Proveda India, one of the emerging direct selling companies under the parent company Proveda Herbals, has registered 300 percent growth in less than 2 years. With many people moving towards direct selling, Proveda India sets a roadmap to achieve a target of Rs 500 crore by 2025
Being one of the few start-ups that have over 100 products across the various diverse product ranges, Proveda India continues to foray and introduce new product ranges. Recently, the ‘Make In India’ company introduced immunity boosters and drinks in the health segment and some natural beauty products. Understanding the need of the hour, Proveda India seeks the wellbeing of the consumers as well as the entrepreneurs associated.
Not just the products, Proveda India is expanding its presence across India with 700+ marts and depots. During the pandemic, the company opened one more offline mart in Uttar Pradesh. The marts have all the unisex personal care range along with products from the different segments. These quality-driven products are available online and offline.
The company has an in-house strong manufacturing and R&D centre, which has 50 percent of the products manufactured here that focuses on the qualitative aspect. Besides, Proveda India is known for offering advanced research-backed, nature-infused products that are also perfectly in line with new-age Indians.
Aseem Sood, Managing Director, Proveda Marketing India Pvt Ltd, stated, “In India, the unemployment rate was increasing, only 10 percent of the total graduates passing got employment. The company believed direct selling increases entrepreneurship opportunities and as entrepreneurship grows the employment rate will automatically increase.”
Further adding to the remarkable growth, Sood added, “We are glad that in such a short span we reached around Rs 31 crore last year and generated a wealth of more than 20 crore in 20 months for all the entrepreneurs. We are working relentlessly to reach Rs 100 crore by the end of this financial year and by 2025 we aim to reach Rs 500 crore.”
With legally approved hybrid unique compensation plans and best industry offers, Proveda India empowers their family of 90,000 Proveda Entrepreneurs constantly strives to expand the presence across Tier II or Tier III cities with more people joining them and consuming the products.