AskmeBazaar
| File:Askmebazaarlogo.png | |
| Private | |
| ISIN | 🆔 |
| Industry | Internet |
| Founded 📆 | 2012 |
| Founder 👔 | |
| Headquarters 🏙️ | Gurgaon, Haryana, India |
Area served 🗺️ | India |
| Services | E-commerce (Online shopping) |
| Members | |
Number of employees | |
| 🌐 Website | www.askmebazaar.com |
| 📇 Address | |
| 📞 telephone | |
AskMeBazaar is an online marketplace founded in 2012. It is based in India and sells products across varied categories including lifestyle, fashion, home décor, electronics, auto and sports and health among others. It works on the concept of what it calls a marketplace, connecting the buyers and sellers at one place. The e-commerce player is owned by Getit Infoservices Private Limited and follow a vendor-managed inventory model. As of May 2016, the online marketplace operated in 50 cities with a yearly Gross merchandise volume of approximately $800 million.[1]
Background[edit]
AskmeBazaar was started by founder and CEO, Kiran Murthi, an alumnus of Indian Institute of Technology Madras and Indian Institute of Management Bangalore.[2]
The product portfolio of AskmeBazaar ranges across categories like home and office, grocery, medical equipment and furniture.[3] The firm has siblings like online grocer AskmeGrocery for fresh grocery, AskmeFresh for perishable grocery,[4] AskmeMeds for pharmacy products, and AskmePay, an online wallet, owned by the same parent company.[5]
Funding[edit]
Ananda Krishnan's Astro Malaysia Holdings, a media and entertainment holding company located in Malaysia has been the chief investor for the E-commerce firm. In February 2016, AskmeBazaar planned to raise the second round of funding and had approached Chinese giant Alibaba Group and Chinese web services giant Baidu.[6]
References[edit]
- ↑ "Askmebazaar targets break-even this year". The Financial Express. 18 May 2016. Retrieved 20 May 2016.
- ↑ "Q & A with Kiran Murthi – The rise and rise of Askme". The Free Press Journal. Retrieved 20 May 2016.
- ↑ "AskmeBazaar Upbeat on Hyperlocal: Clocks $1mn Worth of Daily Transactions!". The Financial Express. 3 November 2015. Retrieved 20 May 2016.
- ↑ "Askme to take expand online grocery ops to 40 cities". Daily News and Analysis. 16 May 2016. Retrieved 20 May 2016.
- ↑ "AskmeBazaar to launch marketplaces for food delivery and medicines". The Economic Times. 12 April 2016. Retrieved 20 May 2016.
- ↑ "AskmeBazaar in talks with Alibaba, Baidu to raise $200 mn". Business Standard. 24 February 2016. Retrieved 20 May 2016.
External links[edit]
This article "AskMeBazaar" is from Wikipedia. The list of its authors can be seen in its historical. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.
