Kumar steps into the role previously held by Manish Tiwary, who left Amazon in August to pursue other opportunities. Amit Agarwal, Amazon India’s vice president, will work closely with Kumar in overseeing the company’s operations in India.

The two executives have a history of working together, and their collaboration comes at a strategic time. Amazon India is gearing up to enter the fast-growing quick commerce market, aiming to compete with players like BlinkIt, Zepto, and Instamart by the first quarter of 2025.

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About Alpino’s Mission & Products
Founded in 2016 by six friends—Chetan Kanani, Hiren Sheta, Umesh Gajera, Priyank Vora, Milan Gopani, and Mahatva Sheta—Alpino aims to make healthy eating enjoyable with its protein-rich products. The brand offers a variety of nutritious options such as peanut butter, super rolled oats, super muesli, and the world’s first peanut protein isolate powder. Over the next two years, Alpino plans to expand its portfolio with over 20 new products.

Shilpa Shetty, a long-time fan of Alpino’s peanut butter, expressed her enthusiasm for the partnership: “I’ve always believed in living a balanced life. Alpino’s philosophy of making healthy eating fun resonates with me, and their natural peanut butter has been a staple in my home.”

Overcoming Setbacks and Growing Stronger
Last year, Alpino faced a major setback when a fire at their Surat warehouse led to losses exceeding ₹2 crore, halting operations for six months. However, the brand made a strong recovery with the launch of “Alpino 2.0,” achieving record-breaking revenues and demonstrating its resilience.

Expansion Plans
Alpino plans to use the funds to expand its offline presence, enhance international growth, and drive product innovation. With a growth rate of over 150% this year, the brand is already a top seller on e-commerce platforms like Amazon and Flipkart and is available at over 6,000 retail touchpoints across India, including major chains like Reliance, Metro Wholesale, and Godrej Nature’s Basket. Alpino also has a presence in over 10 countries worldwide.

The founders aim to make Alpino a ₹500 crore brand in the next two years, with Shilpa Shetty’s involvement strengthening the brand’s commitment to making India a protein-rich nation without compromising on taste. CEO Chetan Kanani stated, “Shilpa’s passion for fitness and love for our products makes her the perfect ambassador for Alpino.”

Paresh Ghelani, a key investor and advisor, sees Alpino as a movement toward healthier living, stating, “Alpino’s founders have a passion for making high-quality, accessible nutrition, and I am excited to support them in making healthy eating an integral part of life.”

Together with Shilpa Shetty, Alpino is determined to bring protein-rich products to every kitchen in India, ensuring that health and nutrition are accessible to all.

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About Kaatil’s Products Launched in 2021 by founders Sagar Merchant and Arjun Panwar under Smerc Food & Beverages, Kaatil specializes in a variety of spicy condiments made from Indian chilies. The product range includes hot sauces, chilli oils, and hot ketchup. In 2024, Kaatil earned international recognition by winning the prestigious Great Taste Award from the U.K.’s Guild of Fine Foods.

The brand sells its products through various channels, including its own website, physical retail stores, and leading online platforms like Amazon, Big Basket, and Nature’s Basket. Additionally, Kaatil has expanded globally, offering its products on Amazon USA and in retail stores across Canada and New Zealand.

Plans for Expansion Kaatil plans to utilize the new capital to further expand its product range and strengthen its presence in both domestic and international markets. The company is focused on growing its distribution through e-commerce platforms, rapid commerce, and traditional retail outlets. Additionally, Kaatil is looking to establish an independent B2B supply arm to cater to the needs of restaurants, hotels, and cafés.

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The fresh capital will be utilized to boost customer acquisition, drive product innovation, and support Trisu’s ambitious market expansion plans, the company announced in a press release.

Founded by Saloni Chopra in 2023, Trisu specializes in vermeil jewelry—gold-plated silver with an 18-karat gold layer that is five times thicker than standard gold plating. The brand aims to offer long-lasting, affordable gold alternatives, targeting customers aged 30-60 in India. Trisu’s products combine the luxurious look of solid gold with affordability, making high-quality jewelry accessible without the high costs or risks associated with solid gold.

The company operates a manufacturing facility in Jaipur and attributes its unique selling proposition (USP) to its superior plating techniques. Chains are the leading revenue driver for Trisu, followed by necklaces and bracelets. To accelerate growth, the brand plans to expand across all major marketplaces, including quick commerce platforms.

