LiteStore - About the company
LiteStore is a series A company based in Bengaluru (India), founded in 2021 by Tarun Sundaram, Puneet Dinesh and Pranav Agrawal. It operates as a Platform that enables brands to source, design, and operate retail stores. LiteStore has raised $11.2M in funding from investors like Accel, Angel List and Brigade REAP, with a current valuation of ₹*****. The company has 21 active competitors, including 11 funded and 2 that have exited. Its top competitors include companies like New Stand, SHOWFIELDS and b8ta.
Company Details
Platform that enables brands to source, design, and operate retail stores. It is a flexi-retail platform that enables brands to easily source, design, execute, and operate retail stores. The company provides an offline enabler ecosystem for brands to create premium physical stores for a short-term or long-term period. The platform allows brands to bring their brand to life in a retail space, combining online and offline channels to enhance customer experience.
- Website
- www.litestore.in/
- Email ID
- *****@litestore.in
- Registered Address
- G-2, 1st Floor, Eden Crest, 460, Krishna Temple Road, Indiranagar 1st Stage, Bangalore, Indiranagar (Bangalore), Bangalore, Bangalore North, Karnataka, India, 560038
Key Metrics
Founded Year
2021
Location
Bengaluru, India
Stage
Series A
Total Funding
$11.2M in 3 rounds
Latest Funding Round
Post Money Valuation
₹***** as on Mar 16, 2026
Ranked
1st among 21 active competitors
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
42 as on Aug 31, 2025
Legal entities associated with LiteStore
LiteStore is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
POPSPACE TECHNOLOGIES PRIVATE LIMITED CIN: U72900KA2021PTC149415 , India, Active | Jul 13, 2021 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | 41 (As on Mar 01, 2026) |
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LiteStore's funding and investors
LiteStore has raised a total funding of $11.2M over 3 rounds. Its first funding round was on Mar 31, 2023. Its latest funding round was a Series A round on Dec 13, 2025 for $*****. 6 investors participated in its latest round. LiteStore has 7 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of LiteStore:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 13, 2025 | 4343611 | Series A | 1470547 | 8985657 | 6833278 | 8497361 |
Mar 29, 2024 | 4016787 | Series A | 6181846 | 5385989 | 1091927 | |
Mar 31, 2023 | 5387182 | Seed | 9598539 | 9899904 |
Access funding benchmarks and valuations. Sign up today!View details of LiteStore's funding rounds and investors
LiteStore's founders and board of directors
Founder? Claim ProfileThe founders of LiteStore are Tarun Sundaram, Puneet Dinesh and Pranav Agrawal. Tarun Sundaram is the CEO of LiteStore.
Here are the details of LiteStore's key team members:
- Tarun Sundaram: Co-Founder of LiteStore. They serve on the board of 1 company.Contact Info: 1 email address
- Puneet Dinesh: Co-Founder of LiteStore. They serve on the board of 1 company.Contact Info: 1 email address
- Pranav Agrawal: Former Co-Founder of LiteStore. They serve on the board of 1 company.
LiteStore's Board of Directors
LiteStore's board has 2 active members. Tarun Sundaram and Puneet Dinesh are part of team.Here is the list of LiteStore's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 4y 11m | |
Team | - | Current | 4y 8m | |
qqoxnr{ | Team | - | Past | 8y 6m |
View details of LiteStore's Founder profiles and Board Members
LiteStore's employee count trend
LiteStore has 42 employees as of Aug 25. The total employee count is 50.0% more than what it was in Aug 24. Here is LiteStore's employee count trend over the years:
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LiteStore's Competitors and alternates
Top competitors of LiteStore include New Stand, SHOWFIELDS and b8ta. Here is the list of Top 10 competitors of LiteStore, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Platform that enables brands to source, design, and operate retail stores | $11.2M | 61/100 | ||
2nd |  New Stand 2014, New York City (United States), Series B | Providing physical spaces to brands | $56M | 58/100 | |
3rd |  SHOWFIELDS 2017, New York City (United States), Seed | Sells online branded products through offline | $9M | 51/100 | |
4th | b8ta 2015, San Francisco (United States), Deadpooled | Provider of retail-as-a-service solution for businesses | $93.1M | 46/100 | |
5th | Neighborhood Goods 2017, Dallas (United States), Series A | Platform offering retail stores as a service for businesses | $31.3M | 44/100 | |
6th | Provider of accounting software service for SMEs | $107K | 41/100 | ||
7th | Chains providing apparel, footwear, skincare, beauty, wellness, and luggage | $60K | 39/100 | ||
8th | Fourpost 2018, New York City (United States), Seed | Platform offering retail service for brands | $5M | 39/100 | |
9th | Mystery Shopping as a service | - | - | 33/100 | |
10th |  Connected Stores 2012, London (United Kingdom), Seed | Developer of connected stores for retail brands | $2.79M | 33/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on LiteStore's competitors? Click here to see the top ones
LiteStore's Latest cap tables and shareholding
Founders own 23.70%, Funds (largest shareholder) own 57.39%, Enterprises own 0.05% and Angels own 0.52%. The net worth of LiteStore's founders is INR 50.2Cr as of Mar 16, 2026.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 23.70% | 50.2Cr | 6017578 | 5954747 | 7635486 | 6883238 |
3225276 | 7918970 | 8809809 | 7507830 | 1561086 | 7854038 | |
2649103 | 9608172 | 3094888 | 6541487 | 9843281 | 6635090 | |
Fund | 57.39% | 122Cr | 5422450 | 4480163 | 5332358 | 7254642 |
6449907 | 5297211 | 4653473 | 3935610 | 6808271 | 1350277 | |
8418490 | 3386813 | 9817640 | 9381292 | 5221510 | 1807221 | |
7 | 3 | 8 | 5 | 8 | 6 | |
0 | 0 | 0 | 0 | 0 | 0 | |
Enterprise | 0.05% | 9.99L | 0 | 0 | 0 | 0 |
Angel | 0.52% | 1.1Cr | 0 | 0 | 0 | 0 |
0 | 0 | 0 | 0 | 0 | 0 | |
Other People | 14.20% | 30.1Cr | 6571683 | 7483543 | 7202452 | 6096170 |
ESOP Pool | 4.15% | 8.79Cr | 9754 | 9165 | 3108 | 2002 |
Total | 100.00% | 212Cr | 2649087 | 1857009 | 7585940 | 5953912 |
To unlock detailed Cap Table of LiteStore 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 LiteStore's Shareholding
LiteStore's Investments and acquisitions
LiteStore has made no investments or acquisitions yet.
Reports related to LiteStore
Here is the latest report on LiteStore's geography:
News related to LiteStore
Media has covered LiteStore for 1 event in last 1 year, It was about partnerships.
•
Uni Seoul, LiteStore plan 25 stores in one year, 500 across India in 5 yrsLiteStore•Sep 13, 2025•LiteStore, Uni Seoul
•
Aditya Birla's Tmrw announces strategic partnership with LiteStore to expand offline operationsFashion Network•May 26, 2025•TMRW, LiteStore
•
Bewakoof unveils its new flagship store in Bengaluru, increasing physical presenceApparelResources•Nov 11, 2024•Bewakoof, LiteStore
•
LiteStore launches BEWAKOOF flagship store at Forum South Mall, Bengaluruinfashionbusiness.com•Jul 08, 2024•LiteStore
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