ApnaVyapar

ApnaVyapar

Local Business Success Stories Begin Here.

ApnaVyapar

ApnaVyapar

Local Business Success Stories Begin Here.

The problem ApnaVyapar solves

It was made to help local businesses scale by bringing two major problems faced by them. The first one being funds / capital required to continue their business and second being the reach. Along with this we insisted on promoting sustainablity in businesses by prioritizing businesses having higher sustainability score.

Problems Faced by Local Businesses:

  1. Lack of Funds
  2. No brand identity
  3. Having only a limited amount of customers connected through local or personal relations
  4. Less focus on sustainability

Example:
Let's talk about "Sweet Treats," a small bakery in a busy area. It's like many small shops facing big problems. First off, money is tight. They can't really afford to advertise or make the shop bigger. Then, there's the issue of not standing out. Sweet Treats doesn't have a special look or vibe that makes people remember it. Most of their customers are people who live nearby or know the owner, which means they don't get a lot of new faces. Lastly, they haven't thought much about being green or ecofriendly, which is something a lot of customers care about these days. All these problems show what small businesses like Sweet Treats are up against, highlighting the need for smart plans to fix these issues.

Solutions:

  1. Promotes Make in India. India has over 560 million internet users, but the digital penetration in local businesses remains low compared to other countries such as China.
  2. We directly help in solving the goal no. 8 and 9 from the list of 17 Sustainable Goals implied by United Nations.
  3. Helping Small Businesses create a brand of their own as they contribute to around 29% of GDP.
  4. Integrated ML for calculating the Sustainability Score
  5. Added multiple options for local businesses to market themselves

Future Plans:

  1. Integrate a Payment and Legal System for Verifying businesses on the go.
  2. Implement a funding solution alternative for local businesses

Challenges we ran into

  • Integrating the Machine Learning Model with ReactJS.
  • Handling both Firebase and MongoDB together.
  • Time Constraints. We had a proper well planned project but because of time constraints we created a fully working MVP.

Discussion