India’s eCommerce market is at an early stage but is expected to see huge growth over the next four to five
years. Over the past 2 years, venture capitalists have invested heavily in India’s eCommerce market, new players have emerged, and the eCommerce ecosystem has developed, presenting a huge opportunity for companies willing to work through some of the logistics and payments challenges in India.
eCommerce revenues in India will increase by more than five times by 2016, jumping from US$1.6 billion in 2012 to US$8.8 billion in 2016.
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