Fastest growing e-shopping portal of India : JABONG.COM

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Designers and retailers are opting for the “e” route to sell their wares. It saves on the high real-estate and operational costs of brick-and-mortar stores. Joining ranks with successful shopping portals such as www.flipkart.com, www.juvalia.in and www.perniaspopupshop.com is 10-month old www.jabong.com which stocks over 700 brands such as Ray-Ban, Calvin Klein, Nike, Clarks and Carlton London. Manu Kumar Jain, the website’s co-founder, unveiled a collection of VS-319 bats earlier this week, commemorating Virender Sehwag’s score of 319 runs against South Africa in 2008 — which will be sold exclusively through Jabong. 

 Jabong.com is an Indian Online fashion & Apparel store funded by Germany based incubator Rocket Internet. Jabong.com deals with apparels, footwear, jewellery, beauty products, Fragrances, Home Accessories and a few other varieties of products. Jabong has a well-maintained warehouse in approx. 1 lakh sq. feet area. The store at present has over 200 brands and 20,000 products and office in gurgaon it is upcoming fashion megastore Tagged as "Delivering lifestyle", Within 4 months of launch of operations, the company has over a million page views daily with more than 160,000 unique visitors which has taken the company to Rank 58 in Alexa rankings in India, leading to about 82,939 registered users in 5 months. Jabong offers express delivery with multiple methods for payment including credit/debit card, net banking and cash on delivery. The cash on delivery payment model is very significant in India, as people would like to see the product before making a purchase.

Here is an interview of the co-founder of the company 
 
Have you tracked the web traffic on Jabong? How much of this translates into actual transactions?
I can’t divulge sales figures but as per the latest Com-Score report of September 2012, Jabong has recorded the second-highest web traffic (and the highest in the lifestyle domain) amongst all Indian e-commerce companies. The first, naturally, was Flipkart. But we [Jabong] were very close. Among all our items, shoes and apparel sell the most. 


Why would a customer visit an online shopping portal instead of an offline one?
Every customer wants to browse through and purchase lifestyle brands, but not everyone has access to high-end malls. ‘E-tailing’ gives customers that opportunity without stepping out of their offices or homes. Moreover, customers can compare brands, colours and products with an easy click. Also, online shopping saves time and fuel!


Who is your target customer?
Anyone who is lifestyle and fashion-conscious. When we started operations, most of our revenues came from metropolitan cities like Delhi, Mumbai and Bangalore. But in the last few months, we have seen a huge traffic from tier-II cities which now form a significant part of our revenue, mostly because they don’t have access to big brands. In fact, I came to know about a customer from Kadapa in Andhra Pradesh who wanted a specific brand, size, style and colour of a shirt — simply because he had seen a sportsman wearing it. He had the purchasing power and exposure to the brand. But to buy it, he had to travel for hours to get to the nearest retail outlet. And so he logged on to Jabong.


How do you track customer satisfaction and feedback?
During preliminary research, we found out that the one thing customers were most weary of was the long waiting period to receive their merchandise. They simply lost interest. So, we promise timely delivery across the country through our in-house shipping system. For instance, if you place an order at noon from Delhi, we will deliver it the same day. For other cities, it might take a little under 48 hours as long as you order before six in the evening. To gauge customer satisfaction, we conduct surveys regularly and have set up a team to analyse the results. At times, we call customers randomly to ask about their experience or conduct in-depth interviews with some. If need be, we also outsource the work to a market research agency.


one of ours customer said about us "Love that the delivery as well as the follow-up by email regarding exchange were so prompt ! There was never a situation where I was kept waiting for the reply from the customer-care, keep it up ! And for people like me who may not be able to take calls on my mobile for most of the day, such prompt replies on e-mail are a blessing, keep it up Jabong ! :) Your site is awesome ! So much of variety , I mean the collection of products ! Even in the footwear there are so many available ! That’s great !   Rest it’s good ! :) I like to shop more from Jabong everytime I have time to go and explore onlineI am highly pleased with the professionalism shown by Jabong.com in shipping my orders incredibly fast, that too all the way from Gurgaon to Bangalore. I got my hands on the products in less than 24 hrs which compels me to return to them for my future shopping as well. Well done Jabong.com. Way to go :) "

For an online portal, visual presentation is key. How do you ensure the brands who collaborate with you are kept happy?
We provide seven different shots of each products — zoomed in and out, with and without a model — to help the customer make the right choice.


Is e-commerce the way forward for designers and retailers alike?
I hope so, else I am in the wrong place! [Laughs]. Online shopping has become a new fad among the masses because of benefits such as safe transactions, flexible payment options such as cash on delivery, return policy and attractive offers during festive season.


Jabong was found in year 2011; it’s a young and vibrant company with about 800 employees. The new venture will be spearheaded by a founding team of three highly educated and experienced entrepreneurs Lakshmi Potluri, Arun Chandra Mohan and Praveen Sinha. Jabong.com was co-founded by Manu Kumar Jain.

