CashKaro in talks to bring Global Retailers to India!
CashKaro is a name that has quickly become synonymous with online shopping and savings. CashKaro is all set to become India’s largest savings destination and is forever finding challenging paths to expand its business and presence to make online shopping effortless for endless users.
CashKaro already has tie ups with 1000+ retailers which includes lucrative players such as Amazon, Flipkart, Jabong, Pepperfry and many more to make sure online shoppers need not explore any other website before they commence shopping. CashKaro might bring in further good news for its consumers as it is all set to list over 50 global retailers from both the US and UK to include them into their portfolio as well. This move will further help CashKaro gain competitive advantage over other players in the market to become the undisputed player in the Cashback and coupons domain.
The founders- Rohan and Swati Bhargava- are in talks to rope in remunerative names in the retail industry which includes Macy’s, Banana Republic, Victoria’s Secret and Gap. As for UK retailers, the names are just as impressive including the likes of River Island, Lookfantastic.com, BeautyExpert.com and House of Fraser.
This move will further strengthen CashKaro’s position in the Indian Ecommerce Industry which is all set to hit the $100 billion mark in the coming decade. CashKaro already brings almost every online activity right to the user by providing deals and Cashback on various online transactions which range from booking taxis and buses to ordering food to bringing home the latest fashionable attires. With this consolidation, CashKaro will further empower its user base by giving them access to International brands as well.
CashKaro has steadily been clocking in a month on month growth of 35-45% and is continuously exploring new avenues. Other expansion plans include setting up operations in Southeast Asian countries including Indonesia and Singapore. CashKaro has successfully disbursed up to Rs 30 crore in the form of Cashback and it seems this just the start of the road for CashKaro.
If the plan falls into place, CashKaro will successfully become one of the most sought after online shopping destinations. The ascent is slow but the destination is definitely not far off!
