Bijnis is a business-to-business (B2B) commerce platform that connects footwear manufacturers, retailers, component suppliers, and buyers. It digitizes factories, making the production process more efficient and helps manufacturers directly reach retailers, streamlining the supply chain.

How does Bijnis help footwear manufacturers?

Bijnis helps footwear manufacturers by digitizing their operations, connecting them directly to retailers, and providing tools for efficient inventory management, production tracking, and sales forecasting. This allows manufacturers to reduce costs, improve production efficiency, and expand their business.

Bijnis was founded in 2015 by Siddharth Vij, Chaitanya Rathi, Siddharth Rastogi, and Shubham Agarwal. The platform has since grown to serve over 2,000 manufacturers and 80,000 small fashion and lifestyle retailers.

How does Bijnis make money?

Bijnis earns revenue by taking a commission on transactions between manufacturers and retailers conducted on its platform. Additionally, the platform provides value-added services like data insights and supply chain management tools to further enhance the manufacturing process.

Where is the Bijnis head office located?

Bijnis' head office is located in Delhi, India.

Who are Bijnis' main competitors?

Bijnis faces competition from other B2B platforms in the fashion and lifestyle space, such as Fashinza, ZYOD, Karigar Mandi, and Berry Cotts. Each of these companies operates within similar industries, offering varying degrees of service to manufacturers and retailers.

How many retailers are connected to Bijnis?

As of now, Bijnis has a network of over 100,000 small merchants, with plans to expand this to 1 million retailers in the next two years.

How much revenue does Bijnis generate?

According to the company's financial report, Bijnis generated ₹25.12 crore in revenue in FY22, reflecting a 57.9% increase from the ₹15.91 crore revenue in FY21.

What industries does Bijnis serve besides footwear?

While Bijnis primarily focuses on the footwear industry, it also serves manufacturers and retailers in other fashion and lifestyle sectors.

Is Bijnis suitable for small retailers?

Yes, Bijnis is highly beneficial for small retailers as it provides them with direct access to manufacturers, allowing them to procure high-quality products at competitive prices without middlemen.

What are the key benefits of using Bijnis?

The key benefits include factory digitization, improved supply chain efficiency, direct connection between manufacturers and retailers, reduced operational costs, and data-driven insights for better business decision-making.

How can manufacturers join Bijnis?

Manufacturers can sign up on the Bijnis platform by providing their business details. Once verified, they can list their products, access retailers, and start receiving orders.

Bijnis: Empowering the Footwear Industry with Seamless Commerce

Author - Amit Thakur

August 04, 2023

Bijnis: Empowering the Footwear Industry with Seamless Commerce

What is Bijnis?

Bijnis is a business-to-business (B2B) platform designed to streamline operations for footwear manufacturers, retailers, component suppliers, and buyers. It uses advanced technology to digitize factories and connect them directly with retail shops, making commerce more efficient and accessible.

How Bijnis is Revolutionizing the Footwear Industry

Bijnis is addressing the critical issues faced by the footwear industry, particularly in India, where many manufacturers operate in an unorganized manner. The platform helps factories optimize operations by making them smarter, faster, and more cost-effective.

Who is the owner of Bijnis Company?

Founded in 2015 by Siddharth Vij, Chaitanya Rathi, Siddharth Rastogi, and Shubham Agarwal, Bijnis aims to empower small and medium-sized manufacturers by offering them access to a vast network of retailers. This connectivity is instrumental in improving factory productivity and ensuring sustainable growth.

What Does Bijnis company do?

Footwear manufacturers have long struggled with inefficiencies such as supply chain delays, poor market access, and high operational costs. Bijnis has emerged as a game changer by providing manufacturers with direct access to retailers, eliminating middlemen, and offering tools to digitize their production processes.

How much money does Bijnis make?

According to financial statements, Bijnis' revenue grew by 57.9%, reaching ₹25.12 crore in FY22 from ₹15.91 crore in FY21. This growth highlights the increasing adoption of the platform by manufacturers and retailers alike.

Who are the competitors of Bijnis?

Bijnis faces competition from other B2B platforms that focus on fashion and lifestyle, such as:

Fashinza: A Gurgaon-based startup offering similar solutions in the garment industry.
ZYOD: Another Gurgaon-based platform that started in 2022.
Karigar Mandi: An Agra-based platform serving traditional artisans.
Berry Cotts: A Kolkata-based firm with a longstanding history in the garment industry.

How many retailers now work with Bijnis?

More than 5,000 firms and industrial owners are listed on Bijnis. They can obtain demand from more than 100,000 small merchants thanks to it. Within the next two years, it wants to recruit 20,000 producers and 1 million shops.

Practical Applications of Bijnis

Retailers and manufacturers using Bijnis have seen tangible improvements in their supply chain management, production timelines, and sales volumes. The platform's tools allow for real-time decision-making, which is critical in today’s fast-paced market environment.

Challenges Faced by Bijnis

Despite its success, Bijnis faces challenges such as maintaining a balance between supply and demand and ensuring the seamless integration of new technologies in traditionally run factories.

Conclusion

Bijnis has effectively empowered the footwear industry by bridging the gap between manufacturers and retailers. With its focus on digitization and technology-driven solutions, the platform has become a vital business partner for footwear factories and retailers alike. Looking ahead, Bijnis is poised to expand its reach, further revolutionizing the footwear industry.