Business Overview
- Online platform that is tapping the untapped market of the artisanal community in India and providing them with a digital platform for designers to showcase the flair of their Indian artisanal skill to the world.
- It's the first platform in India to create the design and try the feature on the platform for the guests so that they can have a better shopping experience.
Business highlights:
- Social engagement-based platform with 500M+ users, combining content, social interaction, personalization & customization.
- Empowering artisans, improving livelihoods & socio-economic conditions.
- 25,000+ artisans & 7,00,000+ loyal customers.
- INR 40cr+ lifetime sales & profitable since last 4 years.
- Backed by Vatsa Capital & US HNI's.
- Business charges an annual membership fee of INR 299 from artisans.
- 20-40% is charged as commission from the business for the product sold by the artisans.
- The business is an asset-light company, and they don’t hold any inventories.
Products & Services Overview
Digital platform to connect artisans with the real world with personalization & customization.
Capitalization Overview
There are 2 shareholders in the business.
Further information regarding the shareholding pattern and liabilities of the company will be made available once the investor connects.
Assets Overview
We own different tech machines, which include laptops, office furniture and equipment.
Partial Stake Sale
USD
223 thousand
for
8.0%
stake
(Native Currency: INR 20,000,000)
Reason:
The valuation of the business is based on the sales it has been generating. The investment will be u...
View More
Includes physical assets worth
USD
5.6 thousand
In talks with 3 Investors