Funding organic growth initiatives -9000cr

Our Company proposes to utilise the Net Proceeds of the Fresh Issue towards funding the following objects:Funding organic growth initiatives

andGeneral corporate purposes

We offer an extensive range of affordable, value-based merchandise sourced from quality-focused sellers.

Through artificial intelligence and machine learning, our platform enables value shoppers to embark on a personalized and discovery-driven buying journey, finding relevant and captivating products.

Utilizing asset-light logistics and the UniMove Logistics Platform improves control, user experience, and reduces pre-delivery returns, resulting in positive unit economics.

We provide multi-lingual, easily accessible, and personalized user support for new and early internet shoppers.

Custom-developed, self-contained technology stack tailored for value eCommerce, minimizing external dependencies and reducing operating costs.

Its success relies on the expansion of India's online commerce sector and its agile adaptation to evolving user preferences on digital platforms.

The company has experienced previous losses and is susceptible to potential future financial deficits.

Any damage to the brand, reputation, or failure to uphold, safeguard, and improve its brand integrity.

Inability to retain current users or sustain order volumes could jeopardize revenue and profit margins in the long run.

Inadequate recognition and timely adaptation to evolving user preferences and spending trends may result in failure to respond effectively.