Shopr

Shopr

Live-commerce platform for India. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
€6—9m (Dealroom.co estimates Oct 2022.)
Bengaluru Karnataka (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
USD20222023
Revenues1.5m1.5m
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DateInvestorsAmountRound

$500k

Seed

N/A

Seed
*

$1.7m

Seed
Total Funding€2.0m

Recent News about Shopr

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More about Shoprinfo icon
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ShoprTV is a cutting-edge live commerce platform that transforms the online shopping experience by integrating live streaming with e-commerce. This innovative approach allows sellers to host live shows where they can showcase their products in real-time, engage with potential buyers, and create an interactive shopping environment. The platform caters to a diverse range of clients, including individual sellers, small businesses, and larger brands looking to leverage the power of live video to boost their sales.

Operating in the rapidly growing live commerce market, ShoprTV stands out by offering a dynamic and engaging shopping experience. Sellers can host various types of events, such as live drops, virtual pop-ups, collection launches, and clearance sales. These live events are designed to replicate the in-store shopping experience, making it more authentic and enjoyable for buyers.

The business model of ShoprTV revolves around providing a platform for sellers to connect with their audience through live streaming. Sellers can apply to join the platform and, once approved, they can schedule and host live shows. During these shows, they can interact with viewers, answer questions, and showcase their products in a compelling way. This interactive format helps build trust and validated consumer experience, which are crucial for driving sales.

ShoprTV generates revenue by charging a commission on sales made through its platform. This commission-based model aligns the company's success with that of its sellers, creating a mutually beneficial relationship. Additionally, the platform may offer premium features or services for an additional fee, further enhancing the shopping and selling experience.

In summary, ShoprTV is revolutionizing e-commerce by combining the excitement of live streaming with the convenience of online shopping. It serves a wide range of clients, operates in the live commerce market, and makes money through sales commissions and potential premium services.

Keywords: live commerce, interactive shopping, real-time sales, e-commerce, live streaming, seller community, product showcase, audience engagement, virtual pop-ups, collection launches.