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Mumbai reselling platform that lets people, mainly women and students, run online shops without upfront investment.
Founded in 2015 and headquartered in Mumbai, India, O(1) India Private Limited runs Shop101, a mobile app where people, mainly women, moms and students, resell products from a curated catalog through their own online stores. The founders are Abhinav Jain, Aditya Gupta and Kalpak Chhajed. The company raised INR 174.180 mn in Series C funding from investors including Kalaari Capital and Unilever Ventures. In June 2021, Glance InMobi Pte. Ltd. acquired the company, with terms undisclosed. For fiscal 2023, Shop101 reported revenue of INR 23,055,043.30 and EBITDA of INR -451,097.60.
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