Industry Comparison shopping Website mysmartprice.com CEO Sulakshan Kumar (2010–) Number of employees 100 | Area served India Founded 2010 Headquarters Hyderabad Type of business Private | |
 | ||
Key people Sitakanta Ray
Sulakshan Kumar Founders Sulakshan Kumar, Sitakanta Ray Profiles | ||
Mantra for startup success sitakanta ray coo co founder mysmartprice
MySmartPrice is an independent price comparison service website headquartered in Hyderabad, India. Categories include: Mobiles, Electronics, Computers, Fashion and Lifestyle, Home appliances and Personal Care. In addition to online price comparison, MySmartPrice also started including offline stores in its listings for mobile phones in Hyderabad, Bangalore and Delhi.
Contents
- Mantra for startup success sitakanta ray coo co founder mysmartprice
- mysmartprice is present across almost all product categories that are sold online
- History
- Media coverage
- Finance
- References
In December 2013, MySmartPrice received $1 million from Accel Partners and Helion Venture Partners and another $10 million from the same investors in July 2015 to expand the company's hyper-local shopping services to over 50 cities across the country, besides enabling over 100,000 local retail stores to reach their customers online.
As of September 2014, MySmartPrice had a total of over 17 million users each month, with 11 million of them being unique.
mysmartprice is present across almost all product categories that are sold online
History
MySmartPrice Online was founded in 2010 by Sitakanta Ray and Sulakshan Kumar, both graduates from NIT, Rourkela after they quit their jobs at ICICI and Infosys. The two co-founders worked from their homes on building the business and developing the code through the first year of incorporation.
Media coverage
MySmartPrice ranked 3rd on TechInAsia's list of '8 hot Shopping Search Engines in India' in 2013 and 9th in the Asian startup list in July 2015. It ranked 16th on Deccan Chronicle's list of '25 shoppingia platforms.
Finance
1. Seed Funding: $0.37 Million from Helion Venture Partners and Accel Partners in May 2012
2. Series A: $1 Million was closed in December 2013 again by Helion Venture Partners and Accel Partners.
3. Series B: $10 Million was announced in July 2015 once again by Helion Venture Partners and Accel Partners.