Former Shopclues founding member Devesh Rai forays into the B2B market with his new wholesale B2B marketplace Wydr.
Rai, who was also the Corporate VP of the unicorn Shopclues, says, “It was while dealing with several brands and wholesalers during my past stints with companies that I identified several gaps and pain points in the business of bulk buying and selling.”
“Regressive aspects 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 were hindering the B2B market from reaching its true potential,” added Rai.
Wydr’s competitive edge lies in its smart network capability, structured chat enabled features, private marketplace capability infused with the speed of conducting business, trust and transparency.
“Our aim is to become a platform of choice for wholesale buyers and sellers by bringing in the best online innovations that make wholesale buying and selling easier, more efficient and transparent, eventually connecting Indian Wholesale buyers and sellers with their global counterparts.”, he added.
The MyNet feature in the Wydr app has been created specifically for wholesalers, importers and brands and it assists them in building their own networks, conducting chats, negotiating and finalising deals with buyers. The core benefit lies in the ERP based management of existing businesses in a more organised manner.