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India , 2022
Indore
A dedicated marketplace for Indian electronic and electrical goods.
A dedicated marketplace for Indian electronic and electrical goods.
Uoons, an e-commerce market player in India. Market Model: Seller Commission: Uoons acts as a platform connecting sellers with buyers. They take commission on every sale made through their platform. This is their main revenue stream. Convenience Fee: Uoons offers various delivery options, including fast delivery for an additional fee. This convenience fee adds to their revenue. Advertising: Uoons sells advertising space on its platform to brands and companies looking to reach their huge customer base. This can be in the form of banner ads, sponsored products, or premium placement.
India
Marketplace
B2C
Moglix
CEO
CMO
CTO
Tell us a bit about how founding team knows each other.
Suraj, my younger brother and one of the co-founders of our venture, shares a deep bond with me and our friend, who is also a co-founder. Our relationship is based on over 15 years of friendship and family ties. Our strong friendship and deep understanding of each other's strengths and weaknesses has created a solid foundation for our collaboration in both business and personal endeavours.
Why did you decide to start this company?
We had planned to enter this sector for a long time. The lockdown allowed us to dedicate ample time to R & D. Making good use of this time, we laid the foundation of our company in 2022.
Are all the founders full-time on this project?
Yes
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