About Shopsup
Shopsup is a company based in Bengaluru (India) founded in 2015. Shopsup has raised $1.51 million across 3 funding rounds from investors including Anil Jain, Yang Shu and Anand Sankeshwar. Shopsup operates in a competitive market with competitors including Magicpin, CommerceIQ, Mirriad, Little Internet and NearBuy, among others.
- Headquarter Bengaluru, India
- Stage Minicorn
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Sectors
RetailTechnology
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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 Hyperkonnect Technologies Private Limited
- Date of Incorporation 20 Aug, 2015
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$14.76 K (USD)-82.54as on Mar 31, 2023
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Net Profit
-$41.97 K (USD)-27.73as on Mar 31, 2023
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EBITDA
$11.95 K (USD)-70.82as on Mar 31, 2023
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Total Equity Funding
$1.51 M (USD)
in 3 rounds
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Latest Funding Round
$68.66 K (USD), Angel Round
Sep 30, 2017
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Investors
& 3 more
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Employee Count
Not available
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Funding Insights of Shopsup
Shopsup has successfully raised a total of $1.51M across 3 strategic funding rounds. The most recent funding activity was a Angel Round of $68.66 thousand completed in September 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.
Investors in Shopsup
Shopsup has secured backing from 4 investors, including angel investors. Prominent investors backing the company include Anil Jain, Yang Shu and Anand Sankeshwar.
| Investor | Description | Founded Year | Domain | Location |
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Anil Jain |
Angel investor, ex-CEO of Nandi Infrastructure, focused on tech startups
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Yang Shu |
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Anand Sankeshwar |
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Investor details for Shopsup
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Investments & Acquisitions by Shopsup
Investment portfolio details for Shopsup
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Financial Statements - Shopsup
Detailed financials for Shopsup
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Shopsup Comparisons
Peer comparison for Shopsup
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Competitors of Shopsup
Shopsup 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 Magicpin, CommerceIQ, Mirriad, Little Internet and NearBuy, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Offers a platform that rewards customers for visiting partner businesses.
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AI platform for retail ecommerce management and optimization is provided.
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AI-powered ads are integrated into video content by the platform.
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Hyperlocal deals are aggregated via a mobile app platform.
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Deals and coupons from nearby merchants are aggregated online.
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End-to-end logistics solutions for direct-to-consumer eCommerce are provided.
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Detailed competitors of Shopsup
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Latest news on Shopsup
Complete news archive for Shopsup
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Frequently Asked Questions about Shopsup
Shopsup was founded in 2015.
Shopsup is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Shopsup is a funded company, having raised a total of $1.51M across 3 funding rounds to date.
Annual revenue of Shopsup is $14.76K as on Mar 31, 2023.
Shopsup is a location-based shopping recommendation app. Users can browse through products, stores, select the product and pick it from the store. It has partnered with brands like Van Heusen, AND, Adidas, Pepe Jeans, Raymond, Allen Solly etc. The app rewards users for visiting offline brick mortar stores in the form of reward points that can be redeemed for movie tickets, cab rides, gifts, etc. The solution also enables brandsretailers to do targeted marketing leveraging beacon technology.
Shopsup's top competitors include CommerceIQ, Mirriad and SingleInterface.
Shopsup has 4 investors. Key investors include Anil Jain, Yang Shu, Anand Sankeshwar, and Vijay Sankeshwar.
The valuation of Shopsup is $5.59M as of Sep 2017.