Johari Shop

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Johari Shop - overview

Established

2015

Location

Bangalore, -, India

Primary Industry

Consumer Products

About

Johari Shop is a technology-driven company specializing in e-commerce solutions that facilitate seamless interactions between users and service providers, enhancing overall operational efficiency. Founded in 2015 in Bangalore, India, Johari Shop focuses on creating e-commerce platforms that connect businesses with consumers. The firm has undertaken one deal, raising USD 0. 090 mn in Angel funding on February 27, 2017.


The company's approach has remained consistent since its inception, with no noted pivots or changes in business strategy. The founder's background is not specified, nor are there mentions of other ventures. Johari Shop offers a comprehensive suite of technology solutions tailored to meet the diverse needs of its clientele. Their platform is designed to improve interactions between users and service providers, targeting challenges in sectors such as e-commerce, digital marketing, and web hosting.


The company serves small to medium-sized enterprises (SMEs) and large corporations across North America, Europe, and parts of Asia, establishing itself as an influential player in these markets. In 2023, Johari Shop reported a revenue of USD 0. 00 and an EBITDA of USD 0. 00.


Their revenue model combines subscription-based services with partnership arrangements, offering tiered plans suited to various customer needs, thereby enhancing their market reach through direct sales and strategic collaborations. Johari Shop plans to expand its product offerings and geographic footprint. The company is currently in the process of developing new solutions aimed at enhancing user engagement and operational capabilities, with potential launches expected in the near future. They are targeting expansion into additional markets in Asia by 2025.


The recent Angel funding round, amounting to USD 0. 090 mn, will be allocated to support these initiatives, ensuring the company can effectively scale its operations and market presence.


Primary Industry

Consumer Products

Sub Industries

Accessories

Website

www.joharishop.com

Verticals

E-commerce

Company Stage

Angel & Seed

Total Amount Raised

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Johari Shop - timeline of key events

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Johari Shop - financials

Fiscal Year EndedMar 31, 2016Mar 31, 2017Mar 31, 2018Mar 31, 2019Mar 31, 2020Mar 31, 2021Mar 31, 2022Mar 31, 2023
Revenue (USD)57,103946,4362,453,752-----
% Revenue Growth (YoY)-1557.4%159.3%(100.0%)----
EBITDA (USD)(1,062,253)(1,539,041)(1,190,091)(189,313)(30,178)---
Operating Income (USD)(1,072,253)(1,627,873)(1,513,491)(512,713)(30,178)---
Operating Margin(1877.8%)(172.0%)(61.7%)-----
% EBITDA Margin(1860.2%)(162.6%)(48.5%)-----
NET Income (USD)(808,695)(1,666,992)(921,105)(1,356,119)(66,257)---
% Net Margin(1416.2%)(176.1%)(37.5%)-----

Johari Shop - employee data

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