Gold is one of the favorite gifts for women in India, be it for weddings, festivals or any other celebration. However, the continuously rising gold rate in India is making it nearly impossible for the lower income group people to buy for their wives or daughters. Dream Ticket, a startup, has come-up with a unique online subscription-based, group-buying business model to ease buying gold & diamond jewellery for this section of society.
Dream Ticket forms a group of 10 to 15 subscribers who subscribe for a fixed number of months by paying a fixed monthly subscription, through an Android App on their mobile phones (hence, no need to visit any store). Each month a new name of a customer is pulled out through their custom software and that person can buy gold/diamond jewellery of their choice of the total amount that he/she will pay till the end of their subscription tenure.
Mr Rajiv Kumar, Founder of Dream Ticket started its operation in June 2018 with an objective to deliver happiness in the form of gold/diamond jewellery to daughters and wives of the low income group. Till now, the company has invested Rs 82 lakh and has 4500+ happy customers associated with them, through their Mobile Apps. Dream Ticket has 3 physical offices as of now in Delhi – in Bawana, Holambi & Shahabad Diary and is now planning to raise funds for expansion across India. The company’s last three year’s revenue was Rs 1.35 crores (FY 2022-23), Rs 74 lac (FY 2021-22) and Rs 55 lac (FY 2020-21).