Mojarto Company Profile
Background
Overview
Mojarto, established in 2005 by Manisha Lath Gupta and Tara Roy, is a prominent online platform dedicated to the discovery and acquisition of Indian art and collectibles. The platform serves as a comprehensive marketplace, connecting artists, collectors, dealers, galleries, and resellers. Mojarto's mission is to democratize access to art by providing a curated selection of artworks, thereby fostering a transparent and accessible art market.
Mission and Vision
Mojarto aims to bridge the gap between artists and art enthusiasts by offering a curated platform that ensures transparency and accessibility. The company's vision is to cultivate a vibrant art ecosystem where emerging and established artists can showcase their work to a global audience.
Industry Significance
As one of India's largest online art platforms, Mojarto plays a pivotal role in the art industry by leveraging technology to expand the reach of Indian art. The platform's association with NDTV enhances its credibility and visibility, positioning it as a trusted destination for art acquisition.
Key Strategic Focus
Core Objectives
- Curated Marketplace: Provide a selection of artworks that meet high-quality standards.
- Transparency: Ensure clear pricing and authenticity of artworks.
- Accessibility: Utilize technology to make art accessible to a broader audience.
Areas of Specialization
- Original Paintings: A diverse collection of paintings across various mediums.
- Sculptures: A selection of sculptures in different styles and sizes.
- Fine Art Photography: Curated photographs by various artists.
- Limited Edition Prints: Exclusive lithographs and serigraphs.
Key Technologies Utilized
- E-commerce Platform: A user-friendly interface for browsing and purchasing art.
- Analytics and Data: Utilization of data analytics to enhance user experience and curation.
Primary Markets Targeted
- Art Enthusiasts: Individuals seeking to purchase art for personal collections.
- Interior Designers: Professionals sourcing art for projects.
- Corporate Clients: Businesses looking to acquire art for office spaces.
Financials and Funding
Funding History
- Seed Funding: In August 2016, Mojarto secured $445,000 in seed funding.
Notable Investors
- NDTV: The platform is backed by NDTV, providing significant media reach and credibility.
Utilization of Capital
- Platform Enhancement: Improving user experience and expanding the art catalog.
- Marketing Initiatives: Increasing brand visibility and customer acquisition.
- Operational Expansion: Scaling operations to accommodate a growing user base.
Technological Platform and Innovation
Proprietary Technologies
- Curated E-commerce Platform: A specialized platform tailored for art transactions.
Significant Scientific Methods
- Data Analytics: Employing analytics to understand customer preferences and optimize curation.
Leadership Team
Key Executives
- Manisha Lath Gupta: Co-founder with a background in marketing and product development.
- Tara Roy: Co-founder contributing to the platform's strategic direction.
Professional Backgrounds
- Manisha Lath Gupta: An MBA from IIM Bangalore, with experience at Unilever, Colgate Palmolive, and Axis Bank.
- Tara Roy: Details of her professional background are not specified.
Key Contributions
- Manisha Lath Gupta: Instrumental in the platform's inception and growth, leveraging her corporate experience.
- Tara Roy: Played a significant role in establishing the platform's strategic vision.
Competitor Profile
Market Insights and Dynamics
- Market Size: The online art market in India is expanding, driven by increased internet penetration and interest in art.
- Growth Potential: Significant potential exists due to the untapped market of art enthusiasts.
- Industry Trends: A shift towards online platforms for art discovery and purchase.
Competitor Analysis
- Artfinder: A London-based platform offering a wide range of artworks.
- World Art Community: An Indian platform focusing on handmade and artistic products.
- Engrave: A Mumbai-based platform specializing in personalized art and decor items.
Strategic Collaborations and Partnerships
Significant Collaborations
- NDTV: The partnership with NDTV provides Mojarto with extensive media reach and credibility.
Operational Insights
Strategic Considerations
- Market Position: Mojarto's association with NDTV positions it as a credible player in the online art market.
- Competitive Advantages: Curated selection, transparency, and a user-friendly platform.
Strategic Opportunities and Future Directions
Strategic Roadmap
- Technology Integration: Enhancing the platform with advanced technologies for better user experience.
- Market Expansion: Exploring new markets and demographics to increase user base.
- Artist Support: Providing more resources and support for emerging artists.
Opportunities for Expansion
- International Markets: Tapping into global markets to showcase Indian art.
- Corporate Partnerships: Collaborating with businesses for art installations and projects.
Current Strengths Positioning for Future Objectives
- Established Platform: A well-recognized platform with a strong user base.
- Media Backing: Support from NDTV enhances credibility and reach.
- Curated Selection: A focus on quality and authenticity appeals to discerning customers.
Contact Information
- Website: Mojarto
- Email: contactus@mojarto.com
- Phone: +919953004374
Note: The above contact information is publicly available and provided for informational purposes.