About Shop101
Shop101 is a company based in Mumbai (India) founded in 2015 by Kalpak Chhajed was acquired by Glance in June 2021. Shop101 has raised $22.02 million across 3 funding rounds from investors including Glance AI, Stellaris Venture Partners and Groundupp Ventures. The company has 161 employees. Shop101 offers products and services including Shop101 App and Reselling Service. Shop101 operates in a competitive market with competitors including Flipkart, Myntra, Nykaa, Amazon and Snapdeal, among others.
- Headquarter Mumbai, India
- Employees 161
- Founders Kalpak Chhajed
- Stage Minicorn
- SectorsRetail
- Email••••••••
- Phone•••• ••••
- Website shop101.com
- Social LinkedIn X Facebook Instagram YouTube
- Acquired by Glance (Jun 2021)
- Legal Name O(1) India Private Limited
- Date of Incorporation 05 Jun, 2015
- Jurisdiction Mumbai, Maharashtra, India
Associated legal entities of Shop101
Shop101 operates through O(1) India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| O(1) India Private Limited CIN U74120MH2015FTC265217 | Active | 05 Jun 2015 | Mumbai, Maharashtra | ₹364 Cr | 161 | 3 | View details |
Products & Services of Shop101
Shop101 offers a comprehensive portfolio of products and services, including Shop101 App and Reselling Service.
App for sharing and reselling products online without investment.
Service for managing payments and deliveries in online reselling.
Apps and channels of Shop101
Shop101 publishes 1 mobile app with over 10M+ downloads; its YouTube channel Shop101 has 666 subscribers and 30 videos.
Videos from Shop101
The most watched videos on Shop101's YouTube channel, Shop101 (666 subscribers). Click a video to play it here.
More on Shop101.
Funding Insights of Shop101
Shop101 has successfully raised a total of $22.02M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $5.62 million completed in March 2020. 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 $22.02M
- Total Rounds 3
- Last Round Series C — $5.62M
- First Round $5M
(Jun 2018)
- Investors Count 10
All 3 funding rounds of Shop101 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 2020 | $5.62M | Series C | $65.56M | Stellaris Venture Partners, Unilever Ventures | – |
| Nov 2018 | $11.39M | Series B | $52.65M | Kalaari Capital, Unilever Ventures | |
| Jun 2018 | $5M | Series A | $••••• | Stellaris Venture Partners |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2020 | $65.56M | •••••••• |
| Nov 2018 | $52.65M | •••••••• |
| Jun 2018 | $••••• | •••••••• |
Full valuation and stage history of Shop101
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $65.56M (Mar 2020). 11 investors in total: 8 institutional and 3 angel.
Investors in Shop101
Shop101 has secured backing from 11 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Glance AI, Stellaris Venture Partners and Groundupp Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm investing in early-stage startups across fintech, software, and other sectors. | 2016 | stellarisvp.com | Bengaluru, India | |
Corporate-backed venture capital firm focused on consumer tech and multiple sectors | – | unileverventures.com | London, United Kingdom | |
Investments in early-stage technology companies are made by Kalaari Capital. | – | kalaari.com | Bengaluru, India | |
Investment services are provided for maximizing gains over time. | – | vycapital.com | Menlo Park, United States | |
AI-focused venture capital investment and support for startups in Asia. | – | groundupp.ventures | Bengaluru, India | |
Multiple sectors are targeted for venture capital investments. | – | paylaterpartners.tcc.mode | Singapore, Singapore | |
- | – | o1holdings.tcc.mode | - | |
Customizable smart lock screen experiences are developed for mobile devices. | 2019 | glance.com | Bengaluru, India | |
RS Ramakant Sharma | Co-founder of Livspace, angel investor in Indian startups | – | unknown_c894354b130945be9 | - |
RG Raghunandan Gangappa | Co-founder of Zolve, ex-TaxiForSure, prominent angel investor in Indian startups | – | unknown_ba7a243fdf8442bb8 | - |
Investor details for Shop101
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 O(1) India Private Limited (Shop101)
O(1) India Private Limited is the primary company behind Shop101. The board of O(1) India Private Limited currently have 2 directors; the longest-serving is Mansi Jain, appointed in 2021. 13 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mansi Jain DIN 09258341 | Director | 27 Aug 2021 | 5 yrs 1 mo | O(1) India Private Limited |
| Rebecca Gregory Dleema DIN 09651750 | Additional Director | 28 Nov 2025 | 10 mo | O(1) India Private Limited |
People of Shop101
20 people are tracked at Shop101 (3 in leadership, 4 in board & advisors, 13 in team); the tracked headcount is 161.
