Price comparison service PriceBaba has raised an undisclosed amount of seed investment from five investors, led by Pune based angel investor and entrepreneur Karamveer Singh. Other investors include Dinesh Tejwani of Fast Fact Computer Systems (acquired by Thomson Reuters), Aditya Mishra (Founder & CEO, SwitchMe.in), Ashutosh Rathi (Basil Partners) and Ranjeet Walunj of The Service Solutions. PriceBaba is trying to connect mobile phone buyers directly with mobile shops, operating in Mumbai, Pune and Delhi-NCR, claiming to have over 350 verified mobile phone retailers live on its platform. The stores, according to the company, go through a two step evaluation process. The service plans to reach 10 cities in 2013. Speaking with MediaNama, Pricebaba Founder Annkur Agarwal said that the companys business model could involve lead generation - "if retailers make money (because of us), we make money from them. As we add more features, we'll have more options coming up. We're trying to solve a critical issue of searching for prices in offline stores, and whether stores have the product in stock or not. Customers today search for prices online, and go and buy offline." But why will a customer go through Pricebaba? Why won't he search online, and not go through the site? "That is already happening, but every time you see a store owners address on Price Baba, we know that someone from that location has seen it. We can talk to them about charging them." As of now, the company isn't charging retailers. Agarwal declined to comment…
- Practo Partners With Government To Help Develop India’s Health Stack January 31, 2023
- Attend Our Briefing: Impact of Google’s changes to Android and Play Store January 31, 2023
- Why is Andhra government pushing facial recognition attendance on all its workers? January 31, 2023
- Karthik Rai On Developing an Interoperability Framework for India | Meta India Tech Scholars 2021-22 January 31, 2023
- Indian Telecom Watchdog issues consultation paper on regulating converged digital technologies and services January 31, 2023
MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.
India's smartphone operating system BharOS has received much buzz in the media lately, but does it really merit this attention?
After using the Mapples app as his default navigation app for a week, Sarvesh draws a comparison between Google Maps and Mapples
The regulatory ambivalence around an instrument so essential to facilitate data exchange – the CM framework – is disconcerting for several reasons.
The provisions around grievance redressal in the Data Protection Bill "stands to be dangerously sparse and nugatory on various counts."
Please subscribe to MediaNama. Don't share prints and PDFs.
You May Also Like
Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...
135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...
Twitter takes down tweets from MP, MLA, editor criticising handling of pandemic upon government request
By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...