UniShop

Delhi, India Founded: 2020 • Age: 6 yrs Acquired By Cashify
Platform offering eCommerce suite solution for kirana stores

About UniShop

UniShop is a Technology company based in Delhi (India) founded in 2020, and was acquired by Cashify in July 2021. It operates in the Technology and Retail sectors. UniShop has raised $57.48 thousand across 1 funding round from investors including Cashify, Arvind Prabha Kar and Rohan Mahajan. UniShop was last valued at $369.84 thousand in January 2021. Its Indian entity Huhu Solutions Private Limited reported revenue of β‚Ή1.1 Lakh. Its focus areas include E-Commerce Enablers, Ecommerce Software Suite, Kirana Stores and B2B E-Commerce.

Company details

Platform offering eCommerce suite solution for Kirana stores. Its a Point of Sale app that helps offline businesses to digitize and sell online. Its solution offerings include multiple billing modes, stock management, staff management, online store development, custom domain, marketing, multiple payment options, personalized promotions, and more. The solution is suitable for businesses like grocery Kirana stores, fruits vegetable stores, medical stores, and more. The company offers mobile applications for Android and iOS platforms.

  • Headquarters Delhi, India
  • Stage Acquired
  • Sectors
    Technology
    Retail
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website unishop.app
  • Social LinkedIn
  • Acquired by Cashify (Jul 2021)
  • Legal Name Huhu Solutions Private Limited
  • Date of Incorporation 16 Jun, 2018
  • Jurisdiction Delhi, India
Key Metrics
  • Annual Revenue
    ₹1.1 Lakh

    FY 2023 · -97% YoY

  • Net Loss
    -₹2.8 Lakh

    FY 2023 · -256% margin

  • EBITDA
    -₹2.4 Lakh

    FY 2023 · -223% margin

  • Total Equity Funding
    $57.48K (USD)

    in 1 rounds

  • Latest Funding Round
    $57.48K (USD), Angel Round

    Jan 2021

  • Investors
    Cashify

    & 3 more

  • Acquired by
    Cashify

    (Jul 2021)

Funding Insights of UniShop

UniShop has successfully raised a total of $57.48K through 1 strategic funding round. The most recent funding activity was a Angel Round of $57.48 thousand completed in January 2021. 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 $57,482
  • Total Rounds 1
  • Last Round Angel Round β€” $57,482
  • First Round $57,482

    (Jan 2021)

  • Investors Count 3

All 1 funding rounds of UniShop with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2021$57,482Angel Round$369,835Arvind Prabha Kar, Rohan Mahajan
–
Valuation history

Last known valuation $369,835 (Jan 2021). 4 investors in total: 1 institutional and 3 angel.

Investors in UniShop

UniShop has secured backing from 4 investors, including angel investors. Prominent investors backing the company include Cashify, Arvind Prabha Kar and Rohan Mahajan.

All
Angel
InvestorDescriptionFounded YearDomainLocation

Arvind Prabha Kar

unknown_8a40a1d151cc48eeb

Rohan Mahajan

Co-founder of Sourceasy, angel investor in Indian startups
unknown_b6b4570aab474bf3b

Nikhil Sarup

Angel investor and entrepreneur, co-founder of LawRato, focused on legal tech.
unknown_8448ef3cf0d44337b
Refurbished and new gadgets are offered through an online marketplace.
2009cashify.inGurugram, India
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Investor details for UniShop

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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Board of directors of Huhu Solutions Private Limited (UniShop)

Huhu Solutions Private Limited is the primary company behind UniShop. The board of Huhu Solutions Private Limited currently have 2 directors; the longest-serving is Hitashi Garg, appointed in 2018. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Hitashi Garg
DIN 02196472
Director16 Jun 20188 yrs 4 moHuhu Solutions Private Limited
Jai Bhagwan
DIN 08182331
Director27 Aug 20188 yrs 2 moHuhu Solutions Private Limited

Financials of UniShop

Figures of Huhu Solutions Private Limited, the primary company behind UniShop, for FY 2023. Revenue was ₹1.1 Lakh (-97% year on year). Net loss was -₹2.8 Lakh (-256% margin). EBITDA was -₹2.4 Lakh (-223% margin). Revenue has grown at a compounded annual rate of +121% over three years.

  • ₹1.1 LakhRevenue · FY 2023 · -97% YoY
  • -₹2.8 LakhNet loss · -256% margin
  • -₹2.4 LakhEBITDA · -223% margin
  • ₹1.2 LakhPaid-up capital
  • +121%Revenue CAGR, 3 years

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

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Detailed financial statements for UniShop

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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  • Downloads

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Timeline of UniShop

3 dated milestones of UniShop across 1 years, from founding to its latest funding, stage changes and deals.

  1. Founded UniShop is founded.
  2. Funding First funding round of $57K.
  3. Exit Acquired by Cashify.

Top companies in Brand & Marketing Technology

3 companies that operate in the same segment as UniShop (Brand & Marketing Technology) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
E-commerce tools for shipping, marketing, and financial services are provided.
2012Gurugram, Haryana, IndiaUSD 321.57 MUSD 135.47 M915
Crafts global health and wellness brands for digital platforms.
2021Bengaluru, Karnataka, IndiaUSD 206.9 MUSD 71.62 M427
Retail intelligence platform is developed for brands and B2B retailers.
2008Bengaluru, Karnataka, IndiaUSD 21.11 MUSD 7.69 M345
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Related news about Unishop

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Complete news archive for UniShop

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Frequently Asked Questions about UniShop

UniShop was founded in 2020 and raised its 1st funding round 1 year after it was founded.

UniShop is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.

UniShop is a funded company, having raised a total of $57.48K across 1 funding round to date. The company's 1st funding round was a Angel Round of $57.48K, raised on Jan 2021.

The primary company behind UniShop, Huhu Solutions Private Limited, reported revenue of β‚Ή1.1 Lakh for FY 2023, down 97% year on year.

Platform offering eCommerce suite solution for Kirana stores. Its a Point of Sale app that helps offline businesses to digitize and sell online. Its solution offerings include multiple billing modes, stock management, staff management, online store development, custom domain, marketing, multiple payment options, personalized promotions, and more. The solution is suitable for businesses like grocery Kirana stores, fruits vegetable stores, medical stores, and more. The company offers mobile applications for Android and iOS platforms.

UniShop has 4 investors. Key investors include Cashify, Arvind Prabha Kar, Rohan Mahajan, and Nikhil Sarup.

The valuation of UniShop is $369.84K as of Jan 2021.

UniShop operates through Huhu Solutions Private Limited.

Yes. UniShop was acquired by Cashify in July 2021.

The legal entities of UniShop currently have 2 directors, including Jai Bhagwan, Hitashi Garg.

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