BlueRickshaw.com: Trust, Transparency & Timeliness are Core Business Principles
Currently, small businesses in the U.S. and Canada are unable to source products directly from India, due to high minimum order quantities (MOQs), trust & reliability issues and, now, strict travel restrictions in place post-COVID.
ENTER…BlueRickhsaw.com (BR), a highly-curated, digital, B2B, wholesale export platform launched in March, connecting verified small businesses, weavers and artisans across India to small and mid-size retailers, mom-and-pop shops and boutique stores in North America, all in an effort to promote lucrative, cultural exchange and accessibility across borders.
BR will serve as THE ONLY tech platform on which smaller retailers can personally select products from verified suppliers across various categories with minimum MOQs (in most cases, just ONE product per style). Since most sellers and buyers are unable to produce or procure volumes during these uncertain times, BR serves as the perfect matchmaking service for these small-to-mid-size businesses looking for alternative avenues.
Founded by fashion designer and entrepreneur, Akshay Wadhwa, who was named one of the top ten designers of Vancouver Fashion Week in 2016 and covered in British Vogue, BR came into existence after multiple rejections from American retailers, when Wadhwa went knocking on their doors for some face time. Wadhwa realized he was not being taken seriously as an Indian designer because retailers had previous negative experiences with reliability and timely deliveries from Indian manufacturers. Banking on the untapped potential of the Indian artisan market in a highly dysfunctional infrastructure, Wadhwa, then, created Blue Rickshaw to provide international opportunities to undiscovered and unexposed talent, everyone from small weavers to artisans to manufacturers, to make their products available across the world through a transparent ecosystem.
To make his dream a reality, Wadhwa joined hands with Co-Founder Krishan Chandak, whose 23 years of experience in technology and leadership resulted in the formation of the B2B platform, which has been built from the ground-up with a focus on artificial intelligence, machine learning and predictive filtering of products, so that buyers can ultimately purchase an item in less than 30 seconds.
The long-term vision of BR is to help the small manufacturers, weavers and artisans of India expand in the international market without having to make investments in promotion or travel, while enabling retailers across North America create an inventory-free model to sell directly to their customers without having to invest in purchasing minimum orders.
Other platforms like Etsy or Amazon are either seller-centric or buyer-centric, whereas Blue Rickshaw caters to both segments equally by espousing the values of trust, transparency and timeliness as part of its core philosophy, making it the new leader in tech-based, B2B wholesale export. “We just want to help small businesses get back on their feet, post-pandemic,” says Wadhwa.