SAVEIT ENTERPRISES (INDIA) PRIVATE LIMITED

In their own words

SaveItIndia is a start-up initiative to connect customers to digitally latest, exclusive and customized money saving options in a seamless manner. SaveItIndia has come up with their website www.saveitindia.com where a customer can dive into the world of exciting discounts, exclusive vouchers & elite cashback offers especially designed for our valuable customers. Our website has all major brands aboard and is expanding every passing day where the number of onboard websites is ever growing rapidly. Unlike any other rival website our website has been enabled with Live discount updates, off-season sale offers and customized coupons based on customers package as well as locality. Our customers will get live and exclusive updates of all the off-season sales to all the major brands before it even hits the stores. In addition to these, the availability of the offers is present for online as well as offline stores making it omnipresent to the customer and as well as the business owners. We are a budding start-up seeking a chance to grow and help more and more customers in saving money and helping them out in managing their funds smart and better. The internet user base is rising exponentially in India and this is the best time to introduce people to an exclusive service like ours. Inspired by respected PM Shri Narendra Modi Ji’s Digital Initiative, Saveit is a unique way to help people to get well versed with the digital world by connecting people with merchants through our website and application. Saveit is one single platform to compare and shop from the best online stores and that too at slashed prices, as we provide cash back up to 30% not only once, but every time you shop through Saveit. Vision: To be the fastest & easiest saving destination for the smart buyer. We aim to share the dividend of the merchant profit back to the customers, incubating a facility of savings on every purchase made and thus introducing our customers to digitally smart shopping, with this process, we also expose our merchant partners to the unexplored and previously unreached customer base of a wide variety. Services Offered: SaveItIndia offers its customers free as well as premium features. Our online, as well as offline presence, allows us to serve our customers in a wide variety, helping them in saving more and thus living up the name. They get to choose between buying from a major e-commerce store, any local store by using our discount coupons or even from our store by using the cashback earned every time a customer uses our services. MARKET ANALYSIS SUMMARY : We are a thriving company and advancing in the market since the last four years proving our resilience in the digital market place earning customers, innovating our ideas and bringing new opportunities aboard our mission. Our target is to dominate the Tier 2 and Tier 3 city e-commerce based digital market. These markets have been showing a rise in the user base and are expected to soon convert in the new pool of potential customers. Also, the rural mass has started to show a very rapid growing interest in the telecom availed services from the internet. In Rural India, the Internet users have grown at the rate of 22% between Oct 2015 and Oct 2016, to reach an estimated 157 million. The numbers are expected to reach in the range of 170-180 million by June 2017. A brief look at our target market : In the first phase of our expansion we are targeting the customers from UP and Bihar. The data collected have been into our favor, suggesting expected penetration in the digital space of the targeted region.  Demographics: The user demographics of these cities have been growing rapidly towards the digital world since the introduction of JIO.  The major part of the user belongs to the youth and the college students which are more susceptible to diving into a new concept and adapting it.  The gender ratio is slightly better in Urban India, while both urban and rural India show almost similar ratios.  Rivals are still limited to some specific offers on selected merchandise

Written by the company on its public Startup India profile. Not verified by us.