Basic Information
Founded by Abhinav Jain and Aditya Gupta in 2015, the Shop101 platform makes it possible for small business owners to sell their products online through such platforms as Facebook, WhatsApp and Instagram. For individuals who want to start earning from home, Shop101 empowers them to start the business without investment. For this Shop101 provides them with everything from products to resell, easy payments for their customers, easy sharing on social media – all in a free mobile app. Earnings are credited weekly based on all the sales generated by resellers. For suppliers and manufacturers, they enable access to the marketplace with 100+ categories for which they can supply products; manage their shipping all over India, process orders, returns, cash on delivery collections, invoicing In March 2020, the startup raised $3.9 million in a Series C funding round. Its current investors Kalaari Capital, Vy Capital, Unilever Ventures and Stellaris Venture Partners led the fundraising.
Legal Name
:
O(1) India Private Limited
Headquarters
:
Mumbai, Maharashtra , India
Founding Date
:
2015
No. of Employees
:
251 to 500
Core Team
:
1.
Abhinay Jain
Founder & Director
2.
Aditya Gupta
Co-Founder
3.
Kalpak Chhajed
Co-Founder
Funding
Total Funding
$20.3M
Investors
:
1.
Raghunandan G
2.
Ramakant sharma
3.
Kalaari Capital
4.
Vy Capital
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