PropShop24

Mumbai, India Founded: 2012 • Age: 14 yrs
Retailer of quirky gifts, cute stationery, organizers, and home essentials

About PropShop24

PropShop24 is a Retail company based in Mumbai (India) founded in 2012 by Amtosh Singh. Retailer of quirky gifts, cute stationery, organizers, and home essentials. PropShop24 has raised $996.83 thousand across 2 funding rounds from investors including Joshua Rao. The company has 18 employees. Its website propshop24.com draws about 31 thousand monthly visits. PropShop24 offers products and services including Umbrellas and Storage Organizers. Its focus areas include Horizontal E-Commerce, Retailer, Consumer and Online Gifting. Its legal entity in India is Far Left Retail Private Limited (U74999MH2017PTC296663).

Company details

PropShop24 was established in 2012 in Mumbai, India, as a retailer in the consumer goods sector. A selection of items including umbrellas, kitchenware, lighting, and travel accessories is maintained. Personalized options such as keychains and mugs are offered alongside seasonal products like rakhis and gift hampers. Express shipping and delivery services are provided to customers across the region.

  • Headquarters Mumbai, India
  • Employees 18
  • Founders Amtosh Singh
  • Sectors
    Retail
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website propshop24.com
  • Social LinkedIn X Facebook Instagram
  • Legal Name Far Left Retail Private Limited
  • Date of Incorporation 27 Jun, 2017
  • Jurisdiction Kurla West Mumbai, Maharashtra, India
Key Metrics
  • Annual Revenue
    ₹17,675

    FY 2024 · -100% YoY

  • Net Loss
    -₹2.3 Lakh

    FY 2024 · -1302% margin

  • EBITDA
    -₹2.3 Lakh

    FY 2024 · -1302% margin

  • Total Equity Funding
    $996.83K (USD)

    in 2 rounds

  • Latest Funding Round
    $496.83K (USD), Angel Round

    Nov 2019

  • Employee Count
    18

Products & Services of PropShop24

PropShop24 offers a comprehensive portfolio of products and services, including Umbrellas and Storage Organizers.

Umbrellas
Outdoor Accessories

Quirky designed umbrellas are sold for rain protection and everyday use.

Storage Organizers
Home Organization

Various storage solutions are provided to manage space efficiently in homes.

Funding Insights of PropShop24

PropShop24 has successfully raised a total of $996.83K across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $496.83 thousand completed in November 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 $996,829
  • Total Rounds 2
  • Last Round Angel Round β€” $496,829
  • First Round $500,000

    (Aug 2018)

  • Investors Count 1

All 2 funding rounds of PropShop24 with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Nov 2019$496,829Angel Round–Joshua Rao
–
Aug 2018$500,000Angel Round––
Valuation history

1 investors in total: 0 institutional and 1 angel.

Investors in PropShop24

PropShop24 has secured backing from 1 investor, including angel investors. Prominent investors backing the company include Joshua Rao.

All
Angel
InvestorDescriptionFounded YearDomainLocation

Joshua Rao

unknown_47fabdf7371440008
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Investor details for PropShop24

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Board of directors of Far Left Retail Private Limited (PropShop24)

Far Left Retail Private Limited is the primary company behind PropShop24. The board of Far Left Retail Private Limited currently have 2 directors; the longest-serving is Amtosh Singh, appointed in 2017. 3 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Amtosh Singh
DIN 06547860
Director27 Jun 20179 yrs 4 moFar Left Retail Private Limited
Poshan Shankar Mahto
DIN 10089676
Director01 Aug 20233 yrs 3 moFar Left Retail Private Limited

People of PropShop24

1 people are tracked at PropShop24 (1 in leadership); the tracked headcount is 18.

NameRoleGroup
Co-FounderLeadership
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Financials of PropShop24

Figures of Far Left Retail Private Limited, the primary company behind PropShop24, for FY 2024. Revenue was ₹17,675 (-100% year on year). Net loss was -₹2.3 Lakh (-1302% margin). EBITDA was -₹2.3 Lakh (-1302% margin). Revenue has grown at a compounded annual rate of -95% over three years and -80% over five years.

  • ₹17,675Revenue · FY 2024 · -100% YoY
  • -₹2.3 LakhNet loss · -1302% margin
  • -₹2.3 LakhEBITDA · -1302% margin
  • ₹3.52 CrPaid-up capital
  • 18Employees (provident fund records)
  • -95%Revenue CAGR, 3 years
  • -80%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Far Left Retail Private Limited are on its company page.

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Detailed financial statements for PropShop24

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Timeline of PropShop24

3 dated milestones of PropShop24 across 7 years, from founding to its latest funding, stage changes and deals.

  1. Founded PropShop24 is founded.
  2. Funding First funding round of $500K.
  3. Funding Latest funding round, Angel Round, of $497K.

Web traffic of PropShop24

The website of PropShop24 (propshop24.com) receives about 30.8K visits a month.

  • Monthly visits
    30.8K

    ▼ 4.1% vs previous month

Similar websites

Websites whose visitors overlap most with PropShop24. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
oyehappy.com
100%
216.9K#146,922View details
winni.in
100%
360.6K#124,311View details
giftcart.com
99%
28.4KView details
bigsmall.in
99%
87.9K#439,772View details
igp.com
96%
2.2M#20,081View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 40 similar websites and full traffic analytics for PropShop24

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Top companies in Stationery, Gifting & Handicrafts E-Commerce

2 companies that operate in the same segment as PropShop24 (Stationery, Gifting & Handicrafts E-Commerce) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Multi-category gifting products are provided through an online platform.
2015Mumbai, Maharashtra, IndiaUSD 4.35 MUSD 916.16 K
AI-powered loyalty, rewards, and employee engagement solutions are provided.
2012Bengaluru, Karnataka, IndiaUSD 100.61 MUSD 98.95 M327
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Related news about Propshop24

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Complete news archive for PropShop24

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Frequently Asked Questions about PropShop24

PropShop24 was founded in 2012 and raised its 1st funding round 6 years after it was founded.

PropShop24 is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

PropShop24 is a funded company, having raised a total of $996.83K across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $500K, raised on Aug 2018.

PropShop24 has 18 employees.

The primary company behind PropShop24, Far Left Retail Private Limited, reported revenue of β‚Ή17,675 for FY 2024, down 100% year on year.

PropShop24 was established in 2012 in Mumbai, India, as a retailer in the consumer goods sector. A selection of items including umbrellas, kitchenware, lighting, and travel accessories is maintained. Personalized options such as keychains and mugs are offered alongside seasonal products like rakhis and gift hampers. Express shipping and delivery services are provided to customers across the region.

PropShop24 offers Umbrellas and Storage Organizers.

PropShop24 has 1 investor. Key investors include Joshua Rao.

PropShop24 operates through Far Left Retail Private Limited.

The legal entities of PropShop24 currently have 2 directors, including Amtosh Singh, Poshan Shankar Mahto.

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