BuyHatke is an innovative e-Commerce customers assistance portal which was started by two IIT Kharagpur students, Gaurav Dahake and Prashant Singh back in 2012. Founders of BuyHatke now reveals the success mantra of BuyHatke exclusively to Geek Tech users.
To give a brief about BuyHatke, the portal grabs the price of the commodity that you are looking for from various online store and gives you the best price and offer details all at one place. User don’t have to visit various online stores just to compare the price; BuyHatke does it all. Thus giving user a comfortable experience of online shopping.
Here is an exclusive interview with Gaurav Dahake and Prashant Singh:
1. How did BuyHatke originate (the idea)?
The start has a really interesting story. Our (the founding team’s – Gaurav and Prashant ) friends’ birthday was approaching and we thought we could gift him an iPod. So we started scouting online. And we just could not boil down on a store. Some website said this store is great, some said the other one’s better –every online store was giving a different price and different delivery times and different discounts and there was no place where I could gauge reliability. After 3 hours of painstaking effort we ordered an I-Pod to find out that we could have saved 300 Rs. more from xyz store and the order would get delayed by 5 days – meaning it would arrive after my friends’ birthday was over. It was an intensely frustrating experience which turned into the start of a truly awesome journey when we decided to put an end to this misery along-with Srikanth (the design lead) and solve this huge customer pain-point by sowing in the seeds of India’s most exhaustive product and price discovery service with the hatke team.
2. Can you tell us a little about your team?
Gaurav leads the execution. He is a passionate product person with an amazing business knack. Has won awards at business plan competitions and product competitions globally.
Prashant the CTO is simply one of the best developers kgp has ever produced and that I say even after knowing it includes the likes of Mr. Panda the founder of Google Panda algorithm.
Srikanth works on the UI and UX and has a great liking for a beautiful design.
We have been working for the past 20 months now and the journey has been tremendous to say the least. The fire in the belly has risen further and the bonding strengthened more. The egoless nature of the founding team has helped us brave of any challenges we were posed and we are ready for more. Bring them on.
3. How is BuyHatke different from other players in the same domain?
We are by far the most innovative company among the startups in this space. We have launched innovations that change the way people make online shopping decisions. For all online shoppers this is a must have http://compare.buyhatke.com/extension.php – a chrome addon that speeds up your online shopping decision making from say an hour to 2 minutes. With this you are assured of getting the best price always. See a demo snippet on what all it provides in the video below.
4. Can you reveal a little statistics of BuyHatke in terms of numbers (like visitors, revenue, etc).
We receive over 1.5 million visitors to our website every month. We are growing at breakneck speeds and our extension has also received raving reviews and has over 15000 users using it daily. We are driving sales of over Rs. 3 Crores per month for e-commerce websites.
5. Who is your role model and why?
Larry Page. The way he has lead Google into the world’s most innovative company and at the same time the best company to work for.
6. Your best moment at BuyHatke?
The joy of seeing people save over 400000 rupees daily while shopping online and getting reviews from industry stalwarts like Ronnie Screwvala.
And everyday we get numerous such compliments. That makes us push further.
7. Your biggest huddle when you built the company?
Hiring great people was a challenge. We are building mechanisms to hire the absolute best people.
8. What are your future plans?
We are working on some amazing stuff. We would be rolling out some innovations soon to help consumers further in their decision making.
9. What tips/suggestion would you share to budding entrepreneurs?
Quoting Swami Vivekananda’s words:
“Take up one idea. Make that one idea your life; dream of it; think of it; live on that idea. Let the brain, the body, muscles, nerves, every part of your body be full of that idea, and just leave every other idea alone. This is the way to success, and this is the way great spiritual giants are produced.”