Eric Yuan, Zoom meeting app’s founder and Silicon Valley’s leading venture capitalist, Bill Tai have invested an undisclosed amount in retail-tech firm Arzooo.com. Arzooo is a vertical e-commerce player and world's first intelligent platform for home electronics and appliances. In 2019 Amazon posted over $280 billion in revenues and over $11.5 billion in net profits. Its reach will cover almost 700 offline stores and dealers throughout the country along with the online ones on the company’s site. To know the revenue model for startups read this article. Previously, he was with Flipkart as an associate director where he started large … The retail-tech startup Arzooo on Tuesday announced it has raised $7.5 million in Series A funding led by WRVI Capital. Business And Advertising. “The Arzooo team has a deep understanding of India’s consumer market for high value goods and has a grand vision of expanding this segment in the country. Investments Arzooo Raises $1M To Expand In India. To have an e-commerce disruption coming from India is very exciting and empowering. Arzooo go store is India’s fastest growing Integrated retail technology platform, Powering thousands of consumer electronics stores with it’s technology and growing fast. It has recently moved from an Amazon and Flipkart-only sales model to an integrated model, partnering with Arzooo, a B2B retail-tech startup, for offline sales. Khushnud has spent over 10 years working with brands like Tata Sky, IFB, and Videocon. Business-to-business (B2B) retail tech startup Arzooo.com has raised $7.5 million in Series A funding round led by WRVI Capital. They are making good inroads with their unique business model. Founded by two former Flipkart employees, Khushnud Khan and Rishi Raj, Arzooo.com virtually exploded into India's e-commerce ecosphere in July 2017, with their unique reverse auction model … Arzooo.com, India's fastest growing retail technology venture, powering physical retailers to compete and grow against their online peers, has raised USD 1 Million Pre-Series ,a funding led by Jabbar Internet Group, that founded Middle east's To know the revenue model for startups read this article. Funding Galore. Arzooo - Business Model and Revenue Model Arzooo - Startup Launch Arzooo - Startup Challenges Arzooo - Future Plans Arzooo - Funding and Investors Arzooo - Recognition and Achievements. Amazon has a diversified business model. Business Model: A business model is a company's plan for how it will generate revenues and make a profit . Arzooo.com is a B2B commerce platform enabling Retail Stores with It’s technology platform, Arzooo go store. Arzooo has raised $7.5 Mn in Series A funding led by WRVI Capital. Returning investors 3Lines Venture Capital, an undisclosed investor based in the US and Dubai-based Jabbar Internet also participated in the round, the company said in a statement. “Because of our right partnerships and Innovative business model, we were not just competitive with our prices, but were able to offer prices better than large horizontal e-commerce companies,” adds Khushnud. About Arzooo and How it Works. Read more about Arzooo.com raises Pre-Series A funding of USD 1 million on Business Standard. Note: We at Inc42 take our ethics very seriously. Arzooo focuses on planned purchases or high-value goods typically in the price bracket of Rs 10,000 - Rs 10 lakh. To have an e-commerce disruption coming from India is very exciting and empowering. Apr 13, 2020 - How does your startup generate revenue? From DTH to Tablet PC to e-commerce, Khushnud has been part of some of India’s most path-breaking business journeys and played a pivotal role in their growth. Check out this List of Top Startups in Bangalore | Best Bangalore Startups. B2B retail technology startup Arzooo, based in India, secured $7.5 million in Series A funding, The Economic Times of India said this week. Founded by ex-Flipkart colleagues and IIT Kharagpur alumni Kushnud Khan and Rishi Raj Rathore, Arzooo … Jabbar Internet Group was the parent of Souq.com, an e-commerce marketplace … "The Arzooo team has a deep understanding of India's consumer market for high value goods and has a grand vision of expanding this segment in the country. Based out of Bangalore, Arzooo.com is the brainchild of Khushnud Khan and Rishi Raj. With a master's in Fashion and Technology from Paris and Milan, Sanchita is the creative director of Sanfab India Pvt Ltd. A workshop with Issey Miyake, research on Indian heritage textiles, experience with Romeo Gigli and Lee McQueen has enabled her along with her brother to set-up a European business model. Dino is an actor, model, and film producer who also turned entrepreneur with investments in multiple business ventures. Arzooo.com, a business-to-business e-commerce platform launched by two former Flipkart executives, has raised $1 million (Rs 7 crore at current exchange rate) in its pre-Series A funding. Online stores contributed to over 50% of Amazon revenues, followed by Physical Stores, Amazon AWS, Subscription Services, Third … On Arzooo's platform, a customer can ask for the price of a particular product by providing a product code/model ID or copy-pasting a link from other e-commerce websites. Explore. Zoom's Eric Yuan, top Silicon Valley VC invest in retail-tech firm Arzooo Business Standard ... Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. The new solution enables a retailer to reach out to customers and sell consumer durables even as their stores are temporarily closed in the wake of COVID-19 pandemic and a nationwide lockdown. Following is one of our latest projects - Project: www.bagyourseat.com Category: Airline Reservation System Business Model: B2B & B2C XML Integration: Arzoo XML / API Bagyourseat.com is a travel meta search engine, following three steps – search : compare : book. B2B eCommerce platform Arzooo has raised $1 million (around Rs 6.95 crore) in a pre-Series A round of funding. Arzooo - Retail Tech Platform Empowering Small Retailers in Electronics Space! 4 min read Early 2017, we started out to build a vertical commerce platform for Home Electronics , aimed at solving for … Design . The new solution from Arzooo helps a retailer to reach out to customers and prospects and to sell consumer durables, even though their shops are temporarily closed due to the aftermath of the COVID-19 pandemic and a national lockdown. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. One startup that has understood this requirement quite precisely is Arzooo.com. We became the must visited website of Top IT News, vendors, Top IT Professionals, solution providers, CIOs and CEOs of Indian enterprises. VARINDIA - India's frontline IT Magazine, provides the real time IT News. Arzooo. New Delhi [India], May 24 (ANI): Bangalore-based Arzooo.com on Thursday announced securing Rs 1.5 crores in a seed round of funding from Omphalos Ventures India. The round saw participation from investors 3Lines Venture Capital, and UAE’s Jabbar Internet Group and others. Every startup builds business models for startups that promise huge returns after a precise time frame. B2B retail-tech startup Arzooo.com has announced the launch of 'Retail-from-Home' solution for retail brick-and-mortar stores. The body will also extend advisory to the bank on the business model. They are making good inroads with their unique business model. We, at Omphalos Ventures, are proud of our association with such a game changing … It explains what products or services the business … This model will soon be available acoss over 350 cities in India via the Alpha Vector’s business network. The round was led by Dubai-based Jabbar Internet Group and a consortium of investors from India and the United Kingdom (UK). She shuttles between Europe and India, is chairperson for the IICCI, … The company recently launched a software-as-a-service business called Hotel Superhero, under which it offers a cloud-based hotel management software for independent hotels and hotel chains. 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