About WorkStore
WorkStore is a Retail company based in Mumbai (India) founded in 2007. Office supplies are sold through an online platform in India. WorkStore has raised $16.67 million across 4 funding rounds from investors including Staples, FEL India and Sharad Dalmia. The company has 102 employees. Its Indian entity Work Store Private Limited reported revenue of ₹99.82 Cr. WorkStore offers products and services including Facility Supplies, Corporate Gifting, Facility Automation, and Furniture. Its focus areas include B2B E-Commerce, Office Supplies and E-Distributor. Its competitors include Make My Chairs, Dot Workplace Solutions and PinOPen.
Company details
WorkStore was established in 2007 and is based in Mumbai, India. An e-commerce platform is operated for office supplies, covering categories including stationery, cleaning products, pantry items, gifting options, furniture, ink and toners, and electronics. Distribution is handled via 10 centers that reach 90 of Indian pin codes, as recorded in January 2017. The focus remains on serving business needs across the country.
- Headquarters Mumbai, India
- Employees 102
- SectorsRetail
- Email••••••••
- Phone•••• ••••
- Website workstore.in
- Social LinkedIn X Facebook
- Legal Name Work Store Limited
- Date of Incorporation 09 Jan, 2007
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹99.82 Cr
FY 2025 · +5% YoY
- Net Loss-₹3.69 Cr
FY 2025 · -4% margin
- EBITDA-₹1.47 Cr
FY 2025 · -1% margin
- Total Equity Funding$16.67M (USD)
in 4 rounds
- Latest Funding Round$1.22M (USD), Seed
Apr 2016
- InvestorsStaples
& 3 more
- Employee Count102
Associated legal entities of WorkStore
WorkStore is associated with 2 registered companies on The Company Check; the primary company is Work Store Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Work Store Private Limited CIN U74999MH2007PTC166866 | Active | 09 Jan 2007 | Mumbai, Maharashtra | ₹99.8 Cr | 102 | 4 | View details |
| Work Store Limited CIN U74999MH2007PLC166866 | 09 Jan 2007 | Mumbai, Maharashtra, India | View details |
Products & Services of WorkStore
WorkStore offers a comprehensive portfolio of products and services, including Facility Supplies, Corporate Gifting, Facility Automation, and Furniture.
Products for office maintenance and daily needs
Items designed for business gifting and events
Tools for automating office processes and lighting
Furniture items for workspaces and home offices
Funding Insights of WorkStore
WorkStore has successfully raised a total of $16.67M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $1.22 million completed in April 2016. 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 $16.67M
- Total Rounds 4
- Last Round Seed — $1.22M
- First Round $2.44M
(Mar 2007)
- Investors Count 4
All 4 funding rounds of WorkStore 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 |
|---|---|---|---|---|---|
| Apr 2016 | $1.22M | Seed | – | – | |
| May 2010 | $6.46M | Seed | – | – | |
| Apr 2007 | $6.55M | Seed | – | – | |
| Mar 2007 | $2.44M | Seed | – | – |
4 investors in total: 2 institutional and 2 angel.
Investors in WorkStore
WorkStore has secured backing from 4 investors, including institutional and angel investors. Prominent investors backing the company include Staples, FEL India and Sharad Dalmia.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Logistics and supply chain management services are provided by FEL. | 1987 | felindia.in | Mumbai, India | |
Office supplies and business products are distributed online to companies. | 1986 | staples.com | Framingham, United States | |
SD Sharad Dalmia | Angel investor and entrepreneur, focused on tech startups in India. | unknown_4102ea307a864b158 | ||
SK Shailesh Karwa | Angel investor and entrepreneur, focused on early-stage Indian startups. | unknown_e460aca0f1b94c208 |
Investor details for WorkStore
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 Work Store Private Limited (WorkStore)
Work Store Private Limited is the primary company behind WorkStore. The board of Work Store Private Limited currently have 4 directors; the longest-serving is Shailesh Vallabh Karwa, appointed in 2007. 21 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Shailesh Vallabh Karwa DIN 00062674 | Director | 15 Mar 2007 | 19 yrs 7 mo | Work Store Private Limited |
| Sharad Ravi Dalmia DIN 00635001 | Director | 15 Mar 2007 | 19 yrs 7 mo | Work Store Private Limited |
| Anupama Sharad Dalmia DIN 00062788 | Whole-time director | 13 Jun 2024 | 2 yrs 4 mo | Work Store Private Limited |
| Vindhya Shailesh Karwa DIN 00483876 | Whole-time director | 13 Jun 2024 | 2 yrs 4 mo | Work Store Private Limited |
Financials of WorkStore
Figures of Work Store Private Limited, the primary company behind WorkStore, for FY 2025. Revenue was ₹99.82 Cr (+5% year on year). Net loss was -₹3.69 Cr (-4% margin). EBITDA was -₹1.47 Cr (-1% margin). Revenue has grown at a compounded annual rate of +9% over three years and +2% over five years.
