Legal Name: Hourglass Essentials Private Limited
Operating Brand: CompanyStore.IO
Founded: December 2, 2006 (19 years in business)
Headquarters: Bangalore, India
Industry: Corporate Gifting & Promotional Merchandise
Analysis Date: November 1, 2025
| Category | Score | Assessment |
|---|---|---|
| Client Portfolio | 9/10 | Excellent - Major MNC clients (Google, IBM, Salesforce, HP, HPE) |
| Workplace Culture | 8/10 | Strong - Great Place to Work Certified (2023-2024) |
| Online Visibility | 6/10 | Moderate - Limited social media presence, basic SEO |
| Brand Consistency | 6/10 | Moderate - Dual branding (Hourglass/CompanyStore) may cause confusion |
| Competitive Position | 7/10 | Good - Strong client base, but emerging competitors gaining ground |
| Attribute | Details |
|---|---|
| Legal Entity | Hourglass Essentials Private Limited |
| CIN | U33301KA2006PTC039205 |
| Incorporation Date | December 2, 2006 |
| Registrar | Registrar of Companies, Bangalore |
| GST Number | 29AABCH6959B1ZG |
| Import Export Code | 0706006551 |
| Company Type | Private Limited Company |
| Business Type | Service Provider / Wholesaler / Distributor |
Address: No. 357, HAL II Stage, 7th Main, Indiranagar, Bengaluru - 560008, Karnataka, India
Additional Facilities: Warehouse/Depot operations
| Platform | Identity | URL |
|---|---|---|
| Primary Website | CompanyStore.IO | https://www.companystore.io |
| LinkedIn (Company) | CompanyStore.IO | LinkedIn Profile |
| LinkedIn (Legacy) | Hourglass Essentials Pvt Ltd | LinkedIn Profile |
| IndiaMART | Hourglass Essentials Pvt. Ltd. | Business Listing |
| Great Place to Work | Hourglass Essentials (a.k.a) CompanyStore.IO | Certification Page |
Dual Branding Note: The company operates under both "Hourglass Essentials" (legal entity, legacy brand) and "CompanyStore.IO" (operating brand). This dual identity is visible across different platforms, which may create some brand confusion but also shows evolution and modernization of brand positioning.
| Name | Position | |
|---|---|---|
| Neeraj Harlalka | Founder & CEO / Director | LinkedIn Profile |
| Chandini Harlalka | Director | Not publicly available |
| Name | Position | Function |
|---|---|---|
| Neeraj Harlalka | Founder & CEO | Overall leadership, strategy, client relationships |
| Karthik | Chief Operating Officer | Operations management, fulfillment, quality control |
| Jagadish Jayapal | Regional Manager | Regional business development, client servicing |
Founder-Led Organization: Neeraj Harlalka has built the company from inception in 2006 to serving major MNC clients, demonstrating strong entrepreneurial leadership and long-term vision.
Industry Heritage: Company profile mentions "over 55 years in watch making business" suggesting family business legacy bringing manufacturing expertise to promotional products.
Limited Public Profiles: Only the founder's LinkedIn is easily discoverable. COO and Regional Manager profiles are not widely visible online, which limits thought leadership and brand authority in the industry.
Recommendation: Increase leadership team visibility through LinkedIn profiles, industry speaking engagements, blog posts, and PR activities.
