A 26 Years old Muhammad Kamran Yousaf from Lahore, Pakistan. Launched Pakistan’s first online eCommerce Marketplace with a Bargaining Features.
He starts this startup after seeing Pakistan’s major problems in the e-commerce industry. It provides innovative solutions to major problems during product selling and purchasing online. and wanting to provide a better solution for a more efficient environment.
In Pakistan, the economy is not so good and more than 60% of the Population is belong to middle families and cannot afford many things so they want to bargain when they purchase every product.
Orecto is a platform that offers a Live Bargaining Marketplace in which the buyer and seller can debate the price or nature of a transaction. Orecto also offer services in Business-to-Business (B2B), Business-to-Consumer (B2C) & Customer-to-customer (C2C) services.
Orecto is a suite of products that empower merchants to simplify and grow their businesses. They offer the benefit of allowing the buyer to open the box when it arrives so that the buyer can enjoy the experience. They are also offering free product pickup from their stores for the seller’s convenience. Orecto’s goal is not only to promote its platform but also to make its audience feel at ease.
M Kamran Yousaf, Founder and CEO of Orecto, Said, “Many people are having difficulty finding high-quality products at low prices. some of the products they like but it’s difficult to buy due to a little bit of difference in their budget so bargaining is so much important in Pakistan. So we introduce this solution to buy and sell their product as their will. We want to facilitate people as per their demand.”