Eunimart
Startup 360°|July 2017

Eunimart

Eunimart

EUNIMART IS ON A QUEST TO TRANSFORM Indian ONLINE SELLERS INTO WORLD LEADERS

Indian e-commerce market is very constricted, and with rising number of new entrants, the prospects for Indian online sellers is bleak. This has led sellers to step out of domestic boundaries and go international despite the fact that it is not a cakewalk to trade internationally. From curtailing the hassles of appropriate marketplace selection to co-ordinating order and inventory, from tracking customs and duties to handling logistics and payments, international e-commerce enabler eunimart is redefining the scope of Indian online sellers in cross-border e-commerce.

Target market

Eunimart, the new buzzword in B2B cross-border e-commerce, is targeting the specific market which is expected to grow over US$ 1 trillion by the end of 2020 with a tremendous growth rate of 25% CAGR (as presented in a joint report by Paypal and Alibaba). The company has scaled up to a level today that was likely improbable a year back when it was started.

Eunimart now boasts partnerships with top-notch global online marketplaces like Lazada, Linio, Priceminister, CDiscount, Amazon, ebay, etsy, Bonanza, Zilingo, Wish, Jumia, Souq and many more. The company has to its name over 2,000 registered sellers who are experiencing a progressive growth in the international arena. Possessing a strong portfolio of 200,000 product SKus has helped the startup acquire increased number of sellers by far. The startup is associated with multiple manufacturers and retailers with a GMV of over iNR 10 million. This buzz has triggered Indian brands with annual GMV of over Inr 30 million (from online and offline channels) to seek global expansion.

COMPANY PROFILE

This story is from the July 2017 edition of Startup 360°.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.

This story is from the July 2017 edition of Startup 360°.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.