Stellaris Ventures invested in Wydr, an innovative online marketplace addressing the challenges of India's $175 billion wholesale trading market by improving transparency and connectivity between retailers and wholesalers.
Information on the Target
Wydr is an innovative online marketplace that aims to tap into India's burgeoning $175 billion wholesale trading market. By addressing critical pain points faced by both buyers and sellers, Wydr is revolutionizing the wholesale distribution landscape in a country characterized by a significant reliance on intermediaries and the traditional wholesale route.
Founders Devesh Rai and his team have designed Wydr with a strong focus on improving accessibility and transparency in wholesale transactions. Their platform offers solutions for seamlessly connecting retailers to wholesalers and vendors, thereby minimizing the fragmentation that has historically defined this sector.
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Industry Overview in India
The Indian retail sector operates at approximately $300 billion annually, yet around 70-80% of transactions occur through wholesale channels. This fragm
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Stellaris
invested in
Wydr
in 2023
in a Seed Stage deal
Disclosed details
Transaction Size: $175,000M