India's D2C Market Potential Shines At D2C Insider Omni Channel Summit 2023
D2C Insider recently concluded the D2C Insider Omni Channel Summit 2023 on 9 September 2023, in Mumbai. The event witnessed the participation of more than 250 D2C business founders, including notable figures like Anupam Mittal of Shaadi.com, Manish Taneja of Purplle.com, Aarti Gill of Oziva, Aditya Sharma of The Souled Store, and many others. The summit featured seven workshops aimed at imparting valuable operational knowledge and sharing experiences related to scaling and sustaining businesses in India's highly competitive D2C ecosystem.
With an existing base of over 190 million online shoppers and a consistent influx of millions of new customers annually, India's D2C market offers significant advantages. D2C brands have witnessed an impressive year-on-year growth rate of 91 per cent from FY 21 to FY 22, and these companies received a total funding of over 1.5 billion dollars last year. This highlights the immense potential for companies that adopt an omnichannel D2C approach.
Speaking about this, Abhishek Shah, Founding Team, D2C Insider, said, “D2C Insider has rapidly grown to become the voice of the industry, and our aim is to boost the overall growth of the sector. D2C companies are contributing billions of dollars to the national GDP, and generated more than 20,000 jobs last year. We believe this is still the tip of the iceberg, and there is incredible potential that we can harness through Insider learnings, collaborations.”
Talking about the Omni Channel Summit, Anupam Mittal, Founder of Shaadi.com said, "The impact of D2C Insider is nothing short of transformational. D2C Insider as a community saves a lot of time of entrepreneurs by giving them access to other entrepreneurs' knowledge and connects at large. The omnichannel event is brilliant one for entrepreneurs in the 0-1 space, looking to grow and understand marketing, logistics and other aspects via workshops and panel discussions.”
The 2023 Summit also featured a 3-hour Pitchathon during which more than 20 D2C investors assessed pitches from various startups. The victorious startups were awarded growth packages to help them expand their businesses. In summary, the event proved to be a resounding success, marking the largest gathering of its kind in India's D2C landscape to date.
Adding further, Shruti Agarwal, Founding Team, D2C Insider said, "The Indian D2C ecosystem is rapidly growing, and the need of the hour is to foster collaborations, knowledge exchange, funding support as well as building a closely knit D2C community. This is where highly impactful workshops on topics such as getting better outcomes through content marketing, increasing conversions and customer satisfaction were held in this year’s Summit. Judging by the feedback of the participants, the event has been a fantastic experience for all stakeholders.”
Kshitij Ladia, Founding Team, D2C Insider, said, "The D2C Insider Women was a testament to the surging potency of D2C brands in India. We've not just met, but exceeded anticipations, sculpting a vibrant arena for entrepreneurs to cultivate powerful alliances and harvest game-changing insights.”
