About LiteStore
LiteStore is a company based in Bengaluru (India) founded in 2021 by Tarun Sundaram, Pranav Agrawal, and Puneet Dinesh. LiteStore has raised $11.16 million across 3 funding rounds from investors including Angel List, Accel and Brigade REAP. LiteStore operates in a competitive market with competitors including SPS Commerce, Petsknow, Beijing Youbu Intelligent Technology and RGBMAX, among others.
- Headquarter Bengaluru, India
- Founders Tarun Sundaram, Pranav Agrawal, Puneet Dinesh
- Stage Minicorn
- SectorsRetailTechnology
- Email••••••••
- Phone•••• ••••
- Website litestore.in
- Social LinkedIn
- Legal Name Popspace Technologies Private Limited
- Date of Incorporation 13 Jul, 2021
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹27.85 Cr
FY 2025 · +360% YoY
- Net Loss-₹8.52 Cr
FY 2025 · -31% margin
- EBITDA-₹6.02 Cr
FY 2025 · -22% margin
- Total Equity Funding$11.16M (USD)
in 3 rounds
- Latest Funding Round$3.92M (USD), Series A
Dec 2025
- InvestorsAngel List
& 7 more
Associated legal entities of LiteStore
LiteStore operates through Popspace Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Popspace Technologies Private Limited CIN U72900KA2021PTC149415 | Active | 13 Jul 2021 | Bangalore, Karnataka | ₹27.9 Cr | 24 | 5 | View details |
Funding Insights of LiteStore
LiteStore has successfully raised a total of $11.16M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $3.92 million completed in December 2025. 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 $11.16M
- Total Rounds 3
- Last Round Series A — $3.92M
- First Round $1.71M
(Mar 2023)
- Investors Count 8
All 3 funding rounds of LiteStore 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 |
|---|---|---|---|---|---|
| Dec 2025 | $3.92M | Series A | – | Sorin | |
| Mar 2024 | $5.53M | Series A | $21.13M | Panthera Peak Capital, Accel | – |
| Mar 2023 | $1.71M | Seed | $5.59M | Accel, Angel List |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2024 | $21.13M | •••••••• |
| Mar 2023 | $5.59M | •••••••• |
Last known valuation $21.13M (Mar 2024). 8 investors in total: 8 institutional.
Investors in LiteStore
LiteStore has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Angel List, Accel and Brigade REAP.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture debt fund focused on early stage companies | 2021 | panthera-peak.com | - | |
Accel is recognized as a leading venture capital firm. | 1983 | accel.com | Palo Alto, United States | |
Investment firm offering funding solutions to early stage tech companies | 2021 | sorininvestments.com | Mumbai, India | |
Urban Tech accelerator programme focusing on sustainable innovations. | 2016 | brigadereap.com | Bengaluru, India | |
Early stage venture capital investments are provided by Huddle Ventures. | 2018 | huddleventures.vc | Gurugram, India | |
- | – | blueashvacapital.com | - | |
Alternative investment platform for startups and investors is operated. | 2010 | angellist.com | San Francisco, United States | |
- | – | truealpha.tcc.mode | - |
Investor details for LiteStore
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 Popspace Technologies Private Limited (LiteStore)
Popspace Technologies Private Limited is the primary company behind LiteStore. The board of Popspace Technologies Private Limited currently have 5 directors; the longest-serving is Tarun Sundaram, appointed in 2021. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Tarun Sundaram DIN 09005359 | Director | 13 Jul 2021 | 5 yrs 2 mo | Popspace Technologies Private Limited |
| Puneet Dinesh DIN 09317638 | Director | 05 Oct 2021 | 5 yrs | Popspace Technologies Private Limited |
| Mahendran Balachandran DIN 00121640 | Nominee Director | 07 Oct 2024 | 2 yrs | Popspace Technologies Private Limited |
| Mandar Chandrashekhar Dandekar DIN 06596183 | Nominee Director | 07 Dec 2024 | 1 yr 10 mo | Popspace Technologies Private Limited |
| Srinivasan Raghunandhan DIN 01668619 | Additional Director | 09 Jul 2025 | 1 yr 3 mo | Popspace Technologies Private Limited |
People of LiteStore
7 people are tracked at LiteStore (7 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
Tarun S. | CEO | Leadership |
Siddarth Kukreja | Head Of Business Development - Real Estate | Leadership |
Natasha Soni | Head Of Strategy (brand Partnerships) | Leadership |
Aashna Khanna | Head Of Multi Brand Outlet Format And Marketing | Leadership |
Complete people profiles for LiteStore
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of LiteStore
Figures of Popspace Technologies Private Limited, the primary company behind LiteStore, for FY 2025. Revenue was ₹27.85 Cr (+360% year on year). Net loss was -₹8.52 Cr (-31% margin). EBITDA was -₹6.02 Cr (-22% margin). Revenue has grown at a compounded annual rate of +380% over three years.
