CLOUDTAIL INDIA PRIVATE LIMITED: BUSINESSES WITNESS RAPID GROWTH BY LEVERAGING ONLINE RETAIL CHANNELS The pandemic has rewritten the rules of retail and many vendors have shifted to online retailing channels to sell their products. The ever-growing universe of online retail has also opened a window of opportunity for 51 percent of Indian MSMEs who are located in smaller towns and cities. Additionally, with the ever-growing online penetration, small vendors, and businessmen with niche products as well can now reach out to a large audience online. Three such vendors, India Furnish, Lifelong, and Vishnu Image Folio have leveraged the online retailing route and witnessed rapid growth and scale in their business. India Furnish, a home decor and furnishing company, sold its products directly on e-commerce platforms. However, in the last 5 months, it started selling its products through Cloudtail, one of the key online retailers in India, and has witnessed rapid growth in business since then. Sumit Sahay, CEO, Cloudtail, said, “At Cloudtail, we aspire to be the partner that vendors seek to scale their businesses with. In a changing landscape, there are endless opportunities for vendors to improve their business models and adopt new ways of doing business. Cloudtail is committed to redefining online retail by filling selection gaps and providing the best value proposition to customers in partnership with thousands of vendors. We have more than 700 registered MSMEs on Cloudtail and are happy to help businesses like India Furnish, Lifelong and Vishnu Image Folio grow and flourish.” According to various reports, India’s Micro, Small, and Medium Enterprises (MSMEs) base is the largest in the world after China. The #AatmanirbharBharat and #vocalforlocal movements gaining more traction in the country. This is giving Indian businesses the much-needed push and without any doubt, the Indian e-commerce sector is sure to have brighter horizons.
Read more here https://thenewsstrike.com/businesses-witness-rapid-growth-by-leveraging-onlineretail-channels/ Also read – https://www.instahyre.com/jobs-at-cloudtail-india/ https://www.tofler.in/cloudtail-india-private-limited/company/U51909DL2011PTC225840