Business Description:Valklub is a free service enabling consumers to save on purchases across categories such as dining, beauty, fitness, shopping etc through exclusively discount coupons from brands & merchants. Consumers can CALL/SMS or Browse to search and receive offers directly on their Mobile Phone. The Coupons can then be displayed at outlets to avail offers. Our coupons are well aligned with Merchant Point of Sales systems for audits and controls. Valklub is also actively used by Companies for Custom Savings programs for various schemes, promotions and employee incentives.
Industry:Retail/ Consumer-based
Founded in:2007
Source of idea:Systematic search for business opportunity
Significant Competitors:Personal savings
Company Details :
Company Name:Valklub
HeadQuarters:New Delhi
Stage of the company:Several customers or locations
No of Employees (2006):Did not exist
No of Employees (2007):6-15
Office Locations(2006):Did not exist
Office Locations(2007):2-5
No of companies promoted:Yes (2)
Profits (2006):Did not exist
Profits (2007):breakeven
>Partnerships:Over 250 Leading Brands and Merchant Tie ups in Delhi & Mumbai. Media tie ups for coupon content with Midday Newspaper and Hindustan Times Delhi
Initial Funding:Personal savings
Addl Funding:Personal savings
Institutitional Capital:No
Revneue Model:1. Merchants pay us for promoting their coupons and offers. Either monthly listing & promotion charges or Per coupon download charges.
2. Targetted SMS campaigns and promotions
Awards & honors:
Promoters Details :
Promoters Name(s):Raakesh S Bhatnagar
Age:36
HomeTown:New Delhi
Education:Masters
No of companies promoted:Yes (2)
Family Background:First gen entrepreneur
Job:Co Founder-CEO at Net4Barter P Ltd
Ex-Job Description:N.A.
Favorite Book/Movie:First Break All the Rules
