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Kraftly set to reach 250,000 sellers by FY19

Kraftly set to reach 250,000 sellers by FY19

Last Updated: Mar 31 2018 | 6:36 PM IST

New Delhi, March 31 (ANI): Leading seller tools platform Kraftly on Friday announced that it is poised to meet a remarkable milestone of reaching 250,000 sellers by the end of FY 2018-19. In doing so, the company will have showcased a Compound Annual Growth Rate (CAGR) of nearly 85 percent in terms of sellers on-boarded for the period between FY 2015-2016 and FY 2018-19. By simplifying the process of setting-up a store online, the company has promoted online product commerce amongst SMEs and entrepreneurs. The company's solutions help new and experienced sellers sell products online across multiple channels, which drive greater sales, sustainable success and empower their business and brand. With the recent launch of the Kraftly Ads Network to simplify paid digital promotions and online campaign building for sellers, Kraftly is fostering the innovation and modernisation of the Indian seller ecosystem. At the end of 2016, the company had just over 40,000 sellers on its platform; today,