Business Description:ShopNdShout is a social application to "flaunt or share your shopping" with your friends. You can see what your friends are buying, can comment on it or rate it. Your ratings will be aggregated to tell what kind of shopper your friend is. Currently our application is available on facebook(approx 15 users) and orkut (approx. 800 users). In near future we are planning to provide ShopNdShout on other social networking websites like MySpace and Hi5.
Industry:IT/ Internet/ Software
Founded in:2007
Source of idea:Developed family or friend?s idea
Significant Competitors:1. Social Shopping websites like http://www.kaboodle.com/, http://www.stylehive.com/ etc.
2. Blog websites like http://wordpress.com/
Company Details :
Company Name:ShopNdShout.com
HeadQuarters:Bangalore
Stage of the company:Just starting
No of Employees (2006):0-5
No of Employees (2007):0-5
Office Locations(2006):0-1
Office Locations(2007):0-1
No of companies promoted:No
Profits (2006):Did not exist
Profits (2007):Did not exist
>Partnerships:
Initial Funding:Personal savings
Addl Funding:Personal savings
Institutitional Capital:No
Revneue Model:Plan to make it using Internet Advertisements: Based on the shopping shared by a user we can easily make out his/ her shopping patterns. We can use this data to provided targeted advertisements for a user.
Awards & honors:
Promoters Details :
Promoters Name(s):Nitin Mittal
Age:28
HomeTown:New Delhi
Education:Bachelors
No of companies promoted:No
Family Background:First gen entrepreneur
Job:Senior Member at Oracle India Pvt Ltd.
Ex-Job Description:Technical Staff
Favorite Book/Movie:Movie: Life is Beautiful, Taare Zameen par
