CommerceIQ is known as the platform of choice for the world’s largest brands including Johnson & Johnson, Kellogg’s, Bayer, and Nestle, driving their e-commerce growth towards a post-pandemic world.
CommerceIQ, the leading e-commerce management platform provider has closed a record-breaking first half of 2021 on the heels of its Series C funding, achieving a significant 267% year-over-year revenue increase, a 50% boost in headcount across India, and industry recognition from various prominent sources.
These milestones follow a year of continued rapid growth on indirect marketplaces like Amazon and Walmart where, globally 85% of all e-commerce happens. CommerceIQ is known as the platform of choice for the world’s largest brands including Johnson & Johnson, Kellogg’s, Bayer, and Nestle, driving their e-commerce growth towards a post-pandemic world.
“This year we kicked things off on all cylinders and the results speak for themselves. I couldn’t be more proud of our team and impressed by our customers who are the real heroes of e-commerce, translating CommerceIQ’s vision into phenomenal business results,” said Guru Hariharan, CEO of CommerceIQ. “We now have a full tank of gas to expand our global footprint, and help leading brands capitalize on the tremendous e-commerce opportunity. We are honored to have earned the trust from our customers and to have received recognition from the industry at large as we continue to push the boundaries of e-commerce innovation.”
Speaking on this achievement, Prasun Kumar – VP Engineering & Head of India Operations, CommerceIQ said, ‘It’s a milestone moment for us. Our India team has been instrumental in creating technology that is changing the face of e-commerce in the world. In India, our workforce has grown significantly in the last six months, with the majority of hiring happening across departments like engineering, analytics, data sciences, product and operations. Along with being the global hub for technology and the presence of world-class talent, in the next two years, we also expect India to be a cornerstone of our future market expansion into the broader region. ”
Source: Business World