About MeriStore
MeriStore is a Retail company based in Bengaluru (India) founded in 2021. It delivers a platform for storefront solutions tailored to businesses. It operates on a B2B model. The company has 72 employees. Its Indian entity Protinus Fashion Networking Private Limited reported revenue of ₹1.39 Cr. Its focus areas include Technology, E-commerce, Platform Services and Storefront Solutions.
Company details
MeriStore operates with a B2B model, focusing on leveraging cutting-edge technology, operating online marketplaces, platform services, and storefront solutions. Delivers a platform for storefront solutions tailored to businesses. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
- Headquarters Bengaluru, India
- Employees 72
- SectorsRetail
- Website meristore.in
- Social Facebook
- Legal Name Protinus Fashion Networking Private Limited
- Date of Incorporation 15 Jul, 2015
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹1.39 Cr
FY 2024 · -74% YoY
- Net Loss-₹2.64 Cr
FY 2024 · -190% margin
- EBITDA-₹2.32 Cr
FY 2024 · -167% margin
- Employee Count72
Associated legal entities of MeriStore
MeriStore operates through Protinus Fashion Networking 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 |
|---|---|---|---|---|---|---|---|
| Protinus Fashion Networking Private Limited CIN U74140KA2015PTC081589 | Active | 15 Jul 2015 | Bangalore, Karnataka | ₹1.4 Cr | 72 | 2 | View details |
Board of directors of Protinus Fashion Networking Private Limited (MeriStore)
Protinus Fashion Networking Private Limited is the primary company behind MeriStore. The board of Protinus Fashion Networking Private Limited currently have 2 directors; the longest-serving is Amit Bhardwaj, appointed in 2015. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Amit Bhardwaj DIN 06578546 | Director | 15 Jul 2015 | 11 yrs 3 mo | Protinus Fashion Networking Private Limited |
| Nikhil Ramesh Hegde DIN 06578540 | Whole-time director | 15 Jul 2015 | 11 yrs 3 mo | Protinus Fashion Networking Private Limited |
Financials of MeriStore
Figures of Protinus Fashion Networking Private Limited, the primary company behind MeriStore, for FY 2024. Revenue was ₹1.39 Cr (-74% year on year). Net loss was -₹2.64 Cr (-190% margin). EBITDA was -₹2.32 Cr (-167% margin). Revenue has grown at a compounded annual rate of -47% over three years and -26% over five years.
- ₹1.39 CrRevenue · FY 2024 · -74% YoY
- -₹2.64 CrNet loss · -190% margin
- -₹2.32 CrEBITDA · -167% margin
- ₹1.79 CrPaid-up capital
- 72Employees (provident fund records)
- -47%Revenue CAGR, 3 years
- -26%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Protinus Fashion Networking Private Limited are on its company page.
Detailed financial statements for MeriStore
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Frequently Asked Questions about MeriStore
MeriStore was founded in 2021.
MeriStore is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
MeriStore has 72 employees.
The primary company behind MeriStore, Protinus Fashion Networking Private Limited, reported revenue of ₹1.39 Cr for FY 2024, down 74% year on year.
MeriStore operates with a B2B model, focusing on leveraging cutting-edge technology, operating online marketplaces, platform services, and storefront solutions. Delivers a platform for storefront solutions tailored to businesses. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
MeriStore operates through Protinus Fashion Networking Private Limited.
The legal entities of MeriStore currently have 2 directors, including Amit Bhardwaj, Nikhil Ramesh Hegde.