Ecommerce & Startups
Why so many Indian e-commerce startups fail and what can be done about it
India, which has approximately 658 million Internet users and the largest market for online shopping, should already be the global leader in terms of eCommerce. According to a recent survey done by the International Data Corporation (IDC), India is the world's fastest-growing smartphone market, with an annual growth rate of 19% in 2022 and a total shipment of 37 million devices. In addition, even rural India has witnessed a meteoric rise in mobile Internet commerce. Furthermore, the Government of India's latest proposed ...
Prediction of Digital e-Rupee Notation
We're thrilled to let you know that our mentor Nitin Lodha's 2018 prediction that the notion of the digital e-rupee will be implemented excites us just as much as the actual implementation does.
Chitrangana at Oracle OpenWorld 2019 (San Francisco) #OOW19
Come meet Chitrangana's consultant at our booth #1128 and begin your eCommerce success journey.Join us at Oracle OpenWorld 2019 #OOW19 at Moscone Center, San Francisco.Enrich your eCommerce experience with Chitrangana, India's Leading eCommerce Consultancy
O2O Commerce Is The Next Retail Revolution In India
DESPITE boasting of the world’s largest consumer base for eCommerce, online shopping portals contribute to only 4% of India’s total retail business. A recent study revealed that 96% of the marketplace prefers the traditional, offline shopping experience. Industry experts believe customers rely upon personal interaction and real time product information before making a payment. Even in metros and tier 1 cities, eCommerce portals contribute to only 22% of total retail sales. This low number can be attributed to reluctance of ...
E-Pharmacy is the new wave in Indian eCommerce
Over the past decade, the Indian eCommerce industry has evolved from an online book store to a full-fledged convenience store where a consumer can order just about anything under the sun. And now, the next wave in industry is E-Pharmacy, which is expected to gain 8% market share by the end of 2020. According to a recent survey by Research wing of Chitrangana, more than 60% Internet users in Germany buy medication online. In India, a few pharmacy outlets have ...
Why Start-Ups Must Embrace Draft eCommerce Policy – view by Chitrangana.com
The Govt. of India’s new Draft eCommerce policy should serve as a shot in the arm to ambitious start-ups trying to compete with global giants such as Amazon and Walmart. Seeing as the policy is designed to benefit the Indian consumer and/or retailer, the Govt. of India deserves a ton of praise - Chitrangana.comIt’s not a well-kept ...
India’s eCommerce industry ready to hit 45% growth in 2018-2019, according to Chitrangana
Chitrangana, India’s biggest eCcommerce consultancy, believe the online industry has regained momentum after a drop off in 2017 in the aftermath of demonetisation. Chitrangana, industry experts in the e-commerce sphere, have projected a 45% growth on YOY basis for the 2018-19 season, just a year after the web retail business saw a drop off due to demonetisation of Rs. 500 and Rs. 1,000 notes. Chitrangana believes the extraordinary growth in 2018-2019 is also due to ...
India’s new draft eCommerce Policy – Featured in National News (Rajyasabha TV, DD News)
Featured on National News Network to explain the draft eCommerce policy, Chitrangana believes the new policy will assure level playing field for eCommerce start-ups in India and help to emerge new ventures. The new draft policy protects the Indian eCommerce business entities and the consumers. The regulation will build customer's trust in online shopping which expected to increase new customer base by 35% post policy implementation.The TV show participated by our Senior eCommerce Consultant Mr Prashant Kumar ( India and ...
India’s eCommerce furniture sales jump by 32% in 2017-2018
The willingness of Indian customer to buy furniture online has grown significantly in 2017. Now more than one in six Indian eCommerce buyers prefer shopping furniture online. The survey data reported 32 percent jump in online furniture sales in Q3 for 2017-2018. Customer prefers buying online stuff like sofa, chairs, wardrobe, beds and tables.This statistic can be found in the report prepared by research and statistical department of Chitrangana.com, a new study published by India's Leading eCommerce Consultancy, Chitrangana.com. The ...
Won “eCommerce Innovation 2017” Award
With record record number of high-quality innovative eCommerce projects, Chitrangana.com won 2017's eCommerce Innovation Award at Barcelona in 7th annual European E-commerce Awards. The award organised by European eCommerce Association at Barcelona city. 270+ eCommerce consultancy companies selected from across world for the award process by central award commite, and the nomiation was announced on 25th Nov 2017 at Brussels.Chitrangana.com receive the ...
