Shark Tank India-featured Store My Goods raises Rs 4 crore for business expansion

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Overview of Store My Goods

• Startup Name: Store My Goods
• Founded: December 2021
• Founders: Sudeep Gupta and Swati Gupta

Funding Details

• Amount Raised: ₹4 crore (approximately $474,000)
• Funding Series: Growth funding round
• Investors:
  • JITO Incubation and Innovation Foundation (JIIF)
  • Family offices
• Total Funding Target for Round: $1 million
• Date of Funding: Not explicitly provided (latest funding round)

Purpose of Funding

• Expand presence into new geographies
• Enhance technology infrastructure
• Strengthen leadership team

Market Presence

• Current Locations: Delhi NCR, Mumbai, Bangalore, Hyderabad, Pune
• Customer Base: Over 5,000 customers with 50,000 months of storage subscriptions sold

Notable Quotes

• Sudeep Gupta (Co-Founder & CEO): "This round isn’t just about capital—it’s about acceleration."
• Jeenendra Bhandari (Chairman, JIIF): Commented on the potential of the startup to address storage challenges in urban India.

This breakdown reflects the essential details regarding the startup, funding, and its goals.

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2025-05-05 09:38:33