Within its first eight months, Trisu has achieved 24x growth and garnered over 5,000 active customers who appreciate its products for their close resemblance to solid gold. Looking ahead, Trisu aims to reach $1 million (Rs 8 crore) in monthly recurring revenue by 2025 and plans to open ten shops and five exclusive outlets by December 2026.

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According to the Bengaluru-based startup, the funds will be used to expand its product and service offerings, strengthen its technology and data platform. 

Floated by Madan Padaki, Anil Kumar and M Chakrawarty, 1Bridge provides a wide range of aspirational products and digital services to village consumers at doorsteps. It works with local rural entrepreneurs (1Bridge Advisors) to help deliver these products and fulfil services through an intuitive mobile-based tech platform. 

With this round, 1Bridge plans to deepen its reach as a supply chain and distribution network across another 10,000 villages and over 500 1Bridge Experience Centres at various towns over the next 18 months.

The company claims to have onboarded over 10,000 networks of entrepreneurs, fulfilled 35 million transactions for rural consumers and have served 1.5 million village consumers directly. 

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Ajio, Reliance’s retail fashion arm, has quietly launched Ajio Street. The platform boasts a vast selection of clothing and accessories, starting from a price point as low as 199 Indian rupees ($2.4). According to Ajio’s website, Street guarantees the “lowest price” for its offerings, waives delivery charges, and promises a straightforward returns process.

The roll-out of Ajio Street, which has not been previously reported, coincides with a confirmation from Shein, a dominant player in the global budget fashion market hailing from China, that it has partnered with Reliance to reestablish a presence in the lucrative Indian market.

The emphasis on affordability is key in capturing market share in India’s fashion sector, analysts say, citing the region’s notoriously price-sensitive consumers.

The Indian newspaper Economic Times reported last month that Reliance plans to target consumers in smaller Indian cities and towns with Ajio Street. The newspaper also said that Street will operate on a zero-commission model, meaning sellers will not be paying any commission to the platform in a move to gain quick inroads.

Reliance’s plan also puts Ajio Street in direct competition with SoftBank and Prosus-backed Meesho, which specialises in selling low-cost longtail fashion and accessory items.

Ajio, launched in 2016, currently commands over 15% of the fashion e-commerce market in India, according to wealth management and research firm Bernstein. Flipkart, which owns fashion giant Myntra, dominates the category with over 60% market share, while Amazon is holding on to about 20% of the slice.

For Reliance, deploying an affordability-led approach to achieve market dominance has been a longstanding strategy. This was strikingly evident in the previous decade when the company dramatically shook the Indian wireless sector with the introduction of Jio – offering free voice calls and cutrate data rates. With a subscriber base now exceeding 430 million, Jio now dominates the telecommunications industry in the South Asian market.

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What are B2B Marketplaces?

According to Statista, Asia Pacific is leading the e-commerce marketplace way with a market share of almost 80%, leaving North America and Europe far behind. Amazon and Alibaba are the two most prominent players on the market.

Kirana Commerce B2B Marketplaces

Jumbotail

These platforms deal with providing end-to-end solutions to empower the Kirana sector in the country. 

Jumbotail is a business-to-business e-commerce marketplace for wholesale & food grocery. It caters to the growing yet untapped Kirana sector in India, 12-13 million to be exact, and provides a full-stack solution that includes:

• Payments solutions
• Working capital credit(by tying up with financial institutions)
• Tech-driven supply chain & logistics
• Hassle-free storefront delivery

Jumbotail makes it possible for convenience stores to tap into the retail-as-a-service model with a point of sales(PoS) fully integrated with its supply chain & fintech!

Further, the platform provides high-quality products to Kirana store owners by providing sourcing & quality control services and has tied up with more than 20,000 mom & pop stores and is all set to revolutionize the space. 

Elasticrun

Elasticrun provides a common place where businesses tap & reach the 10 million mom & pop stores, commonly known as Kirana stores, and, in turn, catalyzes their growth. 

