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Mridul Das
Introvert!Ā ā¢Ā 5m
This simple Bangalore based cash back and coupon app PaisaWapas reports 70 Cr.šµ revenue with profit of 17% this year. Their business is so simple that anyone can do it. Their business model ā¬ļø -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. ā”ļøMost importantly the founders Shankar Singh and Ashish Kumar, collectively own 94% of the companyš ā”ļøPaisaWapas has raised a total of $46K in funding to date. Vividhity Ventures is the lead investor, holding 2% of the companyās stake.
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