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.

Shop101 is an acquired company based in Mumbai (India), founded in 2015 by Abhinav Jain, Aditya Gupta, Kalpak Chhajed and Kalpak Chhajed. It operates as an Online reselling platform for multi-category products. Shop101 has raised $22M in funding from investors like Kalaari Capital, Unilever Ventures and Stellaris Venture Partners, with last known valuation of $*****. The company has 1320 active competitors, including 21 funded and 12 that have exited. Its top competitors include companies like Flipkart, Amazon and Meesho.

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	7907394	Series C	8635917	9691317	4113378	9688097
Nov 20, 2018	3226483	Series B	9106590	3515846	1741709	Groundupp Ventures & 4 more
Jun 26, 2018	9032769	Series A	5960245	1603565	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	5464	2131	8623	4455	7568
Total Sales	9016	1428	6734	9883	5278
Total Expenses	6380	6356	7231	2692	4275
Operating Expenses	9532	1445	6647	9894	8225
Employee Expenses	3917	5995	6937	1403	5036
Marketing Expenses	9826	6683	6973	5313	3680
Operating Income (EBIT)	6903	3383	4083	8068	2941
Interest Expenses	3379	5283	6488	4436	5343
Expenses from other activities	8539	7140	1614	7896	3466
Information Technology Expenses	9070	9967	5719	5257	1719
EBITDA	8138	4576	2927	2662	7085
Taxes	2441	7229	2411	6665	6531
Net Profit	3360	8032	2408	6921	5553
Balance Sheet
Assets	2608	7829	6589	1689	7077
Cash Equivalent	8857	7558	3008	7953	9414
Accounts Receivables	2883	7529	9026	7717	1481
Inventory	4433	7603	8552	9213	7865
Liabilities	8878	3646	6483	5351	6065
Total Debt	8594	8492	4161	7296	9756
Accounts Payable	8264	9451	2287	2233	3044
Equities	3429	4845	1553	6650	3979
Cashflow Statement
Cash from Operating activities	3079	4127	3849	8344	7889
Cash from Investing activities	3472	9469	4136	1232	5321
Net cash from Financing activities	7942	8517	1594	2505	2723

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	6086472	5234579	5970280	2313761
Stellaris Venture Partners	3920303	6034357	2232723	1541092	8497701	6791453
Unilever Ventures	6388865	2215627	9356659	3752621	3260862	4240547
Kalaari Capital	4042675	1125979	8541224	1611556	6926717	6276110
Parent Entity	48.63%	239Cr	5646836	6498402	9987530	3722041
Angel	0.14%	68.8L	0	0	0	0
Raghunandan Gangappa	0	0	0	0	0	0
ESOP Pool	11.46%	56.3Cr	9298418	1655503	8081576	9812855
Total	100.00%	491Cr	3593438	6120492	6322624	5219005