operating online marketplaces, selling products via the internet, platform solutions, and business tools. Offers comprehensive e-commerce solutions tailored for businesses. The team drives innovation, quality service, and sustainable practices to achieve excellence and client satisfaction.
HypeStore's top competitors include CommerceIQ, Cart.com and aCommerce.
HypeStore operates through Hype Ecommerce Private Limited.
The legal entities of HypeStore currently have 2 directors, including Talat Inayat Naqui, Faraz Naqvi.