2017 — Five Students. One Dream. Zero Backup Plan.
We graduated with B.Tech (CSE) from K.R. Mangalam University, Gurgaon (Batch 2017) — Rishi Kumar, Ankit Awasthi, Neeraj, Vishal Bhan & Biswajith Bose. Instead of taking the safe route, we decided to build something of our own.
Our first ideas and products came much earlier — bringing Sarojini Nagar-style products online, then Zolokart.com for used books, and later Zovme.com (2016), a used mobile marketplace (we didn’t even know Cashify existed then).
Zovme got immediate traction. We re-launched it in 2017 and received 70+ orders in a few hours. But we faced immediate obstacles:
- No funding to procure inventory
- Shipping delays due to early-stage e-commerce logistics
- High return & refund risks
- Payments clearing in 3–4 days, creating cashflow issues
- Risk of defective/returned products without repair budget
The idea wasn’t bad. The cashflow model was impossible for us at that time. So we shut it down before it could bury us.
