India – The Gold Mine Of E-commerce Yet To Be Explored [Startup Infographics]

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Recent years have seen remarkable transformation in the way India shops and trades. The sector has grown significantly in last several years. Rise in online shopping sites like Flipkart, Snapdeal and entrance of global players like Amazon, eBay witnesses the rapid growth of online shopping in India.

Despite of growth in online shopping, out of $500 Billion market size in India most of it is being dominated by local shops and road side vendors. Nexhop did an extensive research on the online market in India and came up with the brilliant infographic which shows the in depth study of the Indian E-commerce space which still is a hidden gold mine and needs to be digged for better growth.

Indian E-commerce Markets Today

 For larger view click on the image

Surajit and Ashis are Entrepreneurs, Technologists and are avidly curious about the Human psychology. While they are not breaking the code or designing business cases in their Toronto office, they devote their time towards– "Nexhop" their entrepreneurial brainchild, which is scheduled to launch in India in mid 2015.