Sep 30, 2015

Why MebelKart [Furniture Startup] acquired 53central ?



MebelKart the online furniture startup acquired 53central to provide its own group buying services in the furniture category. MebelKart has acquired the crowd bargaining platform 53central.com for an undisclosed amount. In near future group buying in India is expected to become phenomenally large in case of the furniture and interior design industries.

About Mebelkart
Mebelkart is an online company selling over 90,000 furniture and home decor products from more than 500 manufacturers across India. The company aims to become the largest player dealing in logistically challenging categories through its unique locations based inventory exposure

Founded
2012

Founders
Rahul Agrawal (CEO)
Ranjeet Vimal (CTO),
Nikhil Saraf (COO)

Stats
90000 products
150000 customers
500 sellers
400 cities presence

About 53 central
53central used to provide group buying options for sports goods and also provide sports enthusiasts across several regions—a place to connect with one another, discuss their favorite products and activities.

Other Furniture Startups & Competitors in this Space
UrbanLadder
Fabfurnish
Pepperfry
Furlenco
LivSpace

Related Post
Interview with MebelKart Founder

tags: mebelkart, 53central, m&a, Josy Mathew, acqusition, furniture, startup, india, idea, business model, Ranjeet Vimal (CTO), Rahul Agrawal (CEO) and Nikhil Saraf (COO)

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