Business Description:Cafegadgets.in is a B2C company enabling more than 75 brand owners in the IT and Digital Lifestyle category to sell their products online. It's a one-stop-shop for gadget lovers, offering them more than 4000 branded products with the manufacturer's warranty at their doorstop within the shortest possible time.
Within 1 year of operations, Cafegadgets has become the largest e-tailer of IT & digital lifestyle products and has partnered with 63 E-commerce websites in India to power their IT category. Direct association with brand owners enables Cafegadgets to offer exclusive deals & best prices to over 1,20,000 customers.
Industry:IT/ Internet/ Software
Founded in:2006
Source of idea:Systematic search for business opportunity
Significant Competitors:Indiaplaza.in, Futurebazaar.com
Company Details :
Company Name:Cafegadgets
HeadQuarters:Gurgaon
Stage of the company:Scaling up
No of Employees (2006):0-5
No of Employees (2007):16-25
Office Locations(2006):0-1
Office Locations(2007):0-1
No of companies promoted:No
Profits (2006):preprofit
Profits (2007):6 to 15 lacs
>Partnerships:-76 brand owners including Samsung, Apple, Microsoft, Lenovo, Fujifilm, Acer, Nikon, Plantronics etc
-Powers IT Category for 63 Ecommerce websites
-Punjabi University - to power their E-commerce
-35 Corporates - For Employee welfare & Referral program
Initial Funding:Family & friends
Addl Funding:
Institutitional Capital:Yes
Revneue Model:Transactions, Brand store, Ad sales & physical presence in major metros
Awards & honors:
Promoters Details :
Promoters Name(s):Hitesh Dhingra
Age:28
HomeTown:Delhi
Education:Masters UBS
No of companies promoted:No
Family Background:First gen entrepreneur
Job:Associate Director at Quasar Media
Ex-Job Description:Business Development
Favorite Book/Movie:The Last Samurai, Rang De Basanti
