Shop101

**Company Type:**
Shop101 is an Indian e-commerce company that operates as a social commerce platform. It enables individuals to start their own online stores and sell products through social media channels.

**Industry:**
Shop101 operates in the e-commerce industry, focusing on the social commerce segment.

**Founded Year:**
Shop101 was founded in 2015.

**Founders:**
Shop101 was co-founded by Abhinav Jain, Aditya Gupta, and Kalpak Chhajed.

**Services:**
Shop101 provides a platform for individuals, primarily homemakers, small businesses, and social media influencers, to create their own online stores, sell products, and earn a commission on each sale. It offers easy-to-use tools to set up their digital storefronts, manage inventory, process payments, and track sales.

**History:**
After its founding in 2015, Shop101 quickly gained popularity among micro-entrepreneurs looking to leverage social media to sell products. The company witnessed rapid growth and expansion, attracting investments from prominent venture capital firms.

**Present:**
With its user-friendly interface and focus on empowering individuals to become entrepreneurs, Shop101 continues to be a leading player in India’s social commerce landscape. It has expanded its product categories and services to cater to a wider audience.

**Awards and Recognition:**
Shop101 has received recognition for its innovative approach to social commerce and its impact on enabling small businesses and individuals to start and grow their online ventures.

**Frequently Asked Questions:**

**Q: Can anyone start a store on Shop101?**
A: Yes, Shop101 is open to individuals looking to start their own online store. It is especially popular among homemakers, small businesses, and social media influencers.

**Q: How does Shop101 help sellers manage their online stores?**
A: Shop101 provides easy-to-use tools for setting up online stores, managing inventory, processing payments, and tracking sales. The platform simplifies the entire process of running an online business.

**Q: What kind of products can be sold on Shop101?**
A: Sellers on Shop101 can sell a wide variety of products, including apparel, accessories, beauty products, home goods, electronics, and more. The platform supports multiple product categories to cater to diverse customer preferences.

**Q: How does Shop101 ensure secure transactions for buyers and sellers?**
A: Shop101 employs secure payment gateways to facilitate transactions between buyers and sellers. It also offers customer support to address any issues that may arise during the buying or selling process.

**Q: Is there a commission structure for sellers on Shop101?**
A: Yes, sellers on Shop101 earn a commission on each sale made through their online store. The commission structure may vary based on the product category and other factors.

This comprehensive overview provides insights into Shop101’s background, services, and impact in the e-commerce industry.