OhLocal funding, investors and company details

OhLocal is an emerging E-Commerce startup from Gurugram, working in the space of Online-to-offline commerce startup that aims to digitize local retail through an AI-powered bidding marketplace for electronics, home appliances, and related services.. Founded by Devashish Goyal.

Company: O2o Mavericks Private Limited
Sector: E-Commerce
Location: Gurugram
Founders: Devashish Goyal

Company overview

OhLocal is an online-to-offline commerce startup founded in 2020 that aims to digitize local retail through an AI-powered bidding marketplace for electronics, home appliances, and related services. The company was created to bridge the gap between neighborhood sellers and consumers by delivering a fully digitized retail experience with zero commission and fast fulfillment. On the platform, customers post their product or service requirements, and nearby merchants submit competitive bids, allowing buyers to secure the best value while supporting local businesses. OhLocal primarily focuses on the electronics and home appliances segment, enabling small retailers to compete effectively with large e-commerce players by providing digital discovery, pricing, and transaction capabilities. Its Android mobile app leverages AI to intelligently match buyer demand with suitable local sellers, ensuring a smooth and efficient marketplace experience. By operating on a zero-commission model, it clearly differentiates itself from conventional e-commerce platforms, helping local merchants preserve margins while offering attractive prices to consumers.

Funding rounds

Latest round (Pre-Seed): Undisclosed Amount, 2022-10-18. Investors: Sunil Kumar Singhvi (JITO Angel Network), Harish Menon (Alpha Wealth Management), Puneet Verma (Aquilo LLP), Sahil Goel (MiH Ventures)