About PickMe eSolutions India
PickMe eSolutions India is a Retail company based in Mumbai (India) founded in 2011. It operates as a services for retailers are provided by PickMe eSolutions India. PickMe eSolutions India has raised $2.71 million across 4 funding rounds from investors including Mumbai Angels, The Chennai Angels and SIDBI Venture Capital. PickMe eSolutions India was last valued at $6.14 million in March 2017. Its Indian entity Pickme E-Solutions India Private Limited reported revenue of ₹29.2 Lakh. Its focus areas include Services for Retailers.
Company details
PickMe eSolutions India was founded in 2011 and is based in Mumbai, India. Operations are conducted in the retail sector, where e-solutions are delivered to support business functions. Services encompass various tools and platforms accessible via pickmeindia.com, aimed at streamlining retailer processes. The company maintains a focus on the Indian market, with activities centered on practical assistance for retail entities across the region.
- Headquarters Mumbai, India
- Stage Minicorn
- SectorsRetail
- Phone•••• ••••
- Website pickmeindia.com
- Social LinkedIn X
- Legal Name Pickme E-Solutions India Private Limited
- Date of Incorporation 16 Mar, 2012
- Jurisdiction Thane, Maharashtra, India
- Annual Revenue₹29.2 Lakh
FY 2021 · -49% YoY
- Net Loss-₹18.6 Lakh
FY 2021 · -64% margin
- EBITDA-₹7.6 Lakh
FY 2021 · -26% margin
- Total Equity Funding$2.71M (USD)
in 4 rounds
- Latest Funding Round$1.79M (USD), Seed
Mar 2017
- InvestorsMumbai Angels
& 57 more
Associated legal entities of PickMe eSolutions India
PickMe eSolutions India operates through Pickme E-Solutions India 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 |
|---|---|---|---|---|---|---|---|
| Pickme E-Solutions India Private Limited CIN U27310MH2012PTC228275 | Active | 16 Mar 2012 | Thane, Maharashtra | ₹0.3 Cr | 8 | 3 | View details |
Funding Insights of PickMe eSolutions India
PickMe eSolutions India has successfully raised a total of $2.71M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $1.79 million completed in March 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 $2.71M
- Total Rounds 4
- Last Round Seed — $1.79M
- First Round $500,000
(Aug 2013)
- Investors Count 58
All 4 funding rounds of PickMe eSolutions India 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 |
|---|---|---|---|---|---|
| Mar 2017 | $1.79M | Seed | $6.14M | SIDBI Venture Capital | – |
| Jun 2015 | $281,667 | Seed | $5.01M | – | |
| Aug 2014 | $142,630 | Seed | $••••• | Kalpavriksh Fund | |
| Aug 2013 | $500,000 | Seed | $••••• | Kalpavriksh Fund |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2017 | $6.14M | •••••••• |
| Jun 2015 | $5.01M | •••••••• |
| Aug 2014 | $••••• | •••••••• |
Full valuation and stage history of PickMe eSolutions India
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Verified entity values are shown only after access is granted.
Last known valuation $6.14M (Mar 2017). 58 investors in total: 7 institutional and 51 angel.
Investors in PickMe eSolutions India
PickMe eSolutions India has secured backing from 58 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Mumbai Angels, The Chennai Angels and SIDBI Venture Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital management for SMEs and startups in India. | 1999 | sidbiventure.co.in | Mumbai, India | |
Investment-focused NBFC managing equity, debt, and private equity portfolios. | – | acsysindia.com | Chennai, India | |
Venture capital firm investing in technology and consumer companies with a focus on scaling and market dominance. | 2010 | ubrcapital.com | Mumbai, India | |
PE firm investing in India | – | kalpavrikshfund.com | Mumbai, India | |
Angel network focused on multiple sectors | 2007 | thechennaiangels.com | Chennai, India | |
Early-stage venture investments are facilitated by Mumbai Angels network. | 2006 | mumbaiangels.com | Mumbai, India | |
Exploration, production and distribution of gas | – | asiaticgases.com | Mumbai, India | |
ND Nitesh Damani | - | – | unknown_543bc8155bbb4548a | - |
NG Neeraj Goenka | - | – | unknown_dfd1533097b44e18a | - |
PC Padma Chandra Shekaran | - | – | unknown_07f1701d7c4940e0b | - |
Investor details for PickMe eSolutions India
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Pickme E-Solutions India Private Limited (PickMe eSolutions India)
Pickme E-Solutions India Private Limited is the primary company behind PickMe eSolutions India. The board of Pickme E-Solutions India Private Limited currently have 3 directors; the longest-serving is Wilbret Durairaj, appointed in 2012. 10 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Wilbret Durairaj DIN 02810758 | Director | 09 Nov 2012 | 13 yrs 11 mo | Pickme E-Solutions India Private Limited |
| Nisha Rajesh Shah DIN 03361536 | Additional Director | 24 Jul 2020 | 6 yrs 2 mo | Pickme E-Solutions India Private Limited |
| Bal Govind Shukla DIN 08807640 | Additional Director | 24 Jul 2020 | 6 yrs 2 mo | Pickme E-Solutions India Private Limited |
Financials of PickMe eSolutions India
Figures of Pickme E-Solutions India Private Limited, the primary company behind PickMe eSolutions India, for FY 2021. Revenue was ₹29.2 Lakh (-49% year on year). Net loss was -₹18.6 Lakh (-64% margin). EBITDA was -₹7.6 Lakh (-26% margin). Revenue has grown at a compounded annual rate of -64% over three years and -45% over five years.
