Storecheq

Gurugram, India Founded: 2015 • Age: 11 yrs
Operates a digital hub for managing and distributing e-gift cards.

About Storecheq

Storecheq is a Financial Services company based in Gurugram (India) founded in 2015 by Vivek Gupta and Gurlal Algh. It operates a digital hub for managing and distributing e-gift cards. It operates on a B2C model. Its Indian entity Storecheq Innovations Private Limited reported revenue of β‚Ή58.2 Lakh. Its focus areas include Finance, Fintech, Digital Payments and Gift Cards. Its competitors include Xoxoday, FutureBazaar and GyFTR; 1 of its 3 listed competitors has raised funding.

Company details

Storecheq operates with a B2C model, focusing on finance, fintech, digital payments, and gift cards. Operates a digital hub for managing and distributing e-gift cards. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations. It continues to evolve, meeting industry challenges with strategic approaches.

Operational Areas
Key Metrics
  • Annual Revenue
    ₹58.2 Lakh

    FY 2021 · +75% YoY

  • Net Loss
    -₹12,448

    FY 2021 · 0% margin

  • EBITDA
    -₹5,309

    FY 2021 · 0% margin

Board of directors of Storecheq Innovations Private Limited (Storecheq)

Storecheq Innovations Private Limited is the primary company behind Storecheq. The board of Storecheq Innovations Private Limited currently have 2 directors; the longest-serving is Bhawna Mittal, appointed in 2015.

DirectorDesignationAppointedTenureEntity
Bhawna Mittal
DIN 07226450
Director03 Aug 201511 yrs 3 moStorecheq Innovations Private Limited
Vivek Gupta
DIN 07226388
Director03 Aug 201511 yrs 3 moStorecheq Innovations Private Limited

People of Storecheq

2 people are tracked at Storecheq (2 in leadership).

NameRoleGroup
Co-FounderLeadership
Gurlal Algh
Co-FounderLeadership
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Financials of Storecheq

Figures of Storecheq Innovations Private Limited, the primary company behind Storecheq, for FY 2021. Revenue was ₹58.2 Lakh (+75% year on year). Net loss was -₹12,448 (0% margin). EBITDA was -₹5,309 (0% margin). Revenue has grown at a compounded annual rate of +664% over three years.

  • ₹58.2 LakhRevenue · FY 2021 · +75% YoY
  • -₹12,448Net loss · 0% margin
  • -₹5,309EBITDA · 0% margin
  • ₹53.1 LakhPaid-up capital
  • +664%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Storecheq Innovations Private Limited are on its company page.

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Detailed financial statements for Storecheq

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Competitors of Storecheq

Storecheq has 3 listed competitors in our database, 1 of them funded. They include Xoxoday, FutureBazaar and GyFTR.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
xoxoday.com2012Bengaluru, India$30.61M269
AI-powered loyalty, rewards, and employee engagement solutions are provided.
futurebazaar.com2006Mumbai, India1
Operates as an ecommerce platform for Future Group, specializing in the sale of gift vouchers.
gyftr.com2012Delhi, India238
Prepaid cards from various brands are offered on the platform.
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Top companies in Travel Fintech

3 companies that operate in the same segment as Storecheq (Travel Fintech) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Digital payment services via UPI, cards, and wallets.
2019Bengaluru, Karnataka, IndiaUSD 4.26 M128
Provides an app-based platform for group expense sharing and bill splitting.
2015Bengaluru, Karnataka, IndiaUSD 2.47 M177
Offers agent-based solutions for secure payment processing.
2015Ludhiana, Punjab, India
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Related news about Storecheq

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Frequently Asked Questions about Storecheq

Storecheq was founded in 2015.

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

The primary company behind Storecheq, Storecheq Innovations Private Limited, reported revenue of β‚Ή58.2 Lakh for FY 2021, up 75% year on year.

Storecheq operates with a B2C model, focusing on finance, fintech, digital payments, and gift cards. Operates a digital hub for managing and distributing e-gift cards. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations. It continues to evolve, meeting industry challenges with strategic approaches.

Storecheq's top competitors include Xoxoday, GyFTR and FutureBazaar.

Storecheq operates through Storecheq Innovations Private Limited.

The legal entities of Storecheq currently have 2 directors, including Bhawna Mittal, Vivek Gupta.

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