The government’s announcement on allowing 100% FDI in e-commerce market place model will be beneficial to players like us as it will enable in focusing more on the innovation and business aspect. The clear definition by DIPP for ‘e-commerce’, ‘market place model’ and ‘inventory based model’ will help in organizing the ecosystem. Allsupermart being a market place player welcomes the government’s announcement as it will help us grow in many ways.
Amit Singh, Founder & CEO, Allsupermart.com
AllSuperMart was incorporated on 27th October, 2015 in a bid to create an organized ecosystem for local shop vendors to sell their products and services online. Headquartered in Mumbai, the company aims to develop an easier approach to utility and grocery shopping for consumers. It will also provide them with better shopping experience through local vendors on a virtual platform.
About Amit Singh:
Amit Singh is the CEO at AllSuperMart, an online marketplace where hyperlocal vendors can sell their products online and gain virtual presence. His chief responsibilities involve development and expansion of the business to accelerate its growth. His vision is to provide a unique shopping experience to customers from all walks of life, and in the process, achieve optimal customer satisfaction.