Combonation confident of achieving Rs 300 crore in revenue by 2024
Envision to open 1000 new stores within the next three years.
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Hyderabad: Combonation, the first and only combo deal retail destination in India, declares its strategic objective to reach Rs 300 crores in revenue by 2024. By providing an unrivaled shopping experience that combines convenience, value, and quality, the company is in a good position to grow both physically and digitally. It has 22 well-established stores spread throughout North India and there are currently over 350+ renowned brands in Combonation's portfolio, including brands like Maybelline, Lakme, Coloressence, The Ayurveda Company (T.A.C.), and many more.
Combonation intends to open 100 new stores within the next year, in important areas all across the country. This is in line with its vision to empower customers with incredible savings with a wide variety of products. In addition, the business has set the goal of opening 1,000 locations in the next three years in an effort to establish itself as a household name synonymous with unbeatable combo deals and top-notch customer service.
“We are thrilled to witness the phenomenal growth and overwhelming response from our customers,” said Pooja Sodhi, co-founder and CEO of Combonation. She added, “Combonation has completely changed how people shop for combo deals by providing them with unmatched convenience and value. We are confident that we will hit our target of Rs. 300 crores in revenue by next year thanks to our ambitious expansion plans and dedication to excellence”.
Combonation has made significant advancements in the field of online commerce in addition to its physical stores. Customers can browse and buy combo deals from the comfort of their homes at the company's online platform, which offers a convenient and effective shopping experience. Its success can be attributed to its unwavering dedication to providing a diverse range of combo deals that meet the changing needs of Indian consumers, with the company’s commitment to serving customers wherever they are and ensuring their satisfaction. By collaborating with well-known brands from various sectors, Combonation makes sure that customers can access a variety of goods under one roof, enhancing and streamlining the shopping experience.