The site, is part of Mein Gutscheincode GmbH, a Berlin headquartered two year old startup which offers coupon codes for over 2,600 German online stores. The company also operates websites in France, Spain, Italy, Ireland and Poland, said a statement.
Only last month, Rocket Internet GmbH, a company run by Samwer brothers out of Germany launched CupoNation, a coupon site for India from Gurgaon.
In India, there are other startups such as CouponDunia which offer discount coupons to the customers. The space is getting increasingly competitive as more and more players enter. One doesn’t need to look further than Google to conclude that this is a crowded space. A simple search for discount coupons throws up many other sites such as Couponzguru.com, 27Coupons.com, Upto75.com, mdeals.in, bangalorecoupons.com.
On a recent post at Pi, Sameer Parwani, the founder of CouponDunia commented that CupoNation has simply copied coupons from his website.