About Me Rishabh Verma

As an MBA with specialization in Business Management from the prestigious Management College, Gurgaon Campus, Rishabh Verma is a multi-talented guy who hasdabbled inboth Corporate Sector and Business with leadership skills amply displayed in lines like Clothing in Retail segment with brand like Swag, event management with brand like Art Madness, ecommerce with brand like Manthan Online etc. In 2017, he started his own clothing business under the brand name “Swagwear” which became an instant hit reaching a turnover of Rs. 5 Crores. The products of “Swagwear" are exported to USA and Sri Lanka.

Name:- Rishabh Verma
Address:- Kanpur
Birthdate:- 21 January 1989
Langages:- English,Hindi
Nationality:- Indian
Phone:- +91-8048742096
Experience:- 7 years
Email:- info@rishabhverma.co.in

Experience

Since 2018 Founder & CEO Manthanonline Info solution Private Limited
Since 2017 Founder HV Manufacturers and Traders
2014 - 2017 Director Sambhavi Group
2011 - 2012 Business Development Manager MNC Company
2011 - 2011 Management Trainee MNC Company

Education

2008 - 2010 MBA Degree Prestigious Management College, Gurgaon Campus

As an MBA with specialization in Business Management from the Prestigious Management College, Gurgaon Campus.

Achievements & Awards

Achievements

As an artist with a flair for creativity, Rishabh during his graduation dayshas won the first prize in the Annual Painting competition of his college. It is this flair for creativity due to which he keenly engages himself in the various designs of his clothing line and fashion products like clothes, accessories for men, women in ecommerce venture.

Awards

As a true achiever, he was awarded the Indian Icon Award in emerging Ecommerce marketplace in India by Bollywood personality Miss Diya Mirza recently in 2019. Rishabh has created a storm in the ecommerce marketplace with his venture Manthan Online, giving good competition to the likes of Flipkart, Snapdeal, and Amazonetc and is now valued at 48 crores .Rishabh has a decade of experience in Business Management and started his own business initially with a modest seed capital of Rs 10 lakhs

MANTHAN ONLINE: THE LATEST ECOMMERCE VENTURE FROM THE STABLE OF MR RISHABH VERMA
Manthan’s Mission:

To delight the customers in remotest part of country by providing quality products at affordable prices in fastest possible time.

Manthan’s Vision:

To become the most preferred ecommerce brand in India preferred

E-commerce Industry in India

The e-commerce has transformed the way business is done in India. The Indian e-commerce market is expected to grow to US$ 200 billion by 2026 from US$ 38.5 billion as of 2017. Much growth of the industry has been triggered by increasing internet and smartphone penetration. India’s internet economy is expected to double from US$125 billion as of April 2017 to US$ 250 billion by 2020, majorly backed by ecommerce. India’s E-commerce revenue is expected to jump from US$ 39 billion in 2017 to US$ 120 billion in 2020, growing at an annual rate of 51 per cent, the highest in the world.

The ecommerce industry in India is expected to increase at a CAGR of 20.09% from US$39Billion in the end of 2017 to US $200Billion by 2026.

ManthanOnline is an integrated e-commerce platform which offers Online marketplace having wide variety of products for the customers. Manthanonline has everything you can possibly imagine, from trending electronics like laptops, tablets, smartphones, and mobile accessories to in-vogue fashion staples like shoes, clothing and lifestyle accessories; from modern furniture like sofa sets, dining tables, and wardrobes to appliances that make your life easy like washing machines, TVs, ACs, mixer grinder juicers and other time-saving kitchen and small appliances; from home furnishings etc.Digital payment wallet (will be launched in future) - from which customers can pay all utility bills and make payments for the services rendered.

The company has achieved significant traction within few months of launching its operations and with a very limited working capital / marketing budget.

Month Milestone
2018 Company registered with an initial investment of INR20,00000
2018 Tested pilot version of the website
2019 Registered 5000 vendors and 1,50,000 SKU’s on pilot version of the website
2019 Pilot version generated sales of Rs. 50,00,000 per month
2019 Website launched

As of now, Company has listed 1,50,000 SKU’S and products from 5000 vendors in the website. The website has various products listed on it including mobiles, electronics, fashion wear, accessories etc.