The seller-centric platform introduced its worldwide fulfilment services in 2021. With the growing number of mobile and internet users across the country, the eCommerce market is clearly gaining increasing acceptance among the masses.” Founded in 2018 by Yash Jain, Co-founder & CEO, and Rajeev Pratap, Co-founder & COO, NimbusPost is an automated shipping platform to assist SMEs and large enterprises in managing flawless deliveries across India and international locations. In their words, “Enhanced accessibility of D2C platforms and eCommerce brands has led to the growth in sales number. Yash Jain, the Co-founder & CEO of NimbusPost suggests that this year’s festive sales were dominated by home appliances, electronic items, apparel, and different gift items, mainly in tier 1 and tier 2 markets. As NimbusPost reported a growth of over 300% in associated eCommerce sellers, the company’s founders highlight the key reasons for such growth in 2021. As estimated, the eCommerce firms reported a jump in demand from tier two cities. Reasons for growing sales during festivals This year, the sales during the festive season were expected to grow at 23% and touch about 9 billion gross GMV. With festivals lined up one after another, the prominent market demand has driven record-breaking sales for the D2C/eCommerce industry, which is expected to grow even higher. Though people in India celebrate a festival almost every month, the major festive season commences with Raksha Bandhan in August and ends with Holi in March. However, this year’s festive sales have surpassed everyone’s expectations. A report by YouGov stated that as compared to 2020, Diwali spending is recovering well in 2021, but may not recover fully. As per its recent report, New Delhi, Bengaluru, and Mumbai were the top cities with the highest number of orders delivered. The company now serves over 40,000 sellers as compared to 10,000+ sellers last year. NimbusPost’s festive season report reveals that the company observed growth of over 300% in eCommerce sellers. The logistics company’s latest report highlights different phases like the spike in vendor numbers across India, the cities with the highest number of online orders, and more. NimbusPost, a rapidly growing tech-enabled shipping aggregator has registered a record-high growth in the number of D2C/eCommerce sellers during this year’s festive season. A reliable logistics partner can play a significant role in establishing a brand’s name among its customers by always fulfilling the orders safely and on time. At this point, technologically advanced logistics partners like NimbusPost come into play. How are the demands fulfilled? With constantly growing industry demand, the need to fulfil the orders timely increases too. The substantial difference between both numbers shows that eCommerce in India has become more mainstream than ever. eCommerce sales in India during the first week of the festive season in 2019 amounted to 190 billion Indian rupees which increased to 290 billion Indian rupees in 2020. Besides that, multiple sales are held around Dussehra and Diwali, which are the primary reason for the exponential growth of the D2C brands/eCommerce sellers in the country. The Indian eCommerce sector scaled significantly as a large number of physical stores shifted to digital space during the first wave of Covid-19 in the country.
The number has grown remarkably from last year’s sales worth 35000 crores.
According to a report by RedSeer, this year’s eCommerce festive season sale delivered about 58,000 crores worth of gross sales.
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Yash Jain, Co-founder & CEO, and Rajeev Pratap, Co-founder & COO, NimbusPostIndia’s festive season is in full swing despite the pandemic’s large-scale disruption over the past two years.
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