Bringing in much needed technology and innovation into the supply chain sector is this Vizag based startup called Autent technology.
A B2B ecommerce company Autent technology aims to empower retailers by making them competitive and providing them with superior technology and operational expertise.
KWIKBOX, Autent’s App (product) is a demand-driven, AI-powered supply chain that enables dealers and vendors to directly sell their products to retailers, restaurants, hotels, canteens, hostels, etc.
Eliminating middlemen, reducing wastage, ensuring on-time delivery, cost-optimization and improving the revenues of both retailers and vendors are some of the key features of KWIKBOX.
‘We have helped our clients increase their online revenue by 20-30% month-on-month’ said the startups founder Mr Prashanth.
A graduate in BTech electronics and communications coupled with a master’s degree in Industrial engineering this is Mr Prashanth’s second startup.
The startup claims to have over 500 downloads, 1k+ retailers using the app with over 50 plus brands registered on the app and having done more than 50k deliveries. KWIKBOX makes a commission on every sale it does for all the facilities it provides. KWIKBOX also develops and designs personalized online sales funnels.
Going forward Mr. Prashant believes his service offerings to be much beneficial to the farming community too.
‘Farmers toil all day long for their produce however don’t get the right price they deserve. KWIKBOX will directly connect all these farmers to the retailer which will be a great help to them’ said Mr Prashanth.
Below is a brief snapshot of the company and founder:
Founder Name: Mr. S Durga Prashanth
Incubated/Started (Year and City): September 2019, Vizag
Industry / Space : B2B e-commerce
Funding Received : Bootstrapped
Looking for: Funding
Market of Operation: Vishakhapatnam, Hyderabad
Revenues: Over Rs 20 lakhs
Claim to Fame: Recognized as top 10 best startups by STARTUP INDIA in March 2020
Aggressive Easy Going Methodical
PTIM (Person that inspires me): My Economics teacher Mr. Hanumanth Rao. It is his dedication and commitment towards his work coupled with his vast experience that inspires me. He has always been a strong inspiration for my learnings.