With Indian ecommerce companies trying several interesting initiatives right from same-day-delivery to bringing local shops online, these companies are looking for tool makers to help them grab more customers and serve them better.
Who is making minting money? For sure, not the ecommerce companies. They are still struggling with margins, as the focus is on getting new customers and optimizing logistics.
The real gold diggers are the products that power these ecommerce companies – be it cloud telephony or social apps, the gold diggers have shown strong growth riding on India’s Ecommerce growth story.
In no particular order, NextBigWhat team shares a few gold diggers who provide services and products to ecommerce businesses:
Kookoo, Exotel, Knowlarity
Webengage, Viralmint, SocialAppsHQ, Unbxd and Unicommerce.
Delhivery, Kartrocket, GreyOrangeRobotics, Vinculum, Ezetap, Zipdial and MartMobi. Payment gateways like PayUPaisa, CCAvenue, EBS and the newly launched PayZippy.
DIY Ecommerce sites
Shopify, Martjack, BuildaBazaar, Zepo
The Big Beneficiaries?
Indian ecommerce companies are spending a huge chunk of VC money in buying media and the biggest beneficiaries are Google (Adwords), Facebook and the TV/print industry.
Close to $120mn investor money is riding on toolmakers and while the ecommerce market will go through it’s own ups and downs, these toolmakers surely are having a ball!
The team at martmobi has prepared this cool infographic depicting the technology landscape of India’s Ecommerce industry[Image credit: wikipedia]