Shop101 is an Indian social commerce app. The company is raising about $3.9 million (Rs 28.69 crore) in a Series C funding round. The reported investors in the round are existing backers including Stellaris Venture Partners, Unilever Ventures, Kalaari Capital, and Vy Capital. The article does not disclose the use of proceeds, valuation, or any operating metrics such as revenue or user counts. No additional financial details or future plans were provided in the article. Shop101 is a mobile storefront and social-commerce platform that helps small merchants and sellers create mobile storefronts and sell on WhatsApp, Facebook, Instagram and other social networks. It provides last-mile logistics through tie-ups with third-party logistics players and operates a supply platform for sellers. The company was founded in 2015 and is run by O(1) India Private Limited, based in Mumbai. According to company information, Shop101 serves more than 26,000 pin codes, has over 500,000 registered sellers, and has dispatched more than 1,000,000 orders with gross order value exceeding Rs 100 crore. The company reports more than 50% month-on-month growth over the last year and says over 70% of sales come from smaller towns and cities. It plans to use new capital to strengthen its team, scale its supplier network and enhance its technology platform.

Total raised

$15M

Funding rounds

2

Latest round

Series C

Latest activity

Mar 2020