Flipkart co-founder Binny Bansal launches new startup named, OppDoor, will provide services to e-commerce firms related to design, product, human resource, and other backend support, according to media reports. These services will be provided to enterprises willing to expand their businesses to other regions by leveraging network platforms like Amazon and others.
Flipkart co-founder Binny Bansal has reportedly launched his new startup to provide end-to-end solutions to e-commerce firms. Bansal had parted ways with Flipkart following its acquisition by Walmart in 2018. It is the first time he has come up with his venture after leaving Flipkart.
OppDoor Details:
The startup is registered in Singapore and was established in May 2021. The company is operating as a venture capital firm and was earlier known as ‘Three State Ventures Pte Ltd.’ The company is receiving investment from different startups across India (like Curefood, and Scapia).
OppDoor’s Function:
The company’s main aim is to help firms achieve e-commerce excellence across the globe. The company’s main purpose is to support e-commerce companies to expand operations globally by providing them with end-to-end solutions.
Company offer a comprehensive suite of services that span a brand’s complete lifecycle, from birth to exit. Hence, we provide both fully managed operations and business advisory services,” says the OppDoor website. The company works with platforms like Amazon, Walmart, Etsy, etc.
OppDoor Operating:
Company provides services primarily in eight countries. The list of locations where OppDoor is functioning are Australia, Canada, Germany, Japan, Mexico, Singapore, the UK, and the US. The company is currently not providing services in India as there was no mention of India on its website. The company website doesn’t provide details of Benny Bansal as its owner, however Moneycontrol, referring to a source, has confirmed that the startup is owned by him. The company deals directly with businesses and helps them expand their operations across the world.
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