India-based CouponzGuru comes to Singapore
The coupon aggregation company aims to enter a new country every two months with Malaysia, Australia, Brazil and Indonesia in the pipelineBy Twishy Shahi 03 Sep, 2014
Indian coupon aggregation site CouponzGuru is expanding overseas with the launch of its Singapore website couponzguru.sg. After this, the company is aiming to enter into a new country every two months with Malaysia, Australia, Brazil and Indonesia in the pipeline.
It has tied up with travel sites such as Expedia, Hotels.sg, Zuji and Booking.com for travel deals. It is going to host discount deals of popular online retailers such as Zalora, Valuebasket, Rakuten, Luxola, and Redmart. The company is also working with affiliate networks such as Tyroo, OMG and Commission Junction.
Vikash Khetan, CEO, Couponzguru said, “We launched CouponzGuru in India when the coupon industry was nascent, and that worked for us. Right now, SEA is a raw market for e-commerce and couponing; it’s relatively new and has a huge potential as compared to the West, which is a saturated market.”
“Singapore is a cosmopolitan city, which has a large population as working professionals. They tend to buy more online and we want to target them. The business model of the site will be the same, however, the merchants offering deals and discounts will be different. Singapore being a business hub, we will concentrate more on travel,” he added.
There exist several coupon sites in Singapore but, according to Khetan, they are hardly updated frequently. He added that CouponzGuru will be updated daily and will only have working coupons and deals.
Launched in 2011, CouponzGuru is one of the first coupon aggregating sites in India. It claims to have discount coupons for over 350 online stores.
Online couponing is growing with the rapid growth of e-commerce. According to a recent report, 74 per cent online buyers in India visit coupon and deals sites before making a purchase. Markets such as Singapore and Indonesia offer great opportunity for seasoned Indian players to expand in the region.
foodpanda Indonesia Foodpanda together with its affiliated brand hellofood is the leading group of online food ordering platforms active in more than 30 countries. Latest funding: Not specified Investors: Not specified
CouponzGuru India Couponzguru.com is one of the leading coupons and deals websites in India. At CouponzGuru, they provide their users the latest coupons and deals for Online Shopping portals, Travel Portals etc. Latest funding: Not specified Investors: Not specified
Rakuten Japan Rakuten is a leading e-commerce company with more than 18 million customer accounts, focused on providing its customers with a rewarding shopping experience. Latest funding: Not specified Investors: Not specified
RedMart Singapore RedMart is an online supermarket in Singapore that delivers groceries and home essentials to your door. Latest funding: Not specified Investors: Not specified
Expedia United States of America Expedia is an online travel agency. It enables users to access a wide ranges of services. It books airline tickets, hotel reservations, car rentals, cruises, vacation packages, and various attractions Latest funding: Not specified Investors: Not specified
Luxola Singapore The luxury of having the hottest cult makeup and skincare products from around the world in one place, delivered to users doorstep with excellent customer service. Latest funding: Not specified Investors: Not specified