Revenue Model Of Khatabook
The special thing about freshmenu is that they make new fresh menus daily that keeps customers coming back.
Revenue model of khatabook. Khatabook bharatpe and niyo apply for nbfc licenses. Khatabook s addressable market as per a study done by pwc. As per a pwc study there are about 12 mn mom and pop stores in india and these kirana stores constitute more than 90 of fmcg grocery sales in the country. Y combinator backed khatabook was a part of sequoia s early stage accelerator program surge.
Freshmenu is an online food delivery platform that allows users to discover and order meals. A fixed percentage of commission can be deducted from every transaction made between customers and shopkeepers. Khatabook app currently free to use for its users. This simple business model helps shopkeepers to get their due payment back three times faster while maintaining a healthy customer relationship.
Believe other shopkeepers about the savings and revenue benefits of khatabook. Above all full case study funding revenue business model investors competitors. It feels like you are visiting different resturants each day but at the same place. This shift in strategy from fee based to interest based revenue model shows the growing interest of fintech startups to become.
Currently the khatabook company is still exploring the ways of earning revenue from the app. Khatabook is a bangalore based startup which raised 25 million within 1 year. The success of sequoia backed khatabook lies in its ability to understand what. However to earn revenue on behalf of the service provided the commission based revenue model seems lucrative.
Revenue model of khatabook app how does khatabook earn money. Bengaluru based business ledger app khatabook has most definitely made its mark on the indian startup ecosystem by gaining a super high valuation of 300 mn with nothing to show in the revenue. Freshmenu business model freshmenu is bangalore based startup founded in 2014. Within a year of rolling out its app in december 2018 it amassed five million merchants from more than 3000 cities.