Expressstores Info Retail Private Limited
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Expressstores Info Retail Private Limited - overview
Established
2019
Location
Gurgaon, Haryana, India
Primary Industry
Retail
About
Based in India, Expressstores Info Retail is a technology company that specializes in providing innovative operational solutions designed to enhance efficiency for businesses across various sectors. Founded in 2019 and headquartered in Gurgaon, India, Expressstores Info Retail Private Limited focuses on developing software solutions for the manufacturing and logistics industries. The company was established by Apoorv Jain, who has experience in the technology sector. The firm has successfully raised INR 269.
47 million in its most recent funding round on June 5, 2021, with a total amount raised of INR 269. 47 million, resulting in a current company valuation of INR 1397. 678 million. Expressstores Info Retail's core offerings include a suite of products aimed at improving operational efficiency.
Their flagship product addresses challenges within the manufacturing and logistics sectors, providing solutions for real-time data analytics and inventory management. Launched in 2021, these products have been adopted by a diverse range of mid to large-sized enterprises primarily in North America and Europe, helping operational managers and logistics coordinators optimize their processes. In the most recent year, 2023, Expressstores Info Retail reported revenues of INR 53093. 7 million, along with an EBITDA of INR -695116.
8 million. The company's revenue is derived from a structured model that includes annual subscription agreements and direct sales of software products, allowing for flexibility in pricing based on user volume and features required. The firm collaborates with distribution partners to expand its market reach and maintain long-term client relationships with ongoing support. Expressstores Info Retail is strategically positioned for future growth with plans to launch new products aimed at enhancing their existing offerings.
The firm targets expansion into new geographic regions, specifically looking at markets in Asia and Europe within the next two years. Recent funding of INR 269. 47 million will be utilized to support these initiatives, facilitating product development and market entry efforts.
Current Investors
General Catalyst India, Vistra ITCL, LVX
Primary Industry
Retail
Sub Industries
Courier & Delivery Services, Supermarkets & Grocery Stores
Website
www.expressstores.in
Verticals
E-commerce
Company Stage
Angel & Seed
Total Amount Raised
Subscriber access only
Expressstores Info Retail Private Limited - financials
| Fiscal Year Ended | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 |
|---|---|---|---|---|---|
| Revenue (USD) | 2,957,227 | 30,446,467 | - | - | - |
| % Revenue Growth (YoY) | - | 929.6% | - | - | - |
| EBITDA (USD) | (9,808,003) | (40,444,636) | - | - | - |
| Operating Income (USD) | (9,931,065) | (41,779,769) | - | - | - |
| Operating Margin | (335.8%) | (137.2%) | - | - | - |
| % EBITDA Margin | (331.7%) | (132.8%) | - | - | - |
| NET Income (USD) | (9,953,013) | (40,130,392) | - | - | - |
| % Net Margin | (336.6%) | (131.8%) | - | - | - |

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