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Wydr is a B2B app-based Online wholesale marketplace for buying and selling. It is a platform which enables you to bring your wholesale business online. The company was founded in March 2016 by Devesh Rai, Hitha Uchil, and Varun Guru and allows retailers and wholesalers to buy directly from distributors and manufacturers across categories like fashion, home, automotive and electronics.
The platform also allows buyers to connect with sellers on WydrChat to customize their requirements, negotiate prices and close deals.
Wydr is an app which caters to wholesalers and retailers by acting as a bridge between them and by making the whole process of the supply chain, procurement and logistics smoother, cheaper, more efficient and hassle-free.
On the Wydr platform, sellers can customize their requirements, negotiate prices and instantly close deals. Buyers can also claim Input Tax Credit under the GST. Furthermore, the platform allows purchases in various size and colour assortments, slab-based pricing and other features. The app is available on both Android and iOS.
Who can use Wydr:
If you are a retailer you can buy directly from source ie manufacturing hubs like Surat, Panipat and leading importers and distributors at best wholesale prices. Buyers can browse through lakhs of products, avail pre-paid or COD options while banking on Wydr’s Trust platform.
SMEs, Importers, Distributors can sell to retailers and local wholesalers across India.
Wydr raised its seed round of funding in February 2016, followed by Series A round for an undisclosed amount in November 2016 and then in 2018 from investors like from Bessemer Venture Partners, Stellaris Venture Partners, Singapore-based Axis Capital and Jungle Venture Partners.
Wydr is deploying its raised funds to strengthen its seller base, set up pan-India offices and improve its product and technology stack to penetrate deeper in the Indian wholesale market.