The e-Commerce businesses globally have seen unprecedented growth and now with India taking a center stage in global markets because of high growth/reform expectations, demographic dividend and large market, many Indian e-Commerce firms have come out, especially in the last couple of years, building scalable businesses (substantially Tech-enabled) to solve a multitude of problems we face in our daily life. As per Industry Research, 75% of online population in India is 15-34 year old.

Start-up valuation is more about understanding promoters and management background, experience and vision, future potential of business, people, technology, competitive landscape, traction and the probability of success and failure attached. In a way, Start-up valuation involves also involves validation/review of business model which makes it complicated vis-à-vis other valuations. It can be rightly concluded while valuating a start up, the experience of valuer plays a significant role in value conclusion as its certainly an art not science.