Price Comparison Site YouTellMe.com acquires Coupons portal Priceburp.com. This Acquisition will propel YouTellMe’s ambition to become the leading destination website in India for money-saving product offers, coupons and deals.
“We are delighted to announce that the decision to acquire the extensive coupon listings as well as the talent and experience of Priceburp team have been confirmed by management of both the companies. This acquisition will make YouTellMe one of the most complete online destinations in India for money-saving product offers, coupons and deals.“, said Shailendra Dave, Co- Founder & CEO of YouTellMe. “There is lot of synergy in the kind of work that YouTellMe and Priceburp does. YouTellMe enables users to find the right products of the right retailers, while coupon site PriceBurp offers users the best exclusive deals on those products.” he added.
YouTellMe.com was incorporated in year 2014 and is an online price comparison and product discovery portal helping users compare prices and discover products from 30+ online stores & more than 800+ categories. The company lists more than 4 million products to choose from and offers a convenient online shopping experience with its partner stores.
Coupon site Priceburp was launched in 2010 and has over 5000 coupons listed, while YouTellMe was launched last year in the comparison space competing against websites like mysmartprice, pricedekho and smartprix.
The operational team of Priceburp will fully integrate with the YouTellMe team to populate its merchant coupons and deals section. They aim to add product prices, coupons and deals from over 500+ online stores in India over the next 6 months.
“We are currently a team of 10 FTE’s with an exceptionally experienced Advisory Board and a fully scalable platform that is ready for exponential growth. Last year we raised about $100K seed funding from Dutch early stage investor Bright Ventures. We are now ready to fuel our growth further and are planning to raise our Serie A in the next months to the tune of $1 Million – $1.5 Million”. Shailendra stated.