About MyyShopp
MyyShopp is a Retail company based in Pune (India) founded in 2016 by Balaji Jagannathan. Grocery stores are aggregated online for user ordering and delivery. MyyShopp has raised $247.95 thousand across 2 funding rounds from investors including Chawan Vishali, Deepak Mudalgikar and Milind Labhe. MyyShopp was last valued at $6.97 million in May 2017. Its Indian entity Myyshopp Ecommerce Technologies Private Limited reported revenue of ₹18.8 Lakh. Its focus areas include Food and Agriculture Tech, Online Grocery, B2C Ecommerce and Multi Category. Its competitors include Blinkit, Bigbasket and Swiggy; 3 of its 3 listed competitors have raised funding.
Company details
MyyShopp was established in 2016 in Pune, India, as an online platform in the grocery aggregation sector. Offline grocery stores are listed from various regions, allowing users to place orders for items that are subsequently delivered. Coverage includes states such as Andhra Pradesh, Bihar, Karnataka, Punjab, Goa, Maharashtra, Kerala, Madhya Pradesh, and Tamil Nadu, with services focused on connecting users to local stores for efficient procurement.
- Headquarters Pune, India
- Founders Balaji Jagannathan
- Stage Minicorn
- SectorsRetail
- Email••••••••
- Phone•••• ••••
- Website myyshopp.com
- Social LinkedIn Facebook
- Legal Name Myyshopp Ecommerce Technologies Private Limited
- Date of Incorporation 23 Jun, 2016
- Jurisdiction Pune, Maharashtra, India
- Annual Revenue₹18.8 Lakh
FY 2023 · -43% YoY
- Net Loss-₹16 Lakh
FY 2023 · -85% margin
- EBITDA-₹5.3 Lakh
FY 2023 · -28% margin
- Total Equity Funding$247.95K (USD)
in 2 rounds
- Latest Funding Round$98.31K (USD), Angel Round
May 2017
Associated legal entities of MyyShopp
MyyShopp operates through Myyshopp Ecommerce Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Myyshopp Ecommerce Technologies Private Limited CIN U74999PN2016PTC165149 | Active | 23 Jun 2016 | Pune, Maharashtra | ₹0.2 Cr | 2 | View details |
Funding Insights of MyyShopp
MyyShopp has successfully raised a total of $247.95K across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $98.31 thousand completed in May 2017. 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 $247,954
- Total Rounds 2
- Last Round Angel Round — $98,314
- First Round $149,640
(Aug 2016)
- Investors Count 11
All 2 funding rounds of MyyShopp 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 |
|---|---|---|---|---|---|
| May 2017 | $98,314 | Angel Round | $6.97M | Chawan Vishali | |
| Aug 2016 | $149,640 | Angel Round | $1.65M | Shridhar Narasaiah Dulori |
| Date | Valuation | Stage |
|---|---|---|
| May 2017 | $6.97M | •••••••• |
| Aug 2016 | $1.65M | •••••••• |
Last known valuation $6.97M (May 2017). 11 investors in total: 0 institutional and 11 angel.
Investors in MyyShopp
MyyShopp has secured backing from 11 investors, including angel investors. Prominent investors backing the company include Chawan Vishali, Deepak Mudalgikar and Milind Labhe.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
CV Chawan Vishali | unknown_cc81c9a5a2b64a809 | |||
DM Deepak Mudalgikar | unknown_f3e7b2241caf46fb8 | |||
ML Milind Labhe | unknown_5e91496b295c4e1a9 | |||
VA Vivek Anant Joshi | unknown_6620f3df292c49648 | |||
SR S R Balasubramanian | unknown_48a96e7375ba4d329 | |||
AK Ashwani Kumar Balwani | unknown_8d16045bf1af4137b | |||
AB Ananda Bose | unknown_c0c773a962d04361a | |||
SC Suvendu Choudhury | unknown_5346da7e88874c7c9 | |||
BJ Balaji Jagannathan | Angel investor and tech entrepreneur, focused on early-stage Indian startups. | unknown_f85b56522c5b40869 | ||
SN Shridhar Narasaiah Dulori | unknown_d0862cddae6c4ca68 |
Investor details for MyyShopp
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Verified entity values are shown only after access is granted.
