These Start-ups are Making a Killing with Second-hand Products
CEED October 10, 2017
The business of used goods in India has seen a rise over the recent years. Gone are the days when second-hand goods would be only available at a chor bazaar in a non-descript part of the town. The switch has happened and how! Online marketplaces are embracing the old with a hint of the new.
Now, a common name in the Indian start-up ecosystem, OLX has even conducted surveys, which reflect that the used market business in India is worth over INR 56,000 crore. This has given a boost to start-ups in the space, who are urging Indians to quit hoarding products they don’t use and give millions of others the chance to buy products for a lesser price.