MAY 20174T he Indian retail industry has emerged as one of the most dynamic and fast-paced industries due to the entry of several new players. From relative obscurity to a potential game changer in a matter of just few years, retail has not only captured a larger share of mind space; it has been grabbing market share rapidly. Flipkart, one of the largest online retailers in India, grew five times in volume of products sold between 2013 and 2014. Snapdeal, another large player, is reported to have grown six times in the same period. Evidently, as India's eCommerce and more importantly, the country's m-commerce space continues to grow at an unprecedented pace, the primary focus of new startups in the industry now appears to be shifting towards one key aspect ­ personalization, and for good reason. A host of startups is helping retailers get a web presence, build their brand and make more money. To help retailers bridge the gap between digital and physical commerce, and keep up with eCommerce competitors, dozens of startups are developing in-store technology ranging from augmented reality displays, to Wi-Fi-based signals that collect data on shopper behavior. Many of them are focusing on optimizing existing store operations with the injection of cloud-based software and mobile apps, helping retailers manage things like employee scheduling, mobile payments, coupons, and shelf stocking.Observing the same, we have featured `10 Best Startups in Retail Services' in our current edition. These startups deliver innovative and cutting-edge technologies and have attracted the eyeballs of global players and investors too. We also recommend to read our cover story on SHOPX, a Bangalore based company that aims to provide access to eCommerce (as against the current 50 million active internet buyer base) through its retailer network. Do let us know your thoughts.Nandini MukherjeeManaging EditorThe Dawn of a New Retail Era with Startups EDITOR'S NOTE Vol 2 · Issue 12-2 · May - 25, 2017 Publisher Alok Chaturvedi Managing Editor Nandini Mukherjee Editorial Team Amit Raja Naik Ananth. V Pooja Devi Shefali Mathur Tashi Sangmo Prisila Deepshikha Singh Sales & Marketing Ashu Sethi Pradeep Kumar Dalai Editorial Queries editor@startupcity.com To subscribe Visit www.startupcity.com/subscribe Cover price is Rs. 150 per issue.Printed and Published By Alok Chaturvedi on behalf of Siliconmedia Technologies Pvt Ltd and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017. Editor Alok ChaturvediCopyright © 2017 SiliconMedia Technologies Pvt Ltd, All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.sales@startupcity.comGroup Art Director Ashok KumarCirculation Manager Magendran Perumal Sr .Visualiser Maitreyee Visualiser Vimalraj M Sheethal M S Sr. Manager Sales & Marketing Amrit Singhsiliconindiasiliconindia
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