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[Funding News] Shiprocket Secures $12 Billion E Commerce Opportunity for MSMEs in the Festive Season

  • The festive eCommerce market in India is expected to exceed $12 billion in the months of October through December of 2024.
  • There has been a significant 23% rise compared to $9.7 billion in 2023.
  • Consumer demand in sectors such as fashion, electronics, cosmetics, and personal care is driving the growth.
  • Non-metropolitan areas are expected to account for about 60% of online festive orders.

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