Elasticrun’s Kirana commerce platform connects these stores to businesses pan India, unlocking a whopping $600 billion worth opportunity. This is through:

• Crowdsourced logistics: Logistics network driven by partners 
• Store aggregation: To lower servicing demands of each store
• Brand aggregation: For cost effective shared economy logistics

The core products of Elasticrun include: 

• FMCG: To connect FMCG brands directly with kirana stores in rural India
• e-commerce: To enable e-commerce access to kirana stores
• Credit: To facilitate credit for rural stores from financial Institutions 
• Data Analytics: Identify & overcome data-blindspots in multiple industries

Food & Commodity B2B Marketplaces

These platforms deal with providing a roof for wholesalers, retailers, or businesses to procure consumable articles of diverse kinds. Let’s take a look at the top & upcoming players here. 

Ninjacart

Ninjacart is one of the top B2B marketplaces in India for the fresh produce supply chain. The platform sources fresh produce directly from farmers and sells it to businesses. Consequently, this helps farmers with better revenue and retailers with higher quality products, without delays.

Ninjacart procures food articles from farmers, dispatches it to collection & fulfillment centers, manages the distribution based on the demand & orders, and does doorstep deliveries for retailers. All within 12 hours, backed by tech!

This business-to-business marketplace promises benefits for all the three parties involved in the ecosystem- farmers, retailers, and end consumers as you can see in the image above. Alongside, it also solves the core problems faced by farmers & retailers at a go!

• Farmers: Price risk, lack of solid data about demand, distribution inefficiency, & delayed payments.
• Retailers: Higher operational costs, low quality & unhygienic produce, price volatility, and procurement hassle.

DeHaat

DeHaat is an agri-tech B2B marketplace that focuses on empowering farmers with full-stack agricultural services. Farmers get access to quality material inputs, a chance to connect with institutional buyers for selling their produce, and also receive scientific farming advice for better yields.

With this marketplace, farmers can get 50% higher income on their produce and boost farm productivity by 20%. Moreover, it also offers soil-testing services via their testing labs and presents health cards after tests. 

Not just farmers, DeHaat also focuses on micro-entrepreneurs and institutional buyers. With local franchise stores called DeHaat centers, micro-entrepreneurs can thrive at the grass-root level. On the other hand, for corporate customers, DeHaat’s online portal allows tracking transactions, perusing commodity procurement pipelines, and ordering online. 

Around October 2021, DeHaat raised $115 million in funding, the largest agritech round in India.

Farmley

Farmley is a tech-driven wholesale platform that facilitates procurement of non-perishable food items such as dry fruits, nuts & seeds, specialty grains, exotic fruits & berries, healthy snacks, and more. 

This B2B platform is a marketplace that connects suppliers and wholesale consumers by sourcing agri commodities straight from the source. Consequently, it makes it possible for Farmley to bring these food products to end consumers like us at highly competitive prices. 

The crucial goals and vision of Farmley include:

• Sourcing high quality, non-perishable food products that are free from adulteration 
• Empower the farmer community by creating better opportunities for margin & profit by eliminating middlemen

On the supplier side, this business-to-business marketplace has a sturdy pool of handpicked suppliers while on the customer side, there are businesses & wholesalers of all sizes. Getting started with Farmley is super simple.

e-Commerce B2B Marketplaces

These marketplaces deal with general e-commerce products.

Udaan 

In 2016, 3 ex-Flipkart employees decided to build something with the vision to “transform the way trade is done in India leveraging technology.” Initially, the platform focused on logistics for small businesses owners in the electronics & apparel industry. 

However, seeing the traction the platform received, Udaan soon started envisioning building a full-stack e-commerce marketplace for SMBs in the country. 

In a matter of two years, Udaan entered the unicorn club, becoming one of the fastest companies to do so, and with the latest funding news, it could be worth US$4.5 billion to US$5 billion. 

Through its e-commerce business-to-business platform, Udaan is solving the perennial problems related to trade in India using technology. It has set foot in multiple categories such as lifestyle, electronics, pharma, FMCG, home & kitchen, staples, hardware & sanitaryware, toys, and more! 

How can SMBs start trading on Udaan? A business owner:

• Creates an account on the platform
• Completes KYC for their shops using GSTIN and Shop & Establishment Licence. 
• Starts purchases for their shops from retailers & brands at great wholesale prices. 
• Avails doorstep delivery, enjoy hassle-free returns, and access credit facility upto ₹5 Lakhs. 

According to Udaan, the platform has over 3 million users, 25,0000-30,000 sellers across 900+ cities, and operates across 12,000 pin codes in the country. With a monthly transaction volume of over 4.5 million, the platform serves 1.7 million retailers, chemists, Kirana shops, HoReCa, farmers. 

