India's Entrepreneurial Ecosystem Turns Vibrant
By SiliconIndia
When it comes to fashionista, 99labels.com is also one such name which is listed in the list of hottest startups in India. Started in 2010, the company offers wide varieties of fashion wear, jewelries and other related products at very cheap rates. Currently the company’s worth is in crores.
The startups are also emerging in the field of retails and consumer products. Inkfruit is an online shopping store for t-shirts and other related products with innovative designs. Presently, Inkfruit owns around 35 retail stores in India.
Social Blood is one startup that has come up for providing its services to humanity; it provides a network for the blood donors and the recipients of the same blood group. Founded in 2011 by Kartik Naralasetty, the company has registered for thousands of budding recipients and donors.
“Socilablood” is a great example of what possible with a big vision to change the world and relentless pursuit of the vision. This initiative helps solve a critical, real world problem by seeking solutions from the growing online community,” says Kirthiga Reddy, Director of Operations Facebook India, reports Socialblood.
According to a report by The Times of India, Amazon.com is looking in Indian markets in search of startups in tech and internet to enhance its local ecosystem.
According to the estimates made by a Forrester report, India’s e-commerce market is expected to hit $8.8 billion in 2016.
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