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Good Morning,

The ecommerce market in India has been witnessing a rapid evolution in recent years with the emergence of newer formats like direct to consumer (D2C) and social commerce.

Brands have now started exploring live commerce, popularly known as video commerce, on their platforms to onboard new customers.

Live commerce allows customers to shop during live video streaming of events, and is fast becoming a viable way for brands to market, communicate, and sell products online.

While the segment in India is still in its nascent stage, there is a huge potential in the blend of content and commerce. At present, some of the top players in the segment in India include Bulbul, Simsim, etc.

In a report titled ‘How India shops online 2021’, Bain & Company and Flipkart notes that video content consumption has gained traction, giving birth to a substantial community of local creators and influencers. 

The COVID-19 environment has also played its part as the work from home scenario is driving higher video consumption.

The Interview

In a fun chat on Influencers Inc by YourStory, Shlok Srivastava, aka, Tech Burner talks about the booming influencer’s economy and the growth of the ‘tech’ space in the content world.

Editor’s Pick: The Turning Point

It was Ithaka, a poem by Constantine P. Cavafy, that set banker Falguni Nayar on an entrepreneurial journey in 2012. She realised the meaning of the poem: cherish the journey rather than the destination. 

This was a turning point for Falguni, which led her to launch the online beauty marketplace, Nykaa. Read more.

Startup Spotlight

Grow ecommerce businesses from a single dashboard 

Many retail brands consider digital critical for business continuity and see it as a key piece of their future growth strategy. Goa-based SaaS startup Browntape enables offline players or digital native brands to quickly offer their products across online channels simply and cost-effectively. Read more.

News & Updates

Before you go, stay inspired with… 

“Mobile shopping is going to change dramatically. Traditional commerce is very functional, and we feel consumers want authentic and entertaining experience in a live manner in many categories, which is done by influencers or celebrities.”

— Piyush Shah, Co-founder, InMobi Group, and President and COO, Glance

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