Vaada is Cashless Local Shopping Network of Local Shopkeeper & Retail Business, where they can indirectly barter goods & services on mutual credit. Vaada enables indirect bartering by reconciling and settling the accounts.
For Retail Business Owners, who have to continuously prioritize their spending, Vaada provides instant cashless access to goods & services through indirect bartering. Unlike credit cards or loans, our product does not charge interest or late fees and penalties
Startup Description
The co. was formed for DPIIT reg. and issuing shares to our incubator 'STPINEXT Initiatives', an AIC for CoE from STPI under FinBlue. I’ve 25 yrs of experience in sales, branding, marketing, operations and management from various industries. My friend and COO also carry equal experience & we both currently run businesses individually. We have a senior developer as Chief Technical Consultant with over 10 years of experience in wallet & transaction application.
Product Screenshots
Business Model
* Imagine If you are a shopkeeper and you can walk into any local shop and buy goods or services that you and your family need without cash by using your ‘shop’s credibility. You can pay later by selling them your goods & services. A Simple Indirect Barter Enabled Through a Powerful Barter Bookkeeping App.
* Vaada is an indirect barter network of local retail businesses that works using mutual credit. The application keeps track of all the barter trade transactions and settles the account.
Customers
based in
India
Business
Modal Type
Mobile App
Type of
Sales
B2B, B2C
Competitors
BNPL and Micro Finance
Teams
Himanshu Soni
Director, Founder & CEO
Bhavin Pandya
COO
Vijay Krishnamurthy
Stanford Seed Spark Mentor
Preetham Hegde
Chief Technical Consultant
Dr Jignesh Soni
Guide
Hemali Soni
Administrator
Tell us a bit about how founding team knows
each other.
Himanshu is the founder, Bhavin is a friend & business associate, Jignesh is the brother, Hemali is his wife, Preetham is a batchmate from Stanford, and Vijay sir is a mentor from Stanford.
Why did you decide to start this
company?
To build something scalable and as a mission to do something big that can impact millions and leave a mark.
Are all the founders full-time on this
project?
No
Looking for an
opportunity to invest in companies
like Vaada?
