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Mridul Das

Introvert!Ā ā€¢Ā 4m

This simple Bangalore based cash back and coupon app PaisaWapas reports 70 Cr.šŸ’µ 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. āž”ļøMost importantly the founders Shankar Singh and Ashish Kumar, collectively own 94% of the companyšŸ‘ āž”ļøPaisaWapas has raised a total of $46K in funding to date. Vividhity Ventures is the lead investor, holding 2% of the companyā€™s stake.

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