MARKETORDERS CROWDCUBE CAMPAIGN GOES LIVE !!!

MarketOrders, an award-winning B2B marketplace for the gold and diamond jewellery industries, announces it has kickstarted its crowdfunding campaign on Crowdcube.com. Aiming to raise a minimum of £400k, the start-up has already reached 90% of its target through private investment before even going public. The company plans to use the funding to officially launch its platform, which will use blockchain technology to make the gold and diamond jewellery buying process more transparent.

Founded in 2016 by Sukhi Jutla and Ram Krishnna Rao, MarketOrders is on a mission to transform the way in which independent retail jewellers purchase gold and diamond products from suppliers. Specifically, MarketOrders uses technology to ensure jewellers can get the products they need faster, cheaper and directly from global suppliers, while cutting out the middle man.

As the first fully end-to-end B2B marketplace for the jewellery industry, MarketOrders is setting its sights high on the power of blockchain technology to weed out bad actors and money from the jewellery supply chain. As demand for gold jewellery continues to grow – in 2018, 48% of gold demand was consumed as jewellery – this will be critical to ensuring greater transparency at an industry level.

Sukhi Jutla, co-founder and COO of MarketOrders, said: “We’re thrilled to be crowdfunding for MarketOrders, and this funding will make a huge difference as we look to expand our exceptional team and invest heavily in updating our platform. We are passionate about supporting independent retail jewellers, and we strongly believe this marketplace will put the power back into their hands.”

Having been self-funded to-date, this first round of external funding will help MarketOrders grow its offer exponentially. The firm plans on making a number of strategic tech hires, who will primarily focus on developing the platform, which is currently in beta phase. The funding will also enable the start-up to bring on board a number of international suppliers and invest significantly in marketing.

The crowdfunding page is available here  with rewards ranging from discounts on products available through the MarketOrders marketplace, to a limited-edition solid gold 22-carat coin and 22ct jewellery set.

Ram Krishnna Rao, co-founder and CEO of MarketOrders, said: “Having worked on a number of jewellery ventures in the past, I feel confident that we’ve got a strong business model in MarketOrders. There was a clear gap in the market for an online marketplace that provides independents with superior buying benefits, and we’re excited to roll the platform out to more retailers and suppliers in the coming months.”

MarketOrders and its founder Sukhi Jutla have already won a number of awards, most recently being named as one of the Top 20 ‘Industry Visionaries’ by Outlier Ventures.

 

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MarketOrders awarded at Digital Enterprise Show in Madrid

Our Co-Founders Ram & Sukhi spent 3 days in Madrid at the Digital Enterprise Show (19-21 May 2019), the must-attend event on digital transformation with 26,342 attendees from over 50 countries.

Here is a summary of what they’ve been up to:

 

DAY 1

  • Radio interview with Spain’s Capital Radio
  • Video interview with DES | Digital Enterprise Show
  • Panel talk on how to get more women into technology
  • Book signing event for Sukhi’s book “Escape The Cubicle: Quit The Job You Hate, Create a Life You Love” where she met with fans and readers
  • Meeting with investors for our crowdfunding campaign

 

DAY 2

  • Sukhi delivered her Keynote talk in the Inspiration Arena called ”MarketOrders: How you can forge a successful career in blockchain technology.”
  • Sukhi & Ram attended the Gala Dinner Awards in the evening to celebrate the European Digital Mindset Awards where MarketOrders picked up the Finalist award for ‘ BEST 2019 DIGITAL DISRUPTOR IN START-UPS’. The Gala was great fun with fantastic entertainment and great food. Thank you, DES!

 

DAY 3

  • Sukhi & Ram spent the day meeting with potential investors as there was a lot of support from people and interest in our crowdfunding campaign.
  • They also attended a number of presentations on blockchain including decentralised ledgers, fintech, asset tokenisation and blockchain within governments. It is clear to see that there are still many possibilities unexplored in the blockchain area and it is good to see these conversations taking place.

 

They look forward to coming back next year!

 

Here is some coverage about the event where you can spot MarketOrders Co-Founders Sukhi and Ram with their awards in the pictures:

MARKETORDERS COO GIVING ADVISE TO TECHACEO SCHOOL FOR ENTREPRENEURS AND BUSINESS OWNERS

MARKETORDERS COO AND CO-FOUNDER SUKHI JUTLA HAS BEEN ONE OF 13 ENTREPRENEURS TO REVEAL HOW THEY USE PUBLIC RELATIONS FOR BUSINESS.

 

#11- Build awareness and attract customers

“As a start-up business, resources and funds are always limited at the beginning so it’s important to leverage PR to get the word out about your brand and business. I use PR to build awareness of my business and to attract investors and customers. I do this by contributing to articles in relevant outlets such as business and tech online and print publications, speaking at conferences, creating Press Releases and sharing them with the local press.

Thanks to Sukhi Jutla, MarketOrders!”

Click HERE to read the article

SUKHI JUTLA OF MARKETORDERS.NET AT “YOUNG WOMEN IN BUSINESS CONFERENCE” IN LONDON

MarketOrders Co-founder and COO Sukhi Jutla will be a chair speaker at “Young Women in Business Conference” taking place in London 30th May 2019

 

Sukhi is an award-winning entrepreneur, author of three books and part of the Mayor of London’s Skills for Londoners Business Partnership. She is the co-founder of MarketOrders, an online B2B platform for the gold and diamond jewellery industry. She is a leading international speaker, influencer and thought leader in tech and a qualified IBM Blockchain Foundation Developer. She is recognised by a number of industry awards including the Asian Women of Achievement Awards, Management Today’s “35 Women Under 35” and named a Top 100 European Digital Pioneer by The Financial Times and Google.

 

Click HERE to read the article