Store My Goods
Store My Goods (SMG) is a digital first valet storage solution for India and SE Asia. Operating on an asset-light model, SMG packs & picks, transports, stores, and returns goods to their B2C & B2B customers as per their requirements.
With global real estate posited for an upward trajectory, SMG offers a relief through their low-cost, secured, insured, and tech-enabled storage-solution.
Founders
Sudeep Gupta
Co – Founder & CEO
ESCP Business School, ISB-Hyd
Ex-OYO (Launched Europe & Canada)
Ex-Cars24 (Part of Core Leadership)
Swati Gupta
Co – Founder & CCO
Amity Univ
12+ Years Litigation Experience – High Court & Supreme Court
Ex-Canon
Lovedeep Gupta
Co – Founder & CMO
MDI Gurgaon
Ex-Mamaearth (Marketing Lead)
Ex-Perfertti; Cipla (Marketing)
Key Highlights
ARR (March '24)
INR 10 Cr
Occupancy Rates
74%
Gross Margin - Rentals
56%
LTV/CAC
17x
Contribution Margin 1
42%
Presence
7 Cities – 13 Warehouses
Key Investors
Deal Details
Current Deal Round
Pre Series A
Instrument
CCPS
Round Size
INR 6 Cr (INR 3 Cr committed)
Soonicorn Platform Fee
Admin Fee: 2% of investment amount
Carry: 10%
Valuation
INR 100 Cr Pre-Money
Minimum Ticket Size per Investor
INR 5,00,000
*AIF Condition : Consolidated commitment for AIF should be more than INR 50 Lacs to qualify as a valid entry to the cap table
Deal Runner
Prateek Pranjal
Documents
Pitch Call Recording
Deep Dive Call Recording
Media
Store My Goods Raises $1 Million In Funding
Store My Goods, a tech-based storage solution provider, has raised $1 million (around Rs 8.3 crore) in a seed funding round from JITO Angel network and GoodWater Capital.
Cars24’s co-founders Gajendra Jangid and Ruchit Agarwal, Pepperfry co-founders Ashish Shah and Ambareesh Murthy, and several other high-net-worth individuals from India and Europe; also participated in the funding round.
