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Nearwala is a hyper-local shopping aggregator platform that connects users with nearby local shops, offering assured cash discounts on every purchase
Nearwala, a brand under Nearpay Innovations Private Limited, is a hyper-local shopping aggregator platform that connects users with nearby local shops, offering assured cash discounts on every purchase. NEARWALA.COM Founded in 2022 by Rajiv Surendran and Rahul K C, Nearwala aims to empower local businesses by increasing customer engagement through personalized recommendations, real-time discounts, and comprehensive CRM solutions. Nearpay Innovations Private Limited, incorporated on February 22, 2024, serves as the parent company of Nearwala. It is registered in Bangalore, Karnataka. By supporting local merchants, Nearwala fosters community engagement and economic growth, providing users with the convenience of discovering products and services from nearby stores while enjoying significant savings.
2024
Company Incorporation
After extensive testing and validation in real market settings. By the time of incorporation, we had onboarded over 50 merchants and attracted more than 1,000 users, following pilot runs in Calicut and select of Bangalore.
Raised Funding
Our initial seed funding of INR 25 lakh from a Hyderabad-based investor, who subsequently became our implementation partner in the city. We have successfully onboarded over 500 merchants and engaged more than 20,000 active users in Hyderabad.
B2B
Nearwala is an AI-powered customer lead generation platform that helps local shops and SMEs compete with e-commerce giants by generating customer leads, offering personalized recommendations, and providing real-time discounts to their customers.
Client Segment
:
AdTech,
Services,
FinTech,
Hyperlocal,
Marketplace,
Retail,
Software,
Technology
Target Companies
:
Small Enterprise,
Medium Enterprise
Target Geography
:
B2C
Nearwala's target customers who have monthly earnings between 10K and 100K which include local shoppers seeking neighborhood products, value seekers desiring discounts and cashback, tech-savvy users utilizing mobile apps for deals, and community-oriented individuals supporting local economies.
User Age
:
18 to 25,
26 to 34,
35 to 45,
46 to 60
User Income
:
Lower-middle Income,
Upper-middle Income
Location
:
Frequently Asked Questions
