March 2023, India: Store My Goods, a start-up that provides technologically backed storage solutions and appeared on Shark Tank, has secured $1 million in funding from JITO Angel Network, promoted by JITO Incubation and Innovation Foundation, as well as a group of investors such as Good Water Capital – US Consumer Tech Fund, Gajendra Jangid and Ruchit Agarwal – co-founders of Cars24, Ashish Shah and Ambareesh Murthy – founders of Pepper Fry, Balvinder Sahrawat – AVP Development, South Asia – Accor, and other high net worth individuals from India and Europe.
Store My Goods is a one-stop solution for all storage-related needs, founded by Sudeep Gupta, Swati Gupta, and Lovedeep Gupta. The platform provides a hassle-free experience that allows customers to pack, pick, store, and return goods at their convenience with just a click of a button.
The company’s innovative and customer-centric platform has attracted the attention of top investors, positioning Store My Goods for continued success in the industry. With a user-friendly interface, customers can quickly and easily manage their storage needs without any hassle. The company’s leadership team is dedicated to disrupting the storage industry and providing a superior storage experience for its clients.
Currently, Store My Goods serves over 50 cities, including Delhi NCR, Mumbai, Bangalore, Hyderabad, Chennai, and Pune. With the new funds, the company plans to expand its tech ecosystem and venture into new markets.
Sudeep Gupta, Founder of Store My Goods, said, “We founded Store My Goods with a clear mission: to offer clients a superior storage experience, one that prioritizes flexibility and choice. We believe that customers deserve to have options when it comes to storing their belongings, and that’s exactly what we provide through our innovative and customer-centric approach to storage solutions.”
Commenting on the investment, Rajat Mehta, Chairman, JITO Incubation and Innovation Foundation, said, “We are thrilled to be a part of this funding round and are excited to see Store My Goods grow and expand its reach. The cutting-edge technology and customer-centric approach to storage solutions make them a prime example of the kind of companies we like to invest in.”
Reportlinker.com predicts that the worldwide freight and logistics market will experience a 4.4% CAGR, reaching $18.69 billion by 2026 from $14.56 billion in 2021.
Store My Goods’ hassle-free storage management platform offers a user-friendly interface to its customers.