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Tuesday May 1, 2018 9:30 PM, ummid.com News Network

Online Store

Mumbai: Singapore-based e-commerce firm Shopmatic with a branch in India has announced an initiative through which sellers across the country can start an online store almost free of cost.

Under its Inspiring Entrepreneurship Programme, Shopmatic is offering tools to build an online store, manage their inventory, receive and fulfil orders and also process and receive payments from customers for just US$ 1 for the first three months. "After the first three months, the cost will be $20 per month", it said in a statement.

"There are many aspiring entrepreneurs in India who have an idea, a creative capability or an ability to build beautiful products and intend to make a business by selling online. We have removed the complexity from e-commerce by eliminating the technological barriers that some aspiring entrepreneurs may have", Anurag Avula, CEO and Co-Founder, Shopmatic, said.

Shopmatic Pro solution provides a customisable store builder, payment gateway integration, shipping and logistics integration, data insights and promotional tools. Other features under the program include inventory management, online store management, data insights and analytics, marketing and expansion, mobile app and e-commerce support.

Shopmatic Pro is set up by three former Paypal employees. It is dedicated to helping small entrepreneurs move to the online space with ease. It provides a full business solution, and hand-holds small businesses to scale up.

Shopmatic Pro has a presence in India, Singapore and Hong Kong, with around 85,000 customers on board. It also plans to enter Indonesia, Thailand, Philippines and Middle East in the next six to nine months.

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