MUMBAI: Over the last few years, there has been a rapid growth in the number of e-commerce stores in the country. Every store offers various discounts, deals and offers for each product. Due to this, buyers visit multiple online stores and spend a lot of time to find the right product and get the best deal.
Nethority Technologies recently announced its savings engine, pricekart.com with an aim to help shoppers save money every time they shop online. Pricekart’s mission is to help save Rs 1000 crore of 100 million online shoppers this year. To help make this decision easier and convenient for online shoppers, Pricekart’s proprietary system uses machine learning to gather data like prices, reviews, deals, coupons and more from over 100+ online stores. This makes it easier for users to find everything in one place and save a lot of time and money every time they shop online.
Pricekart founder and CEO Ruturaj Kohok says, “We want our users to save a lot and online sellers to sell a lot so it is a win-win for all. With this, we also want to be shoppers’ first stop before they shop online”
Pricekart plans on helping small and medium online retailers publish their products on its platform. With over 15,000+ such online stores and number growing rapidly, this will be an opportunity for these retailers to grow their sales drastically.
Pricekart co-founder and CTO Nitin Nagar says the company’s focus is user experience, accurate data and lots of sources.
Pricekart, plans to raise its next round once the website reaches 5 million monthly users. The future plans of the company also include increasing its product range by including categories like fashion, travel and finance at the same time expanding its reach to online buyers in the UK and the Middle East soon.