Bizongo

Bizongo is India’s largest B2B e-commerce & supply chain marketplace for made-to-order goods. The platform has a diverse catalog of products ranging from apparel, carry bags, material handling equipment, paper-based products, cartons, bulk packaging, and more! 

Bizongo offers solutions for supply chain management and automation via Real-time Analytics & Tracking and digitized documentation. Not just that, businesses can also leverage efficient inventory management and digitized distribution services with Bizongo. In addition, it also provides Digital Vendor Management to help businesses with easy communication and digital product catalogs. 

This B2B marketplace has 1500+ manufacturers nationwide with 200+ product categories, have a total monthly capacity of 2m+ tonnes, and has delivered over 860m orders. 

When we had a chat with the Bizongo team, here’s what Ankit, the Co-founder says. 

“At Bizongo we make it seamless for our enterprise customers to digitize their vendor base and automate their supply chain through our platform. Today in India most manufacturers are small and fragmented with most of their capital stuck in working capital cycles. Bizongo’s supply chain financing platform makes it super easy for these manufacturers to avail finance in a digital-first way with minimal documentation and fast disbursals. Partnership with Decentro enables us to automate the entire pipeline of payments and credit checks to build a digital-first & fast experience for both our customers and manufacturers”Ankit Tomar, Co-founder, Bizongo

IndiaMart

IndiaMart is one of India’s largest marketplaces that facilitates e-commerce suppliers and buyers to transact easily and benefit mutually. Founded in 1999, this B2B marketplace has the mission ‘to make doing business easy.’

For buyers, IndiaMart offers payment protection programs to buyers, in addition to the convenience of finding quality products and ease of finding suppliers. On the other hand, for suppliers, enhanced business visibility & brand credibility, lead management system, and instant payment solution. 

IndiaMart has 138 Million+ Buyers, 6.7 Million+ Suppliers, 76 Million+ Products & Services, and claims to have a market share of 60%. 

GoMechanic

GoMechanic is a network of tech-driven car service centers that provides after-sales support and spare part services for consumers.

Some of the key services offered by GoMechanic include: 

• Periodic services
• Denting & painting
• Batteries
• Car Spa & Cleaning
• Insurance claims
• Tire & wheel care
• Miles membership

And, more! 

GoMechanic’s marketplace for car workshop owners helps them acquire customers easily, manage inventory seamlessly, and earn. So far, this B2B marketplace has onboarded 500+ partners and paid out more than ₹200 crore in 2019, and delivers more than 10,000 services monthly.

Pharma & Hospitality Centric B2B Marketplaces

In this section, we’ll take a look at the marketplaces that deal with pharmaceutical products/services along with the platforms catering to the hospitality industry.

Retailio

Retalio is one of India’s fastest-growing B2B marketplaces focusing on pharmaceuticals. It provides a platform that brings together pharma retailers, distributors & manufacturers under a single roof for easy & quick purchases & sales.

Retalio offers two key products to customers: 

• Order Management
• Integrated Payments

While Order Management helps businesses to handle their orders efficiently via cent percent cashless processes, safe & secure transactions, and uninterrupted support, Integrated Payments enables secure B2C and B2B payments and collection systems. Further, the payments service comes with real-time updates on transactions, option to pay based on invoices, reminders & schedulers. 

This B2B pharma marketplace has a presence in 100+ cities across India and has a strong network of 1000+ healthcare & pharma companies, 3000+ pharmaceutical distributors, and over one lakh hospitals, pharmacies, nursing homes. 

When we spoke to the Retailio team, here’s what we heard from Rohit, Head – FinTech.

We at Fination are continuously looking to innovate credit and other FinTech offerings for our ecosystem partners – whether B2B or B2C. During this pandemic period, people have spoken about all sectors and the impact caused by the lockdown. However, not much has been spoken about pharmacies and their impact during the continuous lockdowns. We are today looking to extensively provide this base support and be their partners in their next phase of growth.

On-boarding ease, innovative underwriting, and flexibility in structures is our primary goal and we continuously look to partner with similar-minded organizations to help build the next big Health Care Financing platform in India.Rohit Anand, Head – FinTech, Retailio

Saveo

Saveo is an e-commerce pharma marketplace for businesses that facilitates the procurement of medicines for pharmacies across the country. The marketplace brings together manufacturers, distributors, and pharmacies to supply Allopathy, Generics, Surgical, Ayurvedic, Speciality medicines.

