Building Indias Leading ECommerce Company mjunction Takes a LEAP Saikat Chaudhuri
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The best place to begin is the customer – The customer is the heart and soul of any ecommerce business. To attract and retain a customer, an ecommerce business needs to listen to them, understand them, and act quickly. I, as the CEO of mjunction, began to listen to my customers. I listened to what they wanted, what they needed, what they didn’t want, and what they found annoying about other ecommerce businesses. I found out what my customers needed from a business that caters to their shopping needs. The
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It was a warm September afternoon in Mumbai, 2010, I was sitting in the backseat of a black Toyota Innova, heading to my friend’s house. In my head, I was busy with my laptop typing in the code for the new e-commerce portal for small and medium enterprises. But my mind was distracted by the sound of a voice asking the driver to stop at an open space outside. “Can we have a few minutes to think out of the box?” asked the voice. I jumped out of the
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In 2015, Saikat Chaudhuri founded mjunction, an online B2B marketplace, in India’s Silicon Valley, Bengaluru. He had seen the growth and demand of the B2C marketplace model in other countries like the U.S. But in India it remained inefficient and slow due to challenges such as legal hindrances, inadequate infrastructure, and lack of technological sophistication. As a former software engineer, Saikat knew that these issues could be overcome.
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“Mjunction” is an E-Commerce startup founded in 2008 by two young boys with big dreams: to build a leading eCommerce company that can make a difference in India. Today, mjunction stands tall with its 120+ employees and 3,000+ active storefronts. With a 10-month-old startup now turning 1, the company is at a crucial stage to grow and scale up its operations. The two co-founders Saikat Chaudhuri and
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“Making decisions is one of the most significant skills that you can develop as a leader.” ― Richard Branson. Mjunction is an Ecommerce marketing startup based out of Delhi, which is a leading player in the Indian e-commerce industry. Mjunction aims to provide the most effective way for entrepreneurs to engage with customers across their digital landscape. The startup has made it to the Forbes List of “Best Startups in India 2016” in the Business/Entrepreneurial category. Mj
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This is a brief overview of my experience, in my 5-year journey of founding mjunction, a leading eCommerce company in India. From 2011, I joined with my friends Amit Kumar and Rajesh Raghuvanshi to start mjunction – an e-commerce marketplace for online selling of different products. We were determined to build the top-performing e-commerce platform in India. At that time, e-commerce was still in its nascent stages, and many competitors were already operating.
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My firm, mjunction has made its place in the ecommerce world by offering an efficient, simple and user-friendly platform. We provide customized ecommerce websites to businesses of all sizes, in a wide variety of sectors. With years of experience, we have helped thousands of businesses achieve their dreams of an online presence. Our focus is on ensuring the online customer experience is hassle-free, convenient, personalized and seamless. One of our primary objectives is to provide our clients with a seamless and h
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Mjunction, India’s fastest-growing E-commerce platform started in 2009, with a vision to be India’s leading E-commerce company. At the time of its launch, mjunction was already the market leader, with around 75% market share. It was also a unicorn. However, the company faced a setback in 2016. hbs case study help They had signed a distribution deal with a large retailer, and then, suddenly, the retailer stopped paying for their services. Mj