About Nukkad Shops
Nukkad Shops is a Retail company based in Hyderabad (India) founded in 2015. Provider of POS solution for businesses. Nukkad Shops has raised $1.82 million across 3 funding rounds from investors including Ramana Family Partnership, Six Wave Labs and Vivek Mallandi. Nukkad Shops was last valued at $6.12 million in February 2019. Its Indian entity Nukkad Shops India Private Limited reported revenue of ₹10.4 Lakh. Its focus areas include Food and Agriculture Tech, Online Grocery, Technology Enablers and Grocery Retailers.
Company details
Nukkad Shops was founded in 2015 in Hyderabad, India, within the retail technology sector. POS systems are offered to support billing, cash management, inventory tracking, up-sell suggestions, loyalty programs, analytics, and multi-counter operations. Android-based POS devices with integrated printers are supplied, alongside e-commerce tools for hyperlocal mobile apps and real-time inventory synchronization. Operations target small to medium businesses in the region.
- Headquarters Hyderabad, India
- Stage Minicorn
- SectorsRetail
- Website nukkadshops.com
- Social X Facebook Instagram
- Legal Name Nukkad Shops India Private Limited
- Date of Incorporation 10 Jan, 2017
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹10.4 Lakh
FY 2025 · -86% YoY
- Net Loss-₹6.4 Lakh
FY 2025 · -62% margin
- EBITDA-₹6.1 Lakh
FY 2025 · -58% margin
- Total Equity Funding$1.82M (USD)
in 3 rounds
- Latest Funding Round$378.81K (USD), Seed
Feb 2019
- InvestorsSix Wave Labs
& 9 more
Associated legal entities of Nukkad Shops
Nukkad Shops is associated with 2 registered companies on The Company Check; the primary company is Nukkad Shops India Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Nukkad Shops India Private Limited CIN U72900TG2017PTC113979 | Active | 10 Jan 2017 | Hyderabad, Telangana | ₹0.1 Cr | 4 | View details | |
| Nukkad Shops Technologies (India) Private Limited CIN U72900TG2017PTC121334 | Active | 20 Dec 2017 | Hyderabad, Telangana | ₹9.5 Cr | 75 | 2 | View details |
Apps and channels of Nukkad Shops
Nukkad Shops publishes 1 mobile app with over 1K+ downloads.
Funding Insights of Nukkad Shops
Nukkad Shops has successfully raised a total of $1.82M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $378.81 thousand completed in February 2019. 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 $1.82M
- Total Rounds 3
- Last Round Seed — $378,807
- First Round $1M
(Mar 2016)
- Investors Count 10
All 3 funding rounds of Nukkad Shops 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 |
|---|---|---|---|---|---|
| Feb 2019 | $378,807 | Seed | $6.12M | Ramana Family Partnership | |
| Mar 2018 | $442,444 | Angel Round | $3.38M | Vikram Mallandi | |
| Mar 2016 | $1M | Seed | – | PurpleTalk | – |
| Date | Valuation | Stage |
|---|---|---|
| Feb 2019 | $6.12M | •••••••• |
| Mar 2018 | $3.38M | •••••••• |
Last known valuation $6.12M (Feb 2019). 10 investors in total: 3 institutional and 7 angel.
