Most eCommerce companies in India have been burning cash on traffic/customer acquisition, investments in technology and people and investments in warehousing / fulfillment capabilities. Hence, the bottom line was to maximize GMV / revenue and traffic, and the availability of VC/PE funding helped some companies achieve it quickly. However, ofContinue Reading

VC Circle hosted India Internet eCommerce Forum in Mumbai and here are the key takeaways from the meet. Horizontal vs Vertical Online Retailing in India Vertical specific platforms will have enough time (2-4 years) before it will start facing competition from the Horizontals. While eventually consolidation will set in, theContinue Reading