Those who find it tedious to keep a tab on paper bills, here’s a Bangalore-based startup that has a solution for just that. EveryBill is an app to create, capture and communicate bills, and has been built for consumers as well as merchants, co-founder Chanchal Chakrachhattri, an alumnus of IIM Kashipur, tells us.
The startup is managed by a trio – Chakrachhattri looks after the business part, Sujeet Kumar Mehta, who quit his job as Senior Software Development Engineer at CommonFloor to build EveryBill looks after the product and execution and Diwakar, a computer engineer from Delhi University with previous stints with Amazon, Microsoft and CommonFloor looks after tech. The startup now plans to expand the team.
The company provides merchants with a Bluetooth barcode scanner that is connected to a smartphone equipped with the EveryBill app. The merchant can easily scan the barcode and generate an online bill. Everybill is currently working with 5000 merchants across 30 cities. 50 percent of users are form Jaipur, New Delhi, Bengaluru, Pune, Mumbai, Kolkata, Chennai and Ahmedabad.
The app has undergone several changes, depending upon user feedback since its launch last year, and the company now has some new features up its sleeves. Chakrachhattri tells us that EveryBill plans to help hyper local stores such as Big Bazaar with a self checkout system, reducing the queue time taken for billing. The company is already in talks with some stores and will soon start with its pilot. “So, people can go and buy products, scan them using barcode and checkout via online payments,” he adds. Consumers will also be able to track bills, exchange and guarantee.
However, it will still need some manual monitoring to ensure consumers pay for and take home the right products. Chakrachhatri tells us the sales monitoring will still be quicker, but doesn’t disclose the process they plan to use.
“For small stores, the seller can simply scan the products’ barcode and scan the customers’ barcode to share the bill. The customer would be intimated with a pop up message asking whether to pay the bill online or by cash. The merchant as well as the customer gets a copy of the bill which they can save forever. Customer can use it in product exchange, company claims etc.,” Chakrachhattri explains.
Currently, Everybill offers a subscription-based revenue model for merchants with varying packages. The EveryBill app is free to down on Android, but the company plans to build a premium version that would ask for a nominal fee after a specific period of usage. The company also plans to build an iOS app later this year. The startup hasn’t been incubated and is actively looking for funding.