Monthly Active Users
Monthly Transactions per user
Share of Mobile App in Total Revenue
Market Share in India
Monthly Spend Per User
Live Merchant Outlets
*as of March 2019
At nearbuy.com, we understand that consumers are seeking experiences that go beyond products. With the tech we’ve built, nearbuy.com brings a whole world of experiences within reach of our consumer – making it convenient and rewarding to discover all that the city has to offer.
The services industry is a complex, fragmented, and rapidly evolving space. Across our nationwide network of local businesses and large brands, we at nearbuy.com are leveraging tech to define the operating standard of the local commerce industry. As the market leader, we consider it our responsibility to invest in the future.
At nearbuy.com we are proud of
nearbuy.com is formed as a result of a management buyout of Groupon’s India business. Sequoia Capital India, along with Groupon, become investors of the company together with the founders Ankur Warikoo, Snehesh Mitra and Ravi Shankar, as well as employees.
nearbuy.com discontinues product deals to focus 100% on local commerce. Calls itself the “Step Out App” – with the vision of helping consumers step out by making the experience possible, seamless and beneficial.
nearbuy.com merges with Little App, and welcomes Paytm as a strategic investor. With this merger, nearbuy.com+Little now have 88% market share in India’s deals and discounts market. The company continues to be run independently under the management of nearbuy.com’s founders.
nearbuy.com launches nbPAY – India’s first payment-linked deals product. Scales it to 13,000+ restaurants in less than 5 months. Also launches Gift Cards as a category, offering deals on gift cards.
World Brand Congress