Store My Goods to Cross $1 Million with Fresh Rs 40 Million JIIF Round
WAREHOUSING & LOGISTICS

Store My Goods to Cross $1 Million with Fresh Rs 40 Million JIIF Round

Store My Goods, a tech-enabled storage solutions startup, has raised Rs 40 million in a growth funding round led by JITO Incubation and Innovation Foundation (JIIF) and family offices. The latest infusion is part of the company’s ongoing efforts to close a $1 million round, with participation from prominent family offices. The capital will be used to fuel expansion across new geographies, enhance technology infrastructure, and strengthen its leadership team.

Founded in December 2021 by Sudeep Gupta and Swati Gupta, Store My Goods offers on-demand, tech-enabled storage and warehousing services to both individuals and businesses. The company currently operates in five major Indian metros—Delhi NCR, Mumbai, Bangalore, Hyderabad, and Pune—and has successfully sold over 50,000 months of storage subscription for more than 5,000 customers.

“Store My Goods is addressing a rapidly emerging need in urban India with a tech-driven and scalable approach,” said Jeenendra Bhandari, Chairman, JITO Incubation and Innovation Foundation (JIIF). “We see strong potential in their business model and believe the founding team is well-equipped to lead the evolution of the storage solutions market in India. We are pleased to support their next phase of growth.”

Store My Goods gained early recognition after appearing on Shark Tank India Season 1, which helped build consumer awareness and credibility. However, the current round has been led entirely by JIIF and family offices, signalling strong market validation.

“This round isn’t just about capital—it’s about acceleration,” said Sudeep Gupta, Co-Founder & CEO of Store My Goods. “With the support of our investors, we aim to deepen our footprint in current markets, expand into newer cities, and scale our product and tech offerings to build a robust, customer-first storage ecosystem.”

The startup solves multiple storage challenges across both consumer and business segments. On the consumer side, it caters to people dealing with space constraints, offering storage during home renovations, relocations, or as an extension of their homes for seasonal items and personal belongings. For businesses, it serves as a scalable warehousing alternative, helping startups and SMEs manage inventory, promotional material, or archived documents without long-term lease liabilities.

With rising urban density, changing lifestyles, and increasing e-commerce penetration, India’s storage-as-a-service market is poised for disruption. Store My Goods is betting on this shift, backed by a full-stack tech platform, customer-centric service model, and a growing footprint in key Indian metros.

Store My Goods, a tech-enabled storage solutions startup, has raised Rs 40 million in a growth funding round led by JITO Incubation and Innovation Foundation (JIIF) and family offices. The latest infusion is part of the company’s ongoing efforts to close a $1 million round, with participation from prominent family offices. The capital will be used to fuel expansion across new geographies, enhance technology infrastructure, and strengthen its leadership team. Founded in December 2021 by Sudeep Gupta and Swati Gupta, Store My Goods offers on-demand, tech-enabled storage and warehousing services to both individuals and businesses. The company currently operates in five major Indian metros—Delhi NCR, Mumbai, Bangalore, Hyderabad, and Pune—and has successfully sold over 50,000 months of storage subscription for more than 5,000 customers. “Store My Goods is addressing a rapidly emerging need in urban India with a tech-driven and scalable approach,” said Jeenendra Bhandari, Chairman, JITO Incubation and Innovation Foundation (JIIF). “We see strong potential in their business model and believe the founding team is well-equipped to lead the evolution of the storage solutions market in India. We are pleased to support their next phase of growth.” Store My Goods gained early recognition after appearing on Shark Tank India Season 1, which helped build consumer awareness and credibility. However, the current round has been led entirely by JIIF and family offices, signalling strong market validation. “This round isn’t just about capital—it’s about acceleration,” said Sudeep Gupta, Co-Founder & CEO of Store My Goods. “With the support of our investors, we aim to deepen our footprint in current markets, expand into newer cities, and scale our product and tech offerings to build a robust, customer-first storage ecosystem.” The startup solves multiple storage challenges across both consumer and business segments. On the consumer side, it caters to people dealing with space constraints, offering storage during home renovations, relocations, or as an extension of their homes for seasonal items and personal belongings. For businesses, it serves as a scalable warehousing alternative, helping startups and SMEs manage inventory, promotional material, or archived documents without long-term lease liabilities. With rising urban density, changing lifestyles, and increasing e-commerce penetration, India’s storage-as-a-service market is poised for disruption. Store My Goods is betting on this shift, backed by a full-stack tech platform, customer-centric service model, and a growing footprint in key Indian metros.

Next Story
Real Estate

Danube Unveils Greenz Villa Community In Dubai

Danube Properties unveiled ‘Greenz by Danube’, its latest real estate development, at Coca-Cola Arena in Dubai. The launch was led by H.E. Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and Coexistence, and attended by Rizwan Sajan, Founder and Chairman, Danube Group, along with more than 7,000 investors, business leaders, guests and media representatives.The project marks Danube’s first large-scale integrated master villa community and Dubai’s first fully furnished master villa development. Speaking at the event, H.E. Sheikh Nahyan said the launch reflected Danube Group’..

Next Story
Infrastructure Energy

Surat Tops Gujarat in PM Surya Ghar Rooftop Solar Installations

Under the PM Surya Ghar Muft Bijli Yojana, rooftop solar systems have been installed on 588,047 houses across Gujarat, equal to about 0.588 million (mn) houses. Surat district emerged as the top performer in the state with 74,940 rooftop installations, followed by Ahmedabad with 69,522 and Rajkot with 65,514. Other districts with substantial uptake included Vadodara at 50,100 and Junagadh at 28,726. The figures were collated from state implementation reports and reflect installations completed under the subsidy and free distribution components. The scheme was launched two years ago to promote ..

Next Story
Infrastructure Energy

DCIL Commissions 150 kW Solar Rooftop Plant

Dredging Corporation of India Limited (DCIL) has commissioned a 150 kilowatt (kW) solar rooftop plant at its head office in Visakhapatnam as part of renewable energy initiatives under the Government of India’s PM Surya Ghar Yojana. The plant was commissioned by the managing director and chief executive officer, Captain S. Divakar. The project aims to reduce carbon emissions and improve operational efficiency. The installation represents a visible step in the organisation's decarbonisation agenda. DCIL said the solar plant is expected to generate around 750 units of clean energy per day, near..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement