Ecommerce has come a long way in India. It was valued at USD 16 billion in 2013, which was an eight-fold growth in just four years. When eBay acquired Baazee.com in 2004 to kickstart ecommerce in India, we wonder if they foresaw this!
Although ecommerce took a while to take off in India, customers have now warmed up to the idea of online shopping and investors eyeing more potential players to invest in.
What’s in store for Indian ecommerce in 2015? Have a look at the infographic below.