# BoxMySpace

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/boxmyspace

- Industry: Packaging
- Headquarters: Mumbai, India
- Website: www.boxmyspace.com
- Total disclosed funding: $0.6M
- Latest round: Seed (Jul 11, 2017)
- Investors on record: 3

## About

BoxMySpace offers innovative on-demand warehousing solutions tailored for various industries in India, focusing on logistics efficiency and real-time inventory management.Founded in 2014 in Mumbai, India, BoxMySpace specializes in warehousing and logistics services. The company was founded by Pratyush Jalan, who leads as CEO. Since its inception, BoxMySpace has completed 3 deals, with its most recent funding round occurring on December 4, 2017, when it raised INR 4.60 million from FAO Ventures. The total amount raised stands at INR 4.60 million, leading to a current company valuation of INR 168.879 million.BoxMySpace specializes in on-demand warehousing solutions tailored for businesses and consumers across India. Its core offerings encompass a comprehensive range of logistics services, including transportation of goods from source to warehouse, inwarding, quality checks, storage, dispatch, reporting, and end-customer delivery. This integrated approach ensures efficient inventory management and real-time data visibility through an in-house Warehouse Management System (WMS) and process management tools. The company serves a diverse client base across multiple sectors, including FMCG, consumer goods, retail, B2B, and technology. BoxMySpace operates in major metropolitan areas such as Mumbai, Pune, Bangalore, Delhi-NCR, Kolkata, Chennai, and Hyderabad, and extends its services to clients in Tier-2 and Tier-3 cities, thus providing extensive logistical support throughout the country.In 2022, BoxMySpace generated revenue of INR 436,063.70, with an EBITDA of INR 4,416.60. The company's revenue model focuses on transactional logistics services, offering flexible warehousing solutions that cater to the specific needs of manufacturers, retailers, and e-commerce businesses. Pricing structures are based on factors such as the volume of space utilized and the duration of storage, along with additional services like kitting and packing.BoxMySpace aims to expand its operations by introducing new logistics solutions tailored to the evolving needs of its clients, with plans to launch these products by the end of 2024. The company is targeting expansion into emerging markets within India, specifically in Tier-2 cities, by late 2025. The recent funding of INR 4.60 million will be utilized to enhance technological capabilities, improve logistics efficiency, and support the rollout of new services, thereby optimizing logistics costs and increasing order fulfillment capabilities.

## Funding rounds

- Seed, Jul 11, 2017, $0.3M — Singapore Angel Network, Dreamweaver Investments and Business Solutions, AVN Business Solutions Pvt. Ltd.
- Seed, Jul 14, 2015, $0.3M — Singapore Angel Network

## Investors

- Singapore Angel Network (https://capitalatlas.ai/funds/singapore-angel-network) — Seed
- Dreamweaver Investments and Business Solutions — Seed
- AVN Business Solutions Pvt. Ltd. — Seed