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Shopmatic launches in India, targets to achieve 1 million mark by next year

  • Singapore based e-commerce SaaS company, Shopmatic, has commenced
    its operations in India. The company aims at facilitating the offline
    businesses to bring its business online,
    exchange4media
    said in a report.
    • Singapore based e-commerce SaaS company, Shopmatic, has commenced
      its operations in India. The company aims at facilitating the offline
      businesses to bring its business online,
      exchange4media
      said in a report.
    •  

    •  
    • The company aims at achieving the 1-million customer mark by 2016.
      It focuses mainly on the sellers who are into offline business mode, and wants
      to extend its business online. It will also be helping out these sellers to
      set-up the required infrastructure right from developing web store, to listing
      business on market places and social channels. 
    •  
    • Earlier this month, Shopmatic had roped in Ogilvy and Mather’s
      Shehnaz Bapooji as its Chief Marketing Officer.
    •  
    • On the functioning of Shopmatic, CEO Anurag Avula said, “Our
      proposition is that we give you an entire ecosystem. And, when I say entire
      ecosystem, I mean we give you your individual identity on your website and also
      help you list on the multiple market places. We are actually complimenting the
      entire ecosystem base today in terms of the help that we provide the sellers to
      sell stuff online. So, we are different, there is nobody like us in the market
      now. So, there is really no competition there in that sense.”
    •  
    • Customers of this service would be able to avail it at a monthly
      subscription fee, after the one-month free trial that the company is offering
      expires.
    •  
    • “What we do is if you have a product to sell you can sell it on your
      website, and also list it on marketplaces say Flipkart, Amazon or e-bay and you
      can also have it on social media. So, what happens is you have multiple
      channels to sell your product, and you also have payments to able to ship your
      products, all integrated within the same platform. Apart from that, we also
      have insights, analytics for you to sell better, sell more,” he said.
    • The company was founded by Anurag Avula, Yen Ti Lim and Kris Chen in
      December, 2014. Based out of Singapore, the company also has offices in Gurgaon
      and Bengaluru.
    •  
    • On the Indian market potential, Yen Lim, COO and Founder, Shopmatic,
      said, “Indian market right now is extremely exciting. I feel India has got an
      immense entrepreneur spirit. And, I see that growing by manifolds especially in
      the e-commerce space… I see it as great opportunity two ways, for us as well as
      for the people, entrepreneurs who want to sell their products online.”

     

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