India's First Social Shopping Ecommerce Marketplace With 70 Brands Onboard Looking For Exit

Listing ID: SL009995
Posted By: Owner
Last Active: 6+ months ago
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Product / Service

We have created an online store like flipkart and amazon.
We have product categories range from women and men's apparel, shoes, skincare, bags, fragrances, sports, accessories etc. with over 70 brands onboard including reputed brands like Adidas, TaylorMade, UnderArmour, etc.

Clientele type

Till now we have 70 sellers are registered on our platform.

Premises

At present we are working form home.

Asking Price Includes

Asking price includes whole with all digital assets.

Reason

It has been around 7 months since our inception. Extreme budgetary constraints have restricted us from unleashing it's true potential.

Other Details

Our brand is India’s first social shopping e-commerce platform with over 70 brands onboard, including renowned brands like Adidas, TaylorMade, and Under Armour, with a product count of approx. 2000.
It allows friends and families to shop online together in a fun and interactive way by enabling them to create multiple groups, live chatting, real-time product sharing, following each other’s cursors, creating a common Wishlist, etc.
The business currently runs on a commission-based model, wherein, we charge between 20-30% commission for every sale that goes through our platform.
The company is based in New Delhi, India and all its operations are conducted entirely online. The company was started in September 2020 with the mission of bringing friends and family together during the Covid-19 pandemic when social interactions became unsafe and rare. We wanted to add a social element to the formerly bland and lonely experience of online shopping, by making the process more fun, interactive, and social. With the introduction of our website, gone are the days when people will have to send screenshots of their favorite products to their friends while shopping online.
The business is run entirely online with the website built on Shopify and the order fulfilment taking place via our third-party shipping partner. This is a very cost-efficient business and can be expanded further with minimum cost. We even enjoy the first-mover advantage, which further makes us confident of the future success of our website. If the right sort of skills and resources are put behind the company, it can scale to unimaginable heights.

Keywords

Business Tags

e-commerce marketplace fashion marketplace marketplace marketplace seller marketplace website

₹10 to ₹200 Cr

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