About StoreSpace
StoreSpace is a Transportation, Automotive & Logistics company based in Bengaluru (India) founded in 2015. Warehousing and logistics services are offered via an online platform. StoreSpace has raised $105.43 thousand across 2 funding rounds from investors including Ashish Jaichand, Udit Navarun and Ankit Parasher. The company has 16 employees. StoreSpace was last valued at $1.41 million in October 2017. Its Indian entity Storespace Storage Solutions Private Limited reported revenue of ₹6.33 Cr. StoreSpace offers products and services including Transportation Services, Warehousing Services, and Value Added Services. Its focus areas include Transportation and Logistics, Trucking, Horizontal and Warehousing.
Company details
StoreSpace was founded in 2015 in Bengaluru, India. An online platform is maintained for delivering warehousing and logistics solutions. Services including 3PL, 4PL, transportation, and in-plant warehousing are provided to support industries such as FMCG, ecommerce, automotive, fashion, and apparel. Logistics management tools are integrated to handle operations across these sectors.
- Headquarters Bengaluru, India
- Employees 16
- Stage Minicorn
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Phone•••• ••••
- Website storespace.in
- Social LinkedIn X Facebook Instagram
- Legal Name Storespace Storage Solutions Private Limited
- Date of Incorporation 23 Dec, 2015
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹6.33 Cr
FY 2024 · -48% YoY
- Net Profit₹7.3 Lakh
FY 2024 · 1% margin
- EBITDA₹12.3 Lakh
FY 2024 · 2% margin
- Total Equity Funding$105.43K (USD)
in 2 rounds
- Latest Funding Round$105.43K (USD), Angel Round
Oct 2017
- Employee Count16
Associated legal entities of StoreSpace
StoreSpace operates through Storespace Storage Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Storespace Storage Solutions Private Limited CIN U74900KA2015PTC084904 | Active | 23 Dec 2015 | Bangalore, Karnataka | ₹6.3 Cr | 16 | 2 | View details |
Products & Services of StoreSpace
StoreSpace offers a comprehensive portfolio of products and services, including Transportation Services, Warehousing Services, and Value Added Services.
Offers pan-India transportation with fast turnaround times
Provides secure warehousing with GMP and safety protocols
Delivers plug-and-play operations for cost-effective solutions
Funding Insights of StoreSpace
StoreSpace has successfully raised a total of $105.43K across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $105.43 thousand completed in October 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.
- Total Funding $105,431
- Total Rounds 2
- Last Round Angel Round — $105,431
- Investors Count 4
All 2 funding rounds of StoreSpace with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2017 | $105,431 | Angel Round | $1.41M | Ashish Jaichand | – |
| Mar 2016 | Angel Round | $1.01M | Udit Navarun |
| Date | Valuation | Stage |
|---|---|---|
| Oct 2017 | $1.41M | •••••••• |
| Mar 2016 | $1.01M | •••••••• |
Last known valuation $1.41M (Oct 2017). 4 investors in total: 0 institutional and 4 angel.
Investors in StoreSpace
StoreSpace has secured backing from 4 investors, including angel investors. Prominent investors backing the company include Ashish Jaichand, Udit Navarun and Ankit Parasher.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
AJ Ashish Jaichand | unknown_644bdb6cdfa74e368 | |||
UN Udit Navarun | unknown_f958c135ae7f46a48 | |||
AP Ankit Parasher | Co-founder of Stader Labs, blockchain expert, active angel investor | unknown_83c152e2970248939 | ||
PS Pushkar Singh | Co-founder of LetsTransport, active angel investor in Indian startups | unknown_67ee38ca416f46eca |
Investor details for StoreSpace
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Storespace Storage Solutions Private Limited (StoreSpace)
Storespace Storage Solutions Private Limited is the primary company behind StoreSpace. The board of Storespace Storage Solutions Private Limited currently have 2 directors; the longest-serving is Tanya Singh, appointed in 2015. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Tanya Singh DIN 07108378 | Director | 23 Dec 2015 | 10 yrs 10 mo | Storespace Storage Solutions Private Limited |
| Ashish Jaichand DIN 00390420 | Director | 19 Feb 2018 | 8 yrs 8 mo | Storespace Storage Solutions Private Limited |
People of StoreSpace
1 people are tracked at StoreSpace (1 in leadership); the tracked headcount is 16.
| Name | Role | Group |
|---|---|---|
| Founder & CEO | Leadership |
Complete people profiles for StoreSpace
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of StoreSpace
Figures of Storespace Storage Solutions Private Limited, the primary company behind StoreSpace, for FY 2024. Revenue was ₹6.33 Cr (-48% year on year). Net profit was ₹7.3 Lakh (1% margin). EBITDA was ₹12.3 Lakh (2% margin). Revenue has grown at a compounded annual rate of -28% over three years and -4% over five years.
- ₹6.33 CrRevenue · FY 2024 · -48% YoY
- ₹7.3 LakhNet profit · 1% margin
- ₹12.3 LakhEBITDA · 2% margin
- ₹1.1 LakhPaid-up capital
- 16Employees (provident fund records)
- -28%Revenue CAGR, 3 years
- -4%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Storespace Storage Solutions Private Limited are on its company page.
Detailed financial statements for StoreSpace
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of StoreSpace
4 dated milestones of StoreSpace across 2 years, from founding to its latest funding, stage changes and deals.
- Founded StoreSpace is founded.
- Funding First funding round.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Angel Round, of $105K.
Web traffic of StoreSpace
The website of StoreSpace (storespace.in) receives about 1.7K visits a month.
- Monthly visits1.7K
▲ 51.1% vs previous month
Top companies in Warehousing
3 companies that operate in the same segment as StoreSpace (Warehousing) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Sustainable supply chain solutions are delivered via asset pooling. | 2013 | Mumbai, Maharashtra, India | USD 214.47 M | USD 30.93 M | 246 | |
Integrated supply chain and mobility solutions are provided globally. | 2009 | Mumbai, Maharashtra, India | USD 33.05 M | USD 745.97 M | 4,100 | |
Multi-modal freight transportation, warehousing, and logistics services are provided globally. | 1993 | Mumbai, Maharashtra, India | USD 18 M | USD 219.35 M | 557 |
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Related news about Storespace
Complete news archive for StoreSpace
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- Full article archive
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- Older coverage
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Frequently Asked Questions about StoreSpace
StoreSpace was founded in 2015 and raised its 1st funding round 1 year after it was founded.
StoreSpace is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
StoreSpace is a funded company, having raised a total of $105.43K across 2 funding rounds to date.
StoreSpace has 16 employees.
The primary company behind StoreSpace, Storespace Storage Solutions Private Limited, reported revenue of ₹6.33 Cr for FY 2024, down 48% year on year.
StoreSpace was founded in 2015 in Bengaluru, India. An online platform is maintained for delivering warehousing and logistics solutions. Services including 3PL, 4PL, transportation, and in-plant warehousing are provided to support industries such as FMCG, ecommerce, automotive, fashion, and apparel. Logistics management tools are integrated to handle operations across these sectors.
StoreSpace offers Transportation Services, Warehousing Services, and Value Added Services.
StoreSpace has 4 investors. Key investors include Ashish Jaichand, Udit Navarun, Ankit Parasher, and Pushkar Singh.
The valuation of StoreSpace is $1.41M as of Oct 2017.
StoreSpace operates through Storespace Storage Solutions Private Limited.
The legal entities of StoreSpace currently have 2 directors, including Tanya Singh, Ashish Jaichand.