×
316
Fashion Jobs
TIME TECHNOPLAST
Area Sales Manager
Permanent · Andheri
LIFE TURN MANAGEMENT CONSULTANT
sr. Manager Production - Sricity, Tada - Mnc Company - Engineering Ind
Permanent · Tada
MCKENZIE
Hiring For Retail Store Merchandiser / Manager
Permanent · Chennai
V2B GLOBAL CONSULTANTS
sr Technician Apparel -Buying Office
Permanent · Gurugram
MANPOWERGROUP SERVICES INDIA
Opening || Horeca Sales Manager || Kolkata
Permanent · Kolkata
ADIDAS
Senior Product Owner - Machine Learning & ai
Permanent · GURUGRAM
ADIDAS
Senior Technology Consultant - Omnichannel
Permanent · GURUGRAM
PUMA
Manager- Warehouse (B2C)
Permanent · Bengaluru
HARMAN FINOCHEM
sr. Manager- Api Production For Srp With Leading Pharma @ Aubad
Permanent · Aurangabad
PNB HOUSING
Area Sales Manager
Permanent · Thane
PNB HOUSING
Area Sales Manager
Permanent · Pune
JM FINANCIAL HOME LOANS LTD
Area Sales Manager - Home Loans
Permanent · Chennai
DANIEL WELLINGTON
IT Support Specialist
Permanent · MUMBAI
DBS BANK
Hiring For Area Sales Manager - Gold Loan
Permanent · Karaikal
DBS BANK
Hiring For Area Sales Manager - Gold Loan
Permanent · Thiruvarur
DBS BANK
Hiring For Area Sales Manager - Gold Loan
Permanent · Tirunelveli
AVANTOR
Area Sales Manager- Lab Consumables
Permanent · Pune
ADIDAS
Manager Brand Activation Originals
Permanent · GURUGRAM
ZACH LIFESTYLE PVT. LTD.
Manager - Content & Social Media
Permanent · MUMBAI
NEW ALFA INTERNATIONAL
Foundry Production Manager
Permanent · Dubai
MEDCIS PATHLABS
Medcis Pathlabs is Hiring For Pathology Area Sales Manager
Permanent · Visakhapatnam
PERFECT PUBLISHING SOLUTIONS
Area Sale Manager-b.Tech Fresher-German Mnc -Immediate Joining
Permanent · Bhubaneswar
Published
Dec 2, 2022
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

India's e-commerce marketplaces could reach $350 billion in GMV by 2027: Bain & Company, Accel

Published
Dec 2, 2022

India’s fast growing e-commerce marketplace sector is expected to more than triple in value to reach $350 billion in gross merchandise value by 2027. According to a new report by Bain and Company and Accel titled ‘The Rise of Digital Bazaars in India’, the sector will contribute more than 5% to India’s GDP in five years. 

A recent event by global consulting firm Bain & Company - Bain & Company- Facebook


“Marketplaces have contributed to India’s growth story by offering greater access to capital and innovative financing solutions for traditionally underserved segments; enabled MSMEs to transact online, with an increased pan-India reach; and have provided employment opportunities to more than three million gig workers in India,” said Bain and Company partner and report co-author Arpan Sheth in a press release on December 1. 
 
The sector will create seven million jobs in India by 2027, according to the report. Not only could online marketplaces create up to $500 billion in enterprise value, they should also enable 15 million micro, small, and medium enterprises to grow their businesses online. 

“Dealmaking in the short to medium term is likely to be more measured and valuation multiples will see some degree of rationalisation,” said Bain and Company partner Prabhav Kashyap in a press release. “The future of marketplaces, on the other hand, is robust and with strong growth in their GMV and continued interest from investors, we expect the segment to see ample opportunities and a strong pick up. While the marketplace model is popular across multiple categories, upstream business-to-business, fintech, and shipping and logistics are some of the most exciting areas. These sectors show evidence of successful marketplaces as well as significant headroom for growth of new or emerging players.”
 
India is home to more than 300 funded marketplaces spanning multiple categories such as retail, education, healthcare, travel, and financial services among others. Up stream B2B commerce presents a $1 trillion opportunity in India with government initiatives and a need for need for disintermediation driving growth in the sector. 
 
“India is one of the world’s fastest growing and most dynamic emerging markets,” said Accel partner Anand Daniel. “Our report on the country’s digital bazaars reveals the extent to which marketplaces have grown in this market across both business-to-consumer and business-to-business segments. More than one third of large outcomes in our start-up ecosystem have been marketplaces and contribute to more than $100 billion in GMV. Accel India is fortunate to have partnered with many of these marketplaces from seed to scale. We have invested more than $700 million in these companies, and continue to look for more such opportunities.”
 
 
 

Copyright © 2023 FashionNetwork.com All rights reserved.