About MyyShopp
MyyShopp is a company based in Pune (India) founded in 2016 by Balaji Jagannathan. MyyShopp has raised $247.95 thousand across 2 funding rounds from investors including Chawan Vishali, Deepak Mudalgikar and Milind Labhe. MyyShopp operates in a competitive market with competitors including Blinkit, Bigbasket, Swiggy, Dunzo and Otipy, among others.
- Headquarter Pune, India
- Founders Balaji Jagannathan
- Stage Minicorn
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Sectors
Retail
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Email
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Phone
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Website
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Social
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- Legal Name Myyshopp Ecommerce Technologies Private Limited
- Date of Incorporation 23 Jun, 2016
- Jurisdiction Pune, Maharashtra, India
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Annual Revenue
$12.45 K (USD)-51.95as on Mar 31, 2020
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Net Profit
-$72.9 K (USD)-76.83as on Mar 31, 2020
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EBITDA
-$45.77 K (USD)-101.98as on Mar 31, 2020
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Total Equity Funding
$247.95 K (USD)
in 2 rounds
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Latest Funding Round
$98.31 K (USD), Angel Round
May 25, 2017
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Investors
& 10 more
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Employee Count
Not available
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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.
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 |
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Chawan Vishali |
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Deepak Mudalgikar |
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Milind Labhe |
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Investor details for MyyShopp
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Investments & Acquisitions by MyyShopp
Investment portfolio details for MyyShopp
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Financial Statements - MyyShopp
Detailed financials for MyyShopp
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Myyshopp Comparisons
Peer comparison for MyyShopp
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Competitors of MyyShopp
MyyShopp 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 Blinkit, Bigbasket, Swiggy, Dunzo and Otipy, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Instant delivery of groceries and essentials is facilitated online.
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Personal and household products are delivered via an e-commerce platform.
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Food and grocery items are ordered via an online network.
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Grocery products are provided via an online digital storefront.
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Provider of online platform offering grocery, household items, cakes, and flowers
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Detailed competitors of MyyShopp
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Latest news on Myyshopp
Complete news archive for MyyShopp
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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.
Annual revenue of MyyShopp is $12.45K as on Mar 31, 2020.
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.