A venture of Cogent Infoway Limited, iSpyPrice.com was incepted in August 2012. As a price comparison site, iSpyPrice.com assists its customers to find the lowest price of products available for sale on various e-commerce websites. The site provides hourly updates for products with fast changing prices like mobile phones, tablets etc. It scans through major online shopping sites daily to find the best available prices of various products and presents the fresh pricing in ascending order for the customer’s convenience.
The company started off by tapping the mobile category with 3 to 4 merchants on board. Today, it has grown to associate with over 40 merchants in more than 15 categories and witnesses a whopping 2.5 million visitors per month. It aims to continue expanding its product range and categories in the coming future.
iSpyPrice.com foresees the Indian market growing rapidly and surpassing all the current projections by cent per cent in 3 to 5 years. Furthermore, it encourages Indian consumers to make matured and well-informed decisions when it comes to buying products online by first comparing their prices. Also, it predicts that consumers in the near future will be ready to pay a little premium and buy from merchants with higher credit ratings and reputation in the market.
Currently the firm is focussing on the Indian e-commerce market but also plans to launch similar products for the international market in the next 2 to 3 years. It strives to become the most credible and trustworthy platform for price comparison in India.