SwopStore Eyes on 400 Cr by the Fiscal Year 2024-2025

SwopStore Eyes on 400 Cr by the Fiscal Year 2024-2025

New Delhi, 2nd May 2024 – SwopStore, a leading Customer Acquisition platform for online businesses, is on track to achieve a Gross Merchandise Value (GMV) of 400 Cr. by the fiscal year 2024-2025. Building on its recent milestone of surpassing 5 Cr. GMV for March 2024, the company is poised for exponential growth in the coming years.

Throughout FY 2023-2024, SwopStore has demonstrated robust performance, with consistent Month–on–month growth of 40% in GMV and revenue. This impressive trajectory underscores SwopStore’s strategic initiatives, including targeted acquisitions, collaborations, and a steadfast commitment to customer satisfaction.

By prioritizing market expansion and enhancing offerings through acquisitions and collaborations, SwopStore has solidified its position as a key player in the industry. Notable acquisitions include The Man Company, Bombay Shaving, Perform, Snitch, Plix Life, Enamor, Hindustan Liver, Earth Rhythm, Godrej, Lenskart, and John Jacob.

Ayush Gupta, CEO of SwopStore, is passionate about propelling the company forward by achieving milestones, fostering meaningful relationships, and delivering value to stakeholders. He recently shared his excitement about SwopStore’s ambitious goal of reaching a Gross Merchandise Value (GMV) of 400 Cr, a testament to the company’s dedication to growth and conscious consumerism.

With a proven track record of scaling up sales for over 100 online businesses by up to 20% in the past year and facilitating 1 million transactions, SwopStore has solidified its position as a leader in driving sales and nurturing customer relationships in the ever-evolving e-commerce landscape. The platform’s user-friendly interface and data-driven strategies have consistently set it apart, enabling brands to expand their customer base and enhance sales figures effectively.

In addition to its remarkable achievements, SwopStore aims to target key sectors such as fintech, quick-commerce services, multinational restaurant aggregators, airlines, banking loyalty programs, and hotel chain loyalty programs. By strategically focusing on these sectors, SwopStore intends to further broaden its impact and establish itself as a versatile solution provider in the global marketplace, he added”.