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Business News Sourced Wired

GoBindas Entertainment Pvt. Ltd. enters domestic coupon, cashback market

New Delhi, Sept.24 (ANI): GoBindas Entertainment Private Limited has announced its entry into the online coupon business segment for the indian market through the launch of its alldaycoupon.com website to make online shopping more exciting.

The objective is also aimed at facilitating online shoppers to compare best online prices and provide valuable information to consumers on products and services available online.

Announcing this, the company’s CEO, Pankaj Gupta, said the cash back and discount coupon portal will formally enter the Indian e-commerce market on september 25, the first day of the auspicious nine-day Navratra period.

He said that the site will be launched in Beta version and will offer deals for over 100 e-shopping popular brands, including Flipkart, Myntra, SnapDeal, Health Kart,Jabong and Yepme among others.

He said the company has set a target to add more than 500 prestigous brand partners across the country in next two years to emerge as a strongly rooted market leader and to consolidate itself in this segment of the domestic market in the coming years.

The company expects to tap ten million unique visitors by 2015 and generate an annual GMV of over 50 crores for key brands during the current financial year.

The coupon portal is offering cashback on each online transaction through redeemable recharge points which can be utilized on mobile/datacard/DTH services.

The company has set up its head office in Noida, Uttar Pradesh, and has a total staff strength of around 100 to manage various business operations like technology development, sales and overall business operations. (ANI)