In a recent press release issued, Unicommerce, a SaaS platform for retail brands, stated that it plans to add over 1,000 businesses to its roster in the next five months and is on a target to post a 100 per cent year-over-year (YoY) growth in new client acquisition.The business already works with fashion brand Biba and skincare brand Wow Skin Science among others.
In the first half of FY ’23, the company onboarded more than 1800 online businesses, it said. This includes 200 enterprise accounts leading to a 75 per cent Y-o-Y increase in the retail SaaS major’s acquisition of enterprise clients.
It had added brands like Bestseller, Madame, Tom Tailor, Fabindia, Supper Bottoms, Marks & Spencer etc. Many more are testament to Unicommerce’s appeal and its rapid growth. The company is focused on building a deep-rooted presence in India and is working towards onboarding sellers from Tier-2 and Tier-3 cities of the country.
“We are building a sustainable business with a focus on growth and profitability as we continue to penetrate in India and international markets,” Kapil Makhija, CEO of the company said.
Unicommerce’s platform enables brands to enhance the post-purchase experience for end consumers and bring operational efficiency leading to cost optimisation. As of September 2022, the integrated post-purchase experience management platform has processed 600 million sale order items amounting to US $ 5 billion GMV annually.
Kapil Makhija mentioned, “Unicommerce is on a strong growth trajectory in India and international markets. Consistently onboarding 2000+ brands every year is a testimony of our great products and how Unicommerce is becoming a preferred choice of retail brands across sectors. We are building a sustainable business with a focus on growth and profitability as we continue to penetrate India and international markets.”
Unicommerce is also witnessing a rising demand for its platform in international markets as well. The company has recently announced its expansion into 10 countries across the Middle East, Africa and Southeast Asia region. In a span of a year, the company has acquired 50+ international clients and reported 250 per cent Y-o-Y growth in terms of order volumes.
