Reasoning Global aims to double revenue in FY 11

Mumbai, Feb 6 (PTI) E-sales solutions providerReasoning Global eApplications is expecting to more thandouble its revenue growth in the current fiscal at about USD 3million, a top company executive has said.

"We are expecting more than 100 per cent toplinegrowth this fiscal ending March, 30, reaching USD 3 million,"Reasoning Global eApplications Vice-President (Marketing)Jeetendra Joshi told PTI here.

For e-sales solutions, the company uses its flagshipproduct, MartJack, a ready-to-use platform with acomprehensive set of features that helps retailers inestablishing and running their e-commerce business.

The company, which has more than 3,000 e-stores in itsclientele, is bullish on domestic expansion plans and expectsto raise its market share from the present 10 per cent to 30per cent by 2013.

India''s total e-commerce market size is about Rs 630crore, which is expected to reach Rs 2,250 crore by 2012,according to Caris