- ₹29.2 LakhRevenue · FY 2021 · -49% YoY
- -₹18.6 LakhNet loss · -64% margin
- -₹7.6 LakhEBITDA · -26% margin
- ₹9.1 LakhPaid-up capital
- 8Employees (provident fund records)
- -64%Revenue CAGR, 3 years
- -45%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Pickme E-Solutions India Private Limited are on its company page.
Detailed financial statements for PickMe eSolutions India
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Verified entity values are shown only after access is granted.
Timeline of PickMe eSolutions India
4 dated milestones of PickMe eSolutions India across 6 years, from founding to its latest funding, stage changes and deals.
- Founded PickMe eSolutions India is founded.
- Funding First funding round of $500K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $1.8M.
Top companies in E-Commerce Sellers & Service Providers
10 companies that operate in the same segment as PickMe eSolutions India (E-Commerce Sellers & Service Providers), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Global commerce and digital cloud transformation services are provided internationally. | 2003 | Quebec City, Quebec, Canada | USD 143 M | – | – | |
Provider of essential services for merchants including business management, customer analysis, and payment services | 2016 | Seoul, Seoul, South Korea | USD 131.97 M | – | 172 | |
E-commerce support services are provided to various clients. | 1899 | Bradford, West Yorkshire, United Kingdom | – | – | – | |
Omni-channel payments solutions are provided for businesses worldwide. | 1981 | Alpharetta, Georgia, United States | – | USD 1.87 B | 531 | |
Apparel and accessories for men, women, and kids are retailed. | 1987 | New York, New York, United States | – | USD 596.6 M | 1,321 | |
E-commerce support services are provided to online businesses. | 1969 | Eastleigh, Hampshire, United Kingdom | – | – | – | |
Marketing and sales services are delivered to retailers by SPAR. | 1967 | Auburn Hills, Michigan, United States | – | USD 163.63 M | 3,420 | |
Customer analytics solutions are provided for brands and retailers. | 1979 | Chicago, Illinois, United States | – | – | – | |
Shopify businesses are acquired through a streamlined, efficient process. | 2021 | Miami, Florida, United States | USD 137 M | – | – | |
Oversize accelerator software solutions are provided for bulky e-commerce products. | 2006 | Lincoln, Nebraska, United States | USD 208 M | – | – |
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Frequently Asked Questions about PickMe eSolutions India
PickMe eSolutions India was founded in 2011 and raised its 1st funding round 2 years after it was founded.
PickMe eSolutions India is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
PickMe eSolutions India is a funded company, having raised a total of $2.71M across 4 funding rounds to date. The company's 1st funding round was a Seed of $500K, raised on Aug 2013.
The primary company behind PickMe eSolutions India, Pickme E-Solutions India Private Limited, reported revenue of ₹29.2 Lakh for FY 2021, down 49% year on year.
PickMe eSolutions India was founded in 2011 and is based in Mumbai, India. Operations are conducted in the retail sector, where e-solutions are delivered to support business functions. Services encompass various tools and platforms accessible via pickmeindia.com, aimed at streamlining retailer processes. The company maintains a focus on the Indian market, with activities centered on practical assistance for retail entities across the region.
PickMe eSolutions India has 58 investors. Key investors include Mumbai Angels, The Chennai Angels, SIDBI Venture Capital, UBR Capital, and AsiaticGas.
The valuation of PickMe eSolutions India is $6.14M as of Mar 2017.
PickMe eSolutions India operates through Pickme E-Solutions India Private Limited.
The legal entities of PickMe eSolutions India currently have 3 directors, including Nisha Rajesh Shah, Bal Govind Shukla, Wilbret Durairaj.