The Growing Pains of Indian E-Commerce: What You Need to Know

Source: Forbes

Capturing India’s rapidly growing e-commerce market has been a holy grail of tech entrepreneurs for years.India is a country with a booming economy, rapid growth of internet penetration, and a market of 1.2 billion.  It’s also a place where consumers have a lot to gain from not going to the stores.  A shopping trip can mean being packed into trains like sardines, navigating streets jammed with stalls and cow herds, or haggling with aggressive rickshaw drivers. The city centers are chaotic, and the contents of a shopping list are distributed over dozens of different stores or street stands. It seemed the perfect place to build a robust online economy.

Will e-commerce cos finally start making profits in 2013?

Source: Moneycontrol

Increasing at an unprecedented pace, India was home to the fastest growing online market among the BRIC (Brazil, Russia, India and China) nations last year, fueling a booming e-commerce market.
The number of unique online visitors in India grew 50 percent in the 12 months to November 2012, according to internet analytics firm comScore, outpacing the likes of China and Brazil, which grew just 2 to 3 percent each.