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The New Shop isn't accepting new investments

The New Shop’s deadline was June 16, 2024

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The New Shop

Franchised convenience store network with 150+ locations across India
B2B B2C AAPI Founders Women Founders Household Goods Food
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Featured image of The New Shop
Allocation
$2M
Minimum investment
$2,000
Security Instrument
SAFE
Valuation cap
$60M
Deadline
June 16, 2024
Invest in The New Shop

Open for investment

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Pitch Updates 41 Reviews 24
Invest Invest in The New Shop
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Closed on June 16, 2024. Information may not be up-to-date. Campaign closed on June 16, 2024. Information displayed may not be up-to-date.
Problem Solution Product Traction Customers Biz. model Market Competition Vision and strategy Funding Founders
About Team Press

Documents

Capital R (OpenDeal Broker LLC, CRD #291387) is hosting this Reg D 506(c) securities offering by Accelerate Productx Ventures Private Limited.
Company documents
SAFE The New Shop PPM Supplement #6 (4.23.2024).pdf The New Shop PPM Supplement #5.pdf The New Shop PPM Supplement #4 (11.27.2023).pdf The New Shop PPM Supplement #3 (09.20.2023).pdf The New Shop PPM Supplement #2 (07.21.2023).pdf The New Shop PPM Supplement (07.10.2023).pdf The New Shop PPM.pdf The New Shop Financial Projection Details.png Accreditation FAQs.pdf Form CRS.pdf Disclosures & Disclaimers.pdf Additional Risk Disclosures.pdf
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Hear from some of the 113 investors in The New Shop


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Investment summary


$1M+ raised
Company has previously raised over $1M in capital
$5M+ revenue
Company had over $5M in revenue in the past 12 months
Venture-backed
Company is backed by a venture capital firm
  • We are one of India's largest chain of Convenience Stores
  • With over 100 outlets in 10 cities, we plan to open 10,000+ stores by 2030
  • We do over 300,000 orders per month
  • Our GMV is over $1M per month
  • India is one of the fastest growing economies in the world
  • Retail in India is forecasted to reach $2T by 2032

Past financial results are no guarantee of future performance. Click here for important information regarding Financial Projections which are not guaranteed.

Disclosures & Disclaimers

Problem


70M traditional shopkeepers and small businesses in India are at the brink of extinction

Solution


The New Shop is one of
India’s largest franchises


Aiming to empower 10,000 successful
entrepreneurial stories in India by 2030


Store number growth based on company's internal projections


Why The New Shop?


—
One of the best franchises
for just $30k
—

Product


"Give the customers what they want, when and where they want it."

Joe C. Thompson Jr, 7-Eleven Founder

Traction


We've already grown to 70+ outlets in 10+ cities


Flagship stores



Awards



In the news


Customers


Can Indians afford INR 25 lakhs / $30k USD ?

Short answer, YES!

Business model


We offer more
than just a brand



Unit economics


Market


Indian retail industry projected at
$1.3T by 2025


Competition


We're aggressively positioned within the franchise landscape

Vision and strategy


The New Shop in 2030

Please see Financial Projection Details in Documents section for assumptions made by the company.


Funding


Backed by

& 50+ HNIs, Family offices, and Experienced founders

Founders


Led by a core team of serial entrepreneurs

with a passion to build “the future of commerce”.


A team with deep experience in retail and finance 

Documents

Capital R (OpenDeal Broker LLC, CRD #291387) is hosting this Reg D 506(c) securities offering by Accelerate Productx Ventures Private Limited.
Company documents
SAFE The New Shop PPM Supplement #6 (4.23.2024).pdf The New Shop PPM Supplement #5.pdf The New Shop PPM Supplement #4 (11.27.2023).pdf The New Shop PPM Supplement #3 (09.20.2023).pdf The New Shop PPM Supplement #2 (07.21.2023).pdf The New Shop PPM Supplement (07.10.2023).pdf The New Shop PPM.pdf The New Shop Financial Projection Details.png Accreditation FAQs.pdf Form CRS.pdf Disclosures & Disclaimers.pdf Additional Risk Disclosures.pdf

Bonus perks

In addition to your Crowd SAFE, you'll receive perks for investing in The New Shop.
Invest
$5,000
Receive
  • The New Shop Goodie box with special goodies from India

About The New Shop

Legal Name
Accelerate Productx Ventures Private Limited
Founded
Feb 2019
Form
India Company
Employees
450
Website
thenewshop.in
Social Media
Headquarters
Google Map location of of The New Shop
East Of Kailash C 39 , New Delhi, Delhi
Headquarters
East Of Kailash, C 39, New Delhi, Delhi, India 110065

The New Shop Team
Everyone helping build The New Shop, not limited to employees

Profile picture of Aastha Almast
Aastha Almast
Co-Founder
Aastha is the Co-Founder of The New Shop. She is a true born entrepreneur and has previously founded 2 technology startups. She has previously worked at Bank of America and Standard & Poor's.
Profile picture of Mani Dev Gyawali
Mani Dev Gyawali
Co-Founder
Aastha Almast
Co-Founder
Mani Dev Gyawali
Co-Founder

Press

The NEW Shop's 'Employee to Entrepreneur' Program Rewards...
BW people BW people
·
Apr 17, 2023

The NEW Shop, India's largest omnichannel convenience commerce company, has announced the winners of the first-ever 'Empl...

Convenience store company The New Shop signs Rajkummar Ra...
mint
·
Jan 27, 2023

The New Shop, a 24-hour convenience retail company has appointed Bollywood actor Rajkummar Rao as its brand ambassador. T...

How 'The New Shop' Plans To Take On Quick-Commerce Startu...
Inc42 Media
·
Sep 13, 2022

Locking horns with cash-rich Reliance and well-funded startups, like Zepto and Blinkit, The New Shop aims to accelerate t...

This retail startup wants to become modern India's conven...
YourStory.com YourStory.com
·
Apr 15, 2021

Delhi-based The New Shop is a 24-hour convenience store brand that sells everyday essential items. It is backed by Abhije...

Shark Tank's Kevin Harrington reveals why he's focusing o...
YourStory.com YourStory.com
·
Apr 16, 2019

American entrepreneur and celebrity investor Kevin Harrington has announced his very first investment in India in The New...

The New Shop to Open 500 Stores By Next Financial Year
Indian Retailer Indian Retailer

The New Shop, a 24/7 convenience commerce platform with retail and online stores that offer food, FMCG, essential service...

The NEW Shop plans 10000+ convenience stores by 2030
https://www.retail4growth.com/ https://www.retail4growth.com/

The NEW Shop plans 10000+ convenience stores by 2030 By Retail4Growth Bureau | January 27, 2023 Within two years of its i...

Show all
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The New Shop

The New Shop successfully raised $626,105 from 113 investors on June 16, 2024
Profile picture of Michael Jordan
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Profile picture of Suman Purumandla
Michael, Mohammad, Brian, Suman, and 109 others invested. 24 Reviews
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