The needs at this age are many and the resources to cater to them, limited. It’s a bit of a ‘see more, want more’ conundrum, something that Armaan Vananchal and Niranjan Nakhate, the co-founders of Mumbai-based Frapp are particularly familiar with, having lived the student life not too long back.
The twenty-something entrepreneurs who graduated from the Narsee Monjee Institute of Management Studies (NMIMS) were aware of the gigs scene for students in India, particularly of the difficulties freshers faced in scoring internships. It was, in fact, a sum collective of these experiences and a college project that required Armaan to come up with a business plan that inspired the idea of Frapp.
What started as a platform for student discounts and deals has, today, entered a whole new market altogether, creating part-time work opportunities and gigs for the hundreds of thousands of students in India.
And since their pivot, their business model has expanded its target audience as well, catering to an even larger community that includes freelancers.
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