EXTERNAL EXPANSION LIMITED

EXTERNAL EXPANSION LIMITED
OPENING NEW MARKETS

Monday 4 August 2014

Ecommerce rapidly rising in India as people shift daily activities online


Indian firm Snapdeal is on track to handle more than $1bn in sales for over 30,000 merchants across 500 categories of goods


Kunal Bahl, one of the founders of Snapdeal, an Indian e-commerce website, in New Delhi. The swift rise of Indian e-commerce – Snapdeal and at least half a dozen other leading Indian shopping sites have recently announced major fundraisings –  has captured the attention of international investors. Photograph: Graham Crouch/New York Times Kunal Bahl, one of the founders of Snapdeal, an Indian e-commerce website, in New Delhi. The swift rise of Indian e-commerce – Snapdeal and at least half a dozen other leading Indian shopping sites have recently announced major fundraisings – has captured the attention of international investors. Photograph: Graham Crouch/New York Times

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