E-com majors came together to elucidate the true potential of the space, challenges ahead and paths to success
New Delhi, May 16, 2016: India’s first and largest managed marketplace, ShopClues and the country’s leading automobile marketplace, Droom joined hands to present E-commerce Day in Gurgaon today. The event was attended by management graduates and aspiring entrepreneurs which promised to be an interesting and stimulating learning platform for all those passionate about tapping into the unbridled potential of India’s e-commerce landscape. The day-long celebration of E-commerce Day was held at Epicentre and witnessed participation from prestigious academic institutions and colleges such as IIFT, MDI, SIBM, IIM, XLRI and many more.
The agenda of E-commerce Day was to bring together industry veterans like Mr. Sandeep Aggarwal, Founder of ShopClues and Droom and Mr. Sanjay Sethi, Co-founder and CEO of ShopClues.com, who shared their valuable insights with the invitees and helped them better chart their own paths to success in this high-growth segment. The event also shed light on the present state of Indian E-commerce, success strategies and prospective opportunities for career growth. In addition, thought leaders in the domain shared the key challenges ahead of them and their own blueprint to tide over inclement market conditions.
Speaking on the occasion, Mr. Sandeep Aggarwal, Founder, Shopclues & Droom said, “We are living in an evolution period where our nation is transitioning to become a knowledge society. There is a remarkable transformation in innovation, consumerism, productivity and logistics over the last few years. E-commerce is the catalyst for the Indian populace to embrace the digital and seek enterprising and professional opportunities in this sector. The industry is likely to generate 2.5 lakh jobs in online retail in FY16-17 and the hiring is expected to grow at 60-65 per cent. I foresee our young demographic dividend to become much more confident, risk taking, innovative and profound decision makers of tomorrow.”
Speaking on organising E-Commerce Day, Ms. Radhika Aggarwal, Co-Founder and Chief Business Officer, ShopClues said, “In India, there is much excitement and curiosity around the e-commerce segment and where it is headed. A large clutch of ambitious youngsters are eyeing this sector and are deeming it as the best place for them to realise their full potential. As one of India’s leading businesses in this space, we have always considered it our responsibility to provide whatever assistance we can to those looking at a career in e-commerce. E-commerce Day not only plays a vital role in educating budding entrepreneurs but it also helps them devise their own strategies for success in the future.”
Shikha Taneja, Senior Director, Human Resources at ShopClues said, “E-commerce Day is a wonderful opportunity for new and aspiring entrepreneurs to get a dekko into how this space works. By interacting at close quarters with the leading minds of this segment, young students and professionals will be able to truly assess the explosive opportunities that lie in this space and will also be equipped with the requisite knowledge to make the best of those opportunities. There’s nothing like a face-to-face interaction with industry veterans for great exposure and learning.”
In an earlier edition of E-commerce Day, ShopClues had invited students on its premises to get a first-hand view of how India’s leading managed marketplace works. It endeavoured to give aspiring e-commerce professionals and entrepreneurs an authentic glimpse at the potential of the realm while also giving them a true picture of the toil one has to put in and the roadblocks one has to encounter. With a continued dedication to helping the youth of the nation discover what it takes to build a business of value and scale, ShopClues has partnered with Droom for the third edition of this highly successful initiative.
ShopClues is India’s first and the largest managed marketplace with more than 190 million monthly visitors on its website and was founded in July 2011 in Silicon Valley by Sandeep Aggarwal. With 5cr listed products and over 4,00,000 + merchants, ShopClues aims to provide the best online shopping experience to its customers – starting from the great selection, low price, ease of use, fast delivery, and ending with the best customer service you have ever experienced. ShopClues ships in over 29k pincodes across India and has thousands of online stores.
The company is run by co-founders Sanjay Sethi & Radhika Aggarwal and an energetic team of over 1000 + people and is funded by leading institutional investors, is an Indian subsidiary of Clues Network Inc., a US Corporation and is based out of Gurgaon.