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Yebhi

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YEBHI
Type of businessPrivate
Type of site
E-commerce
Available inEnglish
Founded2009 (2009)
HeadquartersGurgaon, Haryana, India
Area servedIndia
Founder(s)Danish Ahmed, Manmohan Agrawal, Nitin Agarwal, Rajul Jain
Key peopleAmar Sohal, Kavinder Khurana
IndustryOnline shopping & Online Services
Products
Employees500 plus employees[1]
URLyebhi.com
LaunchedSeptember 2009

yebhi.com was an Indian E-commerce portal for home, lifestyle and fashion, launched in the year 2009.[2]

History

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Yebhi, which began as BigShoeBazaar.com, has a registered user base of about 1.5 million people, of whom about half a million have transacted on the site. Nexus Venture Partners and N. R. Narayana Murthy’s Catamaran Ventures invested Rs 40 crore in Agarwal’s company in mid-2011.[1]

On July' 10th 2012, Big Shoe Bazaar India Pvt Ltd. owner of Brand Yebhi.com announced that it has raised INR 100 Cr in Series C round of funding led by Fidelity Growth Partners India and Qualcomm.[3] Subsequently, in April 2013, its site was revamped, along with a new logo.[4]

On 4 September 2014, they changed their business model to coupon store and served Flipkart, Jabong, Myntra, Zovi, Koovs & Zivame as their clients.

The company launched a new app called Truxapp which connects truck owners to Businesses and raised $3.1 Mn in Pre-Series A funding from investors including Dhoot Family, Sandeep Sharma, V. C. Bothra & Family.[5]

Categories

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Initially Yebhi.com has categories lifestyle & Home products and offers products from a range of some 250 brands[6] to its customers dealing in Shoes, Apparels, Bags, Mobiles, Cameras, Sunglasses, Watches, Books, Laptops, Home furnishing, Home décor, Home ware, Lingerie and Fragrances.

Awards

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  • 5th Loyalty Awards which were presented by AIMIA [7]

See also

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References

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  1. ^ a b Raote, Rrishi (14 April 2012). "Enter the back end". Business Standard.
  2. ^ Pani, Priyanka. "Yebhi.com struggles to stay afloat". Business Line.
  3. ^ Kaur, Dimple. "Big Shoe Bazaar (brand owner of Yebhi.com) Raises INR 100 Cr ($20 Mn) in Series C funding backed by Fidelity, Qualcomm, Nexus Venture Partners and Catamaran". Market Watch. Retrieved 10 July 2012.
  4. ^ "ebhi.com revamps website, adopts new logo". The Times of India. 23 April 2013. Archived from the original on 27 April 2013. Retrieved 26 April 2013.
  5. ^ Aparna, Mishra (8 August 2017). "Yebhi Co-founder Manmohan Agarwal Unveils Logistics App Truxapp". Inc42 Media. Retrieved 28 October 2020.
  6. ^ Khan, Taslima (13 November 2011). "Best shoe forward". Business Today.
  7. ^ "Yebhi.com wins 'Customer & Brand Loyalty award' in online retailing category". afaqs. 14 February 2012.
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