2021
Delhi (India)
Seed
BizUp is a leading B2B online wholesale platform . Operating in the ecommerce and wholesale distribution industry, BizUp has quickly established itself as a premier wholesale shopping app, catering primarily to the Indian market with a strong presence in Delhi and ambitions to serve retailers, wholesalers, and manufacturers nationwide.
BizUp App: A user-friendly mobile platform enabling seamless wholesale transactions for retailers, wholesalers, and manufacturers.
Extensive Product Catalog: Offers a wide range of categories, including electronics, apparel, groceries, and home essentials.
Direct B2B Connections: Facilitates direct transactions between wholesalers, manufacturers, and retailers, eliminating unnecessary middlemen.
Flexible Payment Solutions: Only 20% payment required at order booking, with the balance payable in cash upon delivery.
Quality Assurance: Orders are verified by a BizUp inspector, with live packing and the option for a full refund if unsatisfied at the time of packing.
Hassle-Free Returns: Quick returns and refunds within four days for incorrect or unsatisfactory deliveries.
BizUp operates a commission-free model, setting it apart from many traditional B2B platforms. Instead of charging transaction commissions, BizUp’s monetization is likely driven by alternative revenue streams such as:
Value-Added Services: Fees for premium listing, advertising, or promotional placements within the app.
Logistics and Fulfillment: Potential margins on delivery, packing, and inspection services.
Payment Processing: Possible small fees for enabling flexible payment solutions or cash-on-delivery services.
Subscription Plans: Future opportunities may include membership tiers for advanced features or priority support.
Primary Revenue Sources
Ancillary services (e.g., logistics, quality assurance)
Premium features or promotional tools for wholesalers and manufacturers
Potential partnerships with financial service providers for payment facilitation
Market Expansion: Scaling from Delhi to other major Indian cities and regions.
Product Innovation: Continuously enhancing the BizUp app with new features, improved user experience, and expanded product categories.
Partnerships: Building strong relationships with trusted suppliers, logistics providers, and financial institutions.
Customer Trust: Maintaining high standards of quality assurance and customer support to drive retention and referrals.
$1.57 Million
2
$944.0 K, Seed
as of January 21, 2025
$4.43 Million
as of January 21, 2025
2.82
as of January 21, 2025
IQ Capital
and 6 more26
Littlebox India
N/A
Date | Round Name | Amount | Valuation | Revenue | Revenue Multiple | Investors |
---|---|---|---|---|---|---|
January 21, 2025 | Seed | $944.0 K | $4.4 Million | - | - | IQ Capital, Antler |
March 29, 2023 | Seed | $625.0 K | $5.9 Million | - | - | DeVC, SAB Holding, OTP Ventures, Good Capital , Angel List, Rk Maven Consulting |
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