In January 2021, Saveo raised $4M in funding and plans to further reinforce its vision to bring uniformity in margin & service in the pharma sector and help Indian pharmacies digitize their businesses.

Horeca Stop

Horeca Stop is a B2B marketplace that is a one-stop solution for the hospitality industry. The omnichannel platform procures and provides products & services for hotel, restaurant, and catering services firms.

Horeca Stop provides a myriad of products such as crockeries, cutleries, glassware, packaging materials, room amenities, uniforms, in addition to services such as housekeeping and disinfection.

B2B Marketplaces for Raw Materials, Manufacturing, Construction Supply Chain 

Here we’ll talk about the various players who tap into the supply chain cycle of manufacturing materials, chemicals, and a lot more! Call it a general categorization sorts, if you may!

ChemX

As the name suggests, this B2B marketplace focuses on facilitating the purchase and sales of chemical products. 

ChemX aims to disrupt the chemical supply chain by providing a one-stop solution to procure, sell, and trade fine, commodity, and specialty chemicals. The platform facilitates auctions to ensure competitive & fair pricing for both buyers and sellers. For sellers, ChemX opens up a network of verified suppliers who are credit-worthy and come with genuine requirements. 

It also helps suppliers Live bidding, order tracking, and payment notifications making the entire cycle easier, and also to book future contracts with lock-in prices to avoid price volatility.

When we had a chat with the founder of ChemX, Siddharth, here’s what he says.

Infra.Market 

Infra.Market is a B2B marketplace for construction materials. The platform brings contractors, designers, engineers, materials & component manufacturers together to solve the traditional challenges existing in the construction ecosystem using technology. 

In addition to simplified B2B payments via bank transfers, Infra.Market also provides credit options to customers via Buy Now Pay Later to help them have uninterrupted operations, buy items in bulk, and get loans easily. Some of the products this marketplace provides are:

• Ready Mix Concrete
• Flyash
• Construction Chemicals
• Aggregate
• Cement

Infra.Market has so far enabled 304 clients and 289 manufacturers with 742 projects across 4 countries with over 946 daily deliveries. 

NowPurchase

NowPurchase is a B2B marketplace that facilitates smart procurement for foundries and aims to disrupt India’s 140B$ worth metal manufacturing industry. 

The platform comes with solutions that help foundries to optimize furnace selection charge mix, real-time price, availability & delivery notifications, and reliable test certificates for all products, among others. 

The core products of NowPurchase include:

• Ferro Alloys
• Virgin Metals
• Ferrous scraps
• Power tools
• Refractories
• Foundry essentials 

The marketplace also provides credit facilities to customers to manage working capital requirements. 

OfBusiness

OfBusiness is a tech-powered B2B marketplace that enables businesses in the manufacturing & infrastructure sectors to procure raw materials and provide credit facilities. In particular, it focuses on the SME sector and envisions improving the supply chain cycle in it. 

This business-to-business marketplace brings together buyers & suppliers on a common platform and removes the gap between supply & demand for manufacturing goods. Ofbusiness has 7,00,000+ registered SMEe, operates across more than 24 states in India, and also has a global footprint in over 35+ countries, 

Further, this marketplace also provides cash-flow-based financing to SMEs for purchasing raw materials via its NBFC ‘Oxyzo Financial Services.’

Vendor Infra 

Vendor Infra is a B2B digital platform that caters to infrastructure vendors & suppliers and helps them find an alternative, cost-effective medium to find large-scale projects in different sectors. 

Vendor Infra is a global name in the infrastructure & construction industry and aims to bring under a single digital roof all relevant stakeholders such as infrastructure companies, contractors, and suppliers.

With Vendor Infra, you can:

• Search for trusted vendors
• Find opportunities with project owners
• Get quotes
• Collect detailed data on the industry with sector intelligence 

The marketplace has a database of over 18511 vendors & companies with more than a hundred requested proposals. 

Textile & Fashion/Apparel Centric B2B Marketplaces 

These platforms bring together wholesalers, retailers, or businesses in the fashion sector. 

Fibre2Fashion

Fibre2Fashion is a marketplace where businesses can source textile & apparel products and provide marketing assistance for these. The platform offers an arena for suppliers, manufacturers, exporters, importers, and trade agents to facilitate the purchase & sale of textile, apparel, and fashion products.

