Why did nearbuy fail?
Some reasons why Nearbuy failed are: It was difficult for the company to make people have a proper understanding of its services. The virtue of a discount-oriented platform was quite limited in India. This made Nearbuy unable to attract and keep customers. They did their Masters from The Indian School of Business in 2006. Their journey in the startup ecosystem started in 2008 through Gaadi. Ankur Warikoo has founded 3 companies. They are currently acting as the, and as the co-founder of NearBuy, Gaadi and Zaan Webveda.Ankur Warikoo is best known as the co-founder and former CEO of Nearbuy, India’s first online-to-offline marketplace that connects customers with local experiences.The Jar HQ recently hosted Ankur Warikoo for a candid conversation about everything from content creation to becoming a successful entrepreneur. The WebVeda founder graciously shared his words of wisdom and entrepreneurial lessons that have helped him build a successful business generating ₹17 Cr annually.Nearbuy. India’s favorite lifestyle apps/websites, is a local e-commerce company based out of India. It allows shoppers (or customers) to discover, buy, and save on merchants near to them. One of India’s leading players, Nearbuy, was founded in 2015 by Ankur Warikoo.
Who is the ex CEO of Nearbuy?
Ankur Warikoo is best known as the co-founder and former CEO of Nearbuy, India’s first online-to-offline marketplace that connects customers with local experiences. Internet Entrepreneur based out of India and is one of India’s top content creators. He is also a bestselling author and conducts courses online as an educator. His aim through his content is to make sure all the choices you make in life come from a point of awareness and not ignorance.