- ₹99.82 CrRevenue · FY 2025 · +5% YoY
- -₹3.69 CrNet loss · -4% margin
- -₹1.47 CrEBITDA · -1% margin
- ₹8.44 CrPaid-up capital
- 102Employees (provident fund records)
- +9%Revenue CAGR, 3 years
- +2%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Work Store Private Limited are on its company page.
Detailed financial statements for WorkStore
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 WorkStore
3 dated milestones of WorkStore across 9 years, from founding to its latest funding, stage changes and deals.
- Founded WorkStore is founded.
- Funding First funding round of $2.4M.
- Funding Latest funding round, Seed, of $1.2M.
Competitors of WorkStore
WorkStore has 3 listed competitors in our database. They include Make My Chairs, Dot Workplace Solutions and PinOPen.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| makemychairs.com | 2016 | Chennai, India | 264 | Serves as an e-distributor specializing in office furniture. | ||
| dotworkplace.com | 2013 | Bengaluru, India | 64 | Functions as an e-distributor of furniture for businesses and customers. | ||
| pinopen.com | 2015 | Ahmedabad, India | Online Store for Office Supplies and Housekeeping products |
Detailed competitors of WorkStore
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of WorkStore
The website of WorkStore (workstore.in) receives about 2.7K visits a month.
- Monthly visits2.7K
▲ 41.4% vs previous month
Websites whose visitors overlap most with WorkStore. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| google.com | 100% | 85.8B | #1 | View details |
Top companies in B2B Marketplaces & Wholesale
2 companies that operate in the same segment as WorkStore (B2B Marketplaces & Wholesale) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online B2B marketplace connecting buyers and suppliers of diverse industrial products | 1999 | Noida, Uttar Pradesh, India | USD 37.24 M | USD 167.23 M | 6,100 | |
Digital procurement and supply solutions for construction materials are facilitated. | 2016 | Thane, Maharashtra, India | USD 783.57 M | USD 1.43 B | 2,645 |
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Frequently Asked Questions about WorkStore
WorkStore was founded in 2007.
WorkStore is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
WorkStore is a funded company, having raised a total of $16.67M across 4 funding rounds to date. The company's 1st funding round was a Seed of $2.44M, raised on Mar 2007.
WorkStore has 102 employees.
The primary company behind WorkStore, Work Store Private Limited, reported revenue of ₹99.82 Cr for FY 2025, up 5% year on year.
WorkStore was established in 2007 and is based in Mumbai, India. An e-commerce platform is operated for office supplies, covering categories including stationery, cleaning products, pantry items, gifting options, furniture, ink and toners, and electronics. Distribution is handled via 10 centers that reach 90 of Indian pin codes, as recorded in January 2017. The focus remains on serving business needs across the country.
WorkStore's top competitors include Make My Chairs, PinOPen and Dot Workplace Solutions.
WorkStore offers Facility Supplies, Corporate Gifting, Facility Automation, and Furniture.
WorkStore operates through Work Store Private Limited.
The legal entities of WorkStore currently have 4 directors, including Shailesh Vallabh Karwa, Sharad Ravi Dalmia, Anupama Sharad Dalmia and others.