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Timtara
An online shopping destination with products across 15 different categories.
Description
Timtara was launched in May 2010 with a simple and focused thought that shopping should be fun and entertaining. They carried a wide range of electronic gadgets. Timtara leveraged on their wide range of products, the seamless interface of the website, and timely delivery of goods to help them build a lasting relationships with their partners and customers.
Legal Name
-
Former Legal Name(s)
-
Company Reputation
-
Entity Type
Corporation
Ownership Status
-
Operational Status
Inactive
Founded Date
2010
Operational Duration
3 years
Shutdown Date
2013
Last Financing Round
-
Total Raised
-
Last Financing Date
-
No. of Funding Round(s)
-
No. of Investor(s)
-
No. of Employees
10 - 50
Total Revenue
-
Post-money Valuation
-
Market Capitalization
-
Stage of Development
Development
Transactional Model Type
B2C
Defensibility Moats
Platforms,
City
Noida
State/Province
Uttar Pradesh
Country
India
Industry
Retail
Categories
E-commerce, Shopping, Internet,
- Lies and Manipulation
- The company was mired in controversy when police confirmed that they received complaints from more than 200 buyers who did not receive their products even 6 months after they had placed their orders. The fraud amounted to more than 80 lakhs (over USD 110,000).
- This led to the arrest of its co-founder, Arindam Bose, that led to the shutting down of the site. The company also received complaints from vendors who did not receive any payment even after supplying the website's inventory.
- Public Relations Issues
- Timtara came under fire from consumers for late shipments and poor customer service. There were even dedicated pages on Facebook about the company failing to deliver their orders, or adequately answer customers queries. The company's reputation from this point plummeted, with customers looking to cancel their orders, and asking for full refunds.
- The co-founder was also arrested by the Economic Offences Wing of the Delhi Police for allegedly duping several people by luring them with large discount offers and not delivering the ordered goods, sealing the fate of the company.
Some customers didn't receive their products for periods as long as 6 months after ordering from the website, leading to multiple police reports being lodged against the company
The company lost its reputation when it failed to fulfil customers' orders, worsened by the high profile arrest of the co-founder
Note: Direct competitors are defined by similarity score of more than 40%, while similar companies are defined by similarity score of less than 40%
| No. | Image | Name | Similarity score | Description | Industry | Categories | Location | Ownership status | Entity type | Stage of development | Transactional model type | Defensibility moats | Last financing round | Total raised | Post-money valuation | Last financing date | No. of funding round(s) | No. of investors | Investors | Total revenue | Market capitalization | No. of investments | No. of acquisitions | No. of board seats taken | Competition | Management | No. of employees | Company reputation | Contact info | Operational status | Operational duration | Shutdown date | Founded date | Legal name | Former legal name(s) | Ticker |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1. |  | Wantful | 26.7% | An online gift-giving service that offered recommendations based on a recipient's style and interests. | Retail | E-Commerce, Gifts, Online Portals | United States | - | - | - | - | - | Early Stage | - | - | - | - | - | - | - | - | - | - | - | - | - | 10000-10000 | - | - | Inactive | - | - | 2011 | - | - | - |
2. |  | Boo.com | 26.7% | Online global sports retail site. | Retail | Clothing, E-Commerce, Shopping | United Kingdom | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 500-1000 | - | - | Inactive | - | - | 1999 | - | - | - |
3. |  | MrNeeds | 24.2% | A micro-delivery startup that provided daily essentials to its customers. | Retail | Delivery, Mobile Applications, Shopping, Grocery | India | - | - | - | - | - | Seed | - | - | - | - | - | - | - | - | - | - | - | - | - | 51-100 | - | - | Inactive | - | - | 2016 | - | - | - |
4. |  | Totsy | 23.4% | An e-commerce platform selling prenatal care products and top brands for moms, babies and children. | Retail | Children, E-Commerce, Parenting | United States | - | - | - | - | - | Early Stage | - | - | - | - | - | - | - | - | - | - | - | - | - | 50-100 | - | - | Inactive | - | - | 2009 | - | - | - |
5. |  | Hushbabies | 20.4% | An e-commerce destination for parenting. | Retail | Babycare, Toys, E-Commerce | India | - | - | - | - | - | Seed | - | - | - | - | - | - | - | - | - | - | - | - | - | 1-10 | - | - | Inactive | - | - | 2009 | - | - | - |
6. |  | Tie Rack | 18.6% | Tie retailer that sold scarves, cufflinks, and many other items of clothing. | Retail | Fashion, Shopping, Clothing | France | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1000-5000 | - | - | Inactive | - | - | 1981 | - | - | - |
