Bluegape.Com targets seven-fold increase in turnover this year

Image
Press Trust of India New Delhi
Last Updated : May 13 2014 | 4:27 PM IST
Fan merchandise firm Bluegape.Com is targeting over seven-fold increase its turnover this year to Rs 30 crore as it plans to expand its product offerings.
"We are aggressively trying to increase the type of products offered through our site...In the current financial year we are aiming to cross the benchmark of Rs 30 crores," Sahil Baghla, Founder and CEO, Bluegape.Com told PTI.
Clients of Bluegape.Com include Narendra Modi, Rahul Gandhi, Aam Admi party, IPL, Sunny Leone, Poonam Pandey 9X Media, Yash Raj Films, Dhoom 3, Krishh 3 and Indian Ocean.
"As India's biggest user driven fan merchandise store, our vision is to be the top brand name when it comes to fan merchandise," he added.
The company, which was founded in August 2011, reorted turnover of Rs 4 crore in the previous fiscal.
Bluegape.Com began operations with seed capital of Rs 3 lakh. It later got Rs 10 lakh funding from the Times group and Rs 1.5 crore from Letsventure group.
"We have sufficient capital for the next 6 months which will be utilised wisely for the business growth," Baghla added.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 13 2014 | 4:27 PM IST

Next Story