About Myonsto
Myonsto was a Retail company based in Ahmedabad (India) founded in 2015 by Hetal K Shah and Sahil Dalal. An online platform for convenient grocery delivery services. It operates on a B2C model. Myonsto has raised $315 thousand across 1 funding round from investors including Jayant Babulal Bokadiya. The company is recorded as dissolved. Its focus areas include E-commerce, Grocery Delivery and Online Ordering. Its legal entity in India is Nd Retail Private Limited (U52390GJ2015PTC084139). Its competitors include Blinkit, Bigbasket and Swiggy; 3 of its 3 listed competitors have raised funding.
Company details
Myonsto an online platform for convenient grocery delivery services through engaging in retail operations, operating online marketplaces, offering grocery delivery, and online ordering. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Ahmedabad, India
- Founders Hetal K Shah, Sahil Dalal
- SectorsRetail
- Website myonsto.com
- Social X
- Legal Name Nd Retail Private Limited
- Date of Incorporation 10 Aug, 2015
- Jurisdiction Ahmedabad, Gujarat, India
- Total Equity Funding$315K (USD)
in 1 rounds
- Latest Funding Round$315K (USD), Angel Round
Jul 2015
Associated legal entities of Myonsto
Myonsto operates through Nd Retail Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2021) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Nd Retail Private Limited CIN U52390GJ2015PTC084139 | Active | 10 Aug 2015 | Ahmedabad, Gujarat | 2 | View details |
Funding Insights of Myonsto
Myonsto has successfully raised a total of $315K through 1 strategic funding round. The most recent funding activity was a Angel Round of $315 thousand completed in July 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 $315,000
- Total Rounds 1
- Last Round Angel Round — $315,000
- First Round $315,000
(Jul 2015)
- Investors Count 1
All 1 funding rounds of Myonsto 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 |
|---|---|---|---|---|---|
| Jul 2015 | $315,000 | Angel Round | – | Jayant Babulal Bokadiya | – |
1 investors in total: 0 institutional and 1 angel.
Investors in Myonsto
Myonsto has secured backing from 1 investor, including angel investors. Prominent investors backing the company include Jayant Babulal Bokadiya.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
JB Jayant Babulal Bokadiya | unknown_46a7efe46bc148218 |
Investor details for Myonsto
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Board of directors of Nd Retail Private Limited (Myonsto)
Nd Retail Private Limited is the primary company behind Myonsto. The board of Nd Retail Private Limited currently have 2 directors; the longest-serving is Sahil Nimish Dalal, appointed in 2015.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sahil Nimish Dalal DIN 07217285 | Director | 10 Aug 2015 | 11 yrs 2 mo | Nd Retail Private Limited |
| Hetal K Shah DIN 07232075 | Director | 10 Aug 2015 | 11 yrs 2 mo | Nd Retail Private Limited |
People of Myonsto
2 people are tracked at Myonsto (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Founder | Leadership |
Complete people profiles for Myonsto
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Timeline of Myonsto
2 dated milestones of Myonsto, from founding to its latest funding, stage changes and deals.
- Founded Myonsto is founded.
- Funding First funding round of $315K.
Competitors of Myonsto
Myonsto has 3 listed competitors in our database, 3 of them funded. They include Blinkit, Bigbasket and Swiggy.
| 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. | |
| bigbasket.com | 2011 | Bengaluru, India | $943.07M | 22,095 | Personal and household products are delivered via an e-commerce platform. | |
| swiggy.com | 2014 | Bengaluru, India | $3.62B | 4,953 | Food and grocery items are ordered via an online network. |
Detailed competitors of Myonsto
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Top companies in Food & Grocery Retail
3 companies that operate in the same segment as Myonsto (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 3.54 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 Myonsto
Myonsto was founded in 2015.
Myonsto is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
Myonsto is a funded company, having raised a total of $315K across 1 funding round to date. The company's 1st funding round was a Angel Round of $315K, raised on Jul 2015.
Myonsto an online platform for convenient grocery delivery services through engaging in retail operations, operating online marketplaces, offering grocery delivery, and online ordering. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
Myonsto has 1 investor. Key investors include Jayant Babulal Bokadiya.
Myonsto operates through Nd Retail Private Limited.
The legal entities of Myonsto currently have 2 directors, including Sahil Nimish Dalal, Hetal K Shah.