Business Description:Chaupaati's mission is to aggregate information of unorganized markets and connect Indian masses to it. For earning Indians with mobile phones, who are dissatisfied with the lack of open access to buyers, sellers and transactions; Chaupaati is a generally accessible info-mediary that connects individuals and middlemen who wish to buy and sell second hand daily use goods, household jobs and services.
Unlike other general classifieds that are limited to print or require access to the Internet, Chaupaati's service is accessible over a regular phone call and sms. Unlike directory look-up services on the phone, Chaupaati does not require the seller to be a business.
Industry:Telecom/ Mobile
Founded in:2008
Source of idea:Systematic search for business opportunity
Significant Competitors:Print classifieds: Times, DNA, Freeads, etc.; Online classifieds: Sulekha, Quikr, Baajaa, etc., Phone directories: Justdial, Getit now, Askme, etc.
Company Details :
Company Name:Chaupaati Bazaar
HeadQuarters:Mumbai
Stage of the company:Several customers or locations
No of Employees (2006):
No of Employees (2007):16-25
Office Locations(2006):
Office Locations(2007):2-5
No of companies promoted:Yes (3)
Profits (2006):
Profits (2007):
>Partnerships:
Initial Funding:Personal savings
Addl Funding:Angel investors
Institutitional Capital:No
Revneue Model:Lead generation. Sellers pay for contacts of targeted and qualified leads.
Awards & honors:
Promoters Details :
Promoters Name(s):Kashyap Deorah
Age:29
HomeTown:Mumbai
Education:Bachelors IIT
No of companies promoted:Yes (3)
Family Background:Business
Job:Vice President at Geodesic Information Systems Ltd
Ex-Job Description:Business Development
Favorite Book/Movie:A Fine Balance - Rohinton Mistry