| Name | Role | Group |
|---|---|---|
Kalpak Chhajed | Co-Founder | Leadership |
Aditya Gupta | Co-Founder & CTO | Leadership |
Abhinav Jain | Founder & CEO | Leadership |
Mohit Saxena | Founder | Board & advisors |
Abhay Singhal | Founder | Board & advisors |
Naveen Tewari | Founder | Board & advisors |
Piyush Shah | Founder | Board & advisors |
Yash Ahuja | Full Stack Engineer | Team |
Prasad gawankar | Senior Key Account Manager | Team |
Bhadresh Chopda | Business Development Manager | Team |
Dayna Jain | Senior Key Account Manager | Team |
Khemraj Kapdoskar | Key Account Manager | Team |
Nausin Shaikh | Senior Key Account Manager | Team |
Vidhi Joshi | Marketing Communications Manager | Team |
Roshan Sachan | Software Developer | Team |
Neha Shaikh | E commerce | Team |
SWATI JADHAV | Junior Key Account Manager | Team |
Ambika Nair | Key Account Manager | Team |
Trupti Kunder | Business Development Key Account Manager | Team |
senthil kumar | Senior Business Development Manager | Team |
Complete people profiles for Shop101
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Shop101
Figures of O(1) India Private Limited, the primary company behind Shop101, for FY 2024. Revenue was ₹364 Cr (+93% year on year). Net loss was -₹11.91 Cr (-3% margin). EBITDA was -₹5.46 Cr (-2% margin). Revenue has grown at a compounded annual rate of +119% over three years and +98% over five years.
- ₹364 CrRevenue · FY 2024 · +93% YoY
- -₹11.91 CrNet loss · -3% margin
- -₹5.46 CrEBITDA · -2% margin
- ₹15.17 CrPaid-up capital
- 161Employees (provident fund records)
- +119%Revenue CAGR, 3 years
- +98%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of O(1) India Private Limited are on its company page.
Detailed financial statements for Shop101
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 Shop101
5 dated milestones of Shop101 across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Shop101 is founded.
- Funding First funding round of $5.0M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series C, of $5.6M.
- Exit Acquired by Glance.
Competitors of Shop101
Shop101 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 Flipkart, Myntra, Nykaa, Amazon and Snapdeal, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| flipkart.com | 2007 | Bengaluru, India | $12.12B | 8,446 | Multi-category consumer products are offered via an online marketplace platform. | |
| myntra.com | 2007 | Bengaluru, India | $123.71M | 1,119 | Fashion and lifestyle products are offered via an online marketplace. | |
| nykaa.com | 2012 | Mumbai, India | $103.18M | 7,053 | Cosmetics, skincare, haircare, and wellness products are retailed online. | |
| amazon.com | 1994 | Seattle, United States | $8M | 1,556,000 | Multi-category products are offered through an online marketplace. | |
| snapdeal.com | 2010 | Gurugram, India | $1.77B | 277 | Discounted products across multiple categories are sold online. | |
| wish.com | 2009 | San Francisco, United States | $928.7M | 739 | Online marketplace platform offering multi-category consumer products | |
| shopclues.com | 2011 | Gurugram, India | $248.9M | 193 | Multi-category products are sold via an online marketplace platform. | |
| citymall.live | 2019 | Gurugram, India | $153.38M | 1,597 | Multi-category products are retailed online by CityMall. | |
| meesho.com | 2015 | Bengaluru, India | $1.36B | 46 | Sellers are connected with customers via multi-category e-commerce platform. | |
| fynd.com | 2012 | Mumbai, India | $16.02M | 2,422 | Platform powering online and in-store retail operations using AI-driven tools |
Detailed competitors of Shop101
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Shop101
The website of Shop101 (shop101.com) receives about 48.9K visits a month.
