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e-tailer Jazzmyride.com aims at Rs 15 crores revenue in next two years

Online car and bike accessories seller Jazzmyride.com has recently crossed over one lakh transactions.

Tags: retail, retailer, e-commerce, Jazzmyride

BY Shipra Srivastava  |  Jul 14, 2014  |  comments ( 1 )  | 
e-tailer Jazzmyride.com aims at Rs 15 crores revenue in next two years

New Delhi: Online car and bike accessories seller Jazzmyride.com has recently crossed over one lakh transactions. The e-tailer offers more than 7000 products across 150 categories and 52 brands.

Interestingly, Jazzmyride.com is a rare e-commerce company in India which has positive financial figures on its book since inception.

“Achieving a 250 percent revenue growth rate consistently, build a category from scratch to a growth path, that too with net profits is quite a motivation for us to put all our efforts and scale this up from here on,” said Sunil Dhingra, CEO, Jazzmyride.com.

The company plans to increase its revenue to Rs. 15 crores in the next two years. The company is also looking to raise fund from its partners.

“Our business model has worked well and is successfully generating good revenue; therefore, we are open to funding from various investors,” added Dhingra.

This e-commerce portal offers protective accessories for biking manufacturers, utility, styling etc accessories for car manufacturers.

The firm is a regular automotive supplier to various major automobile manufacturers including Royal Enfield.

 

It is also retailing its products on other online market places including Snapdeal, eBay, Flipkart, Indiatimes Shopping, Shopclues, Rediff Shopping, etc.

 

The company has recently launched its private label ‘Speedwav’. It offers close to 1000 products under it's umbrella.





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Rohit Chopra November 26, 2014 at 10:57 am

Hi Sunil, if this reaches you. Correct your warehousing, SCM and quality of products supplied. Not the 2nds or 3rds kind of products. I wish I could explain you the irritation of getting 1st the wrong product, you take pain of sending it back and waiting for another order (COIDO 3 in 1 vacuum cleaner) & that product comes as Speedwav Vacuum cleaner in a COIDO BOX. Isn\'t it funny?

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