About Shopflo
Shopflo is a company based in Delhi (India) founded in 2021 by Priy Ranjan, Ankit Bansal, and Ishan Rakshit was acquired by Pine Labs in April 2026. Shopflo has raised $2.6 million across 1 funding round from investors including Pine Labs, Tiger Global and TQ Ventures. The company has 30 employees as of April 08, 2024. Shopflo offers products and services including Checkout Platform, Identity Login, Custom UI, Coupons and Upsell, and Analytics Dashboard. Shopflo operates in a competitive market with competitors including Bolt, Klasha, Fast, Balance and Duplo, among others.
- Headquarter Delhi, India
- Employees 30 as on 08 Apr, 2024
- Founders Priy Ranjan, Ankit Bansal, Ishan Rakshit
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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 Shopflo Technologies Private Limited
- Date of Incorporation 16 Dec, 2021
- Jurisdiction Newdelhi, Delhi, India
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Annual Revenue
$76.09 K (USD)90300.57as on Mar 31, 2023
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Net Profit
-$710.27 K (USD)-1193.19as on Mar 31, 2023
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EBITDA
-$701.52 K (USD)-1162.44as on Mar 31, 2023
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Total Equity Funding
$2.6 M (USD)
in 1 rounds
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Latest Funding Round
$2.6 M (USD), Seed
May 11, 2022
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Investors
Pine Labs
& 3 more
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Employee Count
30
as on Apr 08, 2024
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Acquired by
Pine Labs
(Apr 25, 2026)
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Products & Services of Shopflo
Shopflo offers a comprehensive portfolio of products and services, including Checkout Platform, Identity Login, Custom UI, Coupons and Upsell, and Analytics Dashboard.
Customizable system to increase conversions and average order value.
Enables password-less access for seamless user logins.
Allows brands to tailor checkout interfaces for better engagement.
Customizes discounts and upsell items to boost sales intent.
Provides insights into checkout funnels for data-driven decisions.
Routes payment methods to preferred gateways for secure transactions.
Funding Insights of Shopflo
Shopflo has successfully raised a total of $2.6M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.6 million completed in May 2022. 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 Shopflo
Shopflo has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Pine Labs, Tiger Global and TQ Ventures.
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Venture and private equity investments are managed with global diversification.
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Early-stage venture capital fund investing in tech-based startups
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Early-stage companies are invested in by Better Capital.
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Investor details for Shopflo
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- Investor domains
- Investor locations
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- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Shopflo
Investment portfolio details for Shopflo
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- Portfolio identities
- Transaction dates
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Financial Statements - Shopflo
Detailed financials for Shopflo
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- Profit trends
- Statement rows
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Shopflo Comparisons
Peer comparison for Shopflo
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- Named peers
- Headcount comparison
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- Operating benchmarks
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Competitors of Shopflo
Shopflo 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 Bolt, Klasha, Fast, Balance and Duplo, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Single-click checkout solutions are offered for e-commerce platforms.
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Checkout software solutions for B2B commerce are provided by Klasha.
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Automatic data filling for business checkout processes is provided.
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B2B software solutions for sales and purchase management are provided.
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B2B payments solutions are offered via API-based platforms for banks.
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Provider of one-click checkout solution for digital commerce
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Detailed competitors of Shopflo
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- Domains and locations
- Full company profiles
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- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Shopflo
Complete news archive for Shopflo
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Frequently Asked Questions about Shopflo
Shopflo was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Shopflo is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Shopflo is a funded company, having raised a total of $2.6M across 1 funding round to date.
As of Apr 08, 2024, the latest employee count at Shopflo is 30.
Annual revenue of Shopflo is $76.09K as on Mar 31, 2023.
Founded in 2021 and based in Delhi, India, Shopflo operates in the e-commerce sector by offering checkout suite solutions. These enable fast checkout experiences for customers, integration with various payment methods, and automated coupon redemption. Abandoned carts are recovered through direct purchase completion on WhatsApp, supporting e-tailers in streamlining transactions and reducing losses.
Shopflo offers Checkout Platform, Identity Login, Custom UI, Coupons and Upsell, and 2 more products and services.
Shopflo has 4 investors. Key investors include Pine Labs, Tiger Global, TQ Ventures, and Better Capital.