About Jiffstore
Jiffstore is a company based in Bengaluru (India) founded in 2013 was acquired by PepperTap in December 2015. Jiffstore has raised $333.76 thousand across 3 funding rounds from investors including Times Internet, Capria and Nasib Besheer Rasheeda. The company has 1 employees as of April 06, 2024. Jiffstore operates in a competitive market with competitors including Blinkit, Swiggy, Bigbasket, Dunzo and Otipy, among others.
- Headquarter Bengaluru, India
- Employees 1 as on 06 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 Jiffstore Software Labs Private Limited
- Date of Incorporation 25 Oct, 2013
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$46.18 K (USD)377.4as on Mar 31, 2016
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Net Profit
-$327.79 K (USD)-236.1as on Mar 31, 2016
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EBITDA
-$343.85 K (USD)-255.03as on Mar 31, 2016
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Total Equity Funding
$333.76 K (USD)
in 3 rounds
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Latest Funding Round
$163.41 K (USD), Seed
Jun 17, 2015
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Investors
Times Internet
& 4 more
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Employee Count
1
as on Apr 06, 2024
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Acquired by
PepperTap
(Dec 21, 2015)
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Funding Insights of Jiffstore
Jiffstore has successfully raised a total of $333.76K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $163.41 thousand completed in June 2015. 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 Jiffstore
Jiffstore has secured backing from 5 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Times Internet, Capria and Nasib Besheer Rasheeda.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm investing in applied generative AI
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Provider of digital content, advertising solutions, and technology services
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Nasib Besheer Rasheeda |
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Investor details for Jiffstore
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Investments & Acquisitions by Jiffstore
Investment portfolio details for Jiffstore
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Financial Statements - Jiffstore
Detailed financials for Jiffstore
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Jiffstore Comparisons
Peer comparison for Jiffstore
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Competitors of Jiffstore
Jiffstore 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 Blinkit, Swiggy, Bigbasket, Dunzo and Otipy, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Instant delivery of groceries and essentials is facilitated online.
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Food and grocery items are ordered via an online network.
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Personal and household products are delivered via an e-commerce platform.
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Grocery products are provided via an online digital storefront.
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Provider of online platform offering grocery, household items, cakes, and flowers
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Detailed competitors of Jiffstore
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Latest news on Jiffstore
Complete news archive for Jiffstore
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Frequently Asked Questions about Jiffstore
Jiffstore was founded in 2013.
Jiffstore is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Jiffstore is a funded company, having raised a total of $333.76K across 3 funding rounds to date.
As of Apr 06, 2024, the latest employee count at Jiffstore is 1.
Annual revenue of Jiffstore is $46.18K as on Mar 31, 2016.
Jiffstore was established in 2013 in Bengaluru, India, as a platform in the on-demand grocery delivery sector. Multi-category grocery items are supplied through swift delivery services to urban customers. Operations are managed via the domain jiffstore.com, with a focus on efficient logistics in Indian markets. The service covers essentials and varied products, supporting daily needs in metropolitan areas.
Jiffstore has 5 investors. Key investors include Times Internet, Capria, Nasib Besheer Rasheeda, Ramesh Sethuraman, and Peppertap.
The valuation of Jiffstore is $441.55K as of Jun 2015.