B2B e-commerce startup Shakedeal expects to double revenue rate to Rs 200 crore for the current financial year, as several firms optimising their sourcing channel due to the Covid-19 pandemic.
Shakdeal co-founder and managing director Akash Hegde told PTI that the company had a revenue rate of Rs 100 crore for the last fiscal.
"We have achieved a revenue rate of around Rs 100 crore for the financial year that just ended. Now, we are hopeful of doubling the revenue run rate to Rs 200 crore for the current financial year.
Many companies have come to us to optimise procurement due to the pandemic, which has affected supply chains across the world," Hegde said.