On Fibre2Fashion, businesses can utilize the Make to Order (MTO) and Wholesale (Ready-to-sell Goods) models. 

MTO:

• List your business as a seller/buyer
• Post products & offers
• Connect with qualified & verified suppliers & buyers 
• Submit RFQs, request samples, 
• Place orders

Wholesale

• List your ready-to-sell products & get deals
• Buy branded products on wholesale prices 
• Pay through secure payment gateways

Fashinza 

Fashinza is a B2B marketplace that connects fashion brands with qualified manufacturers and helps businesses manage all things from design to delivery.

This online marketplace has tied up 500+ brands, delivered 4,914,636 products, belonging to 5,142 styles, and envisions to resolve all the hassles relating to the supply chain in the fashion industry. The platform takes care of these by providing an end-to-end solution that involves:

• Fabric & Design
• Costing & Sampling
• Production
• Transparency & Quality Check
• Quick, Safe Delivery

Not just that, this B2B marketplace also focuses on sustainable fashion by helping brands find verified ethical manufacturers that come with sustainability tags & certificates.

Bijnis

Bijnis is a B2B e-commerce marketplace that connects manufacturers, retailers, component suppliers, and buyers, especially in the footwear sector. The platform aims to empower the unorganized manufacturing sector by digitizing factories.

Bijnis enables factory owners to grow & scale by leveraging technology and making factories ‘smart’ and helps buyers by directly sourcing from factors removing friction in the purchase cycle. 

Factory owners can set up a profile instantly, and share it with verified buyers to get started with sales. In the future, Bijnis is also planning to provide credit facilities to customers, exporting assistance, and tools for optimizing operations such as inventory, cash flow, production, and wages. 

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From the moment a child is conceived until the time it leaves the nest, it is estimated that raising a child costs anywhere between Rs 1.5 and 2 crore. These are plannable spends, ranging from formula milk or diapers stocks to prams, baby seats and the list goes on.

FirstCry, which is India’s leading platform that offers a wide range of products for children from birth, has partnered with the SNBL platform Multipl to make childcare spending easier for parents.

Under the partnership, parents can invest through the Multipl app for buying things on FirstCry. By planning for their child’s upcoming expenses, they’ll save a good amount of money on these essentials. To participate, users will have to create a goal in the Rs. 20,000 to Rs 50,000 range, for 3-9 months on the Multipl app.

Multipl, a SEBI RIA, helps users earn investment returns from personalized mutual fund investments. FirstCry will co-invest with them to give 5% extra savings every month on their SIP amount. These co-investments can be used to avail of benefits at the time of purchase. That means, If a user invests and pays ₹10000 to FirstCry through Multipl, they can avail of a gift card worth ₹15000 and purchase any product.

On top of it, they’ll also earn returns on their investments.

Paddy Raghavan, Co-founder and CEO, of Multipl, said, ” We are very excited about this collaboration. It will help young parents plan the financial needs of their new-born. It offers great savings on frequently purchased items and also ensures users can get into the habit of saving for the future.”

For instance, if a user saves Rs 30,000 for 6 months, on a SIP of Rs 5,000 per month, they can get Rs 500 in market returns and Rs. 1,500 as FirstCry brand co-investments, thus offering net savings if more than Rs 2,000 in 6 months.

About Multipl:

Multipl is the worlds first Save Now, Buy Later” platform that allows users to invest money toward their lifestyle objectives. The company wants every Indian to live the lifestyle they want, enjoy life, and be stress- and debt-free. Paddy Raghavan, Jags Raghavan, and Vikas Jain, three entrepreneurs from Bengaluru, founded the company in 2020. Today, some of the leading investors, including Blume Ventures, GrowX Ventures, IIFL, and Kotak Securities, support it.

With more than 250K installs, this cutting-edge Indian FinTech app encourages deliberate consumption and avoids impulsive purchases. The organization has an internal investment research team with many years of experience in banking and stock investments. Using a Robo advising platform, Multipl generates a custom risk model for each customer before allocating their funds. The start-up adheres to its SFR philosophy, also known as the “safety, liquidity, and returns” paradigm. Users can either invest in various investment assets or directly save with a brand for their upcoming lifestyle expenses. They typically end up saving 5%-20% more on every purchase. 

