Synopsis
TA Krishan is assured in regards to the multi-decadal, 30%-40% progress prospect of the e-commerce house. But says the extended funding winter is a matter of concern. In a free-wheeling interview with ET Prime, he opens up on growth plans, the altering equation in Indian e-commerce, environment friendly use of capital, IPO or a strategic sale and much more. Edited excerpts.
Ecom Express, the second-largest e-commerce logistics firm in India after Delhivery, believes there isn’t a let-up in e-commerce demand within the nation. The sector continues to be poised for greater than 30% compounded annual progress fee (CAGR) a minimum of over the following decade. Globally, e-commerce is a excessive customer-concentration business dominated by gamers like Amazon within the US and Alibaba in China. However, what works properly for the India market is the
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