Sundeep Malhotra, Founder & CEO, Homeshop18 Honoured 'Retail Entrepreneur Of The Year' By Star Retailer
Sundeep Malhotra, Founder & CEO, Homeshop18 was honoured at the Star Retailer Awards 2012 as the 'Retail Entrepreneur of the Year' for setting a benchmark in the Indian retail industry.
- (1888PressRelease) November 10, 2012 - New Delhi : Under his leadership Homeshop18 has become a strong virtual shopping brand (TV & e commerce) for shoppers across the country.
Star Retailer, Asia`s Biggest Franchise & Retail Awards, felicitates Sundeep Malhotra for his immense contribution to virtual retail sector in India.
The 7th season of Star Retailer awards saw participation from over 150 brands across independent entrepreneurial retailers to the largest supermarket groups.
Sundeep Malhotra, a veteran in the retail sector, has 20 years of retail and FMCG experience. He established the home shopping business in India in 2008 when virtual shopping was a rare concept.Building on the idea, literally from scratch, Sundeep made HomeShop18 a well known shopping brand in 3000 cities across India with an impressive portfolio of over 12 million products across multiple categories. In 2011 under his leadership Homeshop18 launched the online shopping site, Homeshop18.com to extend the virtual shopping experience to a growing internet population. Today, HomeShop18 is a strong player across TV and online.
The early success in terms of rapid consumer acquisition, expanding product portfolio and very high repeat users has imparted Homeshop18 with an edge over new entrants in this space. Sundeep's resilient vision and leadership has led team HomeShop18 to a phenomenal growth. Such immense contribution in the virtual retail business, made Sundeep Malhotra, an apparent preference for the 'Retail entrepreneur of the Year' Award.
Prior to Homeshop18, Sundeep was the Executive Vice President, Sales, for Pepsico Holding India. Earlier to Pepsi he had a 5 years stint with Benetton India as their Head Sales and Marketing for the Indian Sub-continent and a 10 year stint with Bata India Ltd, across various function from Brand Management to Retail Head. His unmatchable dedication in the Retail industry has earlier also recognized him with prestigious awards like Award for Brand Excellence (Internet business) at World Brand Congress 2011, Industry Leadership Award at Asian Leadership Awards 2011, eRetailer of the Year and Innovation in Delivery Award (Special Category) at Indian eRetail Awards 2012, Retail Leadership Award at Asia Retail Congress, and much more coveted awards are endowed to him.
About HomeShop18
HomeShop18 is India's first comprehensive virtual retail business, selling credible brands to customers nationally, operating in a multimedia environment including Internet, TV and via mobile.
Started in 2011, HomeShop18.com is the e-commerce arm which is setting a benchmark in the ecommerce industry by offering innovative, differentiated and demonstrative retail experiences on the Internet. HomeShop18.com emerged as one of the largest e-commerce companies in India with a monthly reach of over 4.6 million unique visitors (ComScore Data, September 2012) a 112% increase year on year.
As a pioneering player in the space, HomeShop18 changed the way Indians shop by launching India's first 24 hour Home Shopping TV channel in 2008. Today, HomeShop18 reaches a strong loyal customer base of 100 million+ consumers and 20 million+ households in a week with an impressive portfolio of over 12 million products across multiple categories and a logistical reach of over 3000 locations across India.
HomeShop18 strives to provide high quality products at exceptional value to consumers through innovative, differentiated and demonstrative retail experiences on Internet, TV and mobile. From the stage of product selection, to placing the order & all the way to the final delivery at your doorstep - an experience that you can depend upon! Great products & established brands, multiple payment options and time bound delivery - HomeShop18 is committed to building a credible proposition for both the consumer & its partners.
For details on HomeShop18 shows and its various products, customers can call 1800-1800-918 or they can log on to www.homeshop18.com and check exciting offers.
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