Express Stores - About the company
Express Stores is a seed company based in Gurugram (India), founded in 2019 by Kartik Gupta. It operates as an Online platform offering multi-category groceries. Express Stores has raised $4.8M in funding from Venture Highway and Angel List, with a current valuation of ₹*****. The company has 1126 active competitors, including 53 funded and 14 that have exited. Its top competitors include companies like Swiggy, Blinkit and Bigbasket.
Company Details
Online platform offering multi-category groceries. Their product catalog includes beverages, snacks, spices, daily needs, cleaning essentials, home essentials, meat and seafood, personal care, etc. Some of the brands associated with the company are Limca, Amul, Rajdhani, Cadbury, Oreo, etc. The company claims to offer free shipping on all orders.
- Website
- expressstores.in
- Registered Address
- PLOT NO.-90B, SECTOR-18, Gurgaon, GURGAON, Haryana, India, 122001
Key Metrics
Founded Year
2019
Location
Gurugram, India
Stage
Seed
Total Funding
$4.8M in 3 rounds
Latest Funding Round
Post Money Valuation
₹***** as on Jan 06, 2022
Investors
Ranked
58th among 1126 active competitors
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2024
Employee Count
76 as on Aug 31, 2026
Legal entities associated with Express Stores
Express Stores is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
EXPRESSSTORES INFO RETAIL PRIVATE LIMITED CIN: U93090HR2019PTC082103 , India, Active | Aug 20, 2019 | 0 - ₹10 Cr (As on Mar 31, 2024) | 1 (As on Mar 31, 2023) |
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Express Stores's funding and investors
Express Stores has raised a total funding of $4.8M over 3 rounds. Its first funding round was on Nov 04, 2019. Its latest funding round was a Seed round on Feb 17, 2021 for $*****. 11 investors participated in its latest round. Express Stores has 11 institutional investors and 17 angel investors.
Here is the list of recent funding rounds of Express Stores:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 17, 2021 | 4827603 | Seed | 5880871 | 2055010 | 7623049 | 7391869 |
Jan 02, 2020 | 1753284 | Seed | 2955399 | 1700593 | 1535872 | |
Nov 04, 2019 | 8335266 | Seed | 8770056 | 3018030 |
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Express Stores' founders and board of directors
Founder? Claim ProfileThe founders of Express Stores is Kartik Gupta.
Here are the details of Express Stores' key team members:
- Kartik Gupta: Former Co-Founder of Express Stores and founder of 1 other company. They serve on the board of 1 company.Contact Info: 1 email address
Express Stores' Board of Directors
Express Stores's board has 2 active members. Apoorv Jain and Kartik Gupta are part of team.Here is the list of Express Stores' board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 6y 11m | |
Team | - | Current | 6y 11m |
View details of Express Stores's Founder profiles and Board Members
Express Stores' employee count trend
Express Stores has 76 employees as of Aug 26. Here is Express Stores's employee count trend over the years:
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Express Stores's Competitors and alternates
Top competitors of Express Stores include Swiggy, Blinkit and Bigbasket. Here is the list of Top 10 competitors of Express Stores, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Operator of digital platforms facilitating food and grocery delivery services | $3.62B | 89/100 | ||
2nd | Online retailer of groceries, personal care, and household essential products | $757M | 87/100 | ||
3rd | Online retailer of grocery, household, beauty, and personal care products | $943M | 80/100 | ||
4th | Retailer of groceries fresh produce household items and personal care | $2.34B | 78/100 | ||
5th | Online social deal-sharing platform for multi-category products | $387M | 75/100 | ||
6th | Online platform offering grocery products through a digital storefront | $44.2M | 72/100 | ||
7th | Retailer of groceries excluding products containing specific harmful chemical additives | $86M | 70/100 | ||
8th | Online retailer of fresh fruits, vegetables, exotics, cuts, and mixes | $31.9M | 69/100 | ||
9th | Online retailer of grocery, snacks, beverages, and household essential items | - | - | 69/100 | |
10th | Platform offering e-commerce platform connecting consumers with local retailers | $25.7M | 69/100 | ||
58th |  Express Stores 2019, Gurugram (India), Seed | Online platform offering multi-category groceries | $4.8M | 39/100 |
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Express Stores's Latest cap tables and shareholding
Founders (largest shareholder) own 51.96%, Funds own 32.57%, Enterprises own 3.80% and Angels own 2.33%. The net worth of Express Stores's founders is INR 68.1Cr as of Jan 06, 2022.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 51.96% | 68.1Cr | 9485715 | 5505626 | 6422606 | 7576852 |
2942540 | 2980297 | 8946787 | 8095902 | 5619467 | 6494914 | |
Fund | 32.57% | 42.7Cr | 8908948 | 3433648 | 6400955 | 4576872 |
1120351 | 1141641 | 2965427 | 7618110 | 9038121 | 5174167 | |
0 | 0 | 0 | 0 | 0 | 0 | |
Enterprise | 3.80% | 4.98Cr | 867 | 146 | 773 | 143 |
Angel | 2.33% | 3.03Cr | 96 | 37 | 12 | 68 |
0 | 0 | 0 | 0 | 0 | 0 | |
0 | 0 | 0 | 0 | 0 | 0 | |
ESOP Pool | 9.35% | 12.3Cr | 1172917 | 1971694 | 2616857 | 3280759 |
Total | 100.00% | 131Cr | 6452257 | 4313665 | 5565983 | 6237104 |
To unlock detailed Cap Table of Express Stores Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of Express Stores's Shareholding
Express Stores's Investments and acquisitions
Express Stores has made no investments or acquisitions yet.
Reports related to Express Stores
Here is the latest report on Express Stores's sector:
News related to Express Stores
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•
Express Stores raises Rs 8 crore seed fund led by Venture Highway and othersCyberMedia India Online•Feb 17, 2021•Express Stores, Venture Highway
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