Shopsity

Gurugram, India Founded: 2015 • Age: 11 yrs Acquired By Paytm
Mobile app to discover fashion products from local stores
Annual revenue $53 Latest available
Total funding - 1 rounds
Employees - Tracked headcount
Investors 1 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About Shopsity

Shopsity is a company based in Gurugram (India) founded in 2015 by Danish Ahmed was acquired by Paytm in November 2016. Shopsity operates in a competitive market with competitors including Little Black Book, Pretr, Zakoopi, Hashstar and OneHop, among others.

  • Headquarter Gurugram, India
  • Founders Danish Ahmed
  • Sectors
    Retail
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Shopsity Tech Private Limited
  • Date of Incorporation 20 Mar, 2015
  • Jurisdiction Gurgaon, Haryana, India
Operational Areas
Retail → Fashion & Retail Innovation Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $52.91 (USD)
    0
    as on Mar 31, 2020
  • Net Profit
    -$915.18 (USD)
    38.58
    as on Mar 31, 2020
  • EBITDA
    -$313.09 (USD)
    43.51
    as on Mar 31, 2020
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    Not available
  • Acquired by
    Paytm

    (Nov 11, 2016)

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Funding Insights of Shopsity

Investors in Shopsity

Shopsity has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Paytm.

All
Institutional
Investor Description Founded Year Domain Location
Digital payments, financial services, and e-commerce platforms are provided.
Locked Locked Locked
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Investor details for Shopsity

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Investments & Acquisitions by Shopsity

Investments
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Investment portfolio details for Shopsity

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Financial Statements - Shopsity

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Detailed financials for Shopsity

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Shopsity Comparisons

Shopsity Primary company
Description
Mobile app to discover fashion products from local stores
Location
Gurugram, India
Founded Year
2015
Annual Revenue
$52.91 (USD)
Net Profit
-$915.18 (USD)
EBITDA
-$313.09 (USD)
Employees
Not available
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Peer comparison for Shopsity

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Competitors of Shopsity

Shopsity 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 Little Black Book, Pretr, Zakoopi, Hashstar and OneHop, among others.

Company Name Domain Founded year HQ Location Description
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Multi-category products are offered via an online marketplace.
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Discovery, reservation, and ordering from local stores are facilitated online.
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Location-based discovery of fashion and apparel stores is facilitated.
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Operates an online hyperlocal marketplace for a variety of fashion products.
Locked Locked Locked
Local fashion shopping app
Locked Locked Locked
A mobile app that enables users to find deals and offers via reverse auctions.
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Detailed competitors of Shopsity

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Latest news on Shopsity

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Complete news archive for Shopsity

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Frequently Asked Questions about Shopsity

Shopsity was founded in 2015.

Shopsity is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.

Danish Ahmed is the current CEO of Shopsity. They have also founded this company.

Annual revenue of Shopsity is $52.91 as on Mar 31, 2020.

Shopsity is an app which lets users see whats available in local fashion stores. Users can search by Category, Brand and Locality. Users can call stores and inquire about the products. Has an option to follow favourite stores to get updates on discounts. Claims to have over 2000 stores on its portal across cities like Delhi, Bangalore, Pune, Hyderabad, Gurgaon, Mumbai, Chennai etc. Raised an undisclosed amount of funding from Sandeep Aggarwal, founder of ShopClues and Droom, and Teruhide Sato, founder of Netprice. Website is shut down as of Nov16 and but Danish Ahmed, claims that it is building IT solutions for retailers and is still operational.

Shopsity's top competitors include Little Black Book, Pretr and Zakoopi.

Shopsity has 1 investor. Key investors include Paytm.

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