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Latest Nearbuy Offers | Discount Will Get |
Sitewide Offer | Flat 20% Off |
Spa & Salon Vouchers | Flat 15% Cashback |
Nearbuy User offer | Flat 30% Cashback |
All Activities | Extra 10% Off |
Amidst the rapid growth of coupon sites like Snapdeal, Taggle, Grabon, MyDala, Dealivore, Groupon set its foot in the Indian market through the acquisition of SoSasta.com(a deal website), which it later renamed it to Crazeal to steer clear from any trademark dispute over its name. The acquisition of SoSasta.com was part of a rapid growth strategy in Asia. While Snapdeal, had an edge over the other key players in markets due to its already established relationships, Groupon left no stone unturned to make all the odds in its favor. To stand out from its counterparts, it used to feature one daily deal on the best things to do, see, and eat across 10 cities in India.
Ankur Warikoo, former MD of Rocket Internet India, was provided with the helm of the position of CEO in Groupon India. The journey for Groupon in India was filled several roadblocks, not only because of the expanse competition but also because of some trademark issues. Amid all these tensions, Groupon had no choice but to alter its name to Crazeal to avoid any trademark dispute over its name. It later went to the court to challenge a trademark, registered as Groupon in India. After winning the lawsuit, the company rebranded itself as Groupon India in 2013.
Management Buyout
In August 2015, assisted by Sequoia India, Groupon went through a management buyout to create an independent establishment called Nearbuy.com. In this management buyout, the deals aggregator Groupon inc gave up its major stake to Sequoia capital and some top management employees. In a management buyout, the top executive of a company purchases the firm they work in for their promoters, and it often involves a private equity firm buying a large stake.
The Groupon deal saw some large capital infusion by the Sequoia capital and Sequoia also committed to investing more to further the growth. The Sequoia capital took this step to penetrate its footholds deep into the Indian market, and to spur out its extensive resources to make Nearbuy a leader in the hyper-local space.
After the buyout, the Nearbuy started functioning as an independent organization, while Groupon holding a stake in it.
Paytm acquisition of Nearbuy
Closely keeping an eye on Nearbuy’s exponential growth, Paytm moved in closer, and acquired Nearbuy to further diversify its business. Paytm wanted to emerge as more than a digital wallet provider, and thus made its acquisition to lay out its future plans. Not only Nearbuy but Paytm also acquired the Little app, as part of an articulate strategic planning to enter the hyper-local space.
The acquisition-fueled the Nearbuy’s growth and made it one of the largest e-commerce portal in the hyper-local space.
Nearbuy aims to bring everything closer and near to the customers and enhances better engagement between the local merchants and the buyers. All the things you need are made available and are just a click away through Nearbuy. In this price-sensitive economy, where prices are affected by a small uncertainty in the market, it helps curb the prices through its amazing Nearbuy promo codes and offers on its purchases. To entice more customers, Nearbuy has rolled out its Nearbuy go program, to pave a path for a smarter new way to dine out with your family, friends, colleagues etc. The program is featured on Nearbuy.com and gives hefty Nearbuy coupons and cashback offers.
This feature is exclusive to most of the restaurants in Gurgaon and mainly caters to the working professionals. Since its inception, the feature has become quite popular among the masses and has opened a new doorway to savings. With instant Nearbuy cashbacks and coupons on every deal, this feature is proving to be a delight for all the customers. Some of the amazing features of Nearbuy go program are-
Not just Nearbuy go, but Nearbuy also keeps on coming with new and exciting options for its customers. You can also get Nearbuy coupons and discount codes from Woocoupons to enhance more savings.
Craving for a delicious meal or want to take your special someone out for a meal? Whatever the situation, Nearbuy is here to make it all happen for you. At Nearbuy, you are always going to find a lot more to do. From hot deals on meals, international/national vacations, theme parks, movie tickets etc are now within your reach. Nearbuy’s smart engine filters out the best result based on your preference, and location. With offers moving in and around like a plane, you’re surely going to stumble upon the best deal. Nearbuy provides a wide range of services to its users like-
All the amazing deals and offers are available on the Nearbuy app and the website. From offers on latest movie tickets to your nearest fitness center, Nearbuy is one stop shop for all the best deals out there. Nearbuy covers almost all the major cities in India, so, doesn’t matter wherever you are, Nearbuy is ready to serve you at any time or place.
At Nearbuy, you can get offers on some of the finest restaurants or pamper yourself at best spas across the city. With unbelievable Nearbuy shopping offers, you’re surely going to get yourself be swayed in the sea of discounts. Don’t let your inhibitions burn you down, and make an appointment with a tattoo store, or purchase that music festival ticket that you always wanted at Nearbuy. Use all the latest Nearbuy discount codes and coupons to save more on your purchases.
Nearbuy exclusively partners with banks to enhance savings on your order. A customer can use Debit/Credit cards from banks like ICICI bank or HDFC bank to avail more discounts on the offers. The website is live in 35 cities and a customer can avail Nearbuy coupons and promo codes in several categories. Some offers are exclusive to the Nearbuy app, so be sure to download the app for more such offers.
Woocoupons is India’s fastest growing coupon engine, which filters out the best coupon deal from several sources for you. We vow and are striving hard to provide you with the most potent Nearbuy coupons and cashback offers across all categories. With Woocoupons, you’re just a click away from exciting deals and offers on Nearbuy, that are bound to enhance your savings. We curate the best Nearbuy cashback offers, that are sure to compliment your needs.
Here, you can find the latest and the most amazing Nearbuy discount coupons specially curated for your needs.
Daily offers on Nearbuy- Nearbuy promises to bring you the best deals on a number of items across all the categories. Address Nearbuy as a one-stop shop, from great deals on movies, food, spa & massages to booking hotels at a cheaper price, Nearbuy has it all. Moreover, you can also avail Nearbuy coupons and cashback offers to save more on your deal.
Payment methods- Nearbuy provides multiple payment options to make payments seamless. You can use net banking, Debit/credit cards, and digital wallets like Paytm, Phone pe etc.
Refund policy- A customer can get a full refund of the amount within 30 days of their purchase.
Contact details- Email- support@nearbuy.com, Phone- 080-66010101
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