B2B E-Commerce co.s To Scale Back Market Penetration After Becoming Profitable
10 months, 1 week ago

B2B E-Commerce co.s To Scale Back Market Penetration After Becoming Profitable

Deccan Chronicle  

Chennai: The funding winter in the start-up space had made B2B e-commerce companies to focus on profitability and this in turn has led to scale back in their penetration. The 2019-2021 period, known as the 'Goldilocks Years,' heralded an era of rapid, exponential growth, propelled by a surge in private capital investment and Covid-induced disruptions of supply chains, finds RedSeer Consultancy. This change led to major eB2B firms either scaling back operations in unprofitable pin codes or ceasing operations altogether, resulting in a drop in buyer penetration from about 25 per cent in 2021 to 12-15 per cent in 2023. Looking forward, buyer penetration can potentially triple from 12-15 per cent currently to 35-45 per cent by 2030.

Growth Market Penetration B2B  growth  market  penetration  cent  redseer  companies  eb2b  profitable  cos  shift  scale  ecommerce  b2b  supply  buyer

History of this topic

B2B Start-Up Udaan Raises $250 Million Via Convertible Note And Debt
2 years, 11 months ago

B2B Start-Up Udaan Raises $250 Million Via Convertible Note And Debt

ABP News  

New Delhi: India’s largest business-to-business e-commerce platform Udaan has raised $250 million through convertible note and debt, according to a report published in Business Standard. The Bengaluru-based firm has raised $200 million via convertible note and an additional $50 million as debt, said Udaan’s Chief Financial Officer Aditya Pande. “We are excited and glad to share that we have five …

B2B players sense a window of chance
4 years, 4 months ago

B2B players sense a window of chance

Live Mint  

A week before India announced a nationwide lockdown on 24 March, Samarth Agrawal and Rohit Narang, founders of MaxWholesale, an e-commerce platform that sells food and grocery products to kirana stores, had an inkling that harsh containment measures were likely to be announced in light of the rising cases of covid-19. Within weeks, though, MaxWholesale had become the default go-between …

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