Success Story!

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A success story of an online business from India and it is slowly making inroads and becoming a huge company. Flipkart which is a business run pretty much the same way as Amazon but they have dedicated much time and resources on their supply chain to make sure the goods reach any part of India on time and that is their promise. Flipkart, easily India's largest e-tailer, is expected to close 2011-12 with about Rs 550 crore in revenues. After its acquisition of Letsbuy, a strong cyber player in the consumer electronics category, the firm's revenue is expected to touch around Rs 700 crore. Pretty much like the Indian version of Taobao.com in Mainland China, this business is using the great demand in the Indian region to reach out to people and get them to buy online. With more people using different platforms to go online these days, online shopping has become almost like a necessity for most people. They have huge focus on customer service too, when reading about them, I discovered every employee no matter which department has to go through vigorous training for Customer Service. A great story and another example of going online is truly remarkable right now.

Source: http://www.business-standard.com

Image: lumaxart
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