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Posted By Sundeep aka SunTechie

Sundeep is a Founder of Youth Talent Auzzar, a passionate blogger, a programmer, a developer, CISE and these days he is pursuing his graduation in Engineering with Computer Science dept.
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Ubono(TeleComm. Company) founded by Jyotirmoy Chakravorthy and they provides voice recognition tool

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Few days before, I was reading an article about voice recognition tool, I come across with the name of UBONA Company. So I searched about it and found that ‘last year, Ubona Technologies of Bangalore was awarded No. 1, with revenue growth of 1,353%.’ This is judged by Deloitte India at the program of ‘The seventh Technology Fast 50 award’ which was held on 21 October 2011 at Bangalore. This excites me to know more about this company.

And found this on their site about  them ‘Ubona Technologies, a Bangalore based Technology Company founded in 2007,  was set up to address the barrier of adoption of value added telephony by enabling discovery and interaction possible with the simplest possible phone model. The team at Ubona foresaw a world where getting information and interacting using phone is easy, quick, useful and enriching for everyone. Through its comprehensive suite of value added telephony enabling technologies and the continuous endeavor to create more, Ubona is all set to realize the dream of making value added telephony consumable by masses.

Ubona specializes in Pattern Recognition and Search Technologies – which includes Speech Recognition, Music Fingerprinting technologies and large scale search algorithm, and use these technologies to provide Search and Discovery of music to people in India using a basic mobile phone. Ubona powers music VAS services in most of the leading Operators in India.’

Ubona is a company that targets service providers and helps them adopt Value Added Services (VAS) for millions of their customers. Their very first idea was to develop a voice recognition tool and use it to locate and connect to restaurants, businesses etc without actually knowing the number. For Bangalore, developing a ‘Foodie Hotline’ – where one just needed to say the name of a restaurant and get connected to it, was one of the initial milestones of the company.

The live wire of Ubona’s service is its state of the art speech recognition platform. The speech recognition platform is completely in-house developed and uses a paradigm different from the prevailing methodologies. At Ubona, speech recognition is performed using our own architecture and algorithms.

You know their name (Ubona) is unique and different, the story behind this is ‘Ubona means ‘to hear’ in Swahili, but more importantly they had selected it because they wanted to have a five letter word which sounded unique, easy to pronounce and spell’.

Founded by Jyotirmoy Chakravorthy(Assam Engineering College) who has a massive 22 years of experience in companies like Wipro and eCapital under his belt, and his team are Umesh Singhal (CSE-93), Vishal Lal (EEE-98) and Anshuman Purushottam (MIN-99), Giridhar Shanbagh(University of Mysore)and Shishir Mittal work as a Software Analyst. A vibrant group of innovators, dreamers, and technologists, team Ubona is a potent mix. With an impressive set of patents under their belt, the team is all about making the world simpler through technology.

 Ubona relies on keeping its products dynamic and ever-changing including conceptualizing new services on their platform and demonstrating them to their customers. They continuously change and keep the services afresh so that consumer’s interest is always alive.



Latest achievement of Ubona is ‘Tata Sky partners with Ubona Technologies to launch voice activated service.’ Tata Sky Ltd., the joint venture from TATA and STAR in partnership with Ubona Technologies, a leading provider of speech recognition solutions for businesses and consumers in India, today announced the launch of yet another unique innovative Interactive Voice Response (IVR) application being used exclusively by Tata Sky at their call centre facilitates to support the huge demand from its subscribers this festive season. The Ubona's system offers a seamless experience and highly reliable speech recognition to subscribers. It is tailored specifically to the Indian context where people speak in multitude of languages, accents and dictions. The system will help the Tata Sky subscriber reduce the unnecessary waiting period while booking for value add-on packages or the popular Showcase movies. Once the subscriber dials in at the Tata Sky helpline, the subscriber now has an option of the Ubona IVR service which guides him through the process of choosing the required service. Additionally the system provides information on the monthly charges before adding the package and is also equipped to check for balance in the subscriber's account. Alternatively the subscriber also has the option of speaking to the Tata Sky customer care executive directly for additional information.
In an interview Jyotirmoy Chakravorthy(CEO of Ubona) speaks about  challenges faced by his company and that are Creating the technology, evolving the business model, getting the first customer and making the product a success provide a glimpse of what Ubona has been through. ‘As a company one advantage they have is that they owing to the domain they operate in, anything which makes business sense, is and needs  to be inherently scalable’, this  informs Jyotimoy in a interview of him.

