In 2021, the market size of (B2B) E-Commerce was worth over USD 5 Bn in India. Will India be able to stand on this growth trajectory? Ken Research

1. Growth of B2B Start-ups in India.

(4,650) of Total Online Startups in 2019 provide B2B services.
The B2B boom: India added 2,300 B2B start-ups in the last 5 years, and these are the top trends driving the growth.

Mumbai-based service named Pricebaba had announced its launch in 4 new cities taking the total number of cities it is operational in to 11 - a company which was growing exponentially creating an on-ground presence in the three major cities of Mumbai, Bangalore and Delhi; from a time when the same start-up had received post-seed funding from 500 Wallah, the $5 Mn India-specific fund from the then ever-popular global accelerator program 500 start-ups; from a time when online property listing platform like Housing.com was rallying its troops on launching it pocket burning brand campaign; from a time when Mumbai-based food ordering app TinyOwl had raised Rs. 100 Cr. in its Series B round from Matrix Partners, Sequoia Capital and Nexus Venture Partners, aiming to enhance the meal ordering experience of users with its carefully-designed app; from a time when Grofers raised a whooping $35 Mn investment from existing investors to help fund further expansion, leading them to be a $110 Mn start-up in India.

2. Emerging Operational and Technological Innovations Offer Faster, Cheaper Service to Ever Rising Net Savvy Customer

Faster Order Fulfillment: Platform Relationships with 3PL partners has led to a decrease in overall time of fulfillment, increasing business efficiency.

New Buyers with Peculiar Habit: The new age consumers are online savvy thus making it easier for business to reach to them through online channels.

Trends and Developments in Indian Online B2B Industry:
https://www.kenresearch.com/technology-and-telecom/it-and-ites/india-online-b2b-platform-industry-/335280-105.html

Direct Selling to Customers: Online channels enable reaching out to the customers directly thus increasing margins for businesses.

Increase in Visibility: Online platforms help in providing wider scope in terms of visibility & consumer base with the help of internet.

Support in Business Management: Dashboarding makes it easier for firms to track their business activities on a daily basis.

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Online Marketplace
Commissions paid on the basis of order size and nature.
Average Range: 2%-20%.
Listing Platforms
Listing Fees paid to get listed Online for a stipulated time.
Average Charges: INR ~30,000/year.

3. Early Adoption by Tech Start Ups Paved the Way for Indian Enterprise to Enable Business Operation through Software's

Udaan helps in tracking the shipment as well as store it in the warehouse with their in-house developed software.
The software also helps to rate the players on boarded with them to assess their financial & operating capability.
Bizongo provides an Artwork flow management service as well as live tracking and other crucial information analysis services via there In-house software.

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Benefits of SaaS OEM
Zero/ low Maintenance costs
Faster Deployment
Agile, Secure & Easily Scalable
Rise of Vertical Saas (Operation Specific)

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Ken Research is a Market Research and Consulting Firm, based out of India, Indonesia and UAE. Since 2011, we have been assisting clients globally with our Syndicate and Bespoke Market Research and Advisory Services

This release was published on openPR.