Digital procurement platform providing a wide range of building materials across multiple categories.
2022
Gurugram (India)
Seed
Mistry.Store is India’s pioneering B2B platform digitizing the procurement of building materials for home interior professionals (architects, contractors, designers). The company addresses critical pain points in India’s fragmented $38B home interiors market—price opacity, counterfeit products, and supply-chain inefficiencies—by offering a centralized marketplace with 8+ categories, 120+ brands, and tech-driven fulfillment.
Building Materials Marketplace: Plywood/boards, hardware/tools, electricals/lights, paints/chemicals, sanitary/plumbing (8+ categories).
Smart Credit Program: Interest-free credit for 60 days to professionals.End-use control via partner NBFCs.
Tech Platform: Mobile app (iOS/Android) for order management, expense tracking, and project analytics. WhatsApp-based procurement for low-digital-literacy users.
Value-Added Services: Sampling area for product testing. Referral rewards ecosystem.
Product Sales (100%): Margins on B2B transactions (15–25% average).
Order Volume: 10,000+ orders; 80% repeat customers.
Geographic Revenue: 100% Delhi-NCR (until 2025 expansion).
B2B Focus: Architects (30%), interior designers (40%), contractors (30%).
SMB Dominance: 95% of professionals are small/medium businesses.
Strategic Investors: Omidyar Network India (seed lead), Waveform VC, Bharat Founders Fund.
Brand Alliances: Asian Paints, Havells, Kajaria, CenturyPly.
Financial Partners: NBFCs for Smart Credit Program underwriting.
Key Clients: 3,500+ professionals; top 100 contribute 40% revenue.
Geographic Expansion: Target Mumbai, Bangalore, Hyderabad by 2026.
Product Depth: Add modular kitchens, flooring solutions.
Credit Scale-Up: Target ₹50 crore credit disbursement by 2026.
Supply Chain Fragmentation: Localized logistics in new cities.
$2 Million
1
$2 Million, Seed
as of October 19, 2022
$7 Million
as of October 19, 2022
3.5
as of October 19, 2022
Omidyar Network India
and 2 more32
Yojak
N/A
Date | Round Name | Amount | Valuation | Revenue | Revenue Multiple | Investors |
---|---|---|---|---|---|---|
October 19, 2022 | Seed | $2 Million | $7Million | - | - | Omidyar Network India, Waveform Venture, Amplify Partners, Good Capital, Investopad, Omidyar Network |