When was Shop101 founded?

Shop101 was founded in 2015 and raised its 1st funding round 3 years after it was founded.

Where is Shop101 located?

Shop101 is headquartered in Mumbai, India. It is registered at 401, 4TH FLOOR PRUDENTIAL BUILDING CENTRAL AVENUE POWAI BUSINESS, Mumbai City, MUMBAI, Maharashtra, India, 400076.

Who is the current CEO of Shop101?

Abhinav Jain of Shop101. They are also angel investors in 11 startups, including Dash101.

Which legal entities is Shop101 associated with?

Shop101 is associated with O(1) INDIA PRIVATE LIMITED and 1 other.

How many employees does Shop101 have?

As of Jan 31, 2025, Shop101 has 136 employees, reflecting a 11% year-over-year decline in headcount.

Is Shop101 a funded company?

Shop101 is a funded company, having raised a total of $22M across 3 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Jun 26, 2018.

How much is Shop101 worth?

The last known valuation of Shop101 was $***** as of Jun 14, 2021.

When was the latest funding round of Shop101?

Shop101's latest funding was a $***** Series C round on Mar 13, 2020, with participation from 4 investors. Its primary sector is Social Commerce. In India, the Social Commerce sector has seen $17.5M in funding in 2026 to date.

What is the annual revenue of Shop101?

Annual revenue of Shop101 is between ₹100 Cr and ₹500 Cr as on Mar 31, 2025

Where does Shop101 rank among its competitors?

Shop101 ranks 8th amongst 1320 active competitors, of which 21 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Meesho, which secured $270M in Jan, 2025.

Who are the top competitors of Shop101?

Shop101's top competitors include Flipkart, Amazon and Meesho. Among them, Meesho secured the most recent funding round in January, 2025.

Shop101 - 2026 Company Profile, Team, Funding, Competitors & Financials

Q: Is Shop101 an acquired company?

Shop101 got acquired by Glance on Jun 14, 2021.

Company Details

Online reselling platform for multi-category products. It allows users to create their own e-shop on the platform and sell their products directly to the consumers. The app allows retailers to sell on WhatsApp, Facebook, and Instagram. Its solution enables retailers to create a store on the app, upload products, manage the product catalog, and unique link for the mobile stores. Its mobile app is available for Android and iOS platforms.

Website: www.shop101.com/
Social
Email ID: *****@shop101.com
Phone Number: +91 **********
Registered Address: 401, 4TH FLOOR PRUDENTIAL BUILDING CENTRAL AVENUE POWAI BUSINESS, Mumbai City, MUMBAI, Maharashtra, India, 400076

Key Metrics

Founded Year

2015

Location

Mumbai, India

Stage

Acquired

Total Funding

$22M in 3 rounds

Latest Funding Round

Series C, Mar 13, 2020, $*****

Last Known Valuation

$***** as on Jun 14, 2021

Investors

Kalaari Capital & 9 more

Ranked

8^th among 1320 active competitors

Annual Revenue

₹100 - ₹500 Cr as on Mar 31, 2025

Employee Count

136 as on Jan 31, 2025

Investment & Acquisitions

Bakbuck

Similar Companies

Markaz & 91 more

Exit Details

Acquired by Glance (Jun 14, 2021)

View Shop101's full profile

Shop101 is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
GLANCE INMOBI PTE. LTD. UEN: 201905309Z , Singapore, Active	Feb 19, 2019	$50M - $100M (As on Mar 31, 2024)	-
O(1) INDIA PRIVATE LIMITED CIN: U74120MH2015FTC265217 , India, Active	Jun 05, 2015	₹100 - ₹500 Cr (As on Mar 31, 2025)	136 (As on Jan 31, 2025)

Shop101 got acquired by Glance on Jun 14, 2021 at an acquisition amount of $*****.

Click here to take a look at Shop101's acquisition in detail

Shop101 has raised a total funding of $22M over 3 rounds. Its first funding round was on Jun 26, 2018. Its latest funding round was a Series C round on Mar 13, 2020 for $*****. 4 investors participated in its latest round. Shop101 has 7 institutional investors and 3 angel investors.

Here is the list of recent funding rounds of Shop101:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 13, 2020	8186677	Series C	1414359	9811588	2838938	3584710
Nov 20, 2018	3350170	Series B	6829826	6425534	4577080	Groundupp Ventures & 4 more
Jun 26, 2018	5192131	Series A	5699547	2062875	Stellaris Venture Partners	Raghunandan Gangappa & 4 more

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View details of Shop101's funding rounds and investors

The founders of Shop101 are Abhinav Jain, Aditya Gupta, Kalpak Chhajed and Kalpak Chhajed.

Here are the details of Shop101's key team members:

Abhinav Jain: Co-Founder & CEO of Shop101 and founder of 1 other company. They are also an angel investor in 11 startups and serve on the board of 1 company.
Aditya Gupta: Co-Founder of Shop101. They are also an angel investor in 1 startup.
Contact Info: 1 email address
Kalpak Chhajed: Co-Founder of Shop101 and founder of 1 other company. They are also an angel investor in 3 startups.
Kalpak Chhajed: Co-Founder of Shop101. They are also an angel investor in 4 startups.

