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
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Sectors
Retail
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Phone
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Website
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Social
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- Legal Name Shopsity Tech Private Limited
- Date of Incorporation 20 Mar, 2015
- Jurisdiction Gurgaon, Haryana, India
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Funding Insights of Shopsity
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2015 | Amount | Seed - Shopsity | Valuation |
investors |
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| 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 Shopsity
Shopsity has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Paytm. 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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Digital payments, financial services, and e-commerce platforms are provided.
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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 Shopsity
| 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 - Shopsity
| 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 |
Shopsity Comparisons
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. 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 |
Multi-category products are offered via an online marketplace.
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| domain | founded_year | HQ Location |
Discovery, reservation, and ordering from local stores are facilitated online.
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| domain | founded_year | HQ Location |
Location-based discovery of fashion and apparel stores is facilitated.
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| domain | founded_year | HQ Location |
Operates an online hyperlocal marketplace for a variety of fashion products.
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| domain | founded_year | HQ Location |
Local fashion shopping app
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| domain | founded_year | HQ Location |
A mobile app that enables users to find deals and offers via reverse auctions.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Shopsity
Frequently Asked Questions about Shopsity
When was Shopsity founded?
Shopsity was founded in 2015.
Where is Shopsity located?
Shopsity is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Who is the current CEO of Shopsity?
Danish Ahmed is the current CEO of Shopsity. They have also founded this company.
What is the annual revenue of Shopsity?
Annual revenue of Shopsity is $52.91 as on Mar 31, 2020.
What does Shopsity do?
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.
Who are the top competitors of Shopsity?
Shopsity's top competitors include Little Black Book, Pretr and Zakoopi.
Who are Shopsity's investors?
Shopsity has 1 investor. Key investors include Paytm.