QueueBuster eyes half a million businesses for its POS solutions

NEW DELHI: QueueBuster, a leading point-of-sale (POS) solution company, aims to expand its collaboration with businesses, targeting a diverse range of half a million enterprises, including large-scale retail outlets to smaller carts and kiosks.

Furthermore, the company is actively engaged with Direct-to-Consumer (D2C) brands, originally operating online but transitioning to an omni-channel approach by establishing physical retail outlets.

Varun Tangri, the founder & CEO of QueueBuster, outlined the company's ambitious growth strategy, highlighting its recent successful foray into international markets. This strategic expansion aligns with QueueBuster's mission to deliver innovative POS solutions globally, catering to the growing demand for its Android POS solutions in regions such as the Middle East and Africa.

Based in New Delhi, QueueBuster secured a Series A funding of $8.16 million from prominent investors, including Chiratae Ventures, Omidyar Network India, and Flourish Ventures.

Tangri emphasized the company's vision, stating, "By 2025, we are committed to deriving 20% of our revenue from these global markets, capitalizing on the burgeoning organized retail sector and the escalating demand for Android POS solutions."

QueueBuster's growth is evident in its expanding merchant base, surging from 20,000 in 2022 to an impressive 65,000 in 2023. Notably, the company has experienced significant progress in processing invoices, handling a monthly volume of 1.7 million invoices.

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