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.