Verve Systems Pvt Ltd is an online e-commerce enabler tool with a web portal and mobile apps for a simple order-process-payment-deliver mechanism.
2017
Founding Team Hired
Identified people within the existing team right from the conception to development stage of the product.
2019
Product Launch
Launched the Lokaly Marketplace in Ahmedabad for Grocery, Veg/Fruit stores and Restaurants. The traction was very limited and that led to the thought of making more improvements in the product in the coming times.
2020
Product Launch
This became the 2nd launch of the Lokaly brand with the new avatar as White-label Solution. With the pandemic and lockdown ongoing, there was enough proof-of-concept and hence early adoption in India as well as the US and Canada by the turn of year.
Started Generating Revenue
With the 1st 3 customers onboarded for the White-label Solution of Lokaly, we were in the process of generating good revenue from these sales in Ahmedabad, Mumbai and Texas.
Became Profitable
Profitability from the platform/solution development perspective was achieved as we acquired 3 new customers and their completion.
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