CAPDASE, known for delivering a wide range of innovative solutions and its partnerships with the world's leading smartphone companies, has inked a strategic partnership with YMS Mobitech Pvt. Ltd, one of India's largest app-based e-distribution ecosystem to spread its reach across YMS' network of 11,262 retailers and 361 distributors across 383 cities.
CAPDASE also announced its intent to set up its first manufacturing unit in India, outlining an aggressive sales target of 60 million dollars over the next three years.
CAPDASE currently caters over 45 countries worldwide with strong presence in key smartphone markets of China, Indonesia, Philippines and Hong Kong. In 2016 alone, CAPDASE has sold more than 100 million mobile accessories.
Roy Chan, Channel Head-Asia Pacific, CAPDASE said, "Phase 1 of our partnership with YMS Mobitech will involve reaching out to the metros and over 100 tier-1 cities and towns. Our target is to reach sales in excess of 10 mn USD in the financial year 2017-18, and grow from there."
Ajay Laddha, Co-founder, YMS Mobitech Pvt Ltd said, "The mobile handset market in India has witnessed exponential growth over the last few years, leading to a surge in demand for mobile phone accessories. E-distribution platforms like YMS Mobitech will help high-end accessories players like CAPDASE make a successful transition from just online to offline presence as manufacturers can directly bill to Retailers as per their need – making it more efficient and at lesser cost."
YMS Mobitech has recently announced its tie-up with one of the leading smartphone manufacturers, Mi India to distribute its range of accessories in key states of Eastern India. The e-distribution company is also the Distributor (West Zone) for end-to-end sale of LeEco Mobiles in India.
The YMS e-distribution network boasts of over 11,262 retailers and 361 distributors across 383 cities in what is India's largest app-based distribution ecosystem, guaranteeing on-demand sales with zero dead stock and zero loss of business opportunity.