“The best way to predict the future is to create it.”
- Peter Drucker

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STEP Invests in Overcart
15 January

STEP recently invested in Overcart, India’s first marketplace for over-stock, unboxed, refurbished and pre-owned products. Overcart was founded in 2012 by Alexander Souter (M.A and M.Sc. from St. Andrews, Edinburgh) and SaptarshiNath (Masters in International Business from Delhi School of Economics).

Overcart aggregates unsold stock from retailers and manufacturers and sells directly to customers and whole sale prices. This helps customers get great prices and helps manufacturers and retailers get the maximum realization for their unsold items and returned products.

Essentially, Overcart efficiently aggregates the supply of returns and excess stock from e-commerce, distributors, and manufacturers and fulfills the demand from end-users, small retailers and SMEs.