Oneruppe Concept/Idea Stage Oneruppe LLP

software-and-internet gaming

Employees

1-10

Incorporated at

India , 2024

Corporate Office

Chennai

Platform
WFC
Updated: 13 Dec, 2024
Approved: 13 Dec, 2024
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Product Description

OneRuppe is a revolutionary bidding application that transforms the way luxury products are won and enjoyed. With a starting bid of just one rupee, it allows users to bid on exclusive, high-end products such as electronics, watches, and accessories. The app’s innovative bidding system offers an exciting and interactive experience, where users compete in real-time to secure their desired items. What sets OneRuppe apart is its integration of rewarded ads, allowing users to earn bid credits without spending money. By watching ads, users can accumulate credits and place bids, making it possible to participate in auctions for free. The app’s dynamic bidding process means that winners are determined by either the highest bid frequency or the last bid placed within a 10-second window, adding an element of strategy and excitement. Additionally, OneRuppe ensures fairness by implementing a 24-hour auction cap—if no new bids are placed within that time, the user with the highest frequency of bids wins the item. Each day, a luxury product is featured across various categories, making the bidding process both diverse and engaging. With no in-app purchases and a focus on rewarded ads, OneRuppe offers a unique and accessible way for users to win luxury items, all while being part of a thrilling, community-driven experience. This combination of affordable bidding, user participation, and the thrill of winning makes OneRuppe the go-to app for those who want to win big without breaking .


Startup Description

OneRuppe is an innovative mobile app designed to revolutionize the auction and luxury goods industry. It allows users to participate in thrilling auctions for high-end products, all starting at just one rupee. By combining a unique bidding model with rewarded ads, OneRuppe creates an engaging platform where users can win luxury items without spending money upfront. The core of OneRuppe’s business model revolves around its dynamic bidding system. Users place bids to compete for products, and the winner is determined either by the highest bid frequency or the last bid placed within a 10-second countdown. This adds an exciting level of strategy and interaction, ensuring that every bid counts. The app’s integration with rewarded ads also sets it apart, offering users the chance to earn bid credits by watching ads, making it accessible to anyone, regardless of their budget. In addition to the auction process, OneRuppe offers daily luxury items across different categories, ensuring variety and excitement in each auction. With no in-app purchases or hidden fees, the app is entirely based on ads, making it a user-friendly and transparent platform. OneRuppe aims to democratize access to luxury products, offering users a chance to win high-value items at a fraction of their market price. The startup is poised to disrupt the online auction space, providing an innovative, fun, and fair way to shop.


Business Model

OneRuppe operates on an ad-based revenue model, focusing on user engagement and rewarded advertisements. The core revenue generation comes from the integration of in-app rewarded ads, where users watch ads to earn bid credits. These credits are used to participate in auctions for luxury items, such as electronics, watches, and accessories, often valued much higher than the starting bid of one rupee. In addition to rewarded ads, OneRuppe generates revenue by offering premium advertisers the opportunity to display their content to a highly engaged audience. These ads are shown during the app’s bid placement process or while users are earning credits. As the app grows its user base, advertisers benefit from exposure to a dedicated audience that frequently interacts with the platform. The bidding model itself also contributes to OneRuppe’s revenue potential. Though the app does not charge users a direct fee to place bids, the app’s auction design, where users place frequent bids to win luxury items, ensures that there is substantial ad engagement. Each bid potentially triggers more rewarded ads, thus creating a loop of ad revenue generation.


Customers based in

India

Business Modal Type

Mobile App

Type of Sales

B2C

Competitors

eBay,Dealdash,Tada

Teams

Navadeep

developer

Are all the founders full-time on this project?

Yes

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