Mumbai, 23rd January, 2024: Unicommerce, one of India’s leading e-commerce enablement SaaS platforms, successfully concluded the 5th edition of its business-centric event, e-Kumbh, in Mumbai today. This event served as a knowledge-sharing platform tailored for ecommerce enthusiasts, including regional brands, retailers, and technology enablers. The event drew the participation of over 400 businesses, spanning online sellers, direct-to-consumer (D2C) brands, and traditional retail enterprises from across the state’s business landscape.
With a focus on equipping businesses with the right knowledge on ecommerce technology solutions, Unicommerce organizes eKumbh across different parts of the country. The previous editions of the event took place in Bangalore, Ludhiana, Jaipur and Surat.
Businesses from the diverse parts of Maharashtra convened at the event to explore a spectrum of technologies aimed at enhancing and expanding their operational capabilities. e-Kumbh served as a pivotal hub for the exploration of various technologies that can elevate their business operations.
During this intensive one-day event, influential figures from the e-commerce and retail-tech sectors shared invaluable insights on crucial topics such as seamless & error-free backend operations to uplift post-purchase experience, transition from conventional to e-commerce supply chain, along with discussions on building a sustainable D2C brand etc. The event also facilitated a standalone session on growing your business by Amazon Global Selling.
e-Kumbh Mumbai, capitalizing on the robust potential within the city’s e-commerce ecosystem, emerged as a strategic forum. It invited businesses to actively engage in discussions concerning the growth of e-commerce technology and explore the myriad opportunities within the dynamic market of the state. The event not only showcased the current state of the industry but also strengthened the position of Maharashtra as a thriving hub for innovative e-commerce solutions and business expansion.
Speaking on the success of e-Kumbh Mumbai, Kapil Makhija, MD & CEO of Unicommerce, said, “In the bustling business hub of Mumbai, a hotbed for entrepreneurial innovation, the demand for advanced e-commerce technology has reached unprecedented heights. As we navigate this dynamic landscape, events like eKumbh play a pivotal role in fostering collaboration, knowledge sharing, and innovation, particularly for our sellers and the burgeoning Direct-to-Consumer (D2C) community.
Present at the event, Parth Ved, Head of Operations, Nua Woman said, “At e-Kumbh Mumbai, orchestrated by Unicommerce, Nua Woman, a trailblazer in the femtech space, found unparalleled relevance. Engaging with D2C visionaries and e-commerce experts, we explored crucial themes. The event truly helped with insights on establishing a robust brand identity, connecting with the target audience, and laying the groundwork for long-term success in the direct-to-consumer market.”
Nishant Jhunjhunjwala, Co-Founder of Foresta Orginics shared, “We are thrilled to embark on a transformative journey of collaboration and ideation. At e-Kumbh, we unite minds and passions in a vibrant convergence of D2C innovators, e-commerce trailblazers, and visionary service providers. It was a dynamic platform where insights flew, strategies emerged, and collaborations flourished with insightful discussions on pivotal subjects like D2C strategies, Customer Experience, Post-Purchase Management, and Personalization, shaping the future of our industries.”
Unicommerce is India’s largest e-commerce enablement SaaS platform in the transaction processing layer, in terms of revenue for the financial year concluded March 2022. Its comprehensive product suite allows businesses to effectively manage the entire post-purchase e-commerce operations. The company has a consistently growing client base, Annual Recurring Revenue (ARR), and revenue growth. As of quarter ending September 2023, Unicommerce has achieved a 750 million+ Annual Transaction run-rate, serving over 350 customers, managing 8000+ warehouses, and processing orders from 1900+ stores through its platform.–
“Unicommerce eSolutions Limited is proposing, subject to receipt of requisite approvals, market conditions and other considerations, to make an initial public offer of its equity shares and has filed a draft red herring prospectus (“DRHP”) with the Securities and Exchange Board of India. The DRHP is available on the websites of the Company at www.unicommerce.com, SEBI at www.sebi.gov.in as well as on the website of the book running lead managers, IIFL Securities Limited and CLSA India Private Limited at www.iiflcap.com and www.india.clsa.com, respectively. Investors should note that investment in equity shares involves a high degree of risk. For details, potential investors should refer to the DRHP, including the section titled “Risk Factors”. Potential investors should not rely on the DRHP-I for any investment decision.”