Connect with us

The Plunge Daily

Devesh Rai

Devesh Rai

Devesh Rai is the Founder and CEO of Wydr, a first-of-its kind mobile first innovative wholesale B2B marketplace designed to make wholesale buying and selling more structured, organized and hassle free. A strong strategist and a flawless executor, Devesh has successfully held leadership positions in both consumer and enterprise environments.Devesh comes with a rich, varied and deep understanding of the ecommerce business. He was one of the founding members of, the e-commerce marketplace and was responsible for building and managing merchant base, category incubation & management and merchant facing technology. With his leadership, ShopClues acquired the country’s largest merchant base within a very short span of time and became on the top e-commerce companies in India. Devesh played a critical role as part of the leadership team to build and scale ShopClues business, making it a top 5 ecommerce company in India. Before joining, Devesh spearheaded the newspaper sales and marketing at MAIL TODAY Newspaper, a joint venture between the India Today Group and Daily Mail of UK. He played an instrumental role in establishing the newspaper as a strong no. 3 in Delhi/NCR in a short span of 2 years. He has also successfully led many image makeover and launch campaigns including repositioning of HT, launch of publications in major metro markets. Prior to this he has worked with HCL Technologies and Headstrong Services, where he established and led the Marketing and Sales Prospecting teams. Devesh conceptualized Wydr while dealing with several brands and wholesalers in his past stints. He identified several gaps and pain points in the business of Wholesale buying and selling- factors like broken up distribution chain, cost involved in setting up a sales team across the country, low trust market, payment safety issues and logistics etc. And of course, the fact that offline retail is and will continue to have lion's share of the retail business. Devesh is an Economics graduate from the prestigious Hindu College, Delhi University and has an MBA in Marketing and Finance from Indian Institute of Management (IIM), Calcutta. Devesh lives with his mother, wife and two kids in Gurgaon. His passions include photography, outdoor sports and traveling to offbeat places.

Stories By Devesh Rai

To Top