Ecommerce businesses in India have been witnessing unprecedented faith of investors in this year so far. VCs, PEs firms, angel investors and angle networks have bet high on various ecommerce businesses as they believe that ecommerce is a strong or to some extent only alternative to organized retail that more or less failed to cater to needs of consumers in the country.
Ecommerce industry in India has been getting lots of traction these days and industry witnessed multiple and square growth. Burgeoning ecommerce space has also seen evolvement of newer trends on various front, however one trend that particularly catches my attention – why lot of senior professionals are tempted to hop on to bandwagon of e-entrepreneurship.
Indian eCommerce industry is growing very fast and trend of deserting the plush professional career and step in to riskier and volatile space of entrepreneurship is also growing.
E commerce industry in India is growing at a phenomenal pace but are the services supporting it at the backend able to keep pace?
“The decision of our internal funding is dictated by overall exuberance of entire online ecosystem in India”- Rahul Sethi3 Comments
Online businesses in India are witnessing unprecedented faith of investors and consumers at the same time. External funded ecommerce companies in India are showing lot of exuberance , however the internal funded company like tradus sees ecommerce as running a marathon where level of energy including funding should be in synchronization in order to clear the finish line of e-marthon.