Flipkart co-founder Binny Bansal Launches OppDoor: New E-commerce Venture


Binny Bansal, the co-founder of Flipkart, has launched a new startup named OppDoor. This venture aims to offer comprehensive solutions to e-commerce companies, covering design, product development, human resources, and other backend support services.

Following his departure from Flipkart in 2018, OppDoor marks Bansal’s first entrepreneurial venture. The startup intends to assist enterprises in expanding their operations to different regions by utilizing network platforms such as Amazon and others.

About OppDoor:

Established in May 2021 and registered in Singapore, OppDoor operates as a venture capital firm. Initially known as ‘Three State Ventures Pte Ltd.,’ the startup has attracted investments from various Indian startups, including Curefood and Scapia.

OppDoor’s Mission:

The primary objective of OppDoor is to facilitate global e-commerce excellence for businesses. The startup is dedicated to assisting e-commerce companies in expanding their global footprint by offering comprehensive end-to-end solutions.

According to the OppDoor website, the company provides a wide range of services covering a brand’s entire lifecycle, from inception to exit. They specialize in both fully managed operations and business advisory services, collaborating with platforms such as Amazon, Walmart, Etsy, and more.

OppDoor Operates in 8 Global Markets

OppDoor extends its services predominantly across eight countries, including Australia, Canada, Germany, Japan, Mexico, Singapore, the UK, and the US. Notably, the company does not currently offer services in India, as there is no mention of the country on its official website. While the company’s website does not explicitly identify Binny Bansal as the owner, Moneycontrol has verified, based on a reliable source, that he is indeed the owner. OppDoor engages directly with businesses, aiding them in the global expansion of their operations.

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Disclaimer: (This story, title and image has not been edited by StorifyNews.com staff and is published content form other source).

Piyush Banerjee
Piyush Banerjeehttps://www.storifynews.com/
Piyush Banerjee is an author and a passionate connoisseur of the world of media. With an appetite for knowledge and an insatiable curiosity, Piyush's writing delves into Films, Technology, and Global Affairs. Piyush has an innate love for storytelling, and has a fiction novel available on Amazon. He has been interested in Storify News for several years and is excited to make news more accessible and interesting to consume.

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