Ever felt the frustration of trying to buy supplies for your business in bulk, only to face endless hurdles and delays? Say hello to NeediBay®, the game-changer in B2B quick commerce! With its lightning-fast delivery and seamless ordering process, NeediBay® is revolutionizing the way small and large businesses source their materials.
Meet the Founders:
Meet Arojeet Saha and Aman Gupta, the dynamic duo behind NeediBay®. Hailing from humble backgrounds in Jamshedpur and Munger, these two entrepreneurs joined forces after a serendipitous encounter at a startup in Bangalore. With backgrounds in technology and finance, they set out on a mission to simplify bulk buying for businesses across India.
The Story of Business:
NeediBay’s journey is a journey of perseverance. From being kicked out of a rented apartment to struggling to secure office space, the founders faced numerous challenges along the way. But their unwavering determination and commitment to sensible spending saw them through the tough times. Despite hitting rock bottom, they bounced back stronger, growing from a modest 10 lakh monthly business to a thriving enterprise with monthly sales exceeding 4 crore INR.
Business Model:
NeediBay operates on a B2B model, connecting manufacturers with bulk buyers through its tech-enabled platform. By streamlining the vendor discovery and order fulfillment process, NeediBay® ensures a seamless and efficient experience for its customers.
Revenue:
With order-level margins driving its revenue, NeediBay® has achieved impressive financial success, with monthly earnings surpassing 4 crore INR.
Vision:
Driven by the motto “Apke Business ka Real Sathi,” NeediBay® aims to become the go-to platform for businesses seeking reliable and efficient bulk purchasing solutions. Their vision is to involve every manufacturing partner in India, creating the largest B2B company in the world.
Valuation:
With a jaw-dropping valuation of 100 crores INR, this startup is not just making waves in the B2B landscape but also catching the eye of investors far and wide. From its humble beginnings to its meteoric rise, NeediBay®’s valuation is a testament to the hard work and dedication of its founders, Arojeet and Aman. With each milestone reached, the valuation of NeediBay® serves as a reminder of the incredible journey this startup has undertaken, fueling its mission to revolutionize bulk buying in India.
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Bootstrapping to Profitability:
What’s the secret behind NeediBay®’s success? It’s simple: bootstrapping to profitability. Despite facing numerous challenges along the way, including financial setbacks and logistical hurdles, Arojeet and Aman remained steadfast in their commitment to building a sustainable business. By keeping costs low and focusing on revenue-generating activities, they managed to turn NeediBay® into a profitable venture in record time. Their story is a shining example of grit, determination, and the power of perseverance in the face of adversity.
In a world where time is money, NeediBay® stands out with efficiency and reliability. With its innovative approach to B2B commerce, it’s no wonder that businesses across India are turning to NeediBay® for their bulk buying needs.
Ready to revolutionize your bulk buying experience? Join the NeediBay® family today and experience the future of B2B commerce firsthand!
Frequently Ask Questions (FAQs)
1. What is NeediBay®?
NeediBay® is India’s first B2B quick commerce platform, simplifying bulk buying for businesses.
2. How does NeediBay® make revenue?
NeediBay® earns revenue through order-level margins on its platform.
3. Who are the founders of NeediBay®?
Arojeet Saha and Aman Gupta are the co-founders of NeediBay®, bringing their expertise in technology and finance to the table.
4. What sets NeediBay® apart from others?
NeediBay® offers a seamless and efficient ordering process, connecting manufacturers with bulk buyers in record time.
5. Who is the target audience for NeediBay®?
NeediBay® caters to small and large businesses looking for hassle-free bulk purchasing solutions.
6. What is NeediBay®’s vision?
NeediBay® aims to become the world’s largest B2B company by involving every manufacturing partner in India.
