LEADING ecommerce platform Shopify announces its entry into Indian market with SingTel


Harley Finkelstein, Chief Platform Officer, Shopify and Brennan Loh, Head of Business Development, Shopify.

Chandigarh, June 24, 2013:  Shopify, (http://www.shopify.in) the leading ecommerce platform used to create and power online stores, announced today their entry into the e-commerce market space in India in partnership with SingTel, Asia’s leading communications group. Available from Rs. 750 per month, the solution is an easy and affordable way for individuals and small business to set up beautiful online shops within minutes, and accept secure credit card payments for goods and services. Shopify is successfully operating in over 100 countries and powers over 50,000 online stores with annual sales exceeding $1.5B USD.

With Shopify's web-based solution, storefronts can be set up and ready for business with just a few clicks of the mouse. Merchants can customize their storefronts, keep track of orders and manage customer data via a web browser. The platform provides features such as hosting, beautifully designed templates, a web dashboard to manage products and orders, a secure shopping cart, SEO tools, 24 hours customer service support, mobile optimized stores, and an iOS app which offers merchants the convenience of managing their business while on-the-go.

In India, Shopify aims to reach out to new entrepreneurs who want to build their business online, established businesses that want to improve their stores with a stronger focus on branding, and brick-and-mortar retailers who want to take their products online. 

Customers in India can enjoy the following features: 

·         Shopify apps that help merchants extend the functionality of their store, and market their business online (e.g. referral apps, e-mail marketing apps, SEM services). 

·         Customer support to help with store set up.

·         The ability to collect online payments through their Shopify store. Shopify supports PayPal, DirecPay and PayU in India.  PayU conveniently accepts Visa/ Mastercard Credit Card and debit cards from more than 50 banks.

·         Free Advertising credits on Facebook and Google. 

·         Sign up to Shopify and enjoy attractive shipping rates in the coming months

 “We’re really excited to announce this partnership with SingTel,” said Harley Finkelstein, Shopify’s Chief Platform Officer. “We built Shopify to allow anyone with a product or a service to easily create beautiful and highly scalable online stores, at an affordable price. SingTel is the ideal partner for us, as we’re both focused on helping small businesses succeed in today’s global economy. Together, we can help millions of small businesses and individuals build profitable online shops.”

Loo Cheng Chuan, SingTel Group Digital Life’s Head of LocalL!fe, said: “SingTel is excited by the tremendous growth opportunities in the eCommerce market. By 2015, 35% of internet users in the Asia Pacific region will make purchases online, and 30% of these transactions will be performed on a mobile device.”

“Shopify is an affordable and fuss-free solution to help entrepreneurs in emerging markets expand their reach in Asia and beyond,” said Mr. Loo Cheng Chuan. “With more than 468 million mobile customers in 25 countries, SingTel is uniquely positioned to enable entrepreneurs to seize opportunities in the region.”

Shopify is an ecommerce platform that allows individuals and businesses to create awesome online stores. Shopify currently hosts over 50,000 active online retailers, including: Amnesty International, General Electric, Tesla Motors, LMFAO, Foo Fighters, Encyclopedia Britannica, Tata Group, Evisu Jeans, DODOcase, Penny Arcade, CrossFit, GitHub, Evernote, and Epic Meal Time. Shopify was founded in 2006 by two snowboarding enthusiasts who wanted to create a better way to sell their snowboards online. Shopify has received $22 million in Series A and B funding from Bessemer Venture Partners, FirstMark Capital, Felicis Ventures, and Georgian Partners.


Monday, June 24, 2013