India is known for its large population. At 1.37 billion, it’s one of the most inhabited places in the world, second only to China. Still, of its billion-plus people, internet penetration is quite low, coming in at 41 percent of the total population, roughly 500 million of the 1.37 billion in the country.
In this article, you will find a list of top 10 Indian eCommerce companies, sites, and apps in India according to Alexa traffic ranking to shop for quality products online in 2021.
The eCommerce industry is growing day by day in India. Because of the number of online shoppers, most of the companies and business owners are playing to enter in this sector in the modern era to increase their sales and revenue.
Despite the low internet penetration, the e-commerce sector in India is still massive, thanks to the overall population size. It was worth US$ 48.5billion as of 2018 and is expected to quadruple to reach US$ 200 billion by 2026.
It’s also worth noting that internet and smartphone adoption in India is growing rapidly. This adoption of smartphones also shows trends toward mobile commerce as a preference for the vast number of Indians who own a smartphone.
List of Top 10 E-Commerce Companies In India:
Table of Contents
FLIPKART
When it involves pinnacle e-trade organizations, Flipkart is one of all those. Flipkart is an Indian e-commerced organization established in Bengaluru, Karnataka, India, and integrated in Singapore. It was founded in October 2007 by Binny bansal and Sachin Bansal. Flipkart affords offerings purchasing from domestic for millions of clients across the world. Due to its online offerings like purchasing from domestic many human beings have become ordinary clients of this online platform. Many customers also are want to promote their products; strolling their small corporations via this platform enables them to make money.
When Flipkart turned into commenced, its central awareness turned into online ee-ebook promoting with global shipping. Later in 2008, Flipkart turned into receiving every day one hundred orders, according to today. Flipkart received the virtual distribution mime360.com in 2011, Myntra a web style store for $280 million and a web style retail jabong.com from Rocket Internet for $70 million, and UPI cell bills startup Phone. Additionally, in 2018, Walmart has gained a bidding conflict towards amazon, obtaining a majority stake in Flipkart worth $15 billion. Then on 9 May, Walmart has formally introduced that they had got 77%stake in Flipkart.
Flipkart additionally operates diverse residence manufacturers like Citron and digiflip. In 2017, Flipkart released its extra residence manufacturers, such as Billion for smartphones, Smartbuy for electronics accessories, efficiently changing Digiflip and MarQ for big appliances, even though its release turned into a complex with the aid of using an indicator dispute with a current organization, Marc Enterprises.
Flipkart has also released its private app streaming carrier, Flipkart video, to compete with its enterprise competitors Amazon. Flipkart has foremost subsidiaries organizations in India like Myntra, Phonepe, Ekart, Jeeves, Clear trip. Flipkart now generates sales of over 43,615 crores, which is $ 1.6 billion, making it within the listing of Top 10 E-trade organizations in India.
NYKAA
Nykaa is an Indian e-commerce organization based via falguni Nayyar in 2012, established in Mumbai. It’s a web app carrier that offers clients to shop for splendor, wellness, Fashion, fitness care merchandise from the consolation in their home. It additionally has seventy-six offline shops throughout India. It sells the goods that are synthetic in India everywhere in the world.
Falguni Nayar released Nykaa in 2012 as an e-trade portal curating a variety of splendor and fitness care merchandise. The call Nykaa is derived from the Sanskrit phrase Nayaka meant ‘one in the spotlight.’ In 2015 Nykaa increased its online to an omnichannel version and commenced promoting style splendor merchandise. Since 2018 Nykaa released Nykaa’s guy India’s first eCommerce keep for men’s grooming. Later, the organization increased right into a style via launching Nykaa Design Studio, which became renamed Nykaa Fashion.
Nykaa app has unique capabilities which offer expert splendor merchandise, tutorials, tips, and its miles handiest available to big customers who’ve Nykaa seasoned top-class membership. Since 2012 Nykaa has raised sufficient cash via more than one fundings. It has raised over one hundred crores from steady view capital, making it a unicorn startup valued eighty-five million.
Nykaa additionally has three offline keep codecs Nykaa luxe, Nykaa on-trend, and Nykaa splendor kiosks. Nykaa has additionally residence of manufacturers like Kay beauty, Nykaa cosmetics, Nykaa naturals. Today Nykaa generates sales of over 278 crores with greater than 2000 employees.