Investors in Nukkad Shops
Nukkad Shops has secured backing from 10 investors, including institutional and angel investors. Prominent investors backing the company include Ramana Family Partnership, Six Wave Labs and Vivek Mallandi.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Six Wave Labs is engaged in accelerating digital transformation for businesses. | sixwavelabs.com | Lewisville, United States | ||
Digital transformation and IT services for enterprises worldwide. | 2008 | purpletalk.com | ||
VM Vivek Mallandi | unknown_97e3540a7b524a518 | |||
VM Vikram Mallandi | unknown_7664ce6193f54d339 | |||
NB Nilesh Bhanuprakash Dave | unknown_eaec5646b905483ab | |||
SM Srikanth Muppidi | unknown_80d880465e924676a | |||
JM Jasvinder Mangat | unknown_6c43f012e1bf469db | |||
KS Kancherla Sivaprasad Venkata Seshagiri | unknown_6f3118a551354dfe9 | |||
AM Ashoka Mallandi Reddy | unknown_017cdfbc14354c9fb |
Investor details for Nukkad Shops
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Nukkad Shops India Private Limited (Nukkad Shops)
Nukkad Shops India Private Limited is the primary company behind Nukkad Shops. The boards of the 2 registered companies of Nukkad Shops currently have 5 directors; the longest-serving is Venkata Bharat Kumar Lingam, appointed in 2017. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Venkata Bharat Kumar Lingam DIN 03635664 | Director | 10 Jan 2017 | 9 yrs 9 mo | Nukkad Shops India Private Limited |
| Sridhar Muppidi DIN 00649772 | Director | 10 Jan 2017 | 9 yrs 9 mo | Nukkad Shops India Private Limited |
| Vivek Kumar Shukla DIN 07952929 | Director | 20 Dec 2017 | 8 yrs 10 mo | Nukkad Shops Technologies (India) Private Limited |
| Suneel Muppidi DIN 07952928 | Director | 20 Dec 2017 | 8 yrs 10 mo | Nukkad Shops Technologies (India) Private Limited, Nukkad Shops India Private Limited |
| Nilesh Jahagirdar DIN 03155061 | Director | 05 Aug 2019 | 7 yrs 2 mo | Nukkad Shops India Private Limited |
Financials of Nukkad Shops
Figures of Nukkad Shops India Private Limited, the primary company behind Nukkad Shops, for FY 2025. Revenue was ₹10.4 Lakh (-86% year on year). Net loss was -₹6.4 Lakh (-62% margin). EBITDA was -₹6.1 Lakh (-58% margin). Revenue has grown at a compounded annual rate of -57% over three years and -43% over five years.
- ₹10.4 LakhRevenue · FY 2025 · -86% YoY
- -₹6.4 LakhNet loss · -62% margin
- -₹6.1 LakhEBITDA · -58% margin
- ₹1 LakhPaid-up capital
- -57%Revenue CAGR, 3 years
- -43%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Nukkad Shops India Private Limited are on its company page.
Detailed financial statements for Nukkad Shops
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Nukkad Shops
4 dated milestones of Nukkad Shops across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Nukkad Shops is founded.
- Funding First funding round of $1.0M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $379K.
Web traffic of Nukkad Shops
The website of Nukkad Shops (nukkadshops.com) receives about 1.9K visits a month.
- Monthly visits1.9K
▼ 47.9% vs previous month
Top companies in Autonomous & In-Store Retail Tech
3 companies that operate in the same segment as Nukkad Shops (Autonomous & In-Store Retail Tech) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
App-based bookkeeping solutions are offered for small business management. | 2018 | Bengaluru, Karnataka, India | USD 186.62 M | USD 165.88 K | ||
Retail intelligence platform is developed for brands and B2B retailers. | 2008 | Bengaluru, Karnataka, India | USD 21.11 M | USD 7.69 M | 345 | |
Platform powering online and in-store retail operations using AI-driven tools | 2012 | Mumbai, Maharashtra, India | USD 16.02 M | USD 43.86 M | 851 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Nukkad Shops
Complete news archive for Nukkad Shops
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Nukkad Shops
Nukkad Shops was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Nukkad Shops is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Nukkad Shops is a funded company, having raised a total of $1.82M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1M, raised on Mar 2016.
The primary company behind Nukkad Shops, Nukkad Shops India Private Limited, reported revenue of ₹10.4 Lakh for FY 2025, down 86% year on year.
Nukkad Shops was founded in 2015 in Hyderabad, India, within the retail technology sector. POS systems are offered to support billing, cash management, inventory tracking, up-sell suggestions, loyalty programs, analytics, and multi-counter operations. Android-based POS devices with integrated printers are supplied, alongside e-commerce tools for hyperlocal mobile apps and real-time inventory synchronization. Operations target small to medium businesses in the region.
Nukkad Shops has 10 investors. Key investors include Ramana Family Partnership, Six Wave Labs, Vivek Mallandi, Vikram Mallandi, and Nilesh Bhanuprakash Dave.
The valuation of Nukkad Shops is $6.12M as of Feb 2019.
Nukkad Shops is associated with 2 legal entities: Nukkad Shops India Private Limited, Nukkad Shops Technologies (India) Private Limited.
The legal entities of Nukkad Shops currently have 5 directors, including Vivek Kumar Shukla, Suneel Muppidi, Nilesh Jahagirdar and others.
Yes. Nukkad Shops publishes Quik Billing App Invoice Maker, with over 1,000 downloads.