Favcy Venture Builders present - Swadesi by Madhav Dhir
Opening Day - 30th January , 2021
Stage - Product Ready, Pre-Revenue 1st Cheque
Industry - E-commerce
Idea- For the patriot in all of us, Swadesi is an e-commerce marketplace for Indian products across categories to make sure India buys local and finds the best Made-in-India products for all needs.
ABOUT THE FOUNDER:
Madhav Dhir: (Linkedin)
Madhav Dhir holds an undergraduate degree from Warwick Business School and a postgraduate degree from Imperial College, London. He has previously resurrected and built Lords Chloro Alkali Ltd from scratch to INR 250 Crore turnover in 5 years. In the past, Madhav has also worked extensively across various Legal, Hospitality, Real Estate and Financial Service sectors through his family businesses. He is now taking on e-commerce giants with a Made-in-India platform for all Made-in-India products to create a niche that fancies the sentiment of the Indian diaspora.
Madhav's viewpoint on diving into the market now:
Founder's insights on the size of the Indian E-commerce Market:
Madhav's Outlook on the needs of Indian Suppliers:
Rise of the 'Vocal for Local' movement in India:
Market entry explained:
Here, the founder takes us through the competitive landscape
LTV:CAC Model for Swadesi:
Pre-Product Traction and the Key Milestones achieved by Swadesi:
Founder's Vision for the Next Milestones:
Madhav's insight on Market Timing:
When an Investor asked: What will happen if Amazon decide to make a separate division for Indian products?
Focus areas for the road ahead:
On being asked by the investor about the logistics setup:
When an Investor asked: What advantages does Swadesi bring for the Vendors if they switch from Amazon/Flipkart to their Platform?
Question: What sort of government alignment policies are you looking for that will give an impetus to Swadesi?
When an Investor asked: Do you plan to include brick and mortar stores? How do you drive value for them?
Question: What is the socio-economic impact expected from Swadesi?
Long-Term Vision for Swadesi:
Interested to know more:
Opening Day Deck: