By end of 2017 India will have 1 to 2 millions of online retail sellers, but there is a huge gap for the source of the products for this 1 to million sellers. Currently every seller is selling the same quality and kind of products with competive price with less margin. Though the source of the products are limited the retail price of the products are also compative.
Milmila.com is taking the initiative to solve the sourcing problem for the SME retail sellers for online and offline market.
Currently India’s 5% of the retail industry is online, but there is a huge opportunity for the 95% offline retailers to go online day by day in next 3-5 years of time, and that is only possible while the sourcing for the wholesale goods will be solved.