OfficeYes.com
OfficeYes.com is a B2B focussed e-commerce company headquartered in Gurgaon, India. It specialises in selling products that are required by businesses and organisations. Its categories include Office Supplies, Technology, Corporate Gifts and Office Furniture.
StartUP phase
Founded in 2012 by Arvind Sivdas an IIM Calcutta Alumnus and McKinsey consultant & Rajiv Bhala along with support from Rocket MD William Pearce. Sumeet Kale joined this leadership team along the way as an intern with co-founder responsibilities during him MBA at some IVY league school. Siddharth Nambiar, an Oxford University MBA and former Evalueserve consultant moved from Rocket Internet to join the Founding team after helping setup Jabong, PrintVenue.com and 21diamonds.in. OfficeYes.com is a portfolio company of online venture builder Rocket Internet.
Business model
OfficeYes.com sells products to Indian SMEs and individual customers via its website, and also serves large corporates via customised microsites, where their employees can directly order products by logging into their company account on OfficeYes.com. Currently their similar venture (also backed by Rocket Internet) OfficeFab.com has not seen favorable interest with invenstors but OfficeYes seems to be going strong.
Funding
OfficeYes.com is believed to have raised between $2â$5 million from Rocket Internet and a US-based venture capital firm.