| Source | Employee Count | Date/Year |
|---|---|---|
| Great Place to Work | 73 India-based employees | 2023-2024 |
| IndiaMART | 51-100 people | 2024 |
| SignalHire | 100-200 people | 2025 |
Estimated Current Headcount: 70-100 employees (based on multiple sources)
Growth Trend: 10% employee growth year-over-year (per company data)
Team Composition: Multi-disciplinary team including sales, operations, creative design, quality control, warehouse/logistics, and account management
| Metric | Value | Source |
|---|---|---|
| Annual Turnover | ₹25-100 Crore | IndiaMART (2024) |
| Revenue Category | Mid-sized enterprise | Based on turnover range |
| Service Category | Description | Client Benefit |
|---|---|---|
| 1. Fulfillment, Distribution & Warehousing | End-to-end logistics from inventory management to delivery across India and APAC | Single vendor for entire supply chain, reduced coordination overhead |
| 2. Quality Control | In-house quality inspection and assurance processes | Consistent product quality, reduced defect rates |
| 3. Strategic Sourcing / Specialized Solutions | Custom product development, supplier network management | Access to 10,000+ products, unique customization options |
| 4. Dedicated Account Management | Assigned account teams for enterprise clients | Personalized service, faster response times, consultative approach |
Main Categories:
Hourglass Essentials Brand: The company historically offered "Masstige" (mass prestige) products in 4 categories:
Note: It's unclear if these proprietary product lines still operate under the CompanyStore.IO rebrand or if focus has shifted entirely to B2B corporate services.
| Region | Capability |
|---|---|
| Pan-India | Nationwide delivery, warehouse in Bangalore |
| APAC (Asia-Pacific) | International shipping capabilities, import-export license |
| Global | Services global MNC clients (Google, IBM, Salesforce) - likely global fulfillment capability |
Technology:
Logistics:
Automotive:
Banking & Finance:
| Factor | Assessment | Evidence |
|---|---|---|
| Brand Reputation | High | Client portfolio includes Google, IBM, Salesforce; Great Place to Work certified |
| Industry Awards | High | Staples Member of the Year FY 2023 - "Ignite Brand Love" theme |
| Experience | High | 19 years in business (founded 2006), "55+ years in watchmaking" (family heritage) |
| Market Visibility | Medium | Listed on IndiaMART, LinkedIn presence, but limited social media/PR activity |
| Online Presence | Medium | Website exists but SEO/content marketing appears limited based on search results |
1. Blue-Chip Client Base: Working with Google, IBM, Salesforce sets apart from local competitors
2. Vertically Integrated: Warehousing + fulfillment + quality control + account management = full-service model
3. 10,000+ Product Catalog: One of the larger product selections in India market
4. APAC Reach: International shipping capability beyond India domestic market
5. Consultative Approach: Dedicated account teams vs. transactional e-commerce model
6. Great Place to Work Culture: Employee satisfaction translates to better client service
| Competitor | Positioning | Key Differentiator | Threat Level |
|---|---|---|---|
| OffiNeeds | 17+ years experience, employee & client brand experiences | New joinee kits, official brand stores, gift vouchers | High - Similar experience, strong positioning |
| Xoxoday | 100+ countries, AI integration | Global scale, tech innovation (AI), rewards platform | High - Technology edge, international scale |
| Swageazy | Fresh, creative approach, unique merchandise | Quirky designs, custom apparel, creative positioning | Medium - Younger brand, creative differentiation |
| PrintStop | Established printing company expanding into corporate gifts | Printing expertise, existing client relationships | Medium - Strong in printing, less in merchandise |
| Loopify | Sustainability-focused | Eco-friendly products (reusable notebooks, seed paper) | Medium - Niche focus on sustainability |
| Consortium Gifts | 22+ years experience, premium focus | Longest track record, premium gift items | Medium - Established, premium positioning |
| Ferns N Petals (FNP) | Consumer brand expanding into corporate | Strong consumer brand recognition, wide distribution | Low-Medium - Consumer focus, not B2B specialist |
URL: https://www.companystore.io
Features Identified:
Observations: Modern web infrastructure with tracking/analytics, but content details not fully visible in public search results.
| Platform | Status | Assessment |
|---|---|---|
| LinkedIn (CompanyStore.IO) | Active | Company page exists, posts warehouse milestone (Feb 2023), Staples award announcement visible |
| LinkedIn (Hourglass Essentials) | Legacy | Older company page still exists, may cause brand confusion |
| Not Found | No evidence of active Instagram presence in search results | |
| Not Found | No evidence of active Facebook page in search results | |
| Twitter/X | Not Found | No evidence of Twitter presence in search results |
Critical Weakness: Limited social media presence beyond LinkedIn. In 2025, B2B buyers research vendors across multiple channels before engagement.
