JazzMyRide: The journey from a capital of Rs. 10000 to a revenue of Rs. 20 Crores

Sunil Dhingra, Co-founder, JazzMyRide

Sunil Dhingra, a 32 year old chap has studied MBA from Symbiosis, Pune. He has worked for Tata Communications, Infosys and Mahindra Comviva for around 6 years but the comfort of a 9 to 5 job did not sound very appealing to him. He wanted to chase the dream of being an entrepreneur and that sowed the seed of JazzMyRide, an eCommerce portal based in Delhi for car and bike accessories in the year 2012.

Before going for the entrepreneurship venture, he studied the annual report of global players in the industry by approaching 200 stores and 30 recently opened car showrooms in Delhi, NCR and Chandigarh. He proceeded to start JazzMyRide at a basic capital of Rs. 10000 that included designing the website and setting up a few products. There has been no looking back for Sunil ever since.

JazzMyRide has a team of 50 employees and provides more than 1 lakh products in 150 categories with more than 52 brands. The product categories are interior, styling, utility, spare parts, protection, cleaning, bike accessories, riding gears, bike spares, fashion and car audio.

The business model of JazzMyRide includes purchasing inventory from companies and delivering it to customers with the help of third-party logistics. An important milestone for the company has been its tie-up with 10 third party logistic players like Bluedart, Ecom Express, DTDC and Go Javas.

The company also partnered with TVS ASL for online-to-offline (O2O) retailing approach. TVS has invested a total of Rs. 75 Crores in 3 startups and JazzMyRide is one of them.

JazzMyRide did have some challenges at the outset, like product discovery and supply chain. Nonetheless they had a robust technical system with the help of which they developed a great stocking model.

The vision of the company by mid-July is to accomplish the O2O commerce with the help of a franchisee model first in Delhi and Chennai. Later, it would expand to other cities also. By 2018, the company expects to get twice the products, product categories and brands with branches in Chennai, Bengaluru, Pune, Mumbai and Hyderabad, Sri Lanka and Bangladesh.

JazzMyRide: The journey from a capital of Rs. 10000 to a revenue of Rs. 20 Crores

Get over the traditional taboo of sexual health with Cupid Care

Population explosion is a much talked about issue in India. While it has successfully completed its Mars mission, it is still considered to be a matter of embarrassment to buy condom or oral contraceptive pills. Sex and sexual health is still seen as a secretive subject. Despite being an important concern, it remains under covers for no reason at all. Sex education and sexual health are significant topics to talk about. It is researched that 1 in 5 individuals face sexual health problems but they are scared to reveal it.

CupidCare, a startup from Hyderabad initiated by Sriram Varma (Ex-Tracxn and alumni of BITS Goa) and Krishna Teja (Ex-Orbees Medical and alumni of IIT BHU) has attempted to use technology to resolve sexual health issues. The users can talk to genuine sexologists, psychologists and gynecologists through video, telephone or texts. It was launched in the second week of March and in the short time elapsed, they have managed to help more than 200 clients.

Kudos to CupidCare for this wonderful thought! They have really been troubleshooters for so many people out there.

The most common queries solved by them included sex addiction, homosexuality, irregular menstrual cycle, premature ejaculation erectile dysfunction, sexually transmitted diseases and other issues related to gynaecology and dermatology.

The experts included sexologists, psychologists, gynecologists and andrologists from metropolitan cities like Hyderabad, Chennai, Mumbai, Kolkata, Cochin, Indore and Vijayawada. Besides online consultation, clients can also have diagnostic tests booked and avail sexual health packages with maintenance of ultimate confidentiality.

CEO Sriram remarked that they are dealing with a significant problem in India and they decided to take help of technology to resolve the problem as it enables anonymity for the clients while they talk to our doctors. Apart from the on-demand consultations, they would also allow online counseling packages for premarital counseling, hypersexual disorders, postpartum depression and menopausal depression.

The company bagged the award at TiE smashup that was held at Hyderabad in February 2016. The company is being operated from Hyderabad with Dr. A. Satyanarayana Reddy, a senior sexologist and gynecologist accompanied by Dr. Rahul Reddy, andrologist.

Get over the traditional taboo of sexual health with Cupid Care