Palred Online Technologies Private Limited

Palred Technologies Limited is a public listed company on NSE./BSE since 2004. The company owns operates an e-commerce business LatestOne.com through its subsidiary Palred Online Technologies Private Limited (POT in short). LatestOne.com is Indias largest e-tailer in the vertical tech mobile accessories. It stocks almost 10,000 SKUs in its fulfillment centers in Hyderabad and New Delhi. The company is currently shipping more than 100,000 orders per month. The company also owns the brand PTRON range of products for accessories such as Headsets, power Banks, VR headsets, Cables, Mobile and tablet cases covers. This is a Rs 18,000 crore market and one of the fastest growing business verticals. There is an opportunity to setup small kiosk/outlet style retail points in all Tier 1 2 cities, particularly in the malls to sell from the stock in the store as well as sell from a huge range of products available online. This is ideal for young entrepreneurs who want to setup businesses with an investment less than Rs 10 lacs but has a high probability of succcess. The company has already delivered more than one million orders successfully in the country in the last 18 months. Both the brands - LatestOne.com and PTRON products are well established and will certainly attract a lot of customers to the store, if an outlet is opened in any mall with good footfalls, particularly of youth.