Exclusive: Burmans-backed storage space aggregator StoreMore raises funding from Bedrock
StoreMore Storage Solutions Pvt. Ltd, the company that owns and operates the self-storage facility StoreMore.in, has raised an undisclosed amount in seed funding from Noida-based Bedrock Venture Management Pvt Ltd, which operates under the Bedrock Ventures banner.
StoreMore offers storage facilities to businesses and households across 10 locations in Delhi NCR ranging over 1 lakh square feet area. Users can choose space at one or multiple locations on its website. The StoreMore teams pack the goods and transport them for storage. Customers pay advance monthly rental for the amount of space their goods use in a facility.
"We offer a level of flexibility that you don't see in the storage industry where people often end up paying for the whole warehouse. The whole StoreMore proposition is to solve that pain point," said Pooja Kothari, managing director of StoreMore.