Vestige, one of India’s largest home-grown direct selling company with a vast portfolio in health, wellness and hygiene products, is now ranked 36, making it the top Indian-origin company to feature in the 2021 DSN Global 100 list.
The DSN Global 100 list was announced in a virtual ceremony on April 19, 2021. The event saw participation from top direct selling companies across the world. Vestige, ranked 36 this year, has now been a part of the Top 100 list for five years in a row.
The DSN Global 100 list offers a unique perspective on the global impact of the direct selling industry in the economic and social realms. It provides a range of opportunities for mutual learning, not only for industry members but also for researchers, investors and — most importantly — those seeking opportunities within the industry. Recognition of the companies in the DSN Global 100 list is the culmination of months of research and the cooperation of many individuals throughout the world
Additionally, earlier this month, Vestige was also ranked #18 in DSN Global’s Digital Momentum Index for April 2021 for its incredible digital presence and footprints. Digital Momentum Index acknowledges those companies that show significant growth in social media in a given month.
Gautam Bali, Managing Director, Vestige Marketing Pvt Ltd., said “Vestige’s inclusion in the DSN Global 100 List for five years in a row is a testimony to its resilience and determination in the face of a pandemic. Featuring as the top-ranked Indian-origin direct selling company is a matter of great pride and joy for us.
“A large part of the credit for this recognition goes to our over 25 million distributors who have continued to build Vestige with trust and hard work. Despite the crisis of the ensuing global pandemic, we have been able to support livelihoods and launched products in health, hygiene and wellness categories.
“We have expanded nationally and internationally and will continue to spread the message of self-reliance through wellness for years to come,” Bali said.
Vestige has been growing phenomenally year-on-year at a CAGR of over 30%. Keeping in view the trends in the market and consumer demands, Vestige has been expanding its product line by introducing timely and need-based products, especially during the pandemic. The right products at the right time act as Vestige’s catalyst of success.
With a vision to grow globally, Vestige is operating in six countries apart from India at present, while it is expanding to markets like Philippines, Thailand, Ghana and other Middle East Asian countries. In India itself, Vestige has expanded to 3,500 online and offline touch points to enhance customer delight.
As one of the market leaders of direct selling in India, Vestige has created additional income opportunities for its distributors, promoting micro-entrepreneurship in India.