GROFERS
Grofers is an Indian Online grocery transport service. It became based in December 2013 primarily based totally out of Gurgaon through Saurabh Kumar and Albinder Dhindsa. Grofers provide clients to do online grocery buying from the consolation in their domestic. It gives an extensive variety of merchandise from exclusive manufacturers at much lower fees, making it clean for clients to pick out and buy merchandise.
In the preliminary days of Grofers, it mainly targeted handing over groceries like sparkling culmination and vegetables, mobiles and accessories, kitchenware, books, domestic and workplace desires, bakery items, puppy care, child care, and personal care merchandise, electronics, flowers, etc.… Now the organization has emerged as a platform that brings the clients collectively searching out everyday essentials. These companions are serving their desires and producers searching out a conduit to the clients.
This takes place through their proprietary generation stack; in 2021, Grofers stated, creating the quickest transport offerings to clients. Grofers added 10- minute transport device in pinnacle 12 towns after finishing their 15 mins making 20,000 deliveries in step with day throughout ten towns. Grofers now has emerged as one of the Best E-trade Companies in India. Now it generates sales of over 176.seventy-nine crore with internet earnings of 637. forty-nine crores.
MYNTRA
Myntra is a chief Indian online style store. It became based withinside the 12 months 2007 through Mukesh Bansal, Vineet Saxena, Ashutosh Lawania. It became based in Bengaluru, Karnataka, India. The agency became, to begin with, began out to promote present personalized gadgets.
Myntra has become one of the fundamental style websites wherein clients select a variety of style gadgets over unique manufacturers at less high prices. Customers can pass over and have many picks over garments and different style gadgets, making clients keep from domestic with comfort. In October 2007, Myntra obtained its preliminary investment from Erasmic Venture Fund, Sasha Mirchandani from Mumbai Angels, and some different traders.
In November 2008, Myntra raised almost $five million from NEA-Indo-US Ventures and Accel Partners. Myntra raised $14 million in a Series B spherical of investment. This spherical of funding became led through Tiger Global, a personal fairness firm; the prevailing traders IDG Ventures and Indo-US Venture Partners additionally installed considerable quantity in the direction of investment Myntra.
Towards the cease of 2011, Myntra.com raised $20 million in its 1/3 spherical investment, once more led through Tiger Global. In February 2014, Myntra raised an additional $50 Million investment from Premji Invest and few different Private Investors. Now Myntra had come to be one of the high-quality e-trade agencies in India.
ZOMATO
Zomato is an Indian multinational eating place aggregator and meals transport company. It turned into based withinside the yr 2008 via way of means of Deepinder Goyal and Pankaj Chaddah. Zomato gives information, menus, and user opinions of eating places and meals transport alternatives from associate eating places in pick cities.
Later the offerings are to be had in 24 international locations and more significant than 10,000 cities. From 2011, it has extended its offerings in India Delhi, Mumbai, Bangalore Chennai, Pune, and Kolkata. Later, In 2012, it extended operations worldwide in numerous international locations, like United Arab Emirates, Sri Lanka, Qatar, UK, and South Africa.
Later within the yr September 2017, Zomato introduced that it had “became profitable” in all 24 international locations wherein it used to operate and added a “zero-fee model” for associate eating places. Zomato had ended up one of the excellent meals handing over companies with partnered restaurants and gives actual offerings like transport on time with coins on transport.
MAKE MY TRIP
Make my trip is an Indian online journey organization. It turned into based withinside the 12 months 2000 via way of means of Deep Kalra. It turned into established in Gurugram, Haryana. The organization offers online journey offerings inclusive of flight tickets, home and international vacation packages, lodge reservations, rail, and bus tickets.
As of 31 March 2018, they have got 14 organization-owned journey shops in 14 cities, over 30 franchisee-owned journey shops in 28 cities, and counters in 4 predominant airports in India. Make my journey has elevated its offerings now no longer handiest in India but also throughout numerous nations, including New York, Singapore, Kuala Lumpur, Phuket, Bangkok, and Dubai. In 2016, MakeMyTrip and Ibibo’s institution India’s most significant reserving portals, merged via an inventory transaction.
