Top 10 E-Commerce Companies in India
The e-commerce industry is growing at a breakneck speed. Many e-commerce businesses have experienced rapid growth in a short period. To meet the criterion of the finest e-commerce enterprises in India, a sale with service is essential. The expansion of the e-commerce business can be attributed to various factors. Due to a lack of time and inexpensive pricing, everyone nowadays prefers internet shopping. It is the primary driver of the e-commerce industry's growth. The following is a list of the best e-commerce websites. E-commerce is one of India's fastest-growing industries, and it is predicted to develop further in the future.
Based on on-site traffic, Amazon India is India's largest e-commerce company. In June 2013, Amazon India began operations. The company established Amazon. It provides clients with many books, movies, and television shows. Amazon India got more than 10,000 orders on its first day of operation. Amazon India is a wholly-owned subsidiary of Amazon, Inc., the world's largest e-commerce company. Jeff Bezos launched the parent business Amazon in 1994. With sales and growth in the United States approaching saturation, Amazon looked to other countries for future growth.
With its large market, well-developed infrastructure, and internet access, China appeared attractive, prompting Amazon to open operations there. However, Amazon began searching for alternative potential choices due to tough competition from local e-commerce giants such as Alibaba. The company saw a lot of promise in India and began operations there in 2013.
Flipkart first opened its doors in October of 2007. With over 80 million products across 80+ categories, Flipkart is India's leading e-commerce marketplace. Flipkart grew rapidly as India's e-commerce revolution gained traction, adding various additional product lines to its inventory. Bengaluru is the headquarters of Flipkart. Sachin and Binny Bansal launched Flipkart as an online book shop and e-commerce enterprise in India. As the company's popularity rose, it expanded its offerings to include music, movies, and cell phones.
IndiaMART is the world's largest online B2B marketplace, bringing buyers and sellers together. The channel, which has a 60 percent market share in India's online B2B classified area, focuses on offering a platform to SMEs, Large Enterprises, and individuals. The company's mission statement is to "make doing business easier." It was founded in 1999. In India, IndiaMART employs 3,150 people in 84 offices. There are around 107 million buyers, 6.1 million suppliers, and 68 million products and services available.
It's not simple to become India's top fashion destination. Myntra is one of India's largest fashion e-commerce businesses. The company began as a B2B venture providing personalized presents in 2007, but it quickly grew into a full-fledged eCommerce behemoth in just a few years. By 2012, Myntra has added 350 Indian and foreign companies to its platform, and the number has continued to rise year after year. The Myntra shopping app was launched in 2015 to encourage customers to go on buying sprees. Myntra is now the online platform because of sincere efforts, digital upgrades, and a team of dedicated employees with an equally loyal consumer base.
Alibaba Group Holding Limited, based in China, owns India.alibaba.com. Alibaba's web portal delivers B2B, B2C, and C2C sales services. Since April 2016, Alibaba has also been the world's largest and most valuable retailer. The company now has operations in over 200 countries. Alibaba is currently India's fastest-growing online retail company.
Paytm's headquarters are in the Delhi NCR area. Paytm was founded by Vijay Shekhar Sharma, an Indian entrepreneur. Aside from eCommerce, the Paytm payment gateway and Paytm Wallet are two of the company's offerings. Paytm offers diverse goods, including fashion, electronics, sporting goods, books, movies, stationery, and more.
eBay is a worldwide e-commerce firm headquartered in California. eBay is a global marketplace for people and businesses to buy and sell various goods and services. After a limited amount of free listings, the firm charges sellers money to list products and then again when those items sell. Fashion, gadgets, autos, health and beauty products, and bargains are among the company's most popular things.
India is undergoing a digital revolution. Kunal Bahl and Rohit Bansal created Snapdeal in February 2010. The company's headquarters are in Delhi. The company began as a daily deal platform, but in September 2011, it expanded to become an online marketplace. In India, the site has around 300,000 vendors. In addition, the company offers over 30 million products from over 125,000 regional, national, and worldwide brands and retailers in over 800+ different categories. Industry experts expect India's eCommerce business to explode in the next months. By 2026, it is expected to have grown to US$ 200 billion.
MakeMyTrip is a travel agency that operates online. The company's headquarters are located in Gurgaon, Haryana. Deep Kalra launched the company in the year 2000. The company has 51 retail locations in India, spread across 47 cities. The company primarily provides aircraft tickets for travel, rail and bus tickets, taxi services, and hotel reservations. In addition, the site is well-known for its travel specials and discounts.
Bookmyshow is currently the largest entertainment portal for movies, events, sports, and concert tickets. Customers can book tickets using a variety of channels, including the internet, a mobile app, WAP, and an in-house contact center. The company was started in 1999 by Ashish Hemrajani, Parikshit Dar, and Rajesh Balpande. Mumbai is the company's headquarters.