E-Commerce & Innovation Led Financial Facilitators Drive Key markets in India, Leadership Conclave 12

E-Commerce & Innovation Led Financial Facilitators Drive Key markets in India, Leadership Conclave 12
E-Billing Solutions , Itz Cash Card, Jasper Infotech & STAR CJ Network are top contenders for India’s Most Valuable E-Commerce Company of the year at 3rd Annual India Leadership Conclave & Awards 2012
Maharashtra, Mumbai, 7th March 2012: If the two outgoing decades of 90’s & 2000’s were the decades of free economy, increasing trade, industry, commerce & exposure to globalization, clearly the decade of 2010 & the ongoing decade is the decade of internet revolution & the power of digital revolution marked by innovation in trade through e-commerce & corporate branding through smart cards, pay coupons & credit cards. It is no wonder that the entry of large number of players in the internet market & E-commerce has increased abysmally & instead of shopping in physical cash, the customers of today’s world have shown great degree of interest in booking their items, goods through the E-Commerce Companies. Influenced primarily by the west & European market, India has embraced the market of E-Commerce in a big way & many players have been successful in widening their markets & customers. Lately the shopping of goods on Television has generated great degree of curiosity as well. Fuelled by the sustained growth of the online travel industry, the Indian e-commerce market will gallop at an impressive growth rate of 47 per cent to over Rs 46,000 crore in the 2011 . This growth is primarily driven by the online travel industry, which contributes 76 per cent to the total net commerce industry in India today. Comprising about 81 per cent of the total e-commerce in the country, the online travel market, which includes booking rail and air tickets, hotel accommodations and tour packages, is estimated to grow by 50 per cent and touch Rs 37,890 crore by December, 2011. In the travel portfolio, which was worth Rs 14,953 crore in 2009, domestic air travel contributed 63 per cent, followed by railway tickets (28 per cent). Others, such as international air travel (Rs 548 crore), hotel bookings (Rs 308 crore), bus tickets (Rs 294 crore), tour packages (Rs 86 crore) and travel insurance (Rs 52 crore), contributed the balance 9 per cent of the total online travel market.Another area that has shown significant growth is the financial services market, such as online insurance payments and transactions through trading accounts, which grew from Rs 1540 crore to an estimated Rs 2,000 crore during the one-year period ending December, 2010. Comprising 8 per cent of the e-commerce market, this sector is expected to grow by 34 per cent and touch Rs 2,650 crore this calendar year. E-tailing, which includes purchases of durable products such as electronic items, home and kitchen appliances, as well as personal items like apparels and jewellery, constitutes 8 per cent of the overall e-commerce market in the country
In the light of the the above background, 3rd Annual India Leadership Conclave’s Indian Affairs Business Leadership Awards 2012 added a new category in its list for India’s Most Valuable E-Commerce Company of the year with the four major players operating in the Indian market such as E-Billing Solutions , Itz Cash Card, Jasper Infotech & STAR CJ Network for the coveted market. Coinciding with the theme Brand India : The Emerging Super Power, Indian Affairs Business Leadership Awards will felicitate one of its four contender who are nominees for the coveted Award on Friday, 6th April at Hotel Lalit, Bengaluru, India in a star-studded glittering award night.
EBS is a pioneer to associate with multiple acquiring Banks for providing Payment Gateway services to offer Master, Visa, Diners, Net banking & Cash Card brands on a single platform. EBS is the first Indian merchant account provider to achieve the PCI DSS 1.1 Standards of Compliance. EBS is one of the Fastest Growing Online Payments Processing Company in India with a Client Base of 4000+ Merchants offering 60+ Different Payment Options for Customers to pay online. EBS has played its role to further E-commerce in India by enabling Merchants to accept Fast, Secure & Swift online payments via Multiple payment channels such as Credit Cards, Debit Cards, Net-Banking, Cash Cards, etc to process Domestic & International transactions via a Singe Point - Easy to use System to Manage & Reconcile payments, processed to Merchant's own Bank Account. It specialties in E-Commerce, Payment Gateway, Online Payment processing, Risk Management Systems
Launched in 2005, Itz Cash Card Ltd., is India’s first ever “Multi Service Prepaid Card company” and the leader in this sector. Introduced by the highly diversified Essel Group – a business conglomerate, having businesses in Media and Entertainment, (Zee Network), Tourism and Amusement, (Essel world & Water Kingdom), Packaging, (Essel Propack), Publishing(DNA), and Satellite entertainment (Dish TV). ItzCash is another successful venture that has innovated the entire paradigm of payment solutions across the web and the mobile. ItzCash Card offers a portfolio of customized e-commerce and m-commerce solutions in the B2B & B2C space. The company was founded in 2005 and is based in Mumbai, India. ItzCash Card Ltd. operates as a subsidiary of Intrex India, Ltd.
Jasper Infotech Pvt. Ltd., a marketing company, provides multi-channel direct marketing solutions to clients in consumer products, financial services, technology and telecom, consumer durables, and retail industries in India. The company offers consumer promotion programs, including loyalty and reward program execution, samples promotion, and coupon management programs; and marketing program management services, including procurement and vendor management, print management, portal development, customer support, and reporting and analytics services. SnapDeal.com, an e-commerce platform that provides discount vouchers at dining restaurants, movie tickets, and shopping at beauty and health packages, lifestyle products, travel, and entertainment. The company was founded in 2007 and is based in New Delhi, India.
STAR CJ Network India Pvt. Ltd. is a venture of Star Television (Asia’s largest broadcaster) & CJ O’Shopping South Korea. It is India’s New Age Home Shopping Destination wherein you can buy Mobile Phone, Digital Camera, Shoes, DVD Players, LCD TV, Electronics, Apparels, Beauty Products, Ethnic Wear, Home Appliance and many more products at an affordable price. STAR CJ Network India Pvt. Ltd. (STAR CJ) is a joint venture between STAR Asia and the South Korean home shopping major, CJ O Shopping Co. Ltd. Backed by the creative insights of STAR and the domain leadership of CJ O Shopping, STAR CJ has launched a 24x7 home shopping channel called STAR CJ Alive to further increase its outreach to viewers and to provide the viewers unparalleled service and convenience of shopping from the comfort of their homes.
The Award ceremony will be held in Bengaluru, On Friday, 6th April at Hotel Lalit, India & India’s Most Valuable E-Commerce Company of the year at 3rd Annual India Leadership Conclave & Awards 2012 will be declared