eCOM Ventures (owns Aaloo.in)

Mumbai-based B2C ecommerce firm catering to Household vegetables, fruits & grocery requirements i.e. a huge addressable market opportunity.

  • Stage $500K in TTM Revenue
  • Industry Internet / Web Services
  • Location Mumbai, MH, India
  • Currency INR
  • Founded February 2011
  • Employees 9
  • Website aaloo.in

Company Summary

Aaloo.in (owned by eCOM Ventures) is a Mumbai-based online retail portal catering to household vegetables, fruits & grocery requirements. The firm has been operational since Feb 2011. Business model focused on "needs" vis-a-vis "wants". Huge demand for such services due to busy city life, nuclear families with working couples, less disposable time on weekends, more net savvy population etc. Firm is promoted by professionals with MNC experience.

Team

  • Swapnil Manish
    CEO

    BE (Mech) & an MBA (Finance) with 9 years of mainly IB experience. Swapnil was part of the Corporate Finance team at BNP Paribas for 6.5 years, advising clients on M&A and capital raising mandates. Prior to BNP, he was part of Bank of America's IB pitchbook team, handling a team of 5 analysts and directly coordinating with senior bankers in New York. Swapnil quit BNP in Mar 2013 to take over corporate strategy, fund raising etc. at Aaloo.in

  • Bharti Ghosh
    Managing Partner & COO

    BE (Instru.) & MBA (Finance) with 5 years of diverse experience in financial services sector. Bharti was part of ICICI Bank as Assistant Manager before quitting to join BankAm's IB pitchbook team. In the past, she was part of Bajaj Allianz as Sales Team Manager as well as DSL Software as market research analyst. Bharti has been involved with Aaloo.in on full-time basis since inception (Feb 2011) & was instrumental in the concept-to-revenue stage.

  • Swapnil Manish

Advisors

  • Mohammad Shine, Associate Member of Mohammad Shine & Associates
    Lawyer
    Unconfirmed
    SMK Associates
    Accountant
    Unconfirmed

Previous Investors

  • None (entirely funded by the founders till now)
    Unconfirmed

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