Competitor Advantage: More digitally-active competitors (Swageazy, OffiNeeds) likely have stronger Instagram/Facebook presence showing product portfolios, client work, employee culture.
Impact:
Search: "Corporate gifting India"
Search: "Promotional merchandise Bangalore"
Search: "Employee welcome kits India"
Assessment: SEO presence appears weak - Heavy reliance on third-party platforms (IndiaMART, LinkedIn) for discoverability rather than owned website ranking.
| Platform | Status | Completeness |
|---|---|---|
| IndiaMART | Active | Comprehensive - Full company profile, products, contact details |
| ExportersIndia | Active | Moderate - Basic listing present |
| Great Place to Work | Certified | Complete - Certification badge, company culture description |
| ZaubaCorp | Listed | Complete - Corporate registry data, directors, financial class |
| SignalHire | Listed | Moderate - Employee count, basic info |
| Google My Business | Unknown | Not verified in search results |
Period: April 2023 - April 2024
Certification Type: Great Place to Work-Certified™
Recognition: "Gold Standard" in identifying and recognizing strong workplace cultures globally
Assessment: Company has created a Great Place to Work FOR ALL employees by excelling on 5 dimensions of High-Trust, High-Performance Culture™
| Dimension | Description |
|---|---|
| 1. Credibility | Communication is open and accessible; competence in coordinating human and material resources; integrity in carrying out vision with consistency |
| 2. Respect | Supporting professional development and showing appreciation; collaboration with employees on relevant decisions; caring for employees as individuals with personal lives |
| 3. Fairness | Equity - balanced treatment for all in terms of rewards; impartiality - absence of favoritism in hiring and promotions; justice - lack of discrimination and process for appeals |
| 4. Pride | In personal job, individual contributions; in team/work group; in the organization's products/standing in community |
| 5. Camaraderie | Ability to be oneself; socially friendly and welcoming atmosphere; sense of "family" or "team" |
Client Service Quality: Happy, engaged employees deliver better account management and client experiences
Talent Retention: Reduces turnover, preserves institutional knowledge and client relationships
Recruitment Advantage: Certification helps attract quality talent in competitive Bangalore market
Brand Differentiation: Many corporate gifting competitors don't have this certification
Employer Branding: Can be leveraged in sales conversations with HR departments (who value vendor culture)
Award Theme: "Ignite Brand Love"
Significance: Recognition from Staples (major global promotional products network) for excellence in brand management and client service
What It Signals:
The following common industry certifications were not visible in public search results. If obtained, should be promoted more prominently:
Note: Certifications may exist but aren't prominently displayed online. Recommend making any existing certifications more visible on website/marketing materials.
