About Jaypore
Jaypore is a company based in Delhi (India) founded in 2011 by Deap Ubhi was acquired by ABFRL in June 2019.. Jaypore has raised $7.86 million across 4 funding rounds from investors including ABFRL, Aavishkaar Capital and Vivek Khare. The company has 295 employees as of April 09, 2024. Jaypore offers products and services including Kurtas, Sarees, Jewelry, Home Linen, and Bags. Jaypore operates in a competitive market with competitors including Frido, Karghewale, Lemonade, iGRiD and GiTAGGED, among others.
- Headquarter Delhi, India
- Employees 295 as on 09 Apr, 2024
- Founders Deap Ubhi
- Stage Minicorn
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Jaypore E-Commerce Private Limited
- Date of Incorporation 21 Feb, 2012
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$5.39 M (USD)-1.11as on Mar 31, 2019
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Net Profit
$-870.39 K (USD)47.85as on Mar 31, 2019
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EBITDA
$-1.24 M (USD)27.87as on Mar 31, 2019
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Total Equity Funding
$7.86 M (USD)
in 4 rounds
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Latest Funding Round
$3 M (USD), Series A
Oct 03, 2016
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Investors
ABFRL
& 4 more
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Employee Count
295
as on Apr 09, 2024
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Acquired by
ABFRL
(Jun 10, 2019)
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Products & Services of Jaypore
Jaypore offers a comprehensive portfolio of products and services, including Kurtas, Sarees, Jewelry, Home Linen, and Bags. 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 clothing for everyday wear
Ethnic Indian garments with intricate designs
Handcrafted pieces including earrings and necklaces
Textile items like cushions and bedsheets
Functional and decorative bags for daily use
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Funding Insights of Jaypore
Jaypore has successfully raised a total of $7.86M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $3 million completed in October 2016. 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 4
- Last Round Series A — $3.0M
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First Round
First Round
(01 Aug 2013)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2016 | Amount | Series A - Jaypore | Valuation | Aavishkaar Capital |
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| Feb, 2016 | Amount | Series A - Jaypore | Valuation | Aavishkaar Capital | |
| Jul, 2015 | Amount | Angel Round - Jaypore | Valuation | Haresh Chawla |
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| 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 |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Jaypore
Jaypore has secured backing from 5 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include ABFRL, Aavishkaar Capital and Vivek Khare. 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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Venture capital firm
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Founded Year | Domain | Location | |
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Retail chain of premium lifestyle apparels
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Founded Year | Domain | Location | |
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VK
Vivek Khare |
Angel investor, ex-Amazon, focused on tech startups in India
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
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 Jaypore
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
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 - Jaypore
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Jaypore Comparisons
Competitors of Jaypore
Jaypore 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 Frido, Karghewale, Lemonade, iGRiD and GiTAGGED, 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 |
Ergonomic products for pain relief and posture support are provided.
|
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| domain | founded_year | HQ Location |
Handlooms and crafts apparel are retailed for the fashion industry.
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| domain | founded_year | HQ Location |
Eco-friendly multi-category products are sold online by Lemonade.
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| domain | founded_year | HQ Location |
Multi-category electronic products are sold online by iGRiD.
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| domain | founded_year | HQ Location |
Online platform for authentic GI-tagged groceries, handicrafts, and textiles.
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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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Latest news on Jaypore
Frequently Asked Questions about Jaypore
When was Jaypore founded?
Jaypore was founded in 2011 and raised its 1st funding round 2 years after it was founded.
Where is Jaypore located?
Jaypore is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Is Jaypore a funded company?
Jaypore is a funded company, having raised a total of $7.86M across 4 funding rounds to date. The company's 1st funding round was a Angel Round of $156.29K, raised on Aug 01, 2013.
How many employees does Jaypore have?
As of Apr 09, 2024, the latest employee count at Jaypore is 295.
What is the annual revenue of Jaypore?
Annual revenue of Jaypore is $5.39M as on Mar 31, 2019.
What does Jaypore do?
Jaypore was founded in 2011 in Delhi, India, as an e-commerce platform focused on handcrafted and artisanal goods. A range of items, including clothing like kurtas and sarees, jewelry, home linen, and decorative pieces, is offered through the site jaypore.com. Operations center on curating diverse collections from artisans, with sales conducted online to customers primarily in India. The platform is led by co-founder Deap Ubhi.
Who are the top competitors of Jaypore?
Jaypore's top competitors include Frido, Karghewale and India Circus.
What products or services does Jaypore offer?
Jaypore offers Kurtas, Sarees, Jewelry, Home Linen, and Bags.
Who are Jaypore's investors?
Jaypore has 5 investors. Key investors include ABFRL, Aavishkaar Capital, Vivek Khare, Haresh Chawla, and Suvesh Malhotra.
What is Jaypore's valuation?
The valuation of Jaypore is $13.8M as of Oct 2016.