Startup Called Dream Ticket Comes With Group-buying Business Model

Dream Ticket, a startup, has come up with a unique online subscription-based, group-buying business model when the continuously rising gold rate in India is making it nearly impossible for the lower-income group people to buy gold.

The company claims that it will ease buying gold and 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. Each month a new name of a customer is pulled out through their custom software and that person can buy gold or diamond jewellery of their choice of the total amount that person will pay till the end of their subscription tenure.

Rajiv Kumar, Founder of Dream Ticket started its operation in June 2018 with the objective of delivering happiness in the form of gold and diamond jewellery, the statement said.

According to the company, “Till now, the company has invested Rs 82 lakh and has over 4500 customers associated with them, through their Mobile Apps. Dream Ticket has three physical offices as of now in Delhi – in Bawana, Holambi and 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 crore (FY 2022-23), Rs 74 lakh (FY 2021-22) and Rs 55 lakh (FY 2020-21), the company said in a statement.