O(1) India Private
Latest round
- Series C
Last raised
- Jul 2020
Total raised
- $23M
Investors
- 4
About O(1) India Private
Founded in 2015 and headquartered in Mumbai, India, O(1) India Private Limited functions as an online platform aiding individuals to establish businesses by reselling products. The founders, Abhinav Jain, Aditya Gupta, and Kalpak Chhajed, have backgrounds in technology and entrepreneurship. In June 2021, the company was acquired by Glance InMobi Pte., although the financial terms of the deal remain undisclosed.Shop101 functions as a prominent online reselling platform, primarily catering to individuals seeking to initiate their own businesses without upfront investments. The mobile application enables users, predominantly women, moms, and students, to choose products from a curated catalog for resale through their personalized online stores. Users can adjust product prices by adding their desired margins, potentially earning up to INR 25,000 per month by marketing these products via social media. The platform manages payment and logistics, allowing resellers to focus on sales and marketing efforts.60. The revenue model relies on facilitating transactions between resellers and their customers, where the company collects a percentage from each sale made through its platform. Users showcase the products via the Shop101 app, while customer purchases are processed through various payment options, including online and cash on delivery. The company is focused on enhancing its mobile application with new features tailored to improve user engagement and increase sales conversion rates. Plans are also underway to broaden its reach beyond India, targeting Southeast Asian markets for expansion by the end of 2023.
Who invested in O(1) India Private
4 investors across 4 rounds
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Questions about O(1) India Private
Who invested in O(1) India Private?
O(1) India Private has 4 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has O(1) India Private raised?
O(1) India Private has raised 4 venture rounds. Sign up free to see how much each round raised and the total.
When did O(1) India Private last raise money?
O(1) India Private's most recent round on record is a Series C, in Jul 2020.
What does O(1) India Private do?
Founded in 2015 and headquartered in Mumbai, India, O(1) India Private Limited functions as an online platform aiding individuals to establish businesses by reselling products.
Where is O(1) India Private headquartered?
O(1) India Private is headquartered in Mumbai, India.
Which VCs invest in companies like O(1) India Private?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Hui Hua Fund, Yufu Capital and ICBC Capital Management back internet companies at O(1) India Private's stage. Their profiles are linked below.
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