About Jiffstore
Jiffstore is a Retail company based in Bengaluru (India) founded in 2013, and was acquired by PepperTap in December 2015. On-demand multi-category grocery delivery is facilitated by the platform. 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. Jiffstore was last valued at $441.55 thousand in June 2015. Its Indian entity Jiffstore Software Labs Private Limited reported revenue of ₹31.4 Lakh. The company was acqui-hired. Its focus areas include Food and Agriculture Tech, Online Grocery, B2C Ecommerce and Multi Category. Its competitors include Blinkit, Swiggy and Bigbasket; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Bengaluru, India
- Employees 1
- Stage Acquired
- SectorsRetail
- Email••••••••
- Website jiffstore.com
- Social LinkedIn X
- Acquired by PepperTap (Dec 2015)
- Legal Name Jiffstore Software Labs Private Limited
- Date of Incorporation 25 Oct, 2013
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹31.4 Lakh
FY 2016 · +377% YoY
- Net Loss-₹2.23 Cr
FY 2016 · -710% margin
- EBITDA-₹2.10 Cr
FY 2016 · -669% margin
- Total Equity Funding$333.76K (USD)
in 3 rounds
- Latest Funding Round$163.41K (USD), Seed
Jun 2015
- InvestorsTimes Internet
& 4 more
- Employee Count1
- Acquired byPepperTap
(Dec 2015)
Associated legal entities of Jiffstore
Jiffstore operates through Jiffstore Software Labs Private Limited (strike off). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2016) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Jiffstore Software Labs Private Limited CIN U72200KA2013PTC071581 | Strike Off | 25 Oct 2013 | Bangalore, Karnataka | ₹0.3 Cr | 2 | View details |
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.
- Total Funding $333,764
- Total Rounds 3
- Last Round Seed — $163,408
- First Round $16,148
(Dec 2013)
- Investors Count 4
All 3 funding rounds of Jiffstore with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2015 | $163,408 | Seed | $441,549 | Capria, Nasib Besheer Rasheeda | |
| May 2014 | $154,208 | Seed | $441,922 | Capria | – |
| Dec 2013 | $16,148 | Seed | $••••• | Times Internet | – |
Last known valuation $441,549 (Jun 2015). 5 investors in total: 3 institutional and 2 angel.
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 |
|---|---|---|---|---|
Venture capital firm investing in applied generative AI | capria.vc | Seattle, United States | ||
Provider of digital content, advertising solutions, and technology services | 1999 | timesinternet.in | Gurugram, India | |
NB Nasib Besheer Rasheeda | unknown_1525959b13f1412d8 | |||
RS Ramesh Sethuraman | unknown_9d0b051e33a944328 | |||
Online content on health, fitness, and lifestyle is provided by Peppertap. | peppertap.com | Netherlands |
Investor details for Jiffstore
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Jiffstore Software Labs Private Limited (Jiffstore)
Jiffstore Software Labs Private Limited is the primary company behind Jiffstore. The board of Jiffstore Software Labs Private Limited currently have 2 directors; the longest-serving is Shameel Abdulla, appointed in 2013. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Shameel Abdulla DIN 05186460 | Director | 25 Oct 2013 | 12 yrs 11 mo | Jiffstore Software Labs Private Limited |
| Aswin Ramachandran DIN 05012058 | Director | 25 Oct 2013 | 12 yrs 11 mo | Jiffstore Software Labs Private Limited |
Financials of Jiffstore
Figures of Jiffstore Software Labs Private Limited, the primary company behind Jiffstore, for FY 2016. Revenue was ₹31.4 Lakh (+377% year on year). Net loss was -₹2.23 Cr (-710% margin). EBITDA was -₹2.10 Cr (-669% margin).
- ₹31.4 LakhRevenue · FY 2016 · +377% YoY
- -₹2.23 CrNet loss · -710% margin
- -₹2.10 CrEBITDA · -669% margin
- ₹1.7 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Jiffstore Software Labs Private Limited are on its company page.
Detailed financial statements for Jiffstore
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Jiffstore
4 dated milestones of Jiffstore across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Jiffstore is founded.
- Funding First funding round of $16K.
- Funding Latest funding round, Seed, of $163K.
- Exit Acquired by PepperTap.
Competitors of Jiffstore
Jiffstore has 3 listed competitors in our database, 3 of them funded. They include Blinkit, Swiggy and Bigbasket.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| blinkit.com | 2013 | Gurugram, India | $757.52M | 5,975 | Instant delivery of groceries and essentials is facilitated online. | |
| swiggy.com | 2014 | Bengaluru, India | $3.62B | 4,953 | Food and grocery items are ordered via an online network. | |
| bigbasket.com | 2011 | Bengaluru, India | $943.07M | 22,095 | Personal and household products are delivered via an e-commerce platform. |
Detailed competitors of Jiffstore
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Food & Grocery Retail
3 companies that operate in the same segment as Jiffstore (Food & Grocery Retail) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.62 B | USD 2.46 B | 4,488 | |
Personal and household products are delivered via an e-commerce platform. | 2011 | Bengaluru, Karnataka, India | USD 943.07 M | USD 1.17 B | 22,095 | |
Instant delivery of groceries and essentials is facilitated online. | 2013 | Gurugram, Haryana, India | USD 757.52 M | 11,913 |
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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. The company's 1st funding round was a Seed of $16.15K, raised on Dec 2013.
Jiffstore has 1 employees.
The primary company behind Jiffstore, Jiffstore Software Labs Private Limited, reported revenue of ₹31.4 Lakh for FY 2016, up 377% year on year.
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.
Jiffstore operates through Jiffstore Software Labs Private Limited.
Yes. Jiffstore was acquired by PepperTap in December 2015.
The legal entities of Jiffstore currently have 2 directors, including Shameel Abdulla, Aswin Ramachandran.