Markets
About
Helping top brands (top 10 to 20 in India) such as Lee, Levis, Wrangler, Timberland, Vans et al in liquidating their surplus/overstock/unsold inventory through our consumer facing e-commerce platform halftheMRP.com (quiet similar to overstock.com in the States) along with retailing from our warehouse store front. Have signed up with 'Indian Postal Service' for maximum coverage and fulfillment. Plan is to move to other product categories upon fulfilling the apparel segment. Commercial in nut-shell: Buy inventory from brands @ 85%-90% discount on the MRP Sell inventory to customers @ 50% discount on the MRP tag Current Status: 0. Brand connections established (through our board member who heads India sales operation for VF corporation) 1. Company formation - done 2. VAT / Commercial certification - done 3. Launching e-retail portal halftheMRP.com by April, 2015 4. Warehouse space set up ready and fully functional (in Bangalore) with inventory management system and staff