Mobisy Technologies Unlisted Shares

About the Company

Mobisy Technologies Pvt. Ltd. is a privately held company headquartered in Bangalore, India and was founded in 2008 by Lalit Bhise. The company provides a solution to resolve the problems faced by retailers, wholesalers, and manufacturers(brands) in India. It connects all of them via an application. It’s a retail commerce solution that allows retailers to purchase goods right from their smartphones. This is a $500 billion market completely non-digital. The company has two flagship products i.e. ‘Bizom’ and ‘Distiman’.

Bizom:

Bizom was started with a simple mission – to put the power of technology and data in the hands of ordinary field sales and supply chain workers and help them sell smartly and efficiently. Today, it is India’s leading Sales Automation Company. Started in the year 2012, the company has the backing of OJAS Ventures and ranked 3rd fastest technology company in India.

Bizom helps clients in managing the business in the following fields:

Distributor Management System, Field Force Tracking & Activities Management, Attendance & Leave Management, Van Sales Automation, Claims Management System, Task/Lead Management System, Order Management System, Retail Execution & Merchandising, Service Rep Management, and Asset Management System.

How Bizom earns revenue:

It charges $60 per month from start-up companies, $54 per month from Pro companies and $48 per month from Enterprise businesses.

The company has more than 350 enterprise CPG brands as its customers, and over 150K distributors and sales executives use its platform.  Bizom captures the data of more than 5 million unique retailers in India. Today, the company adds 10-15 new customers each month, more than 90 percent of which are inbound via referrals.

Distiman (Application):

Distiman leads the way in defining the retail experience through right stocking, reduce feet on street dependency and create a communication channel between retailers, distributors, and brands.

(i) Helps retailers in the right stocking and reduces potential sales loss up to 10x.

(ii) Retailers receive app-only discounts and promotions.

(iii) Creates retailer loyalty through direct communication with brands.

(iv) It helps brands to increase the visibility of demand and supply data in real-time.

(v) Increase penetration in the distribution of white spaces.

Lalit Bhise, Founder of Mobisy Technology