- ₹27.85 CrRevenue · FY 2025 · +360% YoY
- -₹8.52 CrNet loss · -31% margin
- -₹6.02 CrEBITDA · -22% margin
- ₹1.10 CrPaid-up capital
- 24Employees (provident fund records)
- +380%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Popspace Technologies Private Limited are on its company page.
Detailed financial statements for LiteStore
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of LiteStore
4 dated milestones of LiteStore across 4 years, from founding to its latest funding, stage changes and deals.
- Founded LiteStore is founded.
- Funding First funding round of $1.7M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $3.9M.
Competitors of LiteStore
LiteStore 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 SPS Commerce, Petsknow, Beijing Youbu Intelligent Technology and RGBMAX, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| spscommerce.com | 1998 | Minneapolis, United States | $50.5M | 1,502 | Software suite solutions for retail supply chain are provided. | |
| petsknow.cn | 2015 | Beijing, China | $986,568 | – | Platform offering solution to open pet store | |
| ugohouse.com | 2017 | Hangzhou, China | $751,281 | – | AI-enabled tech services are provided for offline stores. | |
| rgbmax.com | 2017 | China | – | – | Provides LED display screens and retail advertising solutions for businesses. |
Detailed competitors of LiteStore
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.
Web traffic of LiteStore
The website of LiteStore (litestore.in) receives about 1.9K visits a month.
- Monthly visits1.9K
▼ 54.4% vs previous month
Websites whose visitors overlap most with LiteStore. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| reit.com | 100% | – | #291,114 | View details |
Latest news on Litestore
Complete news archive for LiteStore
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to LiteStore
10 companies that operate in the same segment as LiteStore (Autonomous & In-Store Retail Tech), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Purchase financing solutions are offered to businesses via installment payments. | 2019 | Dubai, Dubai, United Arab Emirates | USD 837 M | – | – | |
Point-of-sale financing is facilitated via an online platform for retailers. | 2016 | Los Angeles, California, United States | USD 158.63 M | – | 128 | |
App-based bookkeeping solutions are offered for small business management. | 2018 | Bengaluru, Karnataka, India | USD 186.62 M | USD 165.88 K | – | |
POS solutions are provided for retail businesses. | 2009 | San Francisco, California, United States | USD 519.75 M | – | – | |
Provider of cloud-based POS software solutions for businesses and service providers | 1999 | San Francisco, California, United States | USD 923 M | – | – | |
Retail intelligence platform is developed for brands and B2B retailers. | 2008 | Bengaluru, Karnataka, India | USD 21.11 M | USD 7.69 M | 345 | |
Point-of-sale financing is enabled for installment purchases at partnered retailers. | 2016 | Minneapolis, Minnesota, United States | USD 17.51 M | USD 450.28 M | 408 | |
Loyalty management solutions are provided for offline retail stores. | 2012 | San Francisco, California, United States | USD 23.1 M | – | 23 | |
Mobile apps enable real-time retail data collection by field teams. | 2011 | Denver, Colorado, United States | USD 71 M | – | – | |
Unified platform for retail and supply chain planning is offered. | 2005 | Helsinki, Finland | USD 816.41 M | – | – |
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Frequently Asked Questions about LiteStore
LiteStore was founded in 2021 and raised its 1st funding round 2 years after it was founded.
LiteStore is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
LiteStore is a funded company, having raised a total of $11.16M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.71M, raised on Mar 2023.
The primary company behind LiteStore, Popspace Technologies Private Limited, reported revenue of ₹27.85 Cr for FY 2025, up 360% year on year.
Platform that enables brands to source, design, and operate retail stores. It is a flexi-retail platform that enables brands to easily source, design, execute, and operate retail stores. The company provides an offline enabler ecosystem for brands to create premium physical stores for a short-term or long-term period. The platform allows brands to bring their brand to life in a retail space, combining online and offline channels to enhance customer experience.
LiteStore's top competitors include SPS Commerce, Petsknow and Beijing Youbu Intelligent Technology.
LiteStore has 8 investors. Key investors include Angel List, Accel, Brigade REAP, Panthera Peak Capital, and Sorin.
The valuation of LiteStore is $21.13M as of Mar 2024.
LiteStore operates through Popspace Technologies Private Limited.
The legal entities of LiteStore currently have 5 directors, including Mandar Chandrashekhar Dandekar, Mahendran Balachandran, Puneet Dinesh and others.