Mistry.Store

Mistry.Store

Digital procurement platform providing a wide range of building materials across multiple categories.

Founded

2022

Headquarters

Gurugram (India)

Status

Seed

Company Details

Website

Socials

Email

Phone

+91 8070880707

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. 

Core Products and Services

  • 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.

Business Model & Revenue Streams

  • 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).

Customer Segmentation

  • B2B Focus: Architects (30%), interior designers (40%), contractors (30%).

  • SMB Dominance: 95% of professionals are small/medium businesses.

Top Clients & Partnerships

  • Strategic InvestorsOmidyar 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.

Future Outlook & Strategic Priorities

  • 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.

Key People

Bhanu Mahajan

Vaibhav Poddar

Key Metrics

Total Equity Funding

$2 Million

No. of Funding Rounds

1

Latest Funding Round

$2 Million, Seed

as of October 19, 2022

Post Money Valuation

$7 Million

as of October 19, 2022

Funding Multiple

3.5

as of October 19, 2022

Investors

Omidyar Network India

and 2 more

Employee Count

32

Similar Companies

Yojak

Exit Details

N/A

All Funding Rounds

DateRound NameAmountValuationRevenueRevenue Multiple
Investors
October 19, 2022Seed$2 Million$7Million-- Omidyar Network India, Waveform Venture, Amplify Partners, Good Capital, Investopad, Omidyar Network

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