In a rare feat, Dealberg, a pre-launch startup has acquired an established $2-million company WeAreGadgets in the first week of this month.
WeAreGadgets was founded by Sree Krishna Seelam, a serial entrepreneur and an MLA contestant of the Aam Aadmi Party. Before WeAreGadgets, Sree founded an NGO called Country Flavours, a manufacturing unit for processed foods and instant mixes.
Sree will now play the role of the Chief Operating Officer at Dealberg and leads the partnerships and business development functions.
“We want to help SMEs reduce their calls to the vendors but still avail best products at affordable prices, directly from the brands. With the help of Dealberg, SMEs from tier I, II and III cities can buy authorized and genuine products from brands with no geographical barrier and get it delivered. SMEs can avail 100 per cent genuine goods from brands along with warranty support,” says Abhishek Emmanuel, Founder, Dealberg, who brings with him 14 years of experience in managing the enterprise customers across regions.
“After having several discussions with Abhishek and the investors, we are super confident on the mentorship and the direction we are heading in. Thanks to the investors and mentors of Dealberg.com. Dealberg shall concentrate majorly on customer acquisition, category expansion and technology boost over the next two years,” says Sree.
Dealberg.com is Asia’s first, invite-only B2B Ecommerce destination for companies and is now ready to turn tables in the Indian economy by introducing cheque on delivery. Companies can now purchase anything and everything at ‘un-heard’ prices. Corporates can now pay with a cheque at the time of delivery.
Companies are used to paying their suppliers/vendors over stretched periods of time. When offering credit, the supplier sets his pricing in accordance with the interest cost that he might incur, yet companies are blindfolded in following the age old ‘Kabadiwala’s‘ principle in taking ‘udhaar‘.
The companies are not only solving a problem but challenging the intelligence of the current system of procurement.