# Corner Store Technologies Pvt.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/corner-store-technologies-pvt

- Industry: Healthcare IT
- Headquarters: Noida, India
- Website: www.lifcare.in
- Total disclosed funding: $16M
- Latest round: Series B (Jul 5, 2018)
- Investors on record: 4

## About

Corner Store Technologies Pvt. Ltd. is an innovative technology firm specializing in providing robust digital solutions to enhance client engagement and streamline operations across various sectors.Founded in 2015 in Noida, India, Corner Store Technologies Pvt. Ltd. focuses on developing technology-driven solutions for businesses. The firm has successfully raised a total of INR 703.76 million in its Series B funding round on July 5, 2018, led by Nexus Venture Partners, with participation from IL&FS Investment Managers and SAIF Partners. The company is valued at INR 3.75 billion post-money. The co-founders, Krishna Killa and Rohit Mohta, have contributed their expertise to drive the company's mission forward.Corner Store Technologies Pvt. Ltd. offers a range of technology solutions aimed at improving business operations and customer interactions. Their core products focus on digital engagement platforms and operational efficiency tools, designed to meet the diverse needs of clients from various industries. Serving a global clientele, the company tailors its services to cater to both small enterprises and large corporations, facilitating effective digital transformation.In the fiscal year 2023, Corner Store Technologies Pvt. Ltd. generated a revenue of INR 2,484.1 million. However, the company reported an EBITDA of -INR 95,773 million, indicating operational challenges that need to be addressed as they move forward.Corner Store Technologies Pvt. Ltd. aims to leverage its recent Series B funding to expand its product offerings and enhance its market presence. The firm is currently developing new digital solutions set to be launched by the end of 2024, targeting specific sectors such as retail and healthcare for their expansion. The recent funding will support these initiatives, allowing the company to invest in product development and market entry strategies, thereby enhancing its competitive positioning in the technology landscape.

## Funding rounds

- Series B, Jul 5, 2018, $10M — IL&FS Investment Managers, SAIF Partners, Nexus Venture Partners
- Series A, Nov 1, 2016, $5M — SAIF Partners, Nexus Venture Partners
- Seed, Mar 10, 2016, $0.9M — RedCliffe Capital

## Investors

- RedCliffe Capital (https://capitalatlas.ai/funds/redcliffe-capital) — Seed
- SAIF Partners (https://capitalatlas.ai/funds/saif-partners) — Series A, Series B
- Nexus Venture Partners (https://capitalatlas.ai/funds/nexus-venture-partners) — Series A, Series B
- IL&FS Investment Managers (https://capitalatlas.ai/funds/il-fs-investment-managers) — Series B