Case Study: Hothaat Marketplace achieves faster payment realization and 2–3% FX savings with Payoneer

Hothaat Marketplace - Customer Case Study

Hothaat Marketplace, founded in 2012 by Hooner Baweja and based in Mumbai with offices and warehouses in South India, China and the US, is a cross-border ecommerce company that grew from three employees to over 200. Serving the US market (with plans to expand to Europe, Australia and South America), Hothaat’s fully export-driven model was hindered by slow, costly international payments—marketplace payouts arrived by wire in 7–10 business days and incurred high exchange fees, creating a bottleneck for growth.

Implementing Payoneer’s Store Manager let Hothaat consolidate all marketplace receipts onto a single platform, significantly shortening payment realization times. Within months they began saving about 2–3% on exchange rates and now receive roughly $100K monthly through Payoneer, enabling faster cash flow, compliant expansion into new marketplaces, and accelerated business growth.

Hothaat Marketplace

Hooner Baweja

Founder