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It’s now raised a $124M (€108M) Series C funding round led by growth equity firm Verdane, alongside existing investors Lifeline Ventures, Inventure, Reaktor Ventures, and TESI. This latest round brings the company’s total funding to over $171M (€149M).

In a statement, Sami Marttinen, Co-founder and CEO of Swappie said: “We truly believe that Swappie can drive consumer awareness and trust in the sector by standardizing quality, championing the role of sustainability, and making buying a refurbished smartphone as common as buying a used car.” 

The overall market for used and refurbished smartphones is forecast to grow at an annual growth rate of 10.23% between 2022 and 2027, with smartphones predicted to generate 146 million tons of CO2 emissions in 2022. If people keep their mobiles for longer it saves around 2 million tonnes of emissions, according to Swappie.

Janne Holmia, Partner at Verdane added: “As people and companies progressively move towards a more sustainable lifestyle, the iPhone refurbishment and re-commerce space has grown considerably, and with it Swappie, which has demonstrated the potential to become Europe’s market leader in refurbished smartphones.”

However, the race to conquer Europe’s electronics refreshment market is not quite finished just yet.

Last year, Refurbed, a European marketplace for refurbished electronics, raised a $54 million Series B funding led by Evli Growth Partners and Almaz Capital. It takes a slightly different approach, with 130 refurbishers selling through its marketplace.

Operating in Germany, Austria, Ireland, France, Italy, and Poland, the startup plans to expand to three other countries.

Other players in this space include Back Market, Swappa (U.S.) and Amazon Renew. Then there’s Rebuy in Germany. So plenty more competition to chew on

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But with the revolution of social media and the internet, reseller apps have come a long way beyond imagination. In today’s time, reseller apps are too popular and proven to be very successful, which is why they don’t seem to be fading away sooner.

‌‌In these reseller apps, people have the access to both buy and sell goods without any extra cost. The best thing that stands out with these apps is, here you don’t need to find any proper marketplace to buy or sell your product. Hence, this trend is excelling hugely.

‌‌However, depending on how many reseller apps may be available in the market, it is essential to choose a beneficiary one. Hence here is the list of the 20 best reselling apps:

Meesho

Meesho was established by two IIT Delhi graduates in the year 2015. Meesho was founded by Vidit Aatrey and Sanjeev Barnwal.

Features of Meesho App:

• Here one can be a reseller without any difficulty.
• One can choose a product from the collection and can suggest it to his group of people and if they like and buy it, he would get a commission for that.
• It is not limited only to this, but there are also a lot of money-making formulas present in this app.

GlowRoad

GlowRoad is a free reselling app consisting of almost 1 lakh high-quality products and over 100 categories for the wholesale market. It comprises sellers like boutique owners, college students, beauticians, etc.

Features of GlowRoad App:

• Here one can get everything starting from home décor items to beauty products to utensils and furniture and much more.
• It has more than 10 million downloads.

Shop 101

Shop 101 is India’s first original reselling site. They also provide home-based services and it all can be afforded within minutes of it.

Features of Shop 101 App:

• The uniqueness of the app is that it gives a special feature of multilingual options.
• They also facilitate a lot of very interesting cashback offers.
• One can get almost every product from here like clothing, electronics, or personal care, etc.

yaari

Yaari is a new-age social commerce app transforming the way India ventures into entrepreneurship by optimizing the use of social media platforms.

Shopmatic

With Shopmatic reselling app, One can create a friendly eCommerce within a couple of minutes, without any cost. You may also get a facility of getting 3% of the exchange esteem after completing a year in this app.

Features of Shopmatic App:

• One can make its eCommerce site here.
• The products are available at an affordable price and with better service.

Shopee

Dedicated towards women, Shopee is one of the best reseller apps for women’s products. It contains products like Kurtis, jewelry, home décor, and whatnot.

Features of Shopee App:

• The products are available at a very affordable rate and have a simple return policy.
• It contains an easy formality to start the business for the newcomers.

ResellMe

With a registered brand of more than a hundred, ResellMe is believed to be one of the best ones for reselling. It provides quite good quality materials and has a very good service also.

Features of ResellMe App:

• The interface of this application is very user-friendly and is easily accessible.
• The login process for this app is too easy and it contains a wide variety of articles.

The post Best Reseller Apps in India For Selling Or Shopping appeared first on The India Bizz Startup News Website.

The post Best Reseller Apps in India For Selling Or Shopping appeared first on The India Bizz Startup News Website.