your Business Concept
SoftRupaya is a SaaS software. A full-stack ERP, focussing on operations management for ecommerce entities ,namely, sellers, POS or enterprises. We have built a cataloguing module for online sellers and are Pioneers to do the same with some interesting features in it like Image Hosting, Search Keyword & Combo Making. Ware House Management , Different Billing Address Management , Payment Reconciliation of sold as well as sales returns & marketplace promotions, re-pricing push feature with real-time promotions calculation logic, Logistics Tracker, Selling Price Comparison, Net Seller Payable Module, orders Management, Inventory Management & Return Management, Vendor Management, Staff Management and Logistics Marketplace with Tracking.
Under the Payment Reconciliation Module we will also be providing them mailers, which they are supposed to send to the marketplace Support Team . In Net Seller payable Module the client gets to pre-assess net profitability before processing of order based upon complex system algorithm. In Staff Management Module we will be also giving Bug Tracker so as to keep a check on the Team.
In a nutshell SoftRupaya aims at providing Retailers a single window platform for operations management.
How About Competitors
Usually companies have 1 or at the most 2 USPs but we have many viz.
1. Automatic Cataloguing for multiple marketplaces at a single window with intersting features like Image Hosting, Search Keyword and Combo Making installed in it.
2. Warehouses; the same will be approved by all the marketplaces
3. Vendor Management
4. Staff Management
How Invest Money
Till date we have invested approximately Rs. 10 Lakhs. into the business. We have invested this amount in developing our 1st Phase i.e. Cataloguing.
When You Thnk About Break Even
Currently our pre Launch is under way and we have a target to get minimum of 500 Users on Board within 1 month.
Thus the expected time for break even would be approximately 3 Years at the same rate with a proportionate increase.
Primarly we are focusing on 3 Sectors i.e.
1. Online Sellers
How To Use Money In Case Of Funding
We plan to invest the targeted amount of Rs. 3 crore in four different heads:
1. Rs. 2,00,00,000 will be invested in Development and R&D.
2. Rs. 50,00,000 will be invested in Marketing activities (Digital marketing, Events)
3. Rs. 30,00,000 willl be invested to Meet Administrative & operations Cost.
4. Rs. 20,00,000 for Expansions like Warehousing.