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11-50
Noida
India , 2023
Noida
Buzzaar is India’s 1st Full-Stack Retail-Tech Platform for mom & pop stores offering Shelf Space Rental as a Service (Direct-2-Retail for Emerging D2C Brands), Delivery-as-a-service for stores(enabling on-time on-demand home delivery), and Atomic credit solutions.
Buzzaar endeavors to construct comprehensive templates to facilitate the launch and expansion of new brands, utilizing a diverse array of mediums and growth channels including store shelves, in-store campaigns, offline campaigns, and digital platforms such as Instagram and Facebook reels and posts. Our overarching objective is to accelerate brands' access to their target audience in a cost-effective manner, driving both attention and tangible sales outcomes.
Brand Revenue: *Shelf Rental Fees : 8-10% pm of rent *Commission on goods sold : 5-8% Store Revenue: *Home Delivery Service Charges @ ₹8/transaction + Delivery charges (actuals) Add On Services for Stores + Brands: *Data Analytics (Merchant App - Stores & Brands) *Online store promotions - store-level, SKU level promotions (via consumer app) *ISDs for Brands, Promotion/Campaign management
Africa (excluding North Africa), India, Latin America, Middle East & North Africa, Southeast Asia
SaaS
B2B2C
*There's significant opportunity in D2R model for emerging Brands & Manufacturers. Direct competitor is Ofscale, Indirect competitors are eB2B players like Jumbotail, Udaan *There's significant gap in delivery-as-a-service for Retail. Companies either operating as hyperlocal players for Brands, Ecom, Qcom like ShadowFax, Loadshare, Zypp Electric, Xpressbees etc or operating as consumer focused catalogue based platforms like Dunzo, Kiko Live, ChattyBao
Tell us a bit about how founding team knows each other.
Saahil started the journey of building Buzzaar. He met Abhishek through a common contact, Abhishek was previously a part of an agritech startup, and was looking to build in retail. They instantly hit it off and after spending 2 months talking to each other, finally decided to form the company and build it officially. They both met Sumit through Akshat, advisor to Buzzaar. With lot of synergies in place and love for the idea, Sumit joined the team, bringing valuable distribution experience.
Why did you decide to start this company?
We identified a critical gap in the retail market and recognized the immense potential for innovation. With our combined expertise and vision, we founded Buzzaar to disrupt the industry.
Are all the founders full-time on this project?
Yes
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