Ridaex Tech acquired by their branding partner GotMatter Pvt Ltd
Bengaluru - GotMatter Pvt Ltd a Bangalore based IT & E-Commerce company has succeeded in acquiring Ridaex Technologies which had made a name for itself by manufacturing the 1st Indian Made LED Smart TVs. In fact, this is the first acquisition by GotMatter. Now the whole legal rights of Ridaex Technologies is owned by GotMatter from 8-2-2018 and will take complete control over the manufacturing, marketing & sales of the same. GotMatter a technology-oriented company which has learnt how to thrive the current Indian Television market has previously taken a biggest financial hit when it was just the sales and marketing partner, due to the damage of Televisions during the transit via logistic partners. By just not giving up the challenge, GotMatter has performed a 1.5-month packing research and came up with the idea of MDF Premium Packing which has cut down the damage rate by up to 92% in just few weeks. Starting TeamViewer Remote Quick Support was one of the best tech steps ever taken. Where Ridaex is the First Indian Television Company to start such advanced troubleshooting, sitting right at the work desk of a technician one can soft service any Smart Tv across the globe. The acquisition will strengthen the company's position as an agile and innovative company. It will also enable the company to elevate sales and increase expertise in customer service and enhance its business intelligence. Commenting on the announcement, CEO of GotMatter, Naveen Srinivas said: "I am delighted about this acquisition. It is a further demonstration of the success of our independent network strategy and never backing down attitude". Since the merge of Ridaex with GotMatter, a lot has been changed in management. Firstly, the addition of new and efficient manpower to the team. Secondly, a complete make-over from the scratch just to make sure everything runs efficiently without complications. Ridaex TVs are now getting more technologically advanced with new ideas and innovations taking birth every day. GotMatter promises to be the leader in technological advancements when it comes to consumer electronics in the coming years. GotMatter has also started working on expanding the manufacturing unit due to the increasing demand of the Ridaex TVs just after the launch of it's 50 inch TV. It is also planning to add some more consumer electronic products to its E-Commerce site at the most affordable price. In terms of sales GotMatter is totally amped up with new and safe logistic partners for faster and safer delivery after some claims complaining about the delay in delivery of the products. GotMatter is training new technicians for the purpose of demo and installation. It has also revised their delivery pin codes from 6,300 to 11,535 as on Feb 2018, so the PAN INDIAN sales reach are as twice as 6 months before. GotMatter has also set up 12 new service centers across the country just to make sure there are sufficient service centers. GotMatter services have increased the number of customer support executives to a larger number just to ensure each and every query of a customer is resolved at the earliest. GotMatter is expanding it's selling platform by adding Ridaex TV's to other leading E-Commerce websites such as Flipkart, Amazon and Paytm very shortly. GOOD TO HEAR Being an Indian based company, GotMatter also pledged to give 10% flat prize concession for Indian Armed Force current and Ex-serviceman on the purchase of all Ridaex Products.
Feb 8, 2018 - BHARATH360
Ridaex Tv to fully dominate LED TV sector in India by mid 2018
Ridaex is the new brand name that sounds like Chinese, but a Fully Authentic Indian Smart TV Manufacturing Company that has gained control of the leading front in the field of consumer electronics. Ridaex Smart Tv's are Android-powered LED Televisions which was launched in 2017 in Bangalore under GotMatter E-commerce platform with the plethora of Indian consumer expectations as it was the one and only Indian made television brand. Under the " Make In India " scheme, Ridaex Technologies assembled a group of talented engineers and a set of skilled workers did research for 14 months and then pioneered the art of Television manufacturing and thus Ridaex Smart TV built it's manufacturing unit in Rajkot, Gujarat where 93% of its components are being manufactured natively and the rest 7% are being imported from Hong-Kong. Well reputably Ridaex Smart TV's has outreached the expectations of every TV enthusiasts and consumers across the country with its revolutionary design and technologically advanced features. Ridaex is the first Indian consumer electronics manufacturing company to start the most advanced technical support service via TeamViewer, Where a Ridaex engineer sitting right in his office can service your smart tv at home. Nowadays it is hardly possible/a futile attempt for a new firm or a startup to penetrate into the consumer market which is filled with dominance and lots of tough competition from the leading edge innovators of the television manufacturing industry. None the less/ in spite being a startup Ridaex TV took a daring step forward and launched its Television "Changing the way you see a Tv". Since then, it has gained a lot of trusts and emerged a winner with sales of about 35,000 TV units in about 4 months overtaking Sony and Samsung. Ridaex TV tasted the success just by launching 4 of its variants, 32 inches RE-1320, 42 inches RE-1420, 50 inches RE-1500(FHD TV) and 50 inch RE-1500+ ( Best Selling 4K TV in India 2017) in under 4 months. Ridaex Smart TV outsold the sales of Sony, Samsung, Vu Tv just by launching these 4 variants while the big giants have a whole lot of different TV variants under their belt but still could not reach Ridaex's level of success. GotMatter is planning to launch its 55 and 60 inches variants by the mid of January 2018 and also have plans of launching its curved TVs soon in the future days. Ridaex TV is gaining a lot of reputation and trust of the consumers as it is cruising through as the top-selling economical SMART TV in India. People start to believe in a product when they get to know the product on which they are investing their wealth does not go in vain and when they get the product as promised a trust is developed and this is the exact kind of trust that every seller expects to have with their consumer. In the beginning, it was very tough even for Ridaex to gain the trust of the consumers but somehow managed with its Android operating system and technologically advanced specifications which are no lesser than any Sony or Samsung TV in comparison except for the size. The Indian consumers were also skeptical about buying the Ridaex TV as it was made in India and people had a blind belief that a product made in India would not be worth buying but Ridaex TV proved it wrong by offering huge offers and cash backs attracting a lot of consumers to give it a try and it ended up being the top 50 inch LED TV of 2017 by selling early 14k 50 inch TVs. People believed Ridaex for offering top class features at the economical price and Ridaex cultivated a thought in people's head, "why? Spending so much on a TV when you are getting the same kind of TV at a very lower price". There are many TV manufacturers some very reputed some are fading away and some still struggling to find its way through the consumer crowd but the only one who always stands on top is the one who can provide the best quality along with compact features and still keep the price economical. Ridaex TV has already triumphed over and is the top best alternate for Sony, Samsung, Vu Tv and many other TV manufacturers and plans to stay ahead, that way in the upcoming years too. The possibilities of Ridaex is vast and ever-increasing and the urge to innovate something new keeps GotMatter ahead of everyone in the field of consumer electronics following the motto of "Changing the way you see a Tv" and with its smart features and economical price Ridaex TVs are sure not settling down anytime soon without a rumble with tech giants.
Jan 10, 2018 - TECHTAGS INDIA
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