Rechargeitnow.com Bags NASSCOM EmergeOut Conclave 2012 Award

Rechargeitnow.com added another feather in its cap when it bagged the prestigious Nasscom EmergeOut Conclave 2012 Award.

Gurgaon, India (prHWY.com) September 6, 2012 - Rechargeitnow.com added another feather in its cap when it bagged the prestigious Nasscom EmergeOut Conclave 2012 Award. The award was presented to RechargeItNow.com for crossing Emerge milestone in revenue for the year 2012 in presence of a large gathering of entrepreneurs and other emerging companies. It was one amongst the chosen six companies who were recognized at this event.

RechargeItNow.com is the front runner in the ecommerce space in India with over Rs. 600 crore worth of annualized transactions on run rate basis. It currently services over 100,000 recharges daily and has around 5 million registered users.

Sharat Jain, President, RechargeItNow.com said "It is a huge achievement for a very young company to be recognized for its stellar growth in the online space especially when most ecommerce initiatives are facing growth related challenges. We are grateful to our customers who are singularly responsible for us to achieve this great feat. We are totally committed to driving value to our consumers and will continue to deliver more".

The conclave was built around the theme 'Taking A Big Leap' intended to help entrepreneurs from SMEs and start-ups to understand the next wave of strategies required to scale, including identifying white spaces in emerging technologies, making successful business alliances and co-creating custom solutions.

Following are few highlights of Rechargeitnow.com:
* 100,000 successful recharges delivered daily
* Registered base of around 5 million users (5% of active online users in India)
* Addition of approximately 200,000 new users every month
* Estimated 13% of the non-travel ecommerce market share
* Estimated 3.5% of all DTH recharges and 0.6% of all prepaid mobile recharges in India
* Consistently achieving 50% click to buy conversion rate (unparalleled in the ecommerce domain)
* Awards & Recognition:
o NASSCOM EmergeOut 2012
o Nominee - Best Ecommerce Websites 2012 - IAMAI
o NASSCOM Emerge 50 2011
o NASSCOM Emerge 50 2010
o ET Power of Ideas Initiative 2009


Contact:
Rajneesh Chopra
Chief Sales & Marketing Officer
http://www.rechargeitnow.com/

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Tag Words: nasscom, online recharge services, rechargeitnow

Categories: Telecommunications

Press Release Contact
Online Recharge Services Private Limited
#126, Sector 44, Institutional Area
Gurgaon, Haryana, India
PIN - 122002
Phone: + 91 124 2578202
http://www.rechargeitnow.com/

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