Opening the Databazaar in India

Databazaar.com, currently the fifth largest online U.S. retailer specializing in IT peripherals, has announced its intent to enter the India market.

Company talks with offline partners owning independent distribution and logistics chains were reported in Telegraph India’s online edition today. Databazaar would comprise the online platform for the unnamed potential partners of the new venture.

Despite Telegraph India’s enthusiasm and fascination with the IT toys supplier, the plans are only in an embryonic stage. Oney Seal, Databazaar.com founder/chairman acknowledged in the newspaper that “the company’s research on internet use in India indicated the great demand for online retailing,” but was quoting as stating “The plans are, however, still at a drawing board stage” and “Currently, it is not viable for us to have our own distribution and logistics hub with warehouses like we do in Florida.”

Reportedly, Databazaar has earmarked some $2 million for initial investment and “should have a pilot model ready by the next year for the metros.”

Databazaar currently employs 100 in a Calcutta business process outsourcing company called – originally enough – Databazaar India.

“Databazaar to sell in India” by Sohini Mookherjea can be read in full at the Telegraph India website.