Indian E-commerce Sellers Move From Home Addresses to Offices in Multiple States at a Predictable Point in Their Growth, Address.co Data Shows
India, July 30 -- India PR Distribution
New Delhi [India], July 30: Every year, between 500 and 600 online sellers using Address.co move off their home address to a virtual office address and register their business in one or more states across India. New internal data from the company shows this switch is not random. It clusters around a specific stage in a seller's growth, usually once monthly sales cross roughly 3 to 4 lakh or the seller starts using Fulfilled by Amazon, which makes it one of the clearest early signs that a small online business is becoming a real company.
Funding rounds and revenue numbers get the headlines. But most small sellers in India do not raise money, and they rarely discuss turnover in public. The address i...
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