The Indian startup ecosystem has grown tremendously over the past year, if you look at indicators such as new startups, funding and the number of investors in the country. According to data released by StartupBlink, India moved up to 17th position in 2018 from 37th spot last year in the Startup Ecosystem Ranking for 2019. India ranks 17 globally among 100 countries, based on the strength of its startup ecosystem, according to StartupBlink, which tracks startup ecosystems on a number of parameters.

Publication: INC42 (Online)

Date: April 20, 2019

The ecommerce market in India is expected to reach $200 billion by 2026. As the market continues to grow, India’s ecommerce players are faced with a myriad of challenges. With retail tech giants cashing in on the market growth, ecommerce companies in India are adapting their business models in an effort to win over Indian consumers. The sector has witnessed tremendous growth, with online shoppers forecast to reach 220 million by 2025 – however there is still a desire for in-person human interaction. Retailers with omni-channel strategies retain an average of 89 percent of their customers, according to Teleperformance DIBS. Retailers failing to direct adequate emphasis on customer experience will struggle with retention.

Publication: Business World (Online)

Date: April ...