Praneet Chandra
๐ค SpeakerAppearances Over Time
Podcast Appearances
So we go into people, we really see people are selling on Instagram, people are selling on Amazon.
We reach out to them, tell them like, hey, are you tired of paying commission or really worried about how do you really get started on this web journey, right?
And that is where we massively attracted.
We have used LinkedIn as our outbound sales channel and generating lots of revenues with that.
so the power that we run is because we are building this decentralized network on a protocol that is uh backed by a semi-government organization right it's becoming a decentralized network so we are getting more and more buyer apps on the platform right it's called as ondc if you would research if you would read about it it's called open network for digital commerce so we are building on top of it so it means other buyer apps
would have incentive to even showcase our seller products.
So you literally break commerce into two parts.
One side, you've got a seller app where sellers are putting their catalog and everything and the buyer apps are really giving the discovery piece for people to really read through the data and open up this whole platform.
So your whole thing around finders fee could literally be reduced because the whole network is now leveraging the sellers on the network as such.
So we are one of the first early adopters for it.
Yeah.
So last month, the total GMV that I have to convert is roughly 30,000 US dollars.
That was a GMV that came in.
Sorry, I had to just convert them from rupees.
Yeah, so we do not charge any commission on people.
We are like a flat subscription as such, right?
So that's where we really make it.
And all the money directly goes to our sellers, right?
Directly goes to sellers.
We use the payment gateways.