Rishi Raj Vashistha to Launch AI-Based E-Commerce Platform in India

Vashistha, who has extensive experience in e-commerce and technology said that technology can be a powerful tool for solving real-world problems. Due to the increasing demand for high-quality products and growing interest of younger generation in AI and technology, platform will be successful, he added.

“I want to make the earth a better and healthier place to live, and I believe that technology and AI can help us do that. We believe that using AI to provide customers with insights into product quality is a game-changer,” said Vashishtha, adding, “It’s a win-win situation for both customers and manufacturers, as it incentivizes manufacturers to maintain high standards while giving customers the confidence to make informed purchases.”

The e-commerce industry in India is poised for tremendous growth in the coming years, and companies that can adapt to the diverse needs of Indian consumers and provide exceptional customer experience are likely to succeed. It is expected to reach US$ 111 billion by 2024 and US$ 200 billion by 2026, and US$ 350 billion by 2030, according to India Brand Equity Foundation (IBEF).

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