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Sumit Jasoria
Co-Founder & CEO at NEWME
Sumit Jasoria is a seasoned professional with a diverse background in marketing, e-commerce, strategy development, and business analysis. With a strong focus on disrupting the traditional e-commerce landscape, Sumit has a proven track record of success in leading startups and established ventures across India and South East Asia. His journey in the fashion and tech industry aims to create a beloved FashionTech destination for GenZ, backed by solid operational models and cutting-edge technology.
Sumit's career highlights include serving as the Regional Managing Director for Meero in India and South Asia, where he demonstrated his entrepreneurial spirit and operational expertise in emerging markets. He has been recognized as one of the Top 100 Global Retail Minds, showcasing his industry influence and leadership.
Prior to his role at Meero, Sumit held key positions at Rocket Internet ventures, including Daraz and Shop.com.mm / Kaymu.com.mm in Myanmar. His tenure as the Managing Director involved strategic mergers, growth-focused partnerships, and innovative marketing strategies that propelled these e-commerce giants to new heights in the region.
Sumit's professional journey also includes notable roles at Bharti Airtel, Godrej Properties, and Infosys, where he contributed significantly to product development, marketing initiatives, and business expansion strategies. His educational background in marketing and business strategy from the Faculty of Management Studies, University of Delhi, coupled with a B.E. in Computer Science, laid a strong foundation for his multifaceted career.
Highlights
"29th June" etched in Memory foreverrrr...
AS NEWME turns 2, what a memorable day of celebrating it with our customers across all our stores and receiving the gift of T20 world cup from the men in blue.
If I pen down the last 2 years in our journey of NEWME, it has been similar to what we saw in today's match - pure roller coaster ride 🎢🎢🎢
Putting down some of my learnings of last 2 years here:
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Belief : Believe in yourself and your team 🎯 End of the day you are on a mission to achieve your goal and only your team can take you there. No one ever achieved it alone...I have been blessed to have a team which is not only passionate about what we do day in day out at NEWME but pushes the boundary everyday to take India on the fashion map
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Perseverance : This is the only thing which keeps you going. In the last 2 years we heard so many "No"s from some of the most reputed global investors and Industry experts but nothing deterred us from being on this journey. What the Indian cricket team has gone through depicts similar stuff when they play 3 finals in less than a year and win the third one after loosing first 2, keep moving is the only constant thing 🚀🚀🚀
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Last but not the least, its all about the process. A lot happens behind the scenes which no one sees, what people see is just success or failure. At anytime do not stop the "process". Keep learning and improving the process.
I am a bit emotional when I write this post, seeing the ending of 13 year World cup trophy drought as well as happy to share that we just closed our Series A funding (announcement coming soon 🙏)
Thanks to all those who never believed in us, we would have never reached here without your constant challenge and push to us.
Cheers for team India 🏏🏏🏏
Himanshu Chaudhary Shivam Tripathi Vinod Naik would not have been possible without you guys 🫡 and the entire team at NEWME, thanks for believing. ❤️❤️❤️
As an Entrepreneur, you live and build for such moments. I experienced one such moment today at NEWME Black Friday Sale 🚀🚀🚀 An amazing journey of last 17 months and amount of unparalleled love from our customers just pushes me to be a better version of myself every single day.
Today on 24th November at NEWME we just concluded our biggest ever sale. A sale which was our first ever offline + online sale and a sale where we just saw unimaginable love from our customers.
⚡️Customers started queuing at our stores in Bangalore since 9:30 in the morning and by afternoon the crowd just became unmanageable. While we ensured that we create a great experience for people waiting to enter the stores, lot of learnings for us to make it better next time.
⚡️Whoaa, our online orders just scaled 10X of our daily average orders serving a lot more customers across India.
⚡️Our app reached to 16th position in Top shopping apps on Apple App store.
I am sure this Black Friday is gonna be special until we create new milestone next year 🛍️
This all could not have been possible without a very young and energetic team at NEWME. Kudos to each one of you for stepping up and creating this milestone. The last few days of sleepless nights were all worth it 🥳
A quick snapshot video to just share our emotions of the day, true love from our customers 🙏
Shivam Tripathi Vinod Naik Himanshu Chaudhary
#blackfriday2023 #startuplife #entrepreneurship #omnichannel
