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HomeShop18 is One of India's Most Respected Companies, says Businessworld Survey 2013


News provided by

TV18 Home Shopping Network Ltd (HomeShop18)

06 Sep, 2013, 10:00 IST

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NEW DELHI, September 6, 2013 /PRNewswire/ --

HomeShop18 is the Only Virtual Retailer to Feature in Businessworld List of Most Respected Companies in India

HomeShop18, India's leading virtual retailer, has been recognized as one of India's Most Respected Companies by Businessworld Magazine's Most Respected Companies Survey 2013. HomeShop18 has been featured in a 52 companies list spreading across sectors like banking, IT, FMCG, retail etc.

At an overall level, HomeShop18 is the only virtual retailer to be recognized in this survey and has been ranked 46th in the esteemed list that includes big brands like ICICI, TCS, Infosys, Vodafone, to name a few. In the same survey, HomeShop18 has also been ranked as the 2nd Most Respected Company in the 'Emerging Sector' category.

These rankings have been decided on the basis of important business parameters such as innovation, top management, financial performance, quality of products & services, ethics, people practices and global competitiveness and how these companies are performing on each.

Mr. Sundeep Malhotra, Founder & CEO, HomeShop18 said, "HomeShop18 is elated to be ranked amongst Most Respected Companies in India in the Businessworld survey. With new and differentiated offerings, HomeShop18 has always aimed to innovate and provide best for the consumers and will continue to do so."

He further added, "As industry leaders, we will continue to contribute more to the progress of virtual commerce industry (TV Shopping, E Commerce and M Commerce) in India and shape its bright future."

For HomeShop18, this ranking is a validation of its 100% year-on-year growth and a unique virtual retail business model of operating on TV, web and mobile platforms. HomeShop18 channel changed the way Indians shop from their home in 2008. With the launch of the e-commerce site in 2011, HomeShop18 now reaches out to over 8.1 million unique visitors every month (ComScore Data June 2013).In 2013, HomeShop18 forayed into m-commerce with first of its kind Scan n Shop wall and mobile apps for Android and iPhone users. 

Businessworld's Most Respected Companies survey recognizes the most innovative companies and smart movers in the corporate world since 2001. The survey is one of the most detailed and extensive and has a transparent way of finding the top leaders.

About HomeShop18

HomeShop18 is India's first comprehensive virtual retail business, selling credible brands to customers nationally, operating in a multimedia environment including TV, internet and 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. And with the introduction on mobile shopping in 2013, Homeshop18 redefines the way consumers shop. Present over all virtual platforms of shopping, HomeShop18.com has emerged as the largest e-retailer in India with monthly reach of 8.1 million unique visitors and an increase of 119.4% year-on-year (ComScore June 2013)

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 with an impressive portfolio of over 14 million SKU's 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.

Primary Media Contact: Soumya Chandran, [email protected], 91-9811376648

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