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Mridul Das

Introvert! • 2m

This simple Bangalore based cash back and coupon app PaisaWapas reports 70 Cr.💵 revenue with profit of 17% this year. Their business is so simple that anyone can do it. Their business model ⬇️ -Operates as a cashback and deals platform, linking shoppers with e-commerce partners. It generates revenue through affiliate commissions, sharing a portion as cashback with users, and also earns from promotions and advertisements. ➡️Most importantly the founders Shankar Singh and Ashish Kumar, collectively own 94% of the company👏 ➡️PaisaWapas has raised a total of $46K in funding to date. Vividhity Ventures is the lead investor, holding 2% of the company’s stake.

2 replies26 likes

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Anonymous 1

Hey I am on Medial • 2m

do you think affiliate-based businesses like this have long-term sustainability?

1 replies1 like

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