Skip to content
  • English
  • Business
  • Entertainment
  • National
  • Lifestyle
  • Education
Daily News India

Daily News India

Just another WordPress site

  • English
  • Business
  • Entertainment
  • National
  • Lifestyle
  • Education
  • Toggle search form
  • Small retailers, Big dreams- Tradyl.com, taking Made in India fashion to the world Business
  • Indian Pharmaceutical Company conducts Clinical Analysis for the Supplement to battle against Post COVID-19 difficulties Business
  • An Evening with Krishna Lifestyle
  • Why Skipping Meals in the Journey of Weight Loss Is a Misconception: Dr. Snehal Adsule Health
  • Bengaluru based SaaS Startup Treflo launches GST Invoicing Application for MSMEs at Zero cost Business
  • Surat Takes a Stand Against Wastewater Pollution with Informative Session by Nitya Ensafe National
  • Furo Sports Shoes, increasing focus and demand amongst youth Business
  • Say No to Drugs and Embrace Your Life: Mohit Kamboj Press Release

Stufflane.com is now prepared for Sales Blast!

Posted on January 5, 2022 By

Mumbai (Maharashtra) [India], January 5: ‘Stufflane.com’, a sales-focused tech venture, is changing the dimension of eCommerce by using sales intelligence and information science. Since its launch, Stufflane has been reaching new milestones by breaking its own records quarter by quarter.

After fulfilling over 1,870 orders in the last fiscal year 2019-20, the company has crossed about 10,583 orders in the current fiscal year till 31 December 21. Stufflane now expects to fulfil at least 22,500 orders in the last quarter of this fiscal year 2020-21.

“We have crossed nearly 5.6 times of last year’s order levels in this fiscal year till now and are aiming to close this year with 33,000 orders. Our delivery points have increased from 99 pin-codes to about 3,500pin-codes. In the coming few years, we see Stufflane.com as a global brand reaching in various prominent geographies and serving people in both values and needs segments,” said M K Shelar, Promoter, Stufflane

Core to its heart, Stufflane strives hard to build a resource-independent, sustainable, scalable and profitable business. It is going to be a game-changer in the eCommerce space – claims the promoters because it will be using information science and sales intelligence in sales forecasting, pitching and customer acquisition.

Starting its journey from Mobile phone cases, the company now has plenty of products ranging from garments and gems to holy goods. Most of the products are sold in up-sell or cross-sell using artificial intelligence tools. The company follows a just-in-time inventory model for procuring goods, thereby keeping them free from inventory risks. Moreover, the company has a global shipping aggregator to back its shipping, freeing it from logistics hassles. The company is using this supply-chain bandwidth to maximise its sales potency, optimise costs, and effectively use its research to identify various high-margin products/sales territories to grow faster.

With a small team of nine, including the three promoters, the company has been able to raise INR 55 Lakhs in an angel funding round in the month of August 2021 and is now prepared for another funding round in this quarter. This second round will be unique because it is coming with a unique flavour of debentures carrying options of equity conversions or, in the investor’s parlance, “Optionally Convertible Debentures” [“OCDs”]. The angels who missed participating in its first rounds are the prospects most targeted by the company.

“This business model allows the company to ensure investments following sales and not the other way round. Obviously, its fixed capital requirement is very low, while it has the highest potential to scale up faster than its peers. Naturally, it does not engage in cash burning, which is the biggest risks generally investors face in start-ups working on e-Retailing models,” said V A Patankar, Promoter, Stufflane

For more information, kindly visit the website https://www.stufflane.com/ 

Business Tags:Business

Post navigation

Previous Post: Real Super Heroes and Women were awarded by Forever Star India Awards, Season 2 was a glimpse of Success
Next Post: Bible Seminar on What Jesus Told is achieved in Current Times

Related Posts

  • Hang Out, a leading name In Children’s Entertainment for over a decade, unfolds a new evolutionary dimension for the New Generation launched NEON BY HANGOUT Business
  • Business Mint’s 36th Nationwide Awards 2022 were held at the Radisson Blu Hotel in Bengaluru Business
  • HaveUs AeroTech acquires land parcel in Kolkata as the company continues MRO expansion spree Business
  • Reseal bestows Business Excellence Awards 2022 at Nashik Business
  • Vipul Jha notches success in export business with passion Business
  • ProventusHR’s LEAP Bags the Gold at the Brandon Hall Group’s HCM Excellence Awards Business

Recent Posts

  • Aayush Wellness Launches Brain Fuel Capsules
  • India’s AI Future Begins Here: Scaler School of Technology’s New-Age Engineering Blueprint
  • Protyze Launches HYDRA-X: India’s An Advanced Clear Protein with Electrolytes, Creatine & Glutamine.
  • IMS Ghaziabad (University Courses Campus) and Dainik Jagran Honor Academic Excellence at the ‘Pratibha Samman’ Ceremony
  • Vedic Meet – India’s Leading Problem-Solving App for Online Astrology

Recent Comments

  • Unknown on Participants Reap Rewards in Wellman’s 8-Week Digital Campaign: IPL Tickets, Autographed Virat Kohli Merchandise, and More!
  • Vanbros India – Introduces Their New Top-Of-The-Line Avantgarde Furniture Collection Lifestyle
  • Western Digital WD Green SN350 NVMe SSD: Same Computer, Better Performance Business
  • Aprameya Engineering IPO To Open On 25th July, Sets Price Band at Rs 56 to Rs 58 Per Share Business
  • Haut Monde Mrs India Worldwide Grand Finale Season 13: Celebrating Women’s Empowerment and Diversity Lifestyle
  • Dr Ajit Saigal’s HTO Plate for Osteoarthritis with Genu Varus Health
  • Motia Guildford Square: A Hub of Corporates and MNCs in Tricity Business
  • A grand civil reception ceremony for Acharya Shri Mahashraman ji hosted at Mahavir Samvasaran in Surat Business
  • Kartik Aaryan, Chandu Champion, and Bhool Bhulaiyaa 3 Win Top Honours at Iconic Gold Awards 2025 Entertainment

Copyright © 2025 Daily News India.

Powered by PressBook News WordPress theme