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GrabOn Seals Partnership With Xploree To Increase Market Valuation

GrabOn has partnered with innovative mobile Search & Discover platform Xploree. Xxplore is pre-embedded on India’s leading smartphone brand and with this shoppers will get discounts directly on their smartphone by using GrabOn.

Commenting on the partnership, Ashok Reddy, Founder & CEO – GrabOn, said:

“We believe technology innovation is central to our commitment to offer an enhanced end users’ online shopping experience. Partnership with game-changing mobile technology solution Xploree extends our core commitment to the mobile platform. Xploree users can access digital coupon solutions from our premium partners including Amazon, Snapdeal, Jabong, Croma, Ola, Uber, Food Panda, Flipkart, Grofers, Paytm, Yep Me, Zivame to name a few. The partnership will fuel our growth ambitions as the fastest growing coupon company in India, with over 4 million unique visitors visiting our website and over 4.3 million coupons being redeemed every month. Our current market valuation (GMV) is estimated at $80 million per year and we expect this to increase manifold through our access to smartphone users in India’s tier-1 and 2 markets.”

Sumit Goswami, CEO, KeyPoint Technologies commented,

“We are pleased to partner with GrabOn to deliver next generation mobile marketing experience to users through our award-winning platform – Xploree. According to Frost & Sullivan’s (F&S) study, Xploree’s ability to capture user intent and offer precise services in the consumer moment can generate revenue of $300 million in a smartphone dominated market by acquiring 50 million engaged users. Our partnership with GrabOn will re-define the way consumers engage with brands and services in India by facilitating brands and services discovery on mobile devices.”

If you do not know, Xploree’s patent pending Search & Discovery technology connected consumers to the most relevant brand, services, coupons and deals across all applications. Explore users can connect to relevant coupons from grabOn 5000+ digital coupon inventory powered by it’s 2300 online merchant tie-ups.

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