Information Technology (IT) has transformed the way people transact in their daily life. Companies have set up innovative system for taking customer order; facilitate payments, collection of marketing data, customer service and online feedback through the use of Integrated IT management tools. These activities collectively form what we call as e-commerce or Internet commerce. India’s internet user base is estimated to be around 250.2 Million by June 2014. India’s e-commerce market was worth about $3.8 Billion in 2009, it went up to $12.6 Billion in the year 2013. India with more than 3000 tech and digital start-up’s is considered to be fourth largest base across the globe. Capital investment, acquisition and growth all are happening in Indian market makes India a very lucrative destination for start-ups. According to Mohandas Pai a former director of Infosys and a prominent investor backing new technology ventures “Almost every day a new startup keeps coming up here”.

Information Technology (IT) has transformed the way people transact in their daily life. Companies have set up innovative system for taking customer order; facilitate payments, collection of marketing data, customer service and online feedback through the use of Integrated IT management tools. These activities collectively form what we call as e-commerce or Internet commerce. India’s internet user base is estimated to be around 250.2 Million by June 2014. India’s e-commerce market was worth about $3.8 Billion in 2009, it went up to $12.6 Billion in the year 2013. India with more than 3000 tech and digital start-up’s is considered to be fourth largest base across the globe. Capital investment, acquisition and growth all are happening in Indian market makes India a very lucrative destination for start-ups. According to Mohandas Pai a former director of Infosys and a prominent investor backing new technology ventures “Almost every day a new startup keeps coming up here”.

  • Wellness Industry comprises of following five segments

(FICCI)

S. No. Segment Product Services
1 Beauty service and cosmetic product Skincare, haircare Salon and beauty centers

Cosmetic treatment(GetMyLooks)

2 Fitness and cosmetic product Fitness equipment

Slimming product

Fitness center

Slimming center

3 Nutrition Health and wellness food beverages

Dietary supplements

 
4 Alternate therapy Ayurveda, homeopathy  
5 Rejuvenation   Spa

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Business Frontiers is a Business and Technology blog, with special focus on how technology transforms users, business, and society. We post articles for providing knowledge to professionals trying to coexist with the fast changing technology ecosystem.

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