Mon. Apr 22nd, 2024

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New Delhi, 26 February 2024: Unicommerce, one of India’s leading e-commerce enablement SaaS platforms, successfully concluded the 6th edition of its business-centric event, e-Kumbh, in New Delhi last Saturday, February 24th. 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 of ecommerce technology solutions, Unicommerce organizes eKumbh across different parts of the country. The previous editions of the event took place in Mumbai, Bangalore, Ludhiana, Jaipur, and Surat.

Businesses from diverse parts of the national capital region 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, leveraging technology to boost sales, along with discussions on building a sustainable D2C brand, etc.

e-Kumbh Delhi, capitalizing on the robust potential within the region’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 region. The event not only showcased the current state of the industry but also strengthened the position of the National Capital Region as a thriving hub for innovative e-commerce solutions and business expansion.

Speaking on the success of e-Kumbh Delhi, Kapil Makhija, MD & CEO of Unicommerce, said, “Amidst the vibrant business landscape of Delhi, renowned for its entrepreneurial spirit, the need for cutting-edge e-commerce technology has surged to unprecedented levels. Within this ever-evolving environment, events such as eKumbh are instrumental in promoting collaboration, exchanging knowledge, and driving innovation, especially for our sellers and the growing Direct-to-Consumer (D2C) community.”

Present at the event, Chaitanya Malhotra, Co-founder & CEO, Kalakaram, “At eKumbh Delhi, organized by Unicommerce, Kalakaram, a pioneer in kid’s educational toys, discovered unmatched significance. Collaborating with D2C innovators and e-commerce specialists, we delved into vital topics. The event provided invaluable perspectives on building a strong brand presence, engaging with the desired demographic, and setting the foundation for sustained success in the direct-to-consumer sector.”

Nitin Bhatia, Founder of Trend Arrest shared, “eKumbh Delhi brought together D2C innovators, e-commerce pioneers, and forward-thinking service providers for a lively exchange of ideas. It served as a dynamic platform where insights were shared, strategies developed, and partnerships forged through insightful discussions on crucial topics such as 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 the quarter ending September 2023, Unicommerce has achieved a 750 million+ Annual Transaction run-rate, serving over 3500 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”.

By team

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