With 100 million Internet users, India is a very lucrative market for retailers and they are vying for the customer's attention with the widest range of products. The spurt in the number of e-commerce websites and foraying of global players such as Amazon is all set to increase the competition in the space.
With over 15 million users and about 1,000 employees, eCommerce major Snapdeal plans to increase its headcount over the next six months by adding 500 people. The addition in manpower will be done in the areas of engineering and analytics. Further the company is likely to invest approximately $20 million this year on organic and inorganic growth routes.
Source: The Economic Times