Shop101 Acquired
Shop101 was a Mumbai-based social commerce platform, founded in 2015 by Abhinav Jain, Aditya Gupta and Kalpak Chhajed, that let micro-entrepreneurs and resellers sell products via WhatsApp, Facebook and Instagram with no upfront investment, providing end-to-end order processing, inventory management, pan-India logistics and payment support backed by a network of suppliers. It was acquired by InMobi's Glance in June 2021…
Shop101: Funding Rounds
| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 10 Jul 2020 | Series C | $2.29 Mn | Kalaari Capital Stellaris Venture Partners Unilever Ventures Vy Capital | source |
| 13 Mar 2020 | Series C | $3.9 Mn | Kalaari Capital Stellaris Venture Partners Unilever Ventures Vy Capital | source |
| 20 Dec 2018 | Series B | $11.3 Mn | Kalaari Capital Unilever Ventures Ramakant Sharma Stellaris Venture Partners Vy Capital | source |
| 11 Jul 2018 | Series A | $5 Mn | Stellaris Venture Partners Raghunandan G Ramakant Sharma Vy Capital | source |
Acquisitions
News on Shop101
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Who founded Shop101?
Shop101 was founded by Abhinav Jain, Aditya Gupta, Kalpak Chhajed in 2015.
How much funding has Shop101 raised?
Shop101 has raised $22.49 Mn across 4 tracked funding round(s), most recently on 2020-07-10. Figures are compiled from cited public sources.
Who are the investors in Shop101?
Investors in Shop101 include Kalaari Capital, Stellaris Venture Partners, Unilever Ventures, Vy Capital, Ramakant Sharma.
What does Shop101 do?
Shop101 was a Mumbai-based social commerce platform, founded in 2015 by Abhinav Jain, Aditya Gupta and Kalpak Chhajed, that let micro-entrepreneurs and resellers sell products via WhatsApp, Facebook and Instagram with no upfront investment, providing end-to-end order processing, inventory management, pan-India logistics and payment support…
Where is Shop101 headquartered?
Shop101 is headquartered in Mumbai, India.
What is Shop101's business model?
Shop101's core value proposition centers on Zero-investment social selling, End-to-end fulfillment for resellers.
How does Shop101 make money?
Shop101's cited revenue streams include Logistics & payments service fees.