What is DotPe? If you're like a lot of people, you've been hearing more and more about this company, but you may not know exactly what they're all about. Suffice it to say the company, which is based in India, is taking that section of the world by storm as one of the foremost agencies when it comes to helping entrepreneurs start an online marketplace. If you're curious to know more, here are 20 things about the company that might interest you.
1. They help people who have businesses started through other agencies
People that have always dreamed of starting a business of their own often struggle with finding the right platform to go about doing exactly that. For those that have been at it for a while, they may have a business on another platform that isn't working as effectively as they'd hoped. If that describes your situation, you're in luck because this particular company can take the information that you already have and then use it to help you build a store through their platform, one that is capable of completely transforming the number of sales that you see each month. In short, they can help you make a lot more money than you probably ever dreamed you could make, even if you've already got a store on another platform and you're struggling to make ends meet.
2. They also help those who have never started an online business before
Now that you already know that the company can help you if you have a business on another platform that isn't doing as well as you would like to be doing, you may be wondering what could potentially happen if you've always dreamed of starting an online business, yet you've never found the time (or the courage) to take the plunge. The good news is that they routinely help people who have never started an online business and have no experience in doing so. With their help, you can potentially have that business that you've always dreamed of. Chances are, you can also see it succeed well beyond your wildest dreams.
3. You can sell literally anything using their platform
A lot of companies like this put restrictions on the types of things that you can sell. For example, you may only be allowed to sell antiques or handmade items. There are no such restrictions here. It doesn't matter if you're talking about something that is uniquely handcrafted, clothing, or even food products. There is a place for literally everything on this site and they will help you sell whatever it is that you have.
4. The company can help you learn how to sell from anywhere
According to this company, selling things should not be something that ties you to a laptop or to an office all day long. In short, they believe that you should be able to sell whatever you want to sell from wherever you are at the moment. That's precisely why they help you build a store that more or less runs itself. Any attention that you need to give it can be handled through a tablet or even a smartphone while you're on the go.
5. They help people build stores that make money while they’re sleeping
As you can see, a store that is capable of running itself more often than not is one that tends to be more profitable. It's true, using their platform does often allow people to make money from their stores while they're sleeping. People can still go to your store front and purchase whatever they want. Imagine waking up to see that you’ve sold a number of items. For people that want to own their own business, it's one of the best feelings in the world.
6. They also assist with marketing
Marketing is often the elephant in the room when it comes to running your own online business. People that are very creative love doing exactly that, creating things. They may not be as well versed in marketing. Even those who know what they need to do may find it extremely difficult to do so, as it's not the part of the business that most people want to focus on. For those with extremely creative minds, it can be very difficult to buckle down and handle the business side of things as opposed to merely creating new items. The problem is, you can't really sell anything effectively if no one knows that it's available for sale in the first place. It doesn't matter how great the product you're offering for sale is, it's not going to make you any money if you can't get the word out properly. This company helps you do exactly that, not only walking you through the process, but helping you build a system that automatically incorporates digital marketing so that you don't have to spend as much time worrying about it in any capacity.
7. They make orders and payments a secure process
Another thing that stops a lot of people from developing their own online business is fear that orders and payments won't be secure and will eventually turn into an absolute disaster. Again, this is where the company really saves the day. They make all of these things secure so that you can put your items up for sale and then know that the ordering process is secure so that both you and your customers are protected. You get the money that you're owed and everyone's information is kept secure. Your customer gets the item that they purchased and everybody gets to go home happy at the end of the day.
8. They can even help their clients set up delivery options
It might be difficult to believe, but for those customers who live in some of the larger portions of India, the company even coordinates delivery options so that those customers receive their items even faster. In many cases, it really is like a one-stop-shop that gets you everything you need from start to finish, all while making the process as seamless as possible for both the customer and the seller.
9. They help even the technologically-challenged set up great looking stores
Maybe you've tried to set up an online store in the past and found it more technologically challenging than you felt like you could handle at the time. After all, creating an online store that looks great isn't exactly the easiest thing in the world to do. Fortunately, this is a company that makes it all seem like it's very easy. In fact, it all seems so effortless that it's almost hard to believe that you're actually creating something that's going to look nothing short of fantastic. The real benefit here is that it doesn't take forever to get it done, either.
