NEW DELHI, Apr 20: Online retailer of car and bike accessories Jazzmyride.Com plans to set up offline retail stores, starting with the NCR region, in the first quarter of the ongoing fiscal.
“We would open offline stores in the NCR. This would be in the first quarter this year. We are opening the first one as a pilot model,” Jazzmyride Founder & CEO Sunil Dhingra told PTI.
Founded in 2011, Jazzmyride provides an array of car and bike accessories, he said, adding that the company is looking to be a one-stop-shop for such items and provide customers off-the-shelf products too.
“Even the car showroom owners, having their own accessory shops are finding it difficult to get it on time and right price,” he said.
The company offers over 7,000 handpicked accessories of 52 brands and also supplies accessories to 20 other online portals.
When asked about investments for future expansion, Dhingra said: “Currently we have enough funds internally for our expansion but in future we may need it. We would prefer a strategic investor rather than PE funds.” (PTI)
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