7. |  | Zulily | 16.9% | An online retailer that offered consumers daily product deals. | Retail | E-Commerce, Delivery, Technology | United States | - | - | - | - | - | M&A | - | - | - | - | - | - | - | - | - | - | - | - | - | 1000-5000 | - | - | Inactive | - | - | 2009 | - | - | - |
8. |  | Shopko Stores | 15.7% | A regional discount chain that provided quality goods and services. | Retail | Shopping, Consumer Goods | United States | - | - | - | - | - | M&A | - | - | - | - | - | - | - | - | - | - | - | - | - | 10000-10000 | - | - | Inactive | - | - | 1962 | - | - | - |
9. |  | Tiong Hin Superstore | 15.2% | A superstore. | Retail | Shopping, Grocery, Clothing, Food & Beverages | Brunei Darussalam | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | Inactive | - | - | 1990 | - | - | - |
10. |  | Pier 1 | 14.2% | A omnichannel retailer that specialized in imported home furnshings and decor. | Retail | Home Decor, Furniture, E-Commerce | United States | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 10000-10000 | - | - | Inactive | - | - | 1962 | - | - | - |
11. |  | ToyGaroo | 13.6% | An online toy rental service that allowed people to rent toys for certain periods, instead of buying them, and then return those toys for newer ones. | Retail | E-Commerce, Toys, Internet | United States | - | - | - | - | - | Seed | - | - | - | - | - | - | - | - | - | - | - | - | - | 1-10 | - | - | Inactive | - | - | 2010 | - | - | - |
12. |  | Aagaar | 13.2% | A hyperlocal grocery delivery service. | Retail | E-Commerce, Delivery | India | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1-10 | - | - | Inactive | - | - | 2014 | - | - | - |
13. |  | Zellers | 10.7% | A chain discount department retailer. | Retail | Shopping, Consumer Goods, Electronics | Canada | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | Inactive | - | - | 1931 | - | - | - |
14. |  | Charlotte Russe | 9.2% | A clothing retail chain store. | Retail | Fashion, Lifestyle, Shopping | United States | - | - | - | - | - | M&A | - | - | - | - | - | - | - | - | - | - | - | - | - | 5001-10000 | - | - | Active | - | - | 1975 | - | - | - |
15. |  | Shoes of Prey | 9.0% | An online customization platform and an internet-first brand of shoes for women. | Retail | E-Commerce, Fashion, Consumer Goods | United States | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 10-50 | - | - | Inactive | - | - | 2009 | - | - | - |
16. |  | A.C. Moore | 8.1% | Arts and crafts retail chain. | Retail | Shopping | United States | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | Inactive | - | - | 1984 | - | - | - |
| No. | Image | Name | Investor type | Description | Location | Preferred investment stage(s) | Stages invested in | Assets under management (AUM) | Investment range | Investment sweet spot | Preferred investment focus | Preferred investment geography | No. of investments | No. of lead investments | No. of follow-on investments | No. of co-investments | Portfolio companies | No. of exits | Total exit value | No. of failed investments | Loss on investments | No. of acquisitions | No. of board seats taken | No. of funds | Limited partners | Co-investors | No. of partners | Partners | No. of employees | Management | Board members | Founders | Investor reputation | Contact info | Entity type | Legal name | Former legal name(s) | Founded date | Ticker |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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| No. | Image | Name | Previous designation | Previous company | Previous biography | Previous profile type | Previous location | Experience | Education | Reputation | Current company | Current designation | Current biography | Current profile type | Current location | No. of investments | No. of exits | Total exit value | No. of board seats taken | Contact info |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1. |  | Arindam Bose | - | - | - | - | - | - | - | - | - | - | Over 30 years of experience in the pharmaceutical industry and elected to the National Academy of Engineering. Long-time consultant for bio-products R&D and manufacturing, he is committed to innovation in the manufacturing of biologics and serves professional social groups in the biopharmacy industry. Former Project Leader, Executive Director, VP of External Affairs and Biosimilar Strategy of Pfizer, responsible for clinical and commercial manufacturing strategies. AIMBE, AIChE, ACS member. PhD, Purdue University. | - | - | - | - | - | - | - |
| No. | Financing date | Financing round | Total amount raised | Post-money valuation | Financial viability | Fundraising target amount | Remaining target amount | Financing type | No. of investors | Board seats | Lead investors | Entity type | Financing status |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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