About ShopKirana
ShopKirana is a company based in Indore (India) founded in 2015 by Deepak Dhanotiya, Tanutejas Saraswat, and Sumit Ghorawat was acquired by Udaan in July 2025.. ShopKirana has raised $59.21 million across 8 funding rounds from investors including Angel List, Akatsuki and Udaan. The company has 743 employees as of March 27, 2024. ShopKirana offers products and services including ShopKirana Platform, Retailer App, and Lending Services. ShopKirana operates in a competitive market with competitors including IndiaMART, Moglix, Shiprocket, HyperPure and ShipBob, among others.
- Headquarter Indore, India
- Employees 743 as on 27 Mar, 2024
- Founders Deepak Dhanotiya, Tanutejas Saraswat, Sumit Ghorawat
- Stage Minicorn
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Sectors
TechnologyRetail Transportation, Automotive & Logistics
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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 Shop Kirana E Trading Private Limited
- Date of Incorporation 08 Dec, 2014
- Jurisdiction Indore, Madhya Pradesh, India
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Annual Revenue
$54.87 M (USD)25.96as on Mar 31, 2022
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Net Profit
$-7.18 M (USD)-83.17as on Mar 31, 2022
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EBITDA
$-6.72 M (USD)-76.88as on Mar 31, 2022
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Total Equity Funding
$59.21 M (USD)
in 8 rounds
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Latest Funding Round
$967.95 K (USD), Series C
Mar 27, 2025
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Investors
Angel List
& 62 more
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Employee Count
743
as on Mar 27, 2024
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Acquired by
Udaan
(Jul 18, 2025)
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Products & Services of ShopKirana
ShopKirana offers a comprehensive portfolio of products and services, including ShopKirana Platform, Retailer App, and Lending Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
B2B platform for retailers to order and manage supplies from brands.
Mobile app for online ordering and payment processing by retailers.
Partner-based lending for retailer financing and loans.
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Funding Insights of ShopKirana
ShopKirana has successfully raised a total of $59.21M across 8 strategic funding rounds. The most recent funding activity was a Series C round of $967.95 thousand completed in March 2025. 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 Total Funding
- Total Rounds 8
- Last Round Series C — $967,954
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First Round
First Round
(30 May 2015)
- Investors Count 62
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2025 | Amount | Series C - ShopKirana | Valuation | Mitsui Sumitomo Insurance Venture Capital |
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| Jan, 2022 | Amount | Series C - ShopKirana | Valuation | Oman India Joint Investment Fund , Sixth Sense Ventures | |
| Apr, 2021 | Amount | Series B - ShopKirana | Valuation | Nava Limited , Nbventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in ShopKirana
ShopKirana has secured backing from 63 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Angel List, Akatsuki and Udaan. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private equity funds are managed for growth capital investments in India's mid-market segments, focusing on key sectors and sustainable business advantages.
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Founded Year | Domain | Location | |
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Venture capital fund investing in consumer-focused startups in India.
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Founded Year | Domain | Location | |
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Private debt and equity funds are managed for technology sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by ShopKirana
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - ShopKirana
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Shopkirana Comparisons
Competitors of ShopKirana
ShopKirana 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 IndiaMART, Moglix, Shiprocket, HyperPure and ShipBob, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online B2B marketplace connecting buyers and suppliers of diverse industrial products
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| domain | founded_year | HQ Location |
Multi-category products are supplied via a B2B marketplace platform.
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| domain | founded_year | HQ Location |
E-commerce tools for shipping, marketing, and financial services are provided.
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| domain | founded_year | HQ Location |
Food industry ingredients are supplied via a B2B platform.
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| domain | founded_year | HQ Location |
E-commerce fulfillment solutions are provided for direct-to-consumer brands.
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| domain | founded_year | HQ Location |
AI-based logistics solutions are provided for shipping and tracking.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Shopkirana
Frequently Asked Questions about ShopKirana
When was ShopKirana founded?
ShopKirana was founded in 2015.
Where is ShopKirana located?
ShopKirana is headquartered in Indore, India. It is registered at Indore, Madhya Pradesh, India.
Who is the current CEO of ShopKirana?
Tanutejas Saraswat is the current CEO of ShopKirana. They have also founded this company.
Is ShopKirana a funded company?
ShopKirana is a funded company, having raised a total of $59.21M across 8 funding rounds to date. The company's 1st funding round was a Series B of $723.95K, raised on May 30, 2015.
How many employees does ShopKirana have?
As of Mar 27, 2024, the latest employee count at ShopKirana is 743.
What is the annual revenue of ShopKirana?
Annual revenue of ShopKirana is $54.87M as on Mar 31, 2022.
What does ShopKirana do?
ShopKirana was founded in 2015 in Indore, India, to serve the retail sector through a B2B procurement platform. Operations are centered on a mobile application that facilitates order management, payments, deliveries, and supply chain coordination for grocery networks. Products such as home care essentials, cosmetics, footwear, groceries, apparel, and fashion accessories are distributed to support retailer needs.
Who are the top competitors of ShopKirana?
ShopKirana's top competitors include Shiprocket, IndiaMART and Moglix.
What products or services does ShopKirana offer?
ShopKirana offers ShopKirana Platform, Retailer App, and Lending Services.
Who are ShopKirana's investors?
ShopKirana has 63 investors. Key investors include Angel List, Akatsuki, Udaan, Wellfound, and Bikaji.
What is ShopKirana's valuation?
The valuation of ShopKirana is $149.62M as of Jan 2022.
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