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- Story Listed as: True Life For Adults
- Theme: Inspirational
- Subject: Personal Growth / Achievement
- Published: 02/18/2015
The Man of Ideas: Transforming E-Commerce in India
Born 1969, M, from Mumbai india, IndiaSubhash Jewria is a triumphant enterpriser and a visionary in the digital marketplace of India. Hailing from a rural background near Ghaziabad, Uttar Pradesh, the rise from humble beginnings to his subsequent successes and achievements is a mark of his hard-working and resolute nature.
His tryst with making his own means had an unassuming start when he was in standard X and employed as an office clerk in a Chartered Accountant’s firm. According to him, his first paycheck of a meager Rs. 300 is of significant value to him and holds a much higher place than his current financial success. Essentially a non-graduate due to circumstances, his vision and competence to grasp consumer insights is what has fuelled his journey in his ventures. He believes knowledge is omnipresent and a mere college degree cannot be a judge of one’s character or capabilities.
His first venture was a successful bottling plant for LPG cylinders in Greater Noida set up in 1993. However, his interests lie elsewhere and this venture was just a stepping stone for bigger things. As a visionary, he envisaged a marketplace which could be operated virtually through a series of organized networks. With the advent of the tech-age his vision was strengthened and in 1997 he made his first foray into the field of digital marketing. In 1998 his venture took up pace with revenues flowing in from advertising in the digital field. However, it wasn’t until 2004 that he made his first mark in the field of digital marketing.
In 2004 he tied-up with the online portal of Indian Railways – IRCTC – as the first agent offering cash cards and online ticketing services, rightly christening the new venture as One Stop Shop. With immense knowledge about interpreting insights on consumer actions he was able to competitively leverage his position in the marketplace. By 2010 One Stop Shop was able to clock an average of 17-18 percent of IRCTC’s total online ticket sales with sales touching approximately 65,000-70,000 tickets per day. Under his leadership and guidance this venture was able to establish a B-2-B network of 80,000 agents and an extensive database of 30 million customers. This venture was eventually sold out to the Calpien Group, USA in 2013 for an undisclosed amount and at the time of its leadership transition the venture had an annual turnover of Rs. 15 billion.
Not a person to regale in past successes, Mr. Jewria quickly shifted his focus to developing his reputation in the marketplace by consolidating his future ventures under a single flagship brand – Jewria – with a vision to be an undisputed digital brand in providing solutions through marketplace softwares. His vision is to provide digital solutions to customer needs in the field of financial services to travel & hospitality and food & beverage under the single enterprise of Jewria. The key point of differentiation for Jewria would be supported by its extensive customer database and eventual linkages across various sub-platforms. The brand envisages being the biggest player in the digital marketplace with the aim of creating 1.5 million subscribers in 3 years.
The first venture under the Jewria brand is RasoiKaKhana.com. This undertaking is a one-of-a-kind project in the food & beverage industry. This venture envisages at creating a distribution network across the country via the digital platform and strategic tie-ups with restaurants all over India. The initial incursion of this venture would be within the Indian Railways network, given Mr. Jewria’s past expertise and association in this system. The aim would be to provide the comfort of healthy and tasty food to railway passengers who can place their orders with restaurants using the RasoiKaKhana.com platform. To facilitate extensive options and deliver customer satisfaction a wide network comprising of 450 vendors across 450 cities in India has been developed. Under Mr. Jewria’s able guidance, this venture aims at generating approximately 300000 orders per month using the established network. A modern multi-currency payment gateway has also been developed to facilitate payment options between the customers and vendors. This platform will eventually be expanded to networks beyond Indian Railways to homes and offices. The entire service will be supported by 24X7 telephone help lines to address issues and grievances. This platform has obtained the backing of prominent angel investors from the financial industry, which in itself is a mark of approval for the eventual success of the venture and on Mr. Jewria’s reputation as an entrepreneur.
The future of the Jewria brand according to its parent and founder will be scripted through the strategic placements of its ventures i.e. marketplace softwares across various functions. The brand will be constantly supported by its distribution networks. Distribution network of nearly 700 franchisees 3 years will be developed, with franchisees in every district across India. To map the financial success of the venture, Jewria will aim at generating revenue of approximately Rs. 20 million per month through the sale of approximately 2000 subscriber’s applications. Additionally, the revenue sharing model with franchisees at around 20 per cent would be an essential part of the brand’s income. Besides, the growth of the digital marketplace in India, Mr. Jewria is driven by the idea of promoting the cause of ‘Digital India’. It is his aim to do his part of taking digital connectivity to the most rural corners of this country and bring about a collaborative development in the economic landscape of this great nation. His cause, according to him, is more social than economical. He aims at developing competent and skill-based workforce and resources through his ventures. Also, with his extensive experience in the digital marketplace as an entrepreneur, he feels that the Indian digital landscape is still cluttered and needs to be organized in order to bring about constructive development. It is with this foresight and vision, that Mr. Jewria has set about to establish his brand of digital services.