Limited online visibility, weak SEO, minimal social media presence = losing deals to more visible competitors
Expected ROI: 30-50% increase in inbound leads within 6 months
Dual identity (Hourglass Essentials vs. CompanyStore.IO) creates confusion, dilutes brand equity
Expected ROI: Clearer brand recall, reduced confusion in sales conversations
Leadership team has low public visibility = missed opportunities for brand authority, media coverage
Expected ROI: Increased brand authority, easier access to C-suite decision-makers
No visible customer reviews/testimonials despite blue-chip client base = underutilized credibility asset
Expected ROI: 20-30% improvement in sales conversion (prospects trust peer reviews)
Growing corporate demand for eco-friendly merchandise, but CompanyStore.IO has no visible green product line
Expected ROI: Access to corporate ESG budgets, differentiation from competitors, appeal to younger employees
Competitors (Xoxoday) emphasize AI and technology - potential to leapfrog with innovative platform
Expected ROI: Competitive differentiation, operational efficiency, higher client retention
Investment: ₹50,000 - ₹1,00,000 (content, design, PR distribution)
Metrics: Website traffic baseline, LinkedIn follower count, initial testimonials collected (target: 3-5)
Investment: ₹1,00,000 - ₹1,50,000 (SEO tools, content creation, social media management, PR)
Metrics: 20-30% increase in organic website traffic, 5+ published testimonials, 200+ new LinkedIn followers
Investment: ₹2,00,000 - ₹3,00,000 (webinar platform, video production, website enhancements, paid ads testing)
Metrics: 50-70% increase in organic traffic vs. Day 1, 10+ inbound leads from content, 1-2 media mentions, 500+ LinkedIn followers
| Initiative | Annual Budget (₹) | Monthly Breakdown | Priority |
|---|---|---|---|
| SEO & Website Optimization | ₹3,00,000 - ₹5,00,000 | SEO tools (₹15k/mo), content writing (₹20k/mo), technical SEO (₹15k/mo) | HIGH |
| Content Marketing | ₹4,00,000 - ₹6,00,000 | Blog posts (₹40k/mo), case studies (₹30k/mo), videos (₹30k/mo) | HIGH |
| Social Media Management | ₹2,40,000 - ₹3,60,000 | Manager/agency (₹20-30k/mo), content creation, ads budget | HIGH |
| PR & Media Relations | ₹2,00,000 - ₹4,00,000 | PR agency retainer (₹20-35k/mo) or project-based | MEDIUM |
| Paid Advertising (Google/LinkedIn) | ₹3,00,000 - ₹6,00,000 | Ad spend (₹20-40k/mo) + management (₹10k/mo) | MEDIUM |
| Events & Webinars | ₹2,00,000 - ₹3,00,000 | 4 webinars/year (₹25k each), trade show participation (₹1L/event) | MEDIUM |
| Brand Design & Creative | ₹1,50,000 - ₹2,50,000 | Graphics, videos, presentations, brand guidelines updates | MEDIUM |
| Marketing Tools & Software | ₹1,00,000 - ₹1,50,000 | Email marketing (₹5k/mo), analytics (₹3k/mo), design tools (₹3k/mo) | LOW |
Conservative: ₹18,00,000 per year (₹1,50,000/month)
Aggressive: ₹32,00,000 per year (₹2,65,000/month)
As % of Revenue: 2-4% of ₹50 Cr turnover (mid-range estimate) = ₹1-2 Cr marketing budget is industry standard
Recommendation: Start with ₹20-25 lakhs annually, scale based on ROI measurement after 6 months
| Role | Hire or Outsource? | Time Commitment | Cost (Annual) |
|---|---|---|---|
| Marketing Manager | HIRE (Full-time) | 100% - Strategy, execution, team coordination | ₹8-12 lakhs (salary + benefits) |
| Content Writer | Outsource (Freelance) | 50% - Blog posts, case studies, web copy | ₹3-5 lakhs (freelance) |
| Graphic Designer | Existing team or freelance | 30% - Social media graphics, presentations | ₹2-3 lakhs (if freelance) |
| Social Media Manager | Outsource (Agency or freelancer) | 50% - Content calendar, posting, engagement | ₹2.5-4 lakhs (agency retainer) |
| SEO Specialist | Outsource (Agency) | Ongoing - Keyword research, optimization, reporting | ₹3-5 lakhs (agency retainer) |
