An app that gamifies e-commerce experience
The Hindu
Dreampot, an e-commerce application developed by a Kochi-based start-up, offers an opportunity to own a smartphone or an electronic gadget at just 1% of its maximum retail price through a concept that it regards as ‘an alternative way to shop’ by gamifying the e-commerce experience
How about an opportunity to own a smartphone or an electronic gadget at just 1% of its maximum retail price?
Dreampot, an e-commerce application developed by a Kochi-based start-up, offers that probability through a concept that it regards as ‘an alternative way to shop’ by gamifying the e-commerce experience.
“The best price offer gets unlocked to all users who pay 1% of the offer price. When the number of such potential buyers of a product reaches 100, we applying an algorithm select a winner who gets to bag it without making any further payment. However, the remaining 99 users do not lose what they have paid but get to redeem it either fully or partially on the same or other products over a period,” says Azhar Seyad, founder CEO of Dreampot.
Till now, the app has recorded 3.65 lakh downloads and shipped products to 25 States across the country. The app predominantly offers smartphones, electronic gadgets, and small home appliances. The app has listed all the nearly 2,000 winners, who are predominantly from Kerala, which remains the focal area of the start-up.
“We are rated 4.3 stars with more than 10,000 reviews on Play Store, it shows how people are enjoying using our app,” says Nizaj Salim, Cheif Experience Officer, Dreampot.
Dreampot is among the 15 start-ups from India selected for the Scale up Game being organised by the Department of International Trade of the United Kingdom as part of its entrepreneurship programme. The event, being held in Birmingham between March 4 and 10, will feature multiple events and networking opportunities.
“They were looking for innovative start-ups with a model fit for scaling up globally. The idea is to get those start-ups to develop that model in the U.K. ecosystem,” says Mr. Seyad.
U.S. President Donald Trump to announce Federal Reserve chair nominee on January 30, amidst tensions with current chair Jerome Powell over interest rates.
Critical minerals are pivotal in energy transition, posing challenges for affordability and supply chains, warns CEA in Economic Survey.
The Economic Survey urges fiscal flexibility for the Centre while warning States about deteriorating financial conditions due to rising deficits.
Economic Survey highlights fodder shortages as key challenge for India's livestock and fisheries sectors, impacting growth and production costs.
The 2025-26 Economic Survey argues that prioritizing economic growth over immediate carbon cuts is essential for sustainable climate adaptation.
India's internet user base reaches 958 million, with 57% from rural areas, highlighting rapid digital adoption across the country.
The Economic Survey reveals a decline in agricultural growth to 3.5% in 2025-26, despite steady foodgrain production increases.
Economic Survey 2025-26 warns unconditional cash transfers risk state finances, impacting fiscal sustainability and medium-term growth.
Economic Survey 2025-26 advocates for tax rationalization on debt-assets to enhance investment in corporate bonds and savings.
Restrictions may also be levied on marketing of infant and toddler milk and beverages to tackle rising obesity
Commercial Vehicles major Tata Motors Ltd. (TML) for the third quarter ended December 31, 2025 reported a 48% fall in consolidated net profit to ₹705 crore as compared with ₹1,355 crore in the year ago period due to one-time impacts of Labour Code and de-merger.
India’s energy gap between supply and demand has dropped to nil by November 2025
India's pharma industry shifts to value-driven approaches, focusing on complex generics, innovation, and expanding medical device exports.