Sandeep Aggarwal, ex-Founder of shopclues invests an undisclosed amount in Wydr, a mobile-first wholesale marketplace platform.
Wydr is targeting the $300 billion Indian Wholesale market which currently has more than 14 million retailers at play.
The company aims to offer tech-driven business solutions to make wholesale buying and selling organised, seamless and hassle-free through features such as real-time catalogue sharing, network building, deal discovery, and order processing.
“Devesh and I worked for several years building ShopClues together, it was more than clear that I wanted to back him up as soon as I heard about his entrepreneurial ambitions. Wydr fit in perfectly into my vision of a game-changing entrepreneurial venture and has the potential to aggregate the wholesale market at an unprecedented scale,” says Sandeep Aggarwal (now founder of Droom)