Featured Startup Pitch: Exchange Smartly – Exchange a used item with another used item

COMPANY: Exchange Smartly

ELEVATOR PITCH

Exchange Smartly is an online platform to exchange items such as electronics, books and cars.

PRODUCT/SERVICE DESCRIPTION

Exchanging a used item with another used item is an old tradition in India. People used to exchange their own used items, which they don’t use any more, with desired items.

The proposed platform is working toward converting this old tradition into an online platform. The platform allows users to exchange used items (such as TVs, refrigerators, mobile phones, etc.) with desired items (laptops, computers, bikes, money, etc.). Users can exchange their undesired and used items with desired items through this platform. It allows users to connect, discuss, negotiate and exchange items.

It is a free portal with the simplest possible design and great features. There is no obligation to register or provide any private details (such as email, DOB, bank details, etc.) for using it.

DIFFERENTIATORS VS. THE COMPETITION

There is no such platform which facilitates the exchange of items. It is a unique concept with maximum value for users who like to get rid of their unnecessary items with their necessary items by exchanging.

FOUNDER’S STORY

Founded by Rameshwar M. Paswan (B-tech 2006, Mechanical Engineering, IIT Guwahati). He has over nine years of experience in industry and six years as entrepreneur. He is based in Norway and leading a technology company. He has an entrepreneurship diploma from Babson College, USA.

HEADQUARTERS: Delhi, Uttar Pradesh, India

FOUNDER: Rameshwar M. Paswan

INVESTORS: Bootstrapped

YEAR FOUNDED: 2015

TWITTER: @xchange123

FACEBOOK: facebook.com/Exchange-Smartly-875213639198948

LINKEDIN: linkedin.com/company/10349225

ANGELLIST: angel.co/exchange-smartly