WorkStore

Mumbai, India Founded: 2007 • Age: 19 yrs
Office supplies are sold through an online platform in India.
Annual revenue $13.9M Latest available
Total funding $16.7M 4 rounds
Employees 102 Tracked headcount
Investors 4 Known backers
Products 4 Services tracked
Competitors 9 Brand Intelligence

About WorkStore

WorkStore is a company based in Mumbai (India) founded in 2007. WorkStore has raised $16.67 million across 4 funding rounds from investors including Staples, FEL India and Sharad Dalmia. The company has 102 employees as of August 22, 2024. WorkStore offers products and services including Facility Supplies, Corporate Gifting, Facility Automation, and Furniture. WorkStore operates in a competitive market with competitors including Make My Chairs, Dot Workplace Solutions, PinOPen, KobZo and OfficeYes, among others.

  • Headquarter Mumbai, India
  • Employees 102 as on 22 Aug, 2024
  • Sectors
    Retail
  • Email
    Locked
  • Phone
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  • Website
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  • Social
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  • Legal Name Work Store Limited
  • Date of Incorporation 09 Jan, 2007
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Retail → E-Commerce Platforms & Marketplaces Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $13.9 M (USD)
    48.34
    as on Mar 31, 2023
  • Net Profit
    -$346.69 K (USD)
    8.34
    as on Mar 31, 2023
  • EBITDA
    -$391.6 K (USD)
    16.9
    as on Mar 31, 2023
  • Total Equity Funding
    $16.67 M (USD)

    in 4 rounds

  • Latest Funding Round
    $1.22 M (USD), Seed

    Apr 06, 2016

  • Investors
    Staples

    & 3 more

  • Employee Count
    102

    as on Aug 22, 2024

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Products & Services of WorkStore

WorkStore offers a comprehensive portfolio of products and services, including Facility Supplies, Corporate Gifting, Facility Automation, and Furniture.

Product name locked
Category locked
Primary

Products for office maintenance and daily needs

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Items designed for business gifting and events

Product name locked
Category locked
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Tools for automating office processes and lighting

Product name locked
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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.

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.

All
Institutional
Angel
Investor Description Founded Year Domain Location
Logistics and supply chain management services are provided by FEL.
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Office supplies and business products are distributed online to companies.
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Sharad Dalmia

Angel investor and entrepreneur, focused on tech startups in India.
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Investor details for WorkStore

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  • Investor domains
  • Investor locations
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Investments & Acquisitions by WorkStore

Investments
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Investment portfolio details for WorkStore

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  • Transaction dates
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Financial Statements - WorkStore

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Detailed financials for WorkStore

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  • Profit trends
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Workstore Comparisons

WorkStore Primary company
Description
Office supplies are sold through an online platform in India...
Location
Mumbai, India
Founded Year
2007
Annual Revenue
$13.9 M (USD)
Net Profit
-$346.69 K (USD)
EBITDA
-$391.6 K (USD)
Employees
102
As of 2024
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Peer comparison for WorkStore

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of WorkStore

WorkStore operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Make My Chairs, Dot Workplace Solutions, PinOPen, KobZo and OfficeYes, among others.

Company Name Domain Founded year HQ Location Description
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Serves as an e-distributor specializing in office furniture.
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Functions as an e-distributor of furniture for businesses and customers.
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Online Store for Office Supplies and Housekeeping products
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Provider of work space transformation services
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An online retail store providing a wide range of office supplies.
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Detailed competitors of WorkStore

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  • Domains and locations
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Latest news on Workstore

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Complete news archive for WorkStore

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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.

As of Aug 22, 2024, the latest employee count at WorkStore is 102.

Annual revenue of WorkStore is $13.9M as on Mar 31, 2023.

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, Innova Telecom and PinOPen.

WorkStore offers Facility Supplies, Corporate Gifting, Facility Automation, and Furniture.

WorkStore has 4 investors. Key investors include Staples, FEL India, Sharad Dalmia, and Shailesh Karwa.

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