About Shopholix
Shopholix is a Retail company based in Gurugram (India) founded in 2015 by Abhinav Midha, Hemant Upadhyay, and Chinmay Bhatt. It operates as an a mobile app for exploring products available in local stores. It operates on a B2C model. Shopholix has raised $278.46 thousand across 2 funding rounds from investors including Munesh Khanna, Tushar Chandra and Praful Sharma. Shopholix was last valued at $2 million in December 2017. Its focus areas include Mobile Commerce, Local Discovery and Product Exploration. Its legal entity in India is Shopholix Marketing Services Private Limited (U74999MH2015PTC266333). Its competitors include Locally Latest, TapDiscover, Zipstore and Go Shoplane.
Company details
Shopholix a mobile app for exploring products available in local stores, focusing on engaging in retail operations, mobile commerce, local discovery, and product exploration. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
- Headquarters Gurugram, India
- Founders Abhinav Midha, Hemant Upadhyay, Chinmay Bhatt
- Stage Minicorn
- SectorsRetail
- Website shopholix.com
- Social X Facebook
- Legal Name Shopholix Marketing Services Private Limited
- Date of Incorporation 04 Jul, 2015
- Jurisdiction Mumbai, Maharashtra, India
- Net Loss-₹2.8 Lakh
FY 2023 · 0% margin
- EBITDA-₹2.6 Lakh
FY 2023 · 0% margin
- Total Equity Funding$278.46K (USD)
in 2 rounds
- Latest Funding Round$232.81K (USD), Angel Round
Dec 2017
Associated legal entities of Shopholix
Shopholix operates through Shopholix Marketing Services Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Shopholix Marketing Services Private Limited CIN U74999MH2015PTC266333 | Active | 04 Jul 2015 | Mumbai, Maharashtra | – | – | 3 | View details |
Funding Insights of Shopholix
Shopholix has successfully raised a total of $278.46K across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $232.81 thousand completed in December 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 $278,456
- Total Rounds 2
- Last Round Angel Round — $232,808
- First Round $45,648
(Sep 2017)
- Investors Count 15
All 2 funding rounds of Shopholix 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 |
|---|---|---|---|---|---|
| Dec 2017 | $232,808 | Angel Round | $2M | Munesh Khanna, Tushar Chandra | |
| Sep 2017 | $45,648 | Angel Round | $612,620 | Manish Kumar |
| Date | Valuation | Stage |
|---|---|---|
| Dec 2017 | $2M | •••••••• |
Last known valuation $2M (Dec 2017). 15 investors in total: 0 institutional and 15 angel.
Investors in Shopholix
Shopholix has secured backing from 15 investors, including angel investors. Prominent investors backing the company include Munesh Khanna, Tushar Chandra and Praful Sharma.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
MK Munesh Khanna | - | – | unknown_72942e80eb63402fa | - |
TC Tushar Chandra | - | – | unknown_887865c3e53643f79 | - |
PS Praful Sharma | - | – | unknown_141271bd46dd44ea9 | - |
RG Radhika Gopalkrishnan | - | – | unknown_0a942053515f4d87a | - |
KK Kranti Kumar | - | – | unknown_f11424df0a184d9b9 | - |
ST Shelly Tayal | - | – | unknown_87c7db398ccd4f3a9 | - |
KU Kamal Upreti | - | – | unknown_20d6131367cb46e2b | - |
MK Munesh Khanna | Angel investor, ex-CFO of GeBBS Healthcare, focused on early-stage startups | – | unknown_5b82c13b6c6a444c8 | - |
MK Manish Kumar | Co-founder of Kuku FM, active angel investor in Indian startups | – | unknown_89d3f179869c4896a | - |
AA Anshul Agarwal | Angel investor and entrepreneur, focused on tech startups, based in India. | – | unknown_c13be538a48243e2b | - |
Investor details for Shopholix
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Verified entity values are shown only after access is granted.
Board of directors of Shopholix Marketing Services Private Limited (Shopholix)
Shopholix Marketing Services Private Limited is the primary company behind Shopholix. The board of Shopholix Marketing Services Private Limited currently have 3 directors; the longest-serving is Abhinav Midha, appointed in 2015.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Abhinav Midha DIN 02007273 | Director | 04 Jul 2015 | 11 yrs 3 mo | Shopholix Marketing Services Private Limited |
| Chinmay Bhatt DIN 06581519 | Director | 04 Jul 2015 | 11 yrs 3 mo | Shopholix Marketing Services Private Limited |
| Hemantkumar Upadhyay Puranchand DIN 07188369 | Director | 04 Jul 2015 | 11 yrs 3 mo | Shopholix Marketing Services Private Limited |
People of Shopholix
3 people are tracked at Shopholix (3 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
Hemant Upadhyay | Co-Founder | Leadership |
| Founder | Leadership |
Complete people profiles for Shopholix
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Shopholix
Figures of Shopholix Marketing Services Private Limited, the primary company behind Shopholix, for FY 2023. Net loss was -₹2.8 Lakh (0% margin). EBITDA was -₹2.6 Lakh (0% margin). Revenue has grown at a compounded annual rate of -100% over five years.
