Want to earn in US dollars only with Rs 10,000 investment? This e-commerce startup has online lucrative business plan for its subscribers
The startup supplies the products and facilitates the creation of seller accounts on Amazons e-commerce platform. Entrepreneurs only need to notify Dropsy of incoming orders, and the company handles the fulfillment process.
Startup culture is booming in India, addressing various challenges and innovating solutions. One such startup, Dropsy, offers aspiring entrepreneurs the opportunity to start their own e-commerce business for as little as Rs 10,000 and earn in dollars from the comfort of their homes.
What Does Dropsy Do?
Dropsy manufactures a wide range of products, including apparel, and provides individuals with the chance to sell these items in international markets such as the United States and Canada. The startup supplies the products and facilitates the creation of seller accounts on Amazon's e-commerce platform. Entrepreneurs only need to notify Dropsy of incoming orders, and the company handles the fulfillment process.
Based in Noida, Uttar Pradesh, Dropsy was founded by Upendra Yadav and Sujit Yadav about a year ago with an initial investment of ₹50,000. In just one year, the startup's turnover has reached approximately Rs 70 lakh. The gross merchandise value (GMV), representing total sales with all sellers, has surpassed Rs 50-60 crore.
How to Start a Business with Dropsy?
Interested individuals can begin their entrepreneurial journey by visiting the startup's website, thedropsy.com, and following the registration process. An initial investment of Rs 10,000 is required to join. Dropsy also offers various plans, including a sales guarantee, enabling higher earnings for those willing to invest more.
Challenges and Growth
The founders of Dropsy faced significant challenges in the early stages, particularly with shipping products internationally. Ensuring product quality and meeting the preferences of foreign customers, including size specifications for clothing and shoes, were additional hurdles. Initially, many people struggled to understand the business model. However, Dropsy has since overcome these challenges and is experiencing rapid growth.
Dropsy's innovative approach is empowering individuals to tap into global markets, providing a promising opportunity for budding entrepreneurs to achieve financial independence.
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