E-Distributor YMS Mobitech Expands In Uttar Pradesh
Bengaluru: YMS Mobitech, a mobile app-based e-distribution start-up is spreading its footprints in Uttar Pradesh. It aims to extend its operations by establishing physical retail stores, distributors and foot sales force to its network.
The Noida-based app-based distributor has almost 12,000 retailers and 361 distributors across 400 cities in India, including 650 retailers in UP.
YMS Mobitech has an in-built analytics where distributors transfer the inventory via its platform and track the status real time. Distributors can also transfer wallet balance to retailers by the click of a button and retailers use the same to sell any product. The platform also helps maintain an optimum inventory level at all the retail outlets, thus minimizing two major problems associated with all retail distribution systems, loss of business opportunity and dead stock.
The company, which has a tie-up with LeEco Mobiles as a national distributor for the west zone is eyeing at end-to-end sale of the mobile brand in India, and tie-ups with three to four smartphone brands by March 2017. It also sells Xiaomi accessories across West Bengal, Bihar, Jharkhand, Odisha, Assam, Sikkim and other North Eastern states.
YMS Mobitech also creates financial products for the electronics industry, under its brand ‘Apps You Need’, and uses its technology-driven platform to sell and monitor these products. Few months ago, it also launched accessories and IoT brand Cult.