UNBOXING COMMUNITY TECHNOLOGY SOLUTIONS PRIVATE LIMITED

In their own words

Introduce you to UnBoxing Community, a groundbreaking engineering community-led marketplace powered by ONDC for Electric and Electronic (E&E) products. We are revolutionizing the way consumers make decisions in the rapidly growing E&E market.Problem Statement: The E&E market is flooded with options, variance, and models, leading to decision fatigue among consumers. Struggle to find authentic, reliable, and transparent product test information to make informed purchasing decisions. There is a dearth of detailed technical specifications, engineering review, performance and benchmarking data, making it hard for users to search, curate, identify right products for objective usage, and lack of information increases uncertainty and complicates decision-making.Product and Solution: UnBoxing Community addresses this challenge by consolidating comprehensive product data and information into a single, user-friendly platform. We provide detailed insights, including product capabilities, real-world performance, in-depth reviews, benchmark comparisons, competitive E&E product data, various assets with pre and post-purchase queries. Our platform streamlines the decision-making process, empowering consumers with data and information to make confident purchases. This can lead to increased customer loyalty and repeat purchases, which can be valuable for both consumers and sellers.Engineering Community: UnBoxing Community platform seamlessly integrates engineers from diverse fields, including production, quality testing, assembly, scientists, tech influencers, and various engineers' profiles. We gather extensive data and information to empower customers with insights into pre and post-purchase product usage, leveraging their expertise to provide accurate data, valuable information, and increase sample. we ensure the authenticity and reliability by community validation on our platform, making us a trusted source for consumers.Customer Experience: UnBoxing Community platform saves consumers valuable time by eliminating the need to visit multiple sources. We offer a one-stop solution for all their data, information, and decision-making needs, enhancing their overall shopping experience. UnBoxing Community platform's intuitive interface and user-friendly features contribute to an overall improved user experience. This time savings can translate into tangible monetary savings in terms of productivity, and confident purchase decisions lead to a reduction in returns and exchanges.Electronics Market Size: India’s B2C consumer electronics e-commerce market was USD 60-65 Bn, FY22, expected to grow 5-6x, to USD 350-380Bn, FY30. India’s total B2B Industrial e-commerce market was USD 8-9 Bn, FY22, expected to grow 13-14x, to USD 105-120 Bn, FY30. Indian electronic products modern trade sector was USD 19-21 Bn, FY22, with an expected CAGR 12%, growing to USD 48-50 Bn, FY30. India has approximately 100-120 Million online shoppers of electronic products, purchasing TVs, Computers, Mobiles, Home Appliances, Kitchen Appliances, Wearables, and various others. Globally e-commerce of electric and electronic products is USD 600+ Bn and the USA market is USD 120Bn.Marketplace powered by ONDC: Unboxing Community platform onboarding ONDC in the electric and electronic products category to generate revenue through commissions on sales between 8% to 10%. Croma, Sangeetha Mobiles, Viveks, Girias India, various General Trade, and Modern Trade stores sellers onboarded on ONDC electronic products category advantage for UnBoxing Community to access inventory. We have a unique advantage in reaching a wide audience, ensuring timely delivery and efficient logistics operations.Recognition: UnBoxing Community has already gained recognition from Startup India and also National Board of Accreditation (NBA) to engage with engineering educational institutions. To onboard engineering students to the UnBoxing Community platform to improvise electric and electronics products particle knowledge and Skill training.Fundraising: We are seeking investment to further develop our platform, expand our reach, and enhance our marketing efforts, ambitious goal is to capture 3% of this market's Gross Merchandise Value (GMV) within five years. We are actively raising INR 5 crore in our pre-seed round, presenting an exciting investment opportunity. We believe that UnBoxing Community has immense potential to disrupt the Indian electronics market and become a leading platform for consumers seeking reliable product information.

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