E-Commerce Market in India

The e-commerce is one of the biggest things that have taken the Indian business by storm. It is creating an entire new economy, which has a huge potential and is fundamentally changing the way businesses are done. It has advantages for both buyers as well as sellers and this win-win situation is at the core of its phenomenal rise.It was about this time of the year in 2011 that the news of multimillion-dollar valuations of companies such as Flipkart, Snapdeal and others came out in business circles. VCs and Angels flush with funds went on a spending spree, extending financial support to any one they thought was the next big thing on the internet. E-commerce, the word much used and abused since India’s first successful internet venture, baazee.com, was the hottest selling cake again. This gave hope to many aspiring entrepreneurs wanting to make it big in the internet world. What also went abuzz was the talk about another internet bubble waiting to burst. A Year has gone by. Has e-commerce really arrived or has it come closer to bursting? Online shopping is truly catching on in India, traditional brick and mortar stores are also getting the hand of doing business online. The trends demonstrate that traditional stores will keep on doing sufficient business while the online stores increase their virtual presence on the internet.

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About Sudhilal KK

Sudhilal plays a key role in Strategy, Planning, Project Delivery and Business Development for NetiApps. He works closely with the customers to offer custom built solutions and he is responsible for planning and execution of projects, budgeting, client relationship, alliances, business development and implementation of comprehensive marketing plans for the firm. Sudhilal is an accomplished relationship builder with a strong commitment to helping clients succeed, and developed many new relationships with clients in a variety of industries. He has brought to the table an experience of working with various developments and he has hands on experience in various areas:Software Engineering, Application Development, Business Analysis, Cost Estimation and Pre-Sales. Sudhilal enjoys expanding his own perspective and has done his Master of Science in Information Technology.

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