E-Commerce Trends in India in 2011

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E-Commerce is growing very fast.Here are few statistics about this.

– 3600 Rs crore of the E-Retailing industry in 2011.
-38 million , number of transaction users on the internet by 2015, which is presently 10 million.
-376 million estimated number of internet users in India by 2015
-Share of E-commerce.

a.)Travel-51%
b.)E-Retailing-40%
c.)others-09%

-1622.6 crore of private equity and venture capital was raised by e-commerce ventures in 2011.
-Retailer giant Macy’s and some other began shipping to India.
-Amazon is entering into India on a large scale.
-In 2011 Tesco recorded 15.2% growth in online sale.
-Retail in India is timy in comparison to $550 billion market which is un organized.
-12 of ACCEL’s 38 investments are e-commerce.
-No. of employee in FLIPKART is 3500, this number is 800 in snapdeal.com

Top 10 Retailer Site (According to Market Share)

-Amazon
-Apple.com(worldwide)
-Samsung Group
-Flipkart.com
-Homeshop18.com
-Naaptol.com
-Bookmyshow.com
-Myntra.com
-Priceindia.in
-Alibaba.com

Source:COMSCORE Data for the month Nov. 2011

In 2011 more than 23% of the $1.4 Billion Tech deals were through E-commerce.

Investement in E-Commerce.

Company Month $ Million Investor
Snap Deal Feb. 9 Nexus, Indo US
Myntra March 14 Tiger Global,Indo-US
FlipKart June 20 Tiger global
Fashion and You November 40 Norwest, Intel Capital, Sequonial, NokiaGrowth

source: Fortune India

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Mohit Bansal(23) is B.Tech in Electronics and Communication Engineering from Indian School of Mines, Dhanbad, India. He has interest in business and entrepreneurship and has published couple of research articles. He is also associated with various NGOs. He is with Techaloo when it was just in concept stage. The Techaloo site was not existing even then. Currently Mohit is working with Mu Sigma as a Business Analyst Profile.

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