And now after knowing Ubona I can say that Ubona Technologies was set up to address the barrier of adoption of value added telephony by enabling discovery and interaction possible with the simplest possible phone model. The team at Ubona foresaw a world where getting information and interacting using phone is easy, quick, useful and enriching for everyone. Through its comprehensive suite of value added telephony enabling technologies and the continuous endeavor to create more, Ubona is all set to realize the dream of making value added telephony consumable by masses.

Being among only a few companies in the world to have a speech and music recognition product in the larger consumer environment can be looked at as an early achievement, and a sign of bigger things to come.


Thanks Rupanjali for this post 

India's youngest CEO and Co. President? PROUD ON INDIA'S GEN-NEXT

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Meet Shravan Kumaran and his younger brother Sanjay Kumaran – two of the youngest promoters of a company. Aged only 12 and 10 respectively, Shravan is the Co-Founder and President of Go Dimensions while his brother is Co-Founder and CEO.

When most adults have trouble understanding Java code, these two kids have used the code to build mobile applications. The brothers have together developed four apps for the Apple Store, which have been downloaded more than 10,000 times from 20 countries.

Clad in grey suits and ties, these two highly-confident children demonstrated their apps to the media, on the iOS and Android platforms, for games, education and entertainment.

Students of Vaels Billabong High International School, both Shravan’s and Sanjay’s interest in computers started early at home when their father got them a desktop computer. Starting with Paint and games on the PC, the two started to make presentations at school and teachers encouraged them to do more. That’s how they turned into mobile app developers.

In the CatchMeCop game application, a convict escapes from prison and there is a nationwide hunt for the convict. The convict has to run through a desert, a beach and a maze to outsmart the cops. There are multiple levels of this application, which saw nearly 2,000 downloads in the first month of development. In fact, tech media Web site CNET has reviewed this application too.

The other three applications are Alphabet board, a learning app for the iPhone and iPad; Prayer Planet (for religious prayers of various communities) and Colour Palette, a learning app for kids to learn colours.

The apps are free for download, says Shravan. The company will make money on advertisements in their apps, he said.




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Posted By Sundeep aka SunTechie

Sundeep is a Founder of Youth Talent Auzzar, a passionate blogger, a programmer, a developer, CISE and these days he is pursuing his graduation in Engineering with Computer Science dept.
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OfferBean.com : Focused on delivering the best consumer experience in online shopping

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http://www.offerbean.com/ is E-Commerce Startup in social deals & products. Upto 90% Discount, Daily Deals.




E-commerce is the big thing these days. And come to think of it there are hoards of companies, big and small, joining the bandwagon every tenth day. Opportunities are immense, challenges stiff and the market unpredictable but the craze is growing. It’s actually painting the town red.
While most of these start-ups are from tier 1 cities of Mumbai, Delhi or Bangalore, the latest one to enter the rat race is Offerbean, from a tier 2 city. The online shopping portal offers discounts, offers and daily or limited period deals. While it has pretty much what other e-commerce companies have in offer, the interesting feed is that the start up is from Jaipur, a city where most of its traders are offline retailers. The founders Abhishek Sharma and Ritesh Khandelwal belong to a small town in Dausa, Rajasthan.

The company has tied up with more than 100 of suppliers and growing their supplier’s network monthly.  Offerbean.com selling all big brands on their online shop like Dell, Samsung, HCL, Apple, Lenovo, HP, Espirit, Fastrack, Funskool etc. and working hard to tie-up with more large consumer companies to increase their portfolio. Their rich experience, customer centric approach, dual flexibility and fastest delivery track record makes them stand apart which gives an edge over others to deal successfully with real time challenges of online shopping. At the same time, they would also like to sense opportunities in the Indian Retail sector, as Indian market can see some Government policy shift.
Offerbean core team members are from IIT’s, IIM’s and have rich experience of entrepreneurship in retailing solutions business. Offerbean team is present in 12 major cities and working hard to deliver the best customer experience to their existing and new customers. And like any startup, they all work from customer support, business development to logistics.
Company officials believe that to sustain long term in the market, they have to develop their own logistics & delivery system in coming years to achieve the profitability and have plan to share these services to other players also through their “Resource Sharing Program” & “Vendor Education Program”. Company core strength is dedicated customer service and implementing corporate culture in the organizations, which helps them to acquire the large customer base.  Offerbean believes that customer service is first for them and doing number of different ways to improve the quality of service day by day. Offerbean aims to use power of internet & technology to provide best platform to their customers, vendors, partners & promoters. Offerbean is aiming to grow as #1 technical & service oriented company in eTail Business.
Offerbean is Co-Founded by Abhishek who graduated from IIT Delhi with a Degree in Computer Science & Engineering and has experience of 3+ years of working with many startups like flipkart, globrin, emriq etc.. He takes care of Technology, Marketing, Customer Satisfaction and Corporate Division of OfferBean.







Official website 

OfferBean Facebook page

To know more about Founder click here  


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BootStrapToday: INTELLIGENT WORKSPACE FOR SMART TEAMS

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