| PR Consultant | Outsource (Project or retainer) | As needed - Media pitching, award submissions | ₹2-4 lakhs (project-based) |
Phase 1 (First 6 months):
Phase 2 (After 6 months, if ROI positive):
| Metric | Current Baseline (Estimated) | 6-Month Target | 12-Month Target |
|---|---|---|---|
| Organic Website Traffic | 500-1,000 visits/month | 2,000-3,000/month | 5,000-7,000/month |
| Keyword Rankings (Top 10) | 2-3 keywords | 10-15 keywords | 25-30 keywords |
| Domain Authority | 15-20 | 25-30 | 35-40 |
| Inbound Leads from Website | 5-10/month | 20-30/month | 40-60/month |
| Pages Indexed (Google) | 20-30 pages | 60-80 pages | 100-150 pages |
| Platform | Current | 6-Month Target | 12-Month Target |
|---|---|---|---|
| LinkedIn Followers | 200-500 (estimate) | 1,500-2,000 | 3,000-5,000 |
| LinkedIn Engagement Rate | 1-2% | 3-5% | 5-8% |
| Instagram Followers | 0 (not active) | 500-1,000 | 2,000-3,000 |
| Instagram Engagement Rate | N/A | 4-6% | 6-10% |
| Monthly Social Referrals to Website | 10-20 | 100-200 | 300-500 |
| Metric | 6-Month Target | 12-Month Target |
|---|---|---|
| Blog Posts Published | 15-20 posts | 40-50 posts |
| Case Studies Published | 3-5 case studies | 8-10 case studies |
| Client Testimonials | 10-15 testimonials | 20-30 testimonials |
| Video Content | 3-5 videos | 10-15 videos |
| Webinars Hosted | 2 webinars | 4-6 webinars |
| Media Mentions | 2-3 articles | 6-10 articles |
| Speaking Engagements | 1-2 events | 4-6 events |
| Metric | 6-Month Target | 12-Month Target |
|---|---|---|
| Marketing-Sourced Leads | 60-100 qualified leads | 200-300 qualified leads |
| Lead-to-Opportunity Conversion | 15-20% | 20-25% |
| Marketing-Attributed Revenue | ₹50-75 lakhs | ₹2-3 Crores |
| Cost Per Lead (CPL) | ₹15,000-20,000 | ₹8,000-12,000 |
| Marketing ROI | 2-3x | 4-6x |
Minimum Acceptable Performance (6 months):
Decision Point: If 6-month ROI is 2x or better, scale investment to ₹30-40L annually. If below 1.5x ROI, reassess strategy before scaling.
The Good:
The Gaps:
By implementing the recommendations in this audit, CompanyStore.IO can:
Investment Required: ₹20-30 lakhs (Year 1)
Expected ROI: 3-5x (₹60 lakhs - ₹1.5 Cr revenue impact)
Action: Decide on single primary brand (recommend: CompanyStore.IO). Update all digital properties within 30 days.
Why: Every day of confusion = lost brand equity. Competitors with clear identity (Swageazy, OffiNeeds) are easier to remember.
Effort: Low | Impact: High | Cost: ₹10-20k (design updates)
Action: Email 10 satisfied clients TODAY requesting testimonials. Publish 5 on website within 2 weeks.
Why: You have Google/IBM clients but prospects can't see social proof. Testimonials increase conversion by 20-30%.
Effort: Low | Impact: High | Cost: Free (time only)
Action: Founder + company page post 3x/week minimum. Start Monday.
Why: B2B buyers are on LinkedIn researching vendors. Your competitors are posting; you're invisible = you lose deals.
Effort: Medium | Impact: High | Cost: Free (time) or ₹20k/month (agency)
Approve Phase 1 (6 months): ₹12-15 lakhs budget
Hire: 1 Marketing Manager (₹8-10L annually)
Outsource: SEO, content writing, social media (₹4-5L for 6 months)
Review: After 6 months, measure ROI. If 2x or better, scale to ₹30-40L annually.
Downside Protection: If ROI is <1.5x after 6 months, pause investment and reassess strategy.
Upside Potential: If executed well, this investment could add ₹5-10 Cr annual revenue within 2-3 years through improved brand visibility and inbound lead generation.
Report Prepared: November 1, 2025
Methodology: Public web research, competitive analysis, industry benchmarking
Next Steps: Share with leadership team, prioritize recommendations, assign owners, set 30-day check-in