The focus of the company is on B2C (business to company) business and the regulated markets, which is core to the company's future growth, said Shashank Sinha, MD, Strides Shasun.
The company is now increasing focus more on business to consumer (B2C) sales, says Makrand Appalwar, CMD of Emmbi Industries.
"For the last six months, there has been a rise in hiring in the B2B segment as they are now more open to matching expectations of candidates in tune of market reality," Vijay Sharma, CEO and Co-founder, Belong, a talent solutions company, told PTI here.
According to the report, e-commerce B2C segment has grown significantly, leading to creation of many 'unicorns'. "However, focus of investors going forward seems to have shifted to profitable growth to achieve stabilisation of the economic model
The company currently earns 30 percent of its revenues from its B2C business. It aims to enhance the B2C share by launching around 15 value added products in the next 12 to 18 months.
Pramod Khera, Executive Director of Repro India told CNBC-TV18 that the long-term partnership will help the company shift base from B2B business to B2C model.
Traders body CAIT has alleged that e-commerce firms such as Amazon, Flipkart and Snapdeal are violating FDI norms by holding forthcoming festive season sales and it has complained to the Commerce Ministry.
The Footwear Retailers Association claims there is violation of FEMA provisions as far as e-commerce firms are concerned in terms of flouting investments
One of the main reasons for great optimism over e-commerce is the advent of better connectivity such as the 4G becoming a reality in India.
India is also preoccupied with handling a large number of such investigations and giving relief to the domestic industry wherever it is proved that dumping is taking place and consequential injury is taking place, JK Dadoo, additional secretary and DG anti-dumping, ministry of commerce says.
Currently, 100 percent is allowed only in the business to business (B2B) space. The players in domestic space like Flipkart and others want that the government should not open up 100 percent FDI in the B2C space.
Global retail giants like Amazon wants India to relax the foreign investment norms in e-commerce space. India's Foreign Direct Investment (FDI) policy restricts e-commerce companies from offering services directly to retail consumers.
Growth in e-commerce has attracted the attention of the tax authorities. State governments have initiated inquiries and raised tax demands. To ensure growth of e-commerce industry, government need to understand their functioning and devise tax rules.
The e-commerce boom in India has led to logistic companies making significant changes in their business models.Storyboard‘s editor Anant Rangaswami spoke with DHL's APAC CEO Jerry Hsu to understand how the wordl‘s largest logistics company is coping with that change.
With the Indian economy on a revival path, the next few years would be very good for the industry because the logistic sector has a very high correlation with pick-up in the gross domestic product (GDP) of the country, says Yogesh Dhingra of Blue Dart.
Macquarie forecasts the messing app universe - which includes WhatsApp, Japan`s Line and China`s WeChat among others - will generate almost USD 25 billion in annual revenue by 2017, up from under USD1 billion last year.
Listing out eight advantages of permitting foreign direct investment (FDI) in business-to-consumer segment, the Department of Industrial Policy and Promotion's (DIPP) paper said that it would also improve customer service.
Although currently FDI in B2C e-commerce is not allowed, sources say the Department of Industry Policy And Promotion or DIPP will now float a paper on FDI in e-commerce. The policy stance will be finalised after public comments on discussion paper.
CNBC-TV18's Rituparna Bhuyan reports that the DIPP was considering raising the FDI limits on key sectors of defence, telecom, and media. B2C segment of e-commerce may also see the ban on FDI being lifted.