With the popularity of social network, India has already taken pace towards social shopping too. A Banglore based company has a new product named Storrz which was announced in an indian conference proto.in. They already got 6500+ product within over 130 categories from India only. I think there is no plan to go global right now. Storrz seems to have a lot of Web 2.0 stuffs, for usability and interface it has no question so far. With AJAX search & navigation, users are pushed to web 2.0 social shopping experience.

Still Storrz has no competitors in India. Other similar sites are CrowdStrom, Yelp and Kaboodle Which covers global market.