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E-marketplaces projected to see enterprise value zoom over 3 times

The report projects that the enterprise value of the companies would go up from $150-200 billion currently to $500 billion by 2027

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The report Rise of Digital Bazaars in India points out that marketplaces have a current gross merchandise value (GMV) of $100 billion which is expected to hit $350 billion in 2027

Surajeet Das Gupta New Delhi

2 min read Last Updated : Nov 30 2022 | 11:22 PM IST

Digital marketplaces are projected to see their enterprise value more than double or triple and their contribution to gross domestic product to go up from 2-3 per cent currently to 5 per cent by 2027, according to a report released by Accel, jointly with Bain & Company.

The report projects that the enterprise value of the companies would go up from $150-200 billion currently to $500 billion by 2027.

Enterprise value refers to the value of a firm based on its last round of fundraise, and is used by unlisted companies as a proxy for market cap.

The report Rise

Topics : Indian companies Online marketplace E-commerce sellers Digital technology