HomeShop18, an Indian e-commerce venture, was awarded the "Brand Excellence Award in Internet Business" category at the World Brand Congress, 2011 held in Mumbai. The award recognized HomeShop18’s efforts in building consumer confidence in the e-commerce industry and its 10X growth in the e-commerce business year-on-year.
Receiving the award, Sundeep Malhotra, Founder and CEO, HomeShop18, said: “We are pleased to receive such a prestigious award. It is a testament to our efforts to provide our customers a wholesome shopping experience. We are delighted that we are seen as a leader in the Internet shopping space in India. We would like to dedicate this award to our customers for having preferred us over others. We will continue to provide our customers with the best that Internet shopping has to offer.”
Held every year since 1999, the World Brand Congress presents the Global Award for Brand Excellence to organizations that have played a significant role in building their brand internationally.
HomeShop18 currently sells more than 450 brands and has over 10 million SKUs. The e-commerce portal adds a new customer every 6 seconds to its database and has a rising rate of 30 percent repeat-purchase customers.