- Monthly visits48.9K
▲ 26.8% vs previous month
Websites whose visitors overlap most with Shop101. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| indiamart.com | 100% | 54.4M | #659 | View details | |
baybee.co.in | baybee.co.in | 93% | – | #578,717 | – |
| amazon.in | 89% | – | #48 | View details | |
| flipkart.com | 82% | 215.3M | #127 | View details | |
| amazon.com | 80% | 2.7B | #9 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 8 similar websites and full traffic analytics for Shop101
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 8 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Shop101
Complete news archive for Shop101
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.
Similar companies to Shop101
10 companies that operate in the same segment as Shop101 (Social & Influencer Commerce), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Used multi-category products are traded via an app-based social marketplace. | 2011 | Redwood City, California, United States | USD 203 M | USD 7.23 M | 224 | |
Online community-based shopping and recommendation platform | 2013 | Shanghai, China | USD 900 M | – | – | |
Multi-category products are retailed online by CityMall. | 2019 | Gurugram, Haryana, India | USD 153.52 M | USD 55.51 M | 1,597 | |
Online social deal-sharing platform for multi-category products | 2018 | Bengaluru, Karnataka, India | USD 386.76 M | USD 247.08 M | 504 | |
Online social shopping marketplace for women fashion products | 2012 | Gurugram, Haryana, India | USD 51.95 M | USD 327.87 M | 10,640 | |
Multi-category consumer products are sold via an online marketplace. | 2010 | Singapore, Singapore | USD 102.1 M | USD 5.06 K | – | |
Fourthwall is utilized by creators to build shops and memberships. | 2019 | Los Angeles, California, United States | USD 17 M | – | – | |
Multi-category products are traded via an app-based video commerce platform. | 2019 | El Segundo, California, United States | USD 235.75 M | – | – | |
Online group buying platform offering multi-category products | 2015 | Shanghai, China | USD 3.22 B | USD 60.07 B | – | |
Cloud-based WhatsApp marketing and customer engagement platform is provided. | 2019 | Bengaluru, Karnataka, India | USD 3.42 M | USD 14.24 K | 15 |
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Frequently Asked Questions about Shop101
Shop101 was founded in 2015 and raised its 1st funding round 3 years after it was founded.
Shop101 is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Shop101 is a funded company, having raised a total of $22.02M across 3 funding rounds to date. The company's 1st funding round was a Series A of $5M, raised on Jun 2018.
Shop101 has 161 employees.
The primary company behind Shop101, O(1) India Private Limited, reported revenue of ₹364 Cr for FY 2024, up 93% year on year.
Shop101 was founded in 2015 in Mumbai, India, as an e-commerce platform focused on reselling. Retailers are enabled to build digital stores, upload product catalogs, and generate unique mobile links for sales. Integration with WhatsApp, Facebook, and Instagram supports direct consumer transactions. The service operates through mobile applications available on Android and iOS, facilitating multi-category product distribution across social channels.
Shop101 offers Shop101 App and Reselling Service.
Shop101 has 11 investors. Key investors include Glance AI, Stellaris Venture Partners, Groundupp Ventures, Unilever Ventures, and Kalaari Capital.
The valuation of Shop101 is $65.56M as of Mar 2020.
Shop101 operates through O(1) India Private Limited.
Yes. Shop101 was acquired by Glance in June 2021.