Startups that are shaping the look of the e-commerce Industry
The e-commerce sector in India which is at US$ 17 billion is expected to grow at a CAGR of 30 per cent to reach US$ 200 billion by 2026. It is on an upward growth trajectory and will surpass the US to become the second largest e-commerce market in the world by 2034. Despite all the regulatory challenges surrounding it, the segment is well equipped to drive the next level of Indian consumer growth this year, according to a report. With improving data affordability, consumption growth and newer financial products, the e-commerce market is set to grow, be it across e-tail, travel, consumer services or online financial services.
Though the majority of the market is dominated by the big players who occupy a lion's share of it, small and medium online stores are also coming up with alarming alacrity. Every e-commerce business is unique, but there are patterns and shortcuts that apply across many, there are principles that can be used to measure and grow results across different e-commerce sites, and there are common pitfalls that may be avoided. Working with experienced e-commerce Startups can help businesses in worthwhile delivery solutions to companies in a new start-up, retail, corporate, manufacturing, finance plus retailer and distributors. There is no one-size-fits-all strategy in e-commerce and hence these Startups drive growth and innovation through the best use of Omni-channel platforms spanning across companies of all shapes, sizes, and verticals.
In our current edition, we have featured a list of "10 Most Promising e-commerce Startups". The list consists of expert Startups that guide businesses from proof-of-concept to implementation, followed by deep performance tuning to ensure continued success. Leveraging a Startups team's expertise to make customers' shopping experience more engaging pays dividends that businesses can reap for years to come.
In our current edition, we have featured a list of "10 Most Promising e-commerce Startups". The list consists of expert Startups that guide businesses from proof-of-concept to implementation, followed by deep performance tuning to ensure continued success. Leveraging a Startups team's expertise to make customers' shopping experience more engaging pays dividends that businesses can reap for years to come.