- -₹2.8 LakhNet loss · 0% margin
- -₹2.6 LakhEBITDA · 0% margin
- ₹3.5 LakhPaid-up capital
- -100%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Shopholix Marketing Services Private Limited are on its company page.
Detailed financial statements for Shopholix
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Shopholix
4 dated milestones of Shopholix across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Shopholix is founded.
- Funding First funding round of $46K.
- Funding Latest funding round, Angel Round, of $233K.
- Milestone Reaches Minicorn status.
Competitors of Shopholix
Shopholix has 4 listed competitors in our database. They include Locally Latest, TapDiscover, Zipstore and Go Shoplane, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| locallylatest.com | 2020 | Surat, India | – | – | An online fashion app that connects users to nearby shops and local businesses for convenient shopping. | |
| tapdiscover.com | 2015 | Bengaluru, India | – | – | A product discovery platform for women's fashion from local stores. | |
| zipstore.in | 2015 | Ahmedabad, India | – | – | A mobile app that helps users discover and explore fashion options in local stores. | |
| goshoplane.com | 2015 | Bengaluru, India | – | – | A user-friendly platform for discovering nearby showrooms and brands. |
Detailed competitors of Shopholix
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Top companies in Fashion & Lifestyle E-Commerce
10 companies that operate in the same segment as Shopholix (Fashion & Lifestyle E-Commerce), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Eyewear is offered online for men, women, and kids. | 2010 | Gurugram, Haryana, India | USD 1.04 B | USD 939.4 M | 18,984 | |
Fashion and lifestyle products are offered via an online marketplace. | 2007 | Bengaluru, Karnataka, India | USD 123.71 M | USD 542.17 M | 1,108 | |
Gold and silver jewellery, lab-grown diamonds, and accessories are retailed. | 2019 | Bengaluru, Karnataka, India | USD 142.34 M | USD 32.66 M | 711 | |
Photo editing and sharing apps are developed by Meitu. | 2008 | Xiamen, Fujian, China | USD 525 M | USD 536.99 M | 719 | |
Subscription-based jewelry is provided by digital-first brand BlueStone. | 2011 | Bengaluru, Karnataka, India | USD 254.97 M | USD 259.64 M | 3,210 | |
Men's fashion apparel is offered online by Bonobos. | 2007 | New York, New York, United States | USD 127.67 M | – | – | |
Metabolic health is tracked via devices and fitness platforms. | 2019 | Bengaluru, Karnataka, India | USD 163.28 M | USD 65.48 M | 274 | |
Pre-owned fashion products are sold via an online marketplace. | 2008 | Vilnius, Vilnius County, Lithuania | USD 872.04 M | USD 2 M | 4,595 | |
Online rental platform offering multi-category fashion products and accessories | 2009 | New York, New York, United States | USD 326.35 M | USD 306.2 M | 887 | |
Customizable smart lock screen experiences are developed for mobile devices. | 2019 | Bengaluru, Karnataka, India | USD 390 M | USD 73.11 M | 493 |
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Related news about Shopholix
Complete news archive for Shopholix
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Frequently Asked Questions about Shopholix
Shopholix was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Shopholix is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Shopholix is a funded company, having raised a total of $278.46K across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $45.65K, raised on Sep 2017.
Shopholix a mobile app for exploring products available in local stores, focusing on engaging in retail operations, mobile commerce, local discovery, and product exploration. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
Shopholix's top competitors include Zipstore, TapDiscover and Go Shoplane.
Shopholix has 15 investors. Key investors include Munesh Khanna, Tushar Chandra, Praful Sharma, Radhika Gopalkrishnan, and Kranti Kumar.
The valuation of Shopholix is $2M as of Dec 2017.
Shopholix operates through Shopholix Marketing Services Private Limited.
The legal entities of Shopholix currently have 3 directors, including Abhinav Midha, Chinmay Bhatt, Hemantkumar Upadhyay Puranchand.