About ShopConnect
ShopConnect is a company based in Bengaluru (India) founded in 2015. ShopConnect has raised $2.87 million across 8 funding rounds from investors including IBS Software Services, Deepthi Yeragam Reddy and Subbarathnamma Yeragam Reddy. The company has 32 employees as of April 02, 2024. ShopConnect offers products and services including Video Connect, Virtual Store, Look Books, and AR Product Displays. ShopConnect operates in a competitive market with competitors including VTEX, Trace One, Techsembly, Foundation and Brandpad, among others.
- Headquarter Bengaluru, India
- Employees 32 as on 02 Apr, 2024
- Stage Minicorn
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Sectors
TechnologyRetail
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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 Nvipani Technology Solutions Private Limited
- Date of Incorporation 17 Jun, 2015
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$16.26 K (USD)506.73as on Mar 31, 2022
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Net Profit
-$745.16 K (USD)-115.18as on Mar 31, 2022
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EBITDA
-$729.67 K (USD)-116.59as on Mar 31, 2022
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Total Equity Funding
$2.87 M (USD)
in 8 rounds
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Latest Funding Round
$1.74 M (USD), Seed
Sep 13, 2021
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Investors
IBS Software Services
& 94 more
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Employee Count
32
as on Apr 02, 2024
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Products & Services of ShopConnect
ShopConnect offers a comprehensive portfolio of products and services, including Video Connect, Virtual Store, Look Books, and AR Product Displays.
Enables live video shopping for personalized customer interactions and sales.
Provides integrated virtual stores with seamless online shopping features.
Offers curated catalogues with analytics for boosting conversions and engagement.
Delivers 3D views and trials to enhance product engagement and reduce returns.
Funding Insights of ShopConnect
ShopConnect has successfully raised a total of $2.87M across 8 strategic funding rounds. The most recent funding activity was a Seed round of $1.74 million completed in September 2021. 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 ShopConnect
ShopConnect has secured backing from 95 investors, including institutional and angel investors. Prominent investors backing the company include IBS Software Services, Deepthi Yeragam Reddy and Subbarathnamma Yeragam Reddy.
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Software solutions are provided for airline, hospitality, and logistics sectors.
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Investor details for ShopConnect
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 ShopConnect
Investment portfolio details for ShopConnect
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- Transaction dates
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Financial Statements - ShopConnect
Detailed financials for ShopConnect
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- Profit trends
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Shopconnect Comparisons
Peer comparison for ShopConnect
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- Named peers
- Headcount comparison
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Competitors of ShopConnect
ShopConnect 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 VTEX, Trace One, Techsembly, Foundation and Brandpad, among others.
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SaaS-based collaborative commerce solutions are provided for brands and retailers.
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Project, product quality and supply chain visibility solutions
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Cross-border marketplace SaaS solutions are offered for hospitality and eCommerce.
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Tech-enabled multi-category solutions are offered to enterprises.
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Cloud-based platform is offered for designing business guidelines.
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Detailed competitors of ShopConnect
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Latest news on Shopconnect
Complete news archive for ShopConnect
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Frequently Asked Questions about ShopConnect
ShopConnect was founded in 2015.
ShopConnect is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Dilli Babu Nandarapu is the current CEO of ShopConnect.
ShopConnect is a funded company, having raised a total of $2.87M across 8 funding rounds to date.
As of Apr 02, 2024, the latest employee count at ShopConnect is 32.
Annual revenue of ShopConnect is $16.26K as on Mar 31, 2022.
Founded in 2015 and based in Bengaluru, India, ShopConnect operates in the e-commerce sector by delivering an interactive platform that integrates video collaboration for merchants. Services include personalized customer experiences through 360-degree product views, virtual stores, and try-on features, alongside analytics on product performance, buying patterns, cart abandonment, and ROI. An online store enables interactive video shopping, where connections to stores or appointment scheduling can be initiated.
ShopConnect's top competitors include VTEX, Trace One and Techsembly.
ShopConnect offers Video Connect, Virtual Store, Look Books, and AR Product Displays.
ShopConnect has 95 investors. Key investors include IBS Software Services, Deepthi Yeragam Reddy, Subbarathnamma Yeragam Reddy, Neeraj Jain, and Raineesh Kumar Jain.
The valuation of ShopConnect is $10.94M as of Sep 2021.