Started with Games Inc. in 2012, a niche video games seller/buyer and a part of GSF accelerator inaugural batch, the duo – Saptarshi Nath and Alexander Souter is moving on to a marketplace for other pre-owned electronics including smartphones/tablets and other accessories. The idea is to help people get rid of their old mobile phones and gaming products/accessories and buy new products.
Unlike other players like eBay and Amazon, where users fill in the details and contact directly with the buyer to sell off their old products, the website – Bootstrapp – handles everything and help sellers to stay away from all the hassles of product description and negotiation to sell off a product.
The company offers pickup from the seller’s place. However, the pickup services for smartphones and tablets are limited only to Delhi NCR; but video games pickups are available in 15 cities across India. The company has tied up with several logistic partners including BlueDart and Delhivery for pickup and delivery purposes. The company is looking forward to add more cities under its coverage area in future.
Bootstrapp does not hold any inventory and rather works on drop shipping model. It markets the products on sellers’ behalf and only accepts pickups once it manages to find a buyer for a particular product.
With having only a few weeks of its operations, the portal is witnessing a traffic of around 200 visitors a day. The website has a total of around 800 new and old products listed.
“Diversifying to more categories will open new revenue streams. But we will try to maintain same level of service with Bootstrapp while keeping same focus on gaming sector side by side.” said its founders.
With Indian smartphones market constantly growing at an impressive pace, the future will call for a need of more players like Bootsrapp to enter the market in order to help people sell their old electronic products and move on to buy the next big thing available in the market. Also with a significant percent of population who still have old phones at home and never tried to sell them off, Bootstrap could be an easy platform to earn a few extra bucks.