View details of Shop101's Founder profiles and Board Members

Shop101's employee count trend

Shop101 has 136 employees as of Jan 25. The total employee count is 12.0% lower than what it was in Jan 24. Here is Shop101's employee count trend over the years:

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Top competitors of Shop101 include Flipkart, Amazon and Meesho. Here is the list of Top 10 competitors of Shop101, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Flipkart 2007, Bengaluru (India), Acquired	Online retailer of various products including electronics, fashion, and groceries	$12.1B	Tiger Global Management, Naspers & 121 others	89/100
2nd	Amazon 1994, Seattle (United States), Public	Online marketplace and cloud computing provider	$8M	Kleiner Perkins, Aurora Investment Management ... & 51 others	86/100
3rd	Meesho 2015, Bengaluru (India), Public	Online marketplace providing a platform for individuals and small businesses to sell products across various categories	$1.63B	Tiger Global Management, Peak XV Partners ... & 41 others	84/100
4th	eBay 1995, San Jose (United States), Public	Online retailer of electronics, cars, fashion, collectibles, sports, and more	-	Elliott Management, Starboard Value & 10 others	79/100
5th	Myntra 2007, Bengaluru (India), Acquired	Online retailer of fashion, lifestyle, beauty, personal care, and home products	$125M	Tiger Global Management, Chiratae Ventures ... & 25 others	75/100
6th	Snapdeal 2010, Gurugram (India), Series H	Online retailer of clothing, shoes, and home decor items	$1.77B	SoftBank Group, Nexus Venture Partners & 56 others	73/100
7th	Amazon 2013, Bengaluru (India), Unfunded	Online marketplace delivering a broad assortment of consumer goods, digital content, and cloud services to customers worldwide	-	-	68/100
8th	Shop101 2015, Mumbai (India), Acquired	Online reselling platform for multi-category products	$22M	Groundupp Ventures, Kalaari Capital & 8 others	62/100
9th	Wish Shopping 2009, San Francisco (United States), Acquired	Online marketplace platform offering multi-category consumer products	$929M	General Atlantic, JD.com & 73 others	62/100
10th	LuLu 2004, Kochi (India), Unfunded	Online retailer offering multi-category consumer products	-	-	59/100

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Looking for more details on Shop101's competitors? Click here to see the top ones

O(1) INDIA PRIVATE LIMITED, the legal entity associated with Shop101, generated between ₹100 Cr and ₹500 Cr in revenue for the financial year ending on Mar 31, 2025. The revenue of O(1) INDIA PRIVATE LIMITED has a compounded annual growth rate (CAGR) of 5% in the last 1 year.

Financial Statement Summary

Metrics	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22	FY 2020-21
Income Statement
Revenue	2528	1547	8789	7269	4330
Total Sales	1386	9723	2090	7223	3332
Total Expenses	2786	7500	4388	2334	3729
Operating Expenses	4095	8070	4730	1461	8668
Employee Expenses	2867	5380	3288	3422	5924
Marketing Expenses	9608	6710	5090	7307	2113
Operating Income (EBIT)	8943	5034	4167	5001	8359
Interest Expenses	3408	1904	6907	9500	6980
Expenses from other activities	3014	4987	2891	7661	4269
Information Technology Expenses	4064	2617	9741	1781	9888
EBITDA	4747	5059	5652	8834	6048
Taxes	8858	4553	4110	7250	9559
Net Profit	5975	5256	5190	7339	9492
Balance Sheet
Assets	7230	2479	6773	1494	8160
Cash Equivalent	9648	4227	2963	5441	2779
Accounts Receivables	8876	7287	1519	4498	8792
Inventory	8750	9280	1379	9414	2967
Liabilities	5582	5916	6614	1053	7952
Total Debt	8612	1632	6956	2474	2726
Accounts Payable	6974	3949	2051	5245	7697
Equities	3035	2440	8027	8039	8507
Cashflow Statement
Cash from Operating activities	9224	3587	6085	6859	3422
Cash from Investing activities	4755	6042	7934	9758	3506
Net cash from Financing activities	7333	6296	2304	5277	3629

Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)

Founders own 0.00%, Funds own 39.77%, Parent Entities (largest shareholder) own 48.63% and Angels own 0.14%. The cap table displayed below is for O(1) INDIA PRIVATE LIMITED which is the legal entity associated with Shop101.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	-	94.6K	0	0	0	0
Abhinav Jain	0	0	0	0	0	0
Aditya Gupta	0	0	0	0	0	0
Fund	39.77%	195Cr	2092846	6172123	7989958	2811794
Stellaris Venture Partners	1149828	2235660	1295910	9263182	9041092	5621562
Unilever Ventures	6196723	6871973	1498063	5937755	9921944	7095012
Kalaari Capital	9859762	2670076	4419511	3528437	8511376	5110967
Parent Entity	48.63%	239Cr	3892044	1980782	6421492	1677753
Angel	0.14%	68.8L	0	0	0	0
Raghunandan Gangappa	0	0	0	0	0	0
ESOP Pool	11.46%	56.3Cr	4821371	5551303	1694123	6691256
Total	100.00%	491Cr	2067132	6266780	6718575	2834198