Mr. Subhash Jewria with his prescience and novel ventures is 21st century India’s ‘Man of Ideas’. A devoted family man he resides in the financial capital of India with his wife and four children.
The Man of Ideas: Transforming E-Commerce in India(subhash jewria)
Subhash Jewria is a triumphant enterpriser and a visionary in the digital marketplace of India. Hailing from a rural background near Ghaziabad, Uttar Pradesh, the rise from humble beginnings to his subsequent successes and achievements is a mark of his hard-working and resolute nature.
His tryst with making his own means had an unassuming start when he was in standard X and employed as an office clerk in a Chartered Accountant’s firm. According to him, his first paycheck of a meager Rs. 300 is of significant value to him and holds a much higher place than his current financial success. Essentially a non-graduate due to circumstances, his vision and competence to grasp consumer insights is what has fuelled his journey in his ventures. He believes knowledge is omnipresent and a mere college degree cannot be a judge of one’s character or capabilities.
His first venture was a successful bottling plant for LPG cylinders in Greater Noida set up in 1993. However, his interests lie elsewhere and this venture was just a stepping stone for bigger things. As a visionary, he envisaged a marketplace which could be operated virtually through a series of organized networks. With the advent of the tech-age his vision was strengthened and in 1997 he made his first foray into the field of digital marketing. In 1998 his venture took up pace with revenues flowing in from advertising in the digital field. However, it wasn’t until 2004 that he made his first mark in the field of digital marketing.
In 2004 he tied-up with the online portal of Indian Railways – IRCTC – as the first agent offering cash cards and online ticketing services, rightly christening the new venture as One Stop Shop. With immense knowledge about interpreting insights on consumer actions he was able to competitively leverage his position in the marketplace. By 2010 One Stop Shop was able to clock an average of 17-18 percent of IRCTC’s total online ticket sales with sales touching approximately 65,000-70,000 tickets per day. Under his leadership and guidance this venture was able to establish a B-2-B network of 80,000 agents and an extensive database of 30 million customers. This venture was eventually sold out to the Calpien Group, USA in 2013 for an undisclosed amount and at the time of its leadership transition the venture had an annual turnover of Rs. 15 billion.
Not a person to regale in past successes, Mr. Jewria quickly shifted his focus to developing his reputation in the marketplace by consolidating his future ventures under a single flagship brand – Jewria – with a vision to be an undisputed digital brand in providing solutions through marketplace softwares. His vision is to provide digital solutions to customer needs in the field of financial services to travel & hospitality and food & beverage under the single enterprise of Jewria. The key point of differentiation for Jewria would be supported by its extensive customer database and eventual linkages across various sub-platforms. The brand envisages being the biggest player in the digital marketplace with the aim of creating 1.5 million subscribers in 3 years.
The first venture under the Jewria brand is RasoiKaKhana.com. This undertaking is a one-of-a-kind project in the food & beverage industry. This venture envisages at creating a distribution network across the country via the digital platform and strategic tie-ups with restaurants all over India. The initial incursion of this venture would be within the Indian Railways network, given Mr. Jewria’s past expertise and association in this system. The aim would be to provide the comfort of healthy and tasty food to railway passengers who can place their orders with restaurants using the RasoiKaKhana.com platform. To facilitate extensive options and deliver customer satisfaction a wide network comprising of 450 vendors across 450 cities in India has been developed. Under Mr. Jewria’s able guidance, this venture aims at generating approximately 300000 orders per month using the established network. A modern multi-currency payment gateway has also been developed to facilitate payment options between the customers and vendors. This platform will eventually be expanded to networks beyond Indian Railways to homes and offices. The entire service will be supported by 24X7 telephone help lines to address issues and grievances. This platform has obtained the backing of prominent angel investors from the financial industry, which in itself is a mark of approval for the eventual success of the venture and on Mr. Jewria’s reputation as an entrepreneur.
The future of the Jewria brand according to its parent and founder will be scripted through the strategic placements of its ventures i.e. marketplace softwares across various functions. The brand will be constantly supported by its distribution networks. Distribution network of nearly 700 franchisees 3 years will be developed, with franchisees in every district across India. To map the financial success of the venture, Jewria will aim at generating revenue of approximately Rs. 20 million per month through the sale of approximately 2000 subscriber’s applications. Additionally, the revenue sharing model with franchisees at around 20 per cent would be an essential part of the brand’s income. Besides, the growth of the digital marketplace in India, Mr. Jewria is driven by the idea of promoting the cause of ‘Digital India’. It is his aim to do his part of taking digital connectivity to the most rural corners of this country and bring about a collaborative development in the economic landscape of this great nation. His cause, according to him, is more social than economical. He aims at developing competent and skill-based workforce and resources through his ventures. Also, with his extensive experience in the digital marketplace as an entrepreneur, he feels that the Indian digital landscape is still cluttered and needs to be organized in order to bring about constructive development. It is with this foresight and vision, that Mr. Jewria has set about to establish his brand of digital services.
Mr. Subhash Jewria with his prescience and novel ventures is 21st century India’s ‘Man of Ideas’. A devoted family man he resides in the financial capital of India with his wife and four children.
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