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Umbala

Umbala is an online retailer offering consumer electronics.

E-commerce

Startup Description

Umbala establishes itself as a transformative force within Vietnam's electronics wholesale market. Leveraging a unique blend of online and offline elements, Umbala operates through its namesake platform (Umbala.vn) and mobile applications for iOS and Android devices. This innovative business model empowers both individual consumers and business owners.

Umbala offers wholesale pricing on a wide range of electronic products. Through a membership system, individuals can sign up to access product information, view wholesale prices, and make purchases for personal use. The platform caters to aspiring entrepreneurs as well, facilitating business-to-business transactions. Members can leverage their network to sell these electronics at their retail prices, effectively transforming them into business owners with minimal upfront capital investment.

Umbala goes beyond simply connecting buyers and sellers. They offer comprehensive support services to their members. This includes delivery, on-site installation (for applicable products), and collection services for returned merchandise. Umbala even assists members with generating invoices tailored to their selling prices, streamlining the business process. By bridging the gap between wholesalers and both consumers and aspiring business owners, Umbala positions itself as a key player in transforming Vietnam's electronics distribution landscape.

Startup  Details

Venture Round

Seed

Website

Address

No. 292/15 Cach Mang Thang Tam, Ward 10, District 3, Ho Chi Minh City

Investors

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