# ShopDeck

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

- Industry: Internet
- Headquarters: Bengaluru, India
- Website: www.shopdeck.com
- Total disclosed funding: $18M
- Latest round: Series B (Aug 7, 2024)
- Investors on record: 5

## About

ShopDeck is an India-based technology firm that provides extensive solutions for businesses aiming to enhance their Direct-to-Consumer presence through an integrated platform for online sales operations.ShopDeck, founded in 2018 and headquartered in Bengaluru, India, focuses on empowering businesses with tools for e-commerce. The company has successfully completed 3 deals, with the latest funding round being a Series B that raised INR 652 mn on August 7, 2024, led by Bessemer Venture Partners and supported by other investors including Chiratae Ventures and Elevation Capital. The current company valuation stands at INR 4260 mn.ShopDeck offers an all-in-one platform designed for businesses looking to optimize their Direct-to-Consumer (D2C) operations. Their services include website hosting, marketing, payment processing, and logistics support, catering primarily to small and medium enterprises across various sectors like fashion and home decor. With over 500 sellers, many from tier-2 and tier-3 cities in India, ShopDeck aims to enhance their clients' digital presence and profitability.In the most recent fiscal year 2023, ShopDeck reported revenues of INR 2,428,169.4 and an EBITDA of INR -1,123,083.9. The company operates with a performance-based model, charging a 3% commission on delivered orders, which aligns their revenue generation directly with client sales success.Following the recent Series B funding round on August 7, 2024, in which INR 652 mn was raised for growth initiatives, ShopDeck plans to expand its product offerings and market presence. The company aims to launch new tools designed for enhanced marketing and operational efficiency, targeting expansion into additional regions beyond India. The funding will be allocated to support these growth initiatives, including marketing efforts and general corporate activities.

## Funding rounds

- Series B, Aug 7, 2024, $7.8M — Bessemer Venture Partners, Chiratae Ventures, Elevation Capital, VH Capital
- Series B, Dec 17, 2019, $9M — SAIF Partners, Chiratae Ventures, VH Capital
- Series A, Feb 13, 2019, $1.7M — SAIF Partners, VH Capital

## Investors

- SAIF Partners (https://capitalatlas.ai/funds/saif-partners) — Series A, Series B
- VH Capital — Series A, Series B
- Chiratae Ventures (https://capitalatlas.ai/funds/chiratae-ventures) — Series B
- Bessemer Venture Partners (https://capitalatlas.ai/funds/bessemer-venture-partners) — Series B
- Elevation Capital — Series B