Board of directors of Myyshopp Ecommerce Technologies Private Limited (MyyShopp)
Myyshopp Ecommerce Technologies Private Limited is the primary company behind MyyShopp. The board of Myyshopp Ecommerce Technologies Private Limited currently have 2 directors; the longest-serving is Sonali Shreedhar Dulori, appointed in 2016. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sonali Shreedhar Dulori DIN 02768140 | Director | 04 Jul 2016 | 10 yrs 3 mo | Myyshopp Ecommerce Technologies Private Limited |
| Gopalakrishnan Venkataraman Govindrajapuram DIN 02381008 | Director | 23 Sep 2016 | 10 yrs 1 mo | Myyshopp Ecommerce Technologies Private Limited |
People of MyyShopp
1 people are tracked at MyyShopp (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership |
Complete people profiles for MyyShopp
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of MyyShopp
Figures of Myyshopp Ecommerce Technologies Private Limited, the primary company behind MyyShopp, for FY 2023. Revenue was ₹18.8 Lakh (-43% year on year). Net loss was -₹16 Lakh (-85% margin). EBITDA was -₹5.3 Lakh (-28% margin). Revenue has grown at a compounded annual rate of +27% over three years and +9% over five years.
- ₹18.8 LakhRevenue · FY 2023 · -43% YoY
- -₹16 LakhNet loss · -85% margin
- -₹5.3 LakhEBITDA · -28% margin
- ₹1.1 LakhPaid-up capital
- +27%Revenue CAGR, 3 years
- +9%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Myyshopp Ecommerce Technologies Private Limited are on its company page.
Detailed financial statements for MyyShopp
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 MyyShopp
4 dated milestones of MyyShopp across 1 years, from founding to its latest funding, stage changes and deals.
- Founded MyyShopp is founded.
- Funding First funding round of $150K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Angel Round, of $98K.
Competitors of MyyShopp
MyyShopp 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 MyyShopp
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Web traffic of MyyShopp
The website of MyyShopp (myyshopp.com) receives about 4.2K visits a month.
- Monthly visits4.2K
▲ 58.8% vs previous month
Websites whose visitors overlap most with MyyShopp. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
ecomretails.in | ecomretails.in | 100% | – | ||
| esycommerce.com | 100% | View details | |||
digitalbeesonline.com | digitalbeesonline.com | 98% | – | ||
| beeunicorn.com | 98% | View details | |||
fameweb.in | fameweb.in | 98% | #14,734,420 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 25 similar websites and full traffic analytics for MyyShopp
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 25 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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 MyyShopp (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 MyyShopp
MyyShopp was founded in 2016.
MyyShopp is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
MyyShopp is a funded company, having raised a total of $247.95K across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $149.64K, raised on Aug 2016.
The primary company behind MyyShopp, Myyshopp Ecommerce Technologies Private Limited, reported revenue of ₹18.8 Lakh for FY 2023, down 43% year on year.
MyyShopp was established in 2016 in Pune, India, as an online platform in the grocery aggregation sector. Offline grocery stores are listed from various regions, allowing users to place orders for items that are subsequently delivered. Coverage includes states such as Andhra Pradesh, Bihar, Karnataka, Punjab, Goa, Maharashtra, Kerala, Madhya Pradesh, and Tamil Nadu, with services focused on connecting users to local stores for efficient procurement.
MyyShopp has 11 investors. Key investors include Chawan Vishali, Deepak Mudalgikar, Milind Labhe, Vivek Anant Joshi, and S R Balasubramanian.
The valuation of MyyShopp is $6.97M as of May 2017.
MyyShopp operates through Myyshopp Ecommerce Technologies Private Limited.
The legal entities of MyyShopp currently have 2 directors, including Sonali Shreedhar Dulori, Gopalakrishnan Venkataraman Govindrajapuram.