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Rasoishop Ventures Private Limited is India's First Multi Brand Omni Channel Kitchenware Retailing Platform- Selling through www.rasoishop.com and a chain of 25 RasoiShop Stores: 5000+ curated kitchenware products from 100+ leading kitchenware brands
Basic Information
RasoiShop - India's First Multi Brand Omni Channel Retailing Platform has been brought to you by the founders of Softel brand of kitchen appliances and other promoters having over 30 years of domain experience in consumer marketing and kitchen industry. RasoiShop is a one stop shop for branded kitchenware with 5000+ curated products from 100+ leading brands like Prestige, Havells, Bajaj, Maharaja, Milton etc. Unlike marketplaces, RasoiShop is an E-Tailer which controls the entire value chain right from procurement, curation, sales to after sales service. Their website - wwww.rasoishop.com offers live commerce support including product demos, whatsapp support to make an informed purchase decision. They have over 29 retail stores spread across India. They also have warehouses in Gujarat and Mumbai to cater to online fulfillment. They also cater to large corporate orders and bulk festive, trade as well as employee gifting with notable conglomerates being on their client list.
Legal Name
:
Rasoishop Ventures Private Limited
Headquarters
:
Gandhidham, Gujarat, India
Business Model
:
B2C,  B2B,  D2C  
Founding Date
:
1st Feb 2016
No. of Employees
:
61 to 100
Core Team
:
1.  
Sanjana Jain
Marketing Director
2.  
Anilkumar Jain
Mentor
3.  
Abhishek Jain
Founder
Timeline

1992

Product Launch

Mar | Product Launch

Launch of the SOFTEL Brand of Innovative Kitchen Appliances with the Domestic Ice Cream Maker using which you could prepare Ice Cream at Home in 30 mins! Brand Launched by Anilkumar Jain - BE MSU, PGDM IIM Banglore Class of 1984

1998

Product Launch

Nov | Product Launch

Expansion of the range of SOFTEL brand of Kitchen Appliances - Launched Soda Maker, Hand Blenders, Mixer Grinders - FudPro

2000

Raised Funding

Nov | Raised Funding

26% equity acquired by TTK Prestige Ltd - Softel starts as one of the first OEMs for TTK Prestige Limited's Mixer Grinders

2013

Product Launch

Oct | Product Launch

Launch of Honest Price Shop - Later renamed RasoiShop - as a multi-brand teleshopping platform

2015

Key Customer Milestone

Sep | Key Customer Milestone

Touched a Key Milestone of 1000 orders per day via Teleshopping Advertisements being run on leading National TV channels like Zee Khana Khazana and Food Food

See More

Target Market
B2B
Corporate Gifting, Trade Scheme Gifting for consumer products, Distributors for SOFTEL Brand, Mega/Micro Fulfillment Centers for E-Commerce Operations
Client Segment
:
E-Commerce,  Marketplace,  Consumer,  Retail,  Household Appliances,  Gifting  
Target Companies
:
Medium Enterprise,  Large Enterprise  
Target Geography
:
B2C
Homemakers, Cooks, Chefs - Across socio-economic classifications and across all segments - Each Indian home is a target customer for RasoiShop
User Age
:
18 to 25,  26 to 34,  35 to 45,  46 to 60,  More than 60  
User Income
:
Lower Income,  Lower-middle Income,  Upper-middle Income,  High Income  
Location
:
Funding

Total Funding

$1.2M

Detail Round Breakdown
Round 1

₹50M

Series Name
:
CONVERTIBLE-NOTE
Date
:
12th Dec 2017