10. Their dashboard helps you see everything about your business in a single glance
When you’re running your own online business, you want to know what's going on with it whenever you feel the need to take a look at things. They have a dashboard that you can access from your smartphone that gives you everything you need to know in a single single glance. You can look at the number of items sold, the amount of money that you've made throughout the course of the last 30 days and even see if you have new messages from customers. It really doesn't get any easier than that.
11. They’re based in India
This company might be based in India, but they are definitely making waves around the globe. As a matter of fact, they are currently based in Gurgaon, Haryana. Considering their massive amount of success, there is every chance that the company might truly become a worldwide force to be reckoned with in the relatively near future. At the moment, everything seems to be indicating that they are indeed moving in that direction. The company is still relatively young. As a matter of fact, some might even say that it's still in its infancy. Nevertheless, it's attracting the attention of major investors from all over the world, as you'll see in one of the coming sections of this article.
12. The company employs a fair number of people
At the moment, they have about 150 employees. That sounds like a considerable number of people for a company that hasn't really been operating all that long. However, they genuinely need to have all these employees at the ready in order to make sure that everything continues running as smoothly as possible. That fact alone should tell you how many customers are already utilizing their services in order to help their own customers. For the people who work for DotPe, it's not just about making money. At the heart of it all, it's about helping other people realize their own dreams.
13. They’re making waves in their first round of fundraising
One of the more interesting things about the company is that they're currently about to enter their second round of fundraising, having just completed the first round. That being said, they made more money from that single round of fundraising than a lot of companies make after four or even five rounds that take place throughout the course of an entire fiscal year. Again, it's a fact that attests to the quality of this company because it proves that other people believe they're capable of doing exactly what they claim they can do.
14. So far, they’ve made more than $35 million
To date, the company has made just over $35 million, $35.5 million to be exact. Remember, that was out of a single round of fundraising. It's practically unheard of that a company makes this much in such a short amount of time, but the individuals who work there know how to conduct fundraising and they also know how to deliver on their promises, one of the key components that helps investors decide whether or not they should move forward themselves.
15. They’re still attracting investors
As a matter of fact, the company is still attracting investors. At the moment, they have no less than 11 major investors lined up and there is every reason to believe that more will come on board as they move through the next few phases of fundraising. It's interesting to note that a lot of major companies that have been in business for years don't have this many investors that are interested in coming on board. Again, it is a testament to the dedication and quality of work produced by these particular individuals at DotPe.
16. They’ve even acquired another company
The company has even managed to acquire another company, Rista Mobility. They acquired this company in late 2021, something that is very rare for a company this young to do. It proves that they are on track to continue their already-impressive growth as they move into the future.
17. At the moment, they are a private company
Currently, they are a private company and are not traded publicly on the stock market. At the moment, it is far too early to talk about potentially making changes with regard to this particular situation. However, there is every reason to believe with a relatively high amount of confidence that they will eventually become publicly traded, especially when you consider how rapidly they are growing.
18. They have Google on their side
Recently, it was announced that the company had gotten Google's attention. The thing is, they got their attention in all the best ways possible. As it turns out, Google is so impressed with the company that they decided to not only invest in them, but also partner with them.
19. The company is growing faster than you can probably even imagine
It's already been well established that this company is experiencing rapid growth, but it's probably faster than you could even imagine. The reality of the situation is that in just 20 days, the company added another 55,000 merchants. Obviously, they are growing by leaps and bounds. The only thing that concerns some people is a fear that they might potentially be growing a bit too quickly. However, they seem to be managing the situation very well.
20. They’re on target to become even bigger than Amazon
If they continue this type of growth, it's possible that they could be on target to become even bigger than Amazon, sooner rather than later. This could be a real benefit for merchants who sell their items online and for the people who buy those items, as Amazon definitely has the market cornered. Truth be told, some stiff competition might be the best thing for everyone involved.
Written by Allen Lee
Read more posts by Allen Lee