14 May,2021 04:54 PM IST | Mumbai | BrandMedia
Lfyd
Are you someone who simply loves Deals and discounts but often misses them when they arrive because of less information? Or are you a business owner who wants to grow your customer base without incurring huge costs?
Whether a consumer or a seller, everyone wants to minimize their costs in everyday lives. Consumers always have an eye for discounts and offers which might be very favorable to save them some bucks, similarly, sellers are willing to attract more customers but by deploying lesser marketing and promotion costs, in either way, Lfyd is an at par solution.
Based on a state-of-the-art technology that has a dedicated app for both customers and sellers, Lfyd is seeing a skyrocketing growth in its reach and has successfully made its way through dedicated 42000 plus active users and over 1.8M safe transactions till date.
Backed by NASSCOM and India Accelerator, Lfyd has been founded by a father-son duo, Mr. Dharam Chand Patnaik and Mr. Satyajeet Patnayak the former is a retired government officer with 30 plus years of experience in finance and the latter already being a seasoned entrepreneur, had exited from an EMobility startup before starting the current one
Avowing to be the platform that ensures that no one misses out on an amazing deal or any festive and seasonal sale for themselves, Lfyd is led by a team of seasoned enablers who have propelled the increase in reach with over 2600 merchants by meeting them with their target audience.
Not only this, their vision encompasses catering to even those sellers who are not able to expose their businesses due to their unfavorable location or because of being new to the market.
Having dedicated apps for both customers and sellers, the committed team at Lfyd has envisioned an atmosphere with their apps that puts each information at a one-stop place for hassle-free transactions that are made attractive with rewards and offers.
Another magnificent takeaway while transacting with the Lfyd app is their smooth interface which is consistently updated as per any festive sales, offers, services in and around a location, etc. Working on a freemium model where the buyers have to pay nothing for encashing deals and sellers give a small percentage of each transaction that is done via their apps, Lfyd has revolutionized buying-selling transactions with dozens of happy and satisfied users in India.
In a nutshell, with their seamless approach to bringing convenience and affordability to its scores of users, Lfyd is certainly playing the role of giving wings to millennials with ease
Lfyd has participated in various awards and competitions, It was one among the Top 100 Startups in South Asia at the Innopreneurs Contest, and on the startup, ranking it was ranked among 100 Best Business development startups of 2020 It was aIso the Top 10% of total Startups that pitched at Y Combinator for Winter 2020 Batch.