About ShopTap
ShopTap was a Retail company based in Hyderabad (India) founded in 2014. ShopTap simplifies procurement processes for online shopping needs. It operates on a B2B model. Its Indian entity Shoptap India Private Limited reported revenue of ₹23.3 Lakh. The company is recorded as dissolved. ShopTap offers products and services including ShopTap Platform. Its focus areas include Consumer, Ecommerce, Procurement and Online Tools. Its competitors include Boonbox, Dukanline India and Bazoki; 1 of its 3 listed competitors has raised funding.
Company details
ShopTap is a platform designed to make procurement easier, likely through digital tools and online resources. It features articles and tips on e-commerce trends, including strategies for saving money during online purchases and updates on retail growth. The service appears to target consumers and businesses by providing information on shopping practices, though specific locations and clients are not detailed. Overall, it operates in the digital retail space, focusing on user-friendly procurement solutions.
- Headquarters Hyderabad, India
- SectorsRetail
- Website shoptap.in
- Legal Name Shoptap India Private Limited
- Date of Incorporation 13 Jul, 2016
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹23.3 Lakh
FY 2017
- Net Profit₹33,807
FY 2017 · 1% margin
- EBITDA₹1.2 Lakh
FY 2017 · 5% margin
Associated legal entities of ShopTap
ShopTap operates through Shoptap India Private Limited (strike off). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2017) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Shoptap India Private Limited CIN U74999TG2016PTC110865 | Strike Off | 13 Jul 2016 | Hyderabad, Telangana | ₹0.2 Cr | 2 | View details |
Products & Services of ShopTap
ShopTap offers a comprehensive portfolio of products and services, including ShopTap Platform.
Platform for streamlining online procurement and shopping tips
Board of directors of Shoptap India Private Limited (ShopTap)
Shoptap India Private Limited is the primary company behind ShopTap. The board of Shoptap India Private Limited currently have 2 directors; the longest-serving is Manikanta Racharla, appointed in 2016.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Manikanta Racharla DIN 06559111 | Director | 13 Jul 2016 | 10 yrs 3 mo | Shoptap India Private Limited |
| Raghu Muvvala DIN 06718161 | Director | 13 Jul 2016 | 10 yrs 3 mo | Shoptap India Private Limited |
Financials of ShopTap
Figures of Shoptap India Private Limited, the primary company behind ShopTap, for FY 2017. Revenue was ₹23.3 Lakh. Net profit was ₹33,807 (1% margin). EBITDA was ₹1.2 Lakh (5% margin).
- ₹23.3 LakhRevenue · FY 2017
- ₹33,807Net profit · 1% margin
- ₹1.2 LakhEBITDA · 5% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Shoptap India Private Limited are on its company page.
Detailed financial statements for ShopTap
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- Financial ratios
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Verified entity values are shown only after access is granted.
Competitors of ShopTap
ShopTap has 3 listed competitors in our database, 1 of them funded. They include Boonbox, Dukanline India and Bazoki.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| boonbox.com | 2011 | Chennai, India | $7.37M | 2 | Provider of purchase assistant for rural customers | |
| dukanline.com | 2008 | Hyderabad, India | 18 | Assisted e-commerce platform for selling out-of-stock products | ||
| bazoki.com | 2016 | Kolkata, India | Online platform for fresh grocery ordering and delivery from local markets in Kolkata. |
Detailed competitors of ShopTap
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- Operating metrics
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Frequently Asked Questions about ShopTap
ShopTap was founded in 2014.
ShopTap is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
The primary company behind ShopTap, Shoptap India Private Limited, reported revenue of ₹23.3 Lakh for FY 2017.
ShopTap is a platform designed to make procurement easier, likely through digital tools and online resources. It features articles and tips on e-commerce trends, including strategies for saving money during online purchases and updates on retail growth. The service appears to target consumers and businesses by providing information on shopping practices, though specific locations and clients are not detailed. Overall, it operates in the digital retail space, focusing on user-friendly procurement solutions.
ShopTap's top competitors include Boonbox, Dukanline India and Bazoki.
ShopTap offers ShopTap Platform.
ShopTap operates through Shoptap India Private Limited.
The legal entities of ShopTap currently have 2 directors, including Manikanta Racharla, Raghu Muvvala.