Get All Access for $5/mo

Lending a Hand GlobalBees partners with brands and equips them with capabilities to scale in the digital space rapidly

By S Shanthi

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Company Handout

The potential of D2C brands or digital-first brands has hit the fast lane over the last few years. However, GlobalBees realized that many of these potential brands hit a threshold, after which it became difficult for them to scale. Therefore, the idea of a roll-up e-commerce model emerged, where they could bring all the expertise together and help the D2C brands scale what they had built.

The company partners with brands and equips them with capabilities across marketing and growth, technology, distribution, sourcing, branding, warehousing, logistics, R&D, product development, and operations — essential to scale the brands in the digital space rapidly.

"With more than 600+ D2C brands in India and changing consumer behavior and expectations, brands pose a threat to brand loyalty. Speed and convenience are significant factors that are influencing consumers today. Therefore, brands must secure an advantageous long-term position, establish a unique selling point, and build a community that resonates with the brand," said Damandeep Singh Soni, chief business officer, GlobalBees.

He also added that building purpose-led brands would enable some brands to succeed, while value-driven brands would also thrive. "The audience is looking for multiple solutions and has different needs across the country," he said.

Within a year, GlobalBees has built a diverse portfolio that includes homecare, beauty and personal care, nutrition and health, fashion jewelry, intelligent eyewear, and sports and fitness. The company's strategy is to innovate and establish brands as globally scalable businesses through product innovation and online distribution.

In the next three years, it is looking forward to investing in 100+ brands across verticals, including fast-moving consumer goods (FMCG), sports, home and lifestyle.

S Shanthi

Former Senior Assistant Editor

Shanthi specializes in writing sector-specific trends, interviews and startup profiles. She has worked as a feature writer for over a decade in several print and digital media companies. 

 

Business News

Apple Reportedly Isn't Paying OpenAI to Use ChatGPT in iPhones

The next big iPhone update brings ChatGPT directly to Apple devices.

Business News

Is the AI Industry Consolidating? Hugging Face CEO Says More AI Entrepreneurs Are Looking to Be Acquired

Clément Delangue, the CEO of Hugging Face, a $4.5 billion startup, says he gets at least 10 acquisition requests a week and it's "increased quite a lot."

News and Trends

Adani Group Aims To Be India's Largest Cement Manufacturer With $3 Billion Acquisition: Report

Adani Group is eyeing a potential $3 billion cement acquisition in lieu of recent boom in the infrastructure sector by the government.

Business News

'Passing By Wide Margins': Elon Musk Celebrates His 'Guaranteed Win' of the Highest Pay Package in U.S. Corporate History

Musk's Tesla pay package is almost 140 times higher than the annual pay of other high-performing CEOs.

Business News

Sony Pictures Entertainment Purchases Struggling, Cult-Favorite Movie Theater Chain

Alamo Drafthouse originally emerged from bankruptcy in June 2021.

Business News

Joey Chestnut Is Going From Nathan's to Netflix for a Competition 15 Years in the Making

Chestnut was banned from this year's Nathan's Hot Dog Eating Contest due to a "rival" contract. Now, he'll compete in a Netflix special instead.