Online Selling and Buying becomes easier with PennyIndia
1. Tell us a little bit about your startup “Pennyindia”
“Pennyindia” is a cashback site that offers the highest cashback in the industry. It has got a lot of cool features like auto-withdrawal. We are planning to give some percentage of the profit to the orphanage and underprivileged children. It is the first and the only cashback site in Odisha designed and operated by students from N.I.T Rourkela.
2. How did you come with this idea and why this name?
It was in class 11 when I got exposure to the internet. At that time, I had the passion for being an ethical hacker and for starting something of my own. And I found that lot of people in India fear to shop online .Thus, I planned to bring an online revolution. But at that time, I had no opportunity to start up for something. But in my B.Tech first year I thought of building a cashback site thus came “Pennyindia.com” into existence. And for that, I needed a co-founder who can support me to overcome every obstacle and ya none other than Abhijeet was suitable for this.
And coming to the name part we wanted that our country’s name should be there in the name of our company and since, we deal with cashback, ‘penny’ came to our mind and we coined “Pennyindia”.
3. How time-consuming or difficult was it to get started?
It took a period of around 6 months to tie up with the companies and build the site.
Ya, in the initial stage it was difficult because in the first year we have a very hectic schedule and hardly any time to spare. But our burning desire to be the youngest start-up founders in Odisha made us manage the time.
And now see we have Pennyindia.com and indeed without the support of our parents and friends it would have been very difficult in our part .
4. What problem “pennyindia” solve?
“Pennyindia” is trying to narrow the gap between the e-commerce sites and the people shopping online and now also we are trying to focus on small ecommerce start-ups of Odisha by bringing users to them.
5. Tell us about your team.
Currently, we are two me and my co-founder. We would very soon recruit team members as graphics and web designer, operational head and content writers.
6. What are the different challenges you are facing for operation?
Being bootstrapped, the first problem that we face is incurring the advertising fees. Also, class timings and net facility are the challenges. But the e-cell of the institute is trying to help us to overcome these problems.Your vision and mission.
7. Your vision and mission.
Our motto is to bring a complete online revolution first in Odisha then in India by 2020. Unlike other e-commerce sites, our mission is also to conquer India’s e-market
