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.