wordpress blog stats
Connect with us

Hi, what are you looking for?

Product discovery app RedCarpet graduates from Ycombinator

Gurgaon-based RedCarpet, a rewards and product discovery application which allows people to to find products online and order them for pickup in-store in kirana stores throughout India, has graduated Silicon Valley accelerator Y Combinator's Summer 2015 batch, reports TechCrunch. RedCarpetcurrently claims to have tie ups with 120 stores, and 6x revenue growth across the past 4 months across Delhi, Gurgaon and Noida. RedCarpet's app is looking to simplify reward programmes where deals get applied automatically when users pay through the app. The application also claims to bring an Amazon-like personalization, loyalty and recommendation platform to local retailers. It says that its system works with legacy billing software used by small retailers and large retailers with more complex point of sale systems. The company was founded by Kartik Venkatraman and Sandeep Srinivasa. Before starting RedCarpet, Venkatraman was VP for marketing & analytics at Tradus. In previous roles, he held numerous leadership roles at Travelocity and Sabre, where he built products and processes to optimize decision making in multiple areas including pricing, display and merchandizing, marketing and customer care. Sandeep Srinivasa was VP of Engineering at PropTiger.com, where he delivered the company's  property search and mapping, CRM system and catalog service. Prior to that he functioned as director of engineering at Tradus where he built the supply chain backend, search and operations platform. He also founded Clearsenses, a product development company and his first startup. Earlier in April 2104, Y Combinator had said that it would put more money to work in startups for the same equity stake that it normally takes. It will now put $120,000 to work in…

Please subscribe/login to read the full story.
Written By

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

India's smartphone operating system BharOS has received much buzz in the media lately, but does it really merit this attention?

News

After using the Mapples app as his default navigation app for a week, Sarvesh draws a comparison between Google Maps and Mapples

News

In the case of the ‘deemed consent' provision in the draft data protection law, brevity comes at the cost of clarity and user protection

News

The regulatory ambivalence around an instrument so essential to facilitate data exchange – the CM framework – is disconcerting for several reasons.

News

The provisions around grievance redressal in the Data Protection Bill "stands to be dangerously sparse and nugatory on various counts."

You May Also Like

News

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...

Advert

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...

News

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...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