Through this transaction, MakeMyTrip obtained its rival, Ibibo Group, which turned into certainly considered one of the most significant acquisitions in India’s online journey space. MakeMyTrip gives flight tickets to many villas and apartments, rail and bus tickets, cab service, and lodge reserving offerings on its portal. Make my journey has emerged as one of the pinnacle e-commerce corporations in India producing sales extra than $486million with 3051 employees.it is one of the best E-Commerce Companies In India.
INDIAMART
IndiaMart is an Indian e-trade enterprise that offers B2B and client-to-client income offerings through its net portal. The enterprise turned into commenced in 1996 through Dinesh Agarwal and Brijesh Agrawal. It is a commercial enterprise to commercial enterprise portal which connects Indian producers with buyers.
The enterprise is centered in Noida, Uttar Pradesh, India. Over the final ten years, IndiaMART has become the biggest e-trade platform for organizations with approximately 60% marketplace share by analyzing organization KPMG. It handles 97,000 product classes starting from gadget parts, scientific systems, and fabric merchandise to cranes from India’s hundreds of cities and towns.
Agfa HealthCare India, Case New Holland Construction Equipment (India), Hilti India, JCB India, and Nobel Hygiene are massive providers in the enterprise’s marketplace. Due to its pleasant offerings over time, it has presented had nominated generally adore. It turned into Nominated many of the pinnacle three at Emerging India Awards 2008, Red Herring one hundred Asia Awards 2008, IndiaMART Bags Best Business App Award at GMASA 2017. IndiaMart has become one of the pleasant e-trade groups well worth 403—five crores with 3600 employees.
SNAPDEAL
Snapdeal is one of the e-trade agencies in India. The agency became based withinside the yr 2010 via way of means of Kunal Bahl and Rohit Bansal. Snapdeal has grown to be turning into one of the most important online markets in India. Snapdeal’s recognition is at the price eCommerce segment – a marketplace this is three instances significant than the scale of the branded items marketplace.
Sellers on Snapdeal provide correct quality products that give clients price-for-cash options, just like what could promote in neighborhood markets and excessive streets in a city. Fashion, domestic and fashionable products account for a majority of the goods bought via way of means of extra than 500,000 impartial dealers on the Snapdeal platform. Snapdeal affords clients to store from domestic with comfort. Snapdeal became worth USD 6. five billion in Feb 2016, and it raised USD 2 hundred million at that valuation.
Snapdeal 2.0’s achievement is likewise constructed on recreating online the bustle and variety and India’s thriving bazaars. Now Snapdeal has grown to be a family call for online purchasing over a wide variety of merchandise and has additionally grown to be one of the fine e-eCommerce agencies in India.
JUST DIAL
Just Dial is an Indian net-primarily based totally generation organization that offers neighborhood searches for exclusive offerings in India over the telecellsmartphone, internet site, and cellular apps. It was Founded withinside the 12 months of 1996 via way of means of VSS Mani.
The organization is situated in Mumbai, India. Justdial has workplaces in India Ahmadabad, Bangalore, Chandigarh, Chennai, Coimbatore, New Delhi, Hyderabad, Jaipur, Kolkata, and Pune. Justdial’s provider is a database of commercial enterprise listings that customers can get right of entry to via means of telecellsmartphone or online.
The organization additionally operates “Justdial Social,” a provider that aggregates content material from social media websites, TV broadcasts, news, and different sources; and “Search Plus Service,” a provider that manages online transactions thru the net and cellular apps. Just Dial has grown to be one of the first-class e-trade groups with over 1,092.eighty one crores and 10,984 employees.
PAYTM
Paytm is an Indian multinational employer specializing in virtual charge systems, e-trade, and finance. The employer changed into based withinside the 12 months of August 2010 using Vijay Shekhar Sharma. It gives to customers like online use-instances like cell recharges, application invoice bills, travel, movies, and occasions bookings in addition to in-keep bills at grocery stores, result and vegetable shops, restaurants, parking, tolls, pharmacies, and academic establishments with the Paytm QR code.
Paytm has emerged as certainly considered one among the first app having over one hundred million downloads. Paytm is now certainly considered one among pinnacle fundamental e-trade corporations having 2,597 crores in revenue. It has over 35 crore customers.
