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3 Latest Announced Rounds

$2,265.93M Raised in 95 Funding Rounds in the past 7 Days - View All

Funding Round Profile

WOGOM

start up
India - Ahmedabad, Gujarat
  • 13/09/2023
  • Unknown
  • $1,900,000

Small, medium and large-sized retailers face challenges procuring inventory from distributors and matching prices with eCommerce platforms in the fast-paced retail ecosystem.

Gone are the days when retailers coordinated with distributors through phones, fax, and emails. Times have changed and people look towards technologies as enablers.

Here are the top four challenges retailers still face:
• Outreach Limitations Due To Geographical Challenges - This makes it difficult for retailers to reach out to the distributors
• Managing Multiple Distributors - Coordinating with multiple distributors for each product is tedious.
• Price Discrimination - A major setback for small retailers, which disables them from earning sustainable margins
• Inventory Maintenance - Warehousing is a dreadful cost for any retailer

This is where WOGOM comes to the rescue of the retailers' community by providing them below support:

• The moment a retailer is registered with Wogom's platform, it diminishes the geographical distances for them.
• Single Window tech platform to discover distributors for all procurement requirements
• Transparent Pricing. One price for all that promotes fair practice and equality
• Retailers will now be able to trade on lean inventories. It's virtually - Buy as you sell.

With robust technology and logistics at no additional costs, WOGOM is committed to empowering retailers to easily manage and scale their business around the retail consumption experience.


Related People

Nirav PatelFounder

Nirav Patel India - Ahmedabad, Gujarat

‘Nothing satisfies me more than meeting new people, developing new relationships, solving problems, and contributing to the overall growth of a business.’

Some people play lots of sports during school and college, some indulge in co-curriculars, but he was busy sewing the foundation of ABAJ Electronics.

The key management person and the backbone behind the idea to launch the company and make niche in the market for television sets. With a vision, even before his graduation, he established the company with a view to enter into the market already with lot of competition but with enough space for the new entrant.

With his vision, he prepared a small report jotting down his ideas and presented to the close friends and cousins. His cousins had been in the real estate sector and their families had been looking for the suitable industry for diversification. The families were convinced and they joined hands for their onward journey.

With the aim to serve the society, presently he is the MD of the company and handles Marketing and Sourcing of the company along with looking the overall functions and deciding on the policy matters of the company.

Nirav’s primary goal has always been ethically adding value to customer’s life and not only earn money.