Exclusive: Here are the quirky products parents are buying on BabyChakra
Advertisement
Advertisement
Indian baby care market is poised to grow at the rate of 13.66% CAGR over the coming years and e-commerce players like BabyChakra and FirstCry want to be at the helm of it.
ALSO READ: What India can take away from UK’s startup-friendly policies
According to reports, many of the leading players in this sector have made an ambitious projection of the sector growing faster than the 15% on the account of increased spending per child in India which is expected to increase from INR 6917 to INR 14079 at the rate of 12.57% CAGR as the number of babies in the age group of 0-5 years is going to increase from 127 million to 135 million by 2020.
ALSO READ: Flipkart is Number 1 amongst India’s Most Trusted E-Tailing Brands
Advertisement
BabyChakra is a Mumbai-based startup that aims to build a one-stop ecosystem for baby care by integrating community, content, and commerce. The company connects over 500000 young parents on a monthly basis.
Not just that, the firm has over 17000 services listed on its platform spanning across Bangalore, Mumbai, and Delhi.
ALSO READ: Exclusive: This food startup is giving competition to Subway with its changing organic menu
Here are some quirky things that parents buy for their newborns on BabyChakra:
Advertisement
1) Organic baby products, baby safety products, customized baby shower hampers are some unique products that people buy for their kids.2) In services, some prenatal classes, maternity hospital packages, lactation consultations, daycare packages are tried out by parents and to be parents.
3) Individual transactions in excess of Rs. 20,000 are a norm on the platform proving that this segment has a high potential to grow.
Advertisement
- I spent $2,000 for 7 nights in a 179-square-foot room on one of the world's largest cruise ships. Take a look inside my cabin.
- Colon cancer rates are rising in young people. If you have two symptoms you should get a colonoscopy, a GI oncologist says.
- Saudi Arabia wants China to help fund its struggling $500 billion Neom megaproject. Investors may not be too excited.
- Catan adds climate change to the latest edition of the world-famous board game
- Tired of blatant misinformation in the media? This video game can help you and your family fight fake news!
- Tired of blatant misinformation in the media? This video game can help you and your family fight fake news!
- JNK India IPO allotment – How to check allotment, GMP, listing date and more
- Indian Army unveils selfie point at Hombotingla Pass ahead of 25th anniversary of Kargil Vijay Diwas
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market