Global eCommerce Software Major Magento Commerce Expands into India Market
Saturday, 13 January 2018 *Magento* Commerce a leading eCommerce platform whose technology powers 260,000 eCommerce sites delivering over $124B of GMV with 1,300 plus technology partners, 300 plus solution providers, 255,000 developers (7,500 plus certified), 4000 enterprise customers and a marketplace for 1000s of extensions across 25 plus industry verticals, helps business with B2C/B2B/B2B2C solution continues its investment into the Indian market. It will empower Indian eCommerce businesses to successfully integrate digital and physical shopping experiences.
*Anand Natarajan, Enterprise Sales Executive for India/South Asia Magento Commerce*
Magento Commerce has a strong portfolio of cloud-based omni-channel solutions, Order management, Business Intelligence and Market Place extensions. It will empower Indian enterprises with world’s most flexible commerce platform to successfully integrate digital and physical shopping experiences in providing end to end eCommerce solution.
The rapidly growing eCommerce market in India, is expected to surge from US$15 billion in 2017 to US$200 billion by 2027 with GMV CAGR of over 30%. Higher smartphone adoption is fueling this digital revolution.
*Ian Kinsella, Head of Sales, APAC*, explains, “The Indian eCommerce market is on track to become one of top 3 largest within the next decade. Magento is well poised to help Indian companies to take advantage of this phenomenal growth by bringing its flexible platform, latest innovations and global expertise.” He further added, “B2B Commerce is viewed as a priority focus for many enterprises post GST roll-out in 2017.”
The company recently announced the appointment of an industry professional and former Chief Business Officer of Excellor eCommerce and a SVP of Adaequare Group, *Anand Natarajan*, to join the Enterprise Sales team for India/South Asia.
May.09 -- Joseph Feldman, managing director at Telsey Advisory Group, examines Walmart Inc.'s $16 billion deal to purchase a controlling stake in Flipkart Group to gain greater access to India's.. Source: Bloomberg Global Business -