|Vipin Kumar Yadav, Founder and CEO, Coupnhaat.in|
Bureau: When did you decide to take the path of
‘entrepreneurship’ as your career? Do you remember any special incident?
From my childhood days, I was keen to become an entrepreneur. I always dreamed
of being successful and having a great story to tell my grandchildren one day. I
wanted to own where and when I worked and what I did every day. These were the
things which motivated me to start something of my own.
decided to step into the world of entrepreneurship. I have been very passionate
about exploring new things, particularly which can value add to people in their
day to day life. I have always thought that something lacked in other coupon
and deal sites and even though the online coupons and deals market in India has
seen unprecedented growth over the past couple of years; the size of the market
is very small as compared to global standards.
few products online for myself, I somehow realized that there is a business
scope in the online coupons and deals. After initial research, it came to my
realization that this is an opportunity which should not be missed. And
Couponhaat was born in my small rented room. I built up initial version, showed
it to some of the friends from Europe and they liked it. This marked my journey
as an entrepreneur that has been exciting and worth every step of the way.
Bureau: Can you briefly tell us more about your
Couponhaat.in an online platform to offer the best online coupons and deals
available across the e-commerce marketplace. Coupnhaat’s main focus is to offer
benefits to its users by providing them irresistibly economical deals &
coupons – they also offer enticing freebies, and giveaways.
updates promo codes, coupons and deals of various brands, which help both
buyers and the brands. Couponhaat has more than 300,000 coupons to redeem and
7,000 live coupons and deals. Customers can save their time as well as money significantly
and avail unique online shopping experience which in turn will leave them in
Bureau: How big is your team at present?
We started our business with a team of four which has now expanded to more than
20. We’re looking forward to getting new people on board.
Bureau: Did you get any funding for your startup? Are you planning to attract
funding in the near future?
Since the early inception of Couponhaat, we have been investing from our own
pocket. However, we are eyeing to raise around USD two million in series A
funding and already in talks with potential investors from Europe and Middle
Bureau: What challenges do you face in your daily professional life?
In any business, challenges are part and parcel of the journey. Irrespective of
the size of the business, challenges can’t be ignored at any point in time.
Initially, we faced challenges starting with building up our start-up team, and
had to devote time and energy to select the team members and making them
acquainted with our work culture.
team members, other big challenges are surmountable.
are facing is capital. Hence, we are looking to raise funds to make it to the
next level and are in the process of raising funds and are already in talks
with potential investors from Europe and Middle East.
Bureau: How do you see yourself in next 2 years from now?
Going forward, we are targeting to expand our reach to people who are not using
deals and coupons websites. The market for coupons and deals in the country is
all set to grow significantly over the next few years. We are making our
technological capabilities superior and provide best solutions to our
to success while transforming the space for e-commerce sector and emerging as an
online coupons and deals leader.
Bureau: What are your hobbies in your personal life? Which is your favorite
In free time, I love to spend my time with my friends and family to go around
the city and movie. I also like to read about successful people in my free
time. My favorite holiday destination is Venice, Italy.