About nStore
nStore is a company based in Chennai (India) founded in 2017 by Lakshmi Narasimhan and Pradeep Sampath. nStore has raised $1.02 million across 6 funding rounds from investors including Opus Technologies, Deepa Mahesh and Pradeep Sampath. The company has 60 employees as of March 29, 2024. nStore offers products and services including nLincs, nPos, ONDC Integration, IRCTC E-Catering, and Conversational Commerce. nStore operates in a competitive market with competitors including Zenput, Cart.com, Silo, Vendasta and Zubale, among others.
- Headquarter Chennai, India
- Employees 60 as on 29 Mar, 2024
- Founders Lakshmi Narasimhan, Pradeep Sampath
- 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 Nstore Retech Private Limited
- Date of Incorporation 10 Feb, 2017
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$308.61 K (USD)280.09as on Mar 31, 2023
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Net Profit
-$314.59 K (USD)-18.33as on Mar 31, 2023
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EBITDA
-$294.89 K (USD)-19.38as on Mar 31, 2023
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Total Equity Funding
$1.02 M (USD)
in 6 rounds
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Latest Funding Round
$155.25 K (USD), Angel Round
Jul 29, 2024
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Investors
Opus Technologies
& 11 more
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Employee Count
60
as on Mar 29, 2024
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Products & Services of nStore
nStore offers a comprehensive portfolio of products and services, including nLincs, nPos, ONDC Integration, IRCTC E-Catering, and Conversational Commerce.
Connects businesses to digital networks for wider audience reach.
Manages sales and orders for streamlined business operations.
Enables access to e-commerce audiences and customer insights.
Facilitates food delivery for rail passengers through digital tools.
Handles seller registration and order updates via messaging.
People of nStore
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Funding Insights of nStore
nStore has successfully raised a total of $1.02M across 6 strategic funding rounds. The most recent funding activity was a Angel Round of $155.25 thousand completed in July 2024. 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 nStore
nStore has secured backing from 12 investors, including angel and institutional investors. Prominent investors backing the company include Opus Technologies, Deepa Mahesh and Pradeep Sampath.
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Cross-border payments are processed via AI-enabled omnichannel networks.
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Investor details for nStore
Investor domains, locations, round participation, and complete history require an active premium plan.
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- Investor locations
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Investments & Acquisitions by nStore
Investment portfolio details for nStore
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- Portfolio identities
- Transaction dates
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Financial Statements - nStore
Detailed financials for nStore
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- Profit trends
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Nstore Comparisons
Peer comparison for nStore
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- Named peers
- Headcount comparison
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- Operating benchmarks
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Competitors of nStore
nStore 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 Zenput, Cart.com, Silo, Vendasta and Zubale, among others.
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Zenput is utilized as an operations execution platform for multi-unit operators.
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Software suite solutions are provided for e-commerce businesses.
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Software suite solutions are provided for food distributor businesses.
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All-in-one platform for companies selling digital solutions to local businesses
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Platform offering retail sales enablement and reward software
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SaaS-based software suites for e-commerce operations are provided.
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Detailed competitors of nStore
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Latest news on Nstore
Complete news archive for nStore
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Frequently Asked Questions about nStore
nStore was founded in 2017 and raised its 1st funding round 2 years after it was founded.
nStore is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Pradeep Sampath is the current CEO of nStore. They have also founded this company.
nStore is a funded company, having raised a total of $1.02M across 6 funding rounds to date.
As of Mar 29, 2024, the latest employee count at nStore is 60.
Annual revenue of nStore is $308.61K as on Mar 31, 2023.
nStore was founded in 2017 in Chennai, India, as a provider in the retail technology sector. Solutions for inventory management, digital payments, loyalty programs, CRM, supplier management, multi-channel selling, accounting, and analysis reports are offered. Operations are centered on supporting retail businesses with integrated tools for efficiency and data handling across the Indian market.
nStore's top competitors include Cart.com, Dmall and AnyMind Group.
nStore offers nLincs, nPos, ONDC Integration, IRCTC E-Catering, and Conversational Commerce.
nStore has 12 investors. Key investors include Opus Technologies, Deepa Mahesh, Pradeep Sampath, Grace Solutions, and Vijayalakshmi R.
The valuation of nStore is $4.7M as of Jul 2024.