Top 10 E-Commerce companies in India 2020 - Prime Insights - Business Magazine

Top 10 E-Commerce companies in India 2020

E-Commerce companies

Top 10 E-Commerce companies in India 2020

Amazon India

  • Amazon is an American e-commerce giant, founded by Jeff Bezos in 1994. Since its establishment, the company has grown monumentally and is reportedly the largest internet retailer in terms of market cap and internet retailers. Amazon.in offers a variety of product categories ranging from electronics, clothing, books to groceries. Since the inception of the Amazon mobile app, the company has expanded its reach to more and more consumers in the country.
  • According to statistics, amazon.in generates a whopping 322.54 monthly visitors approximately, which makes it top performing e-commerce company in the country. 

Flipkart

  • Flipkart is one of the leading E-commerce brands in India and was established in 2007. Although the company may be a 100 million monthly visitors (242.62 monthly visitors approximately) behind Amazon, it has managed to give some leading international names a run for their money. Flipkart offers products across a plethora of categories, but is mostly popular amongst consumers for its diverse electronics segment.  
  • In the year 2018, Walmart reportedly bought around 77 percent of the company for USD$16 billion.

Alibaba

  • A subsidiary of the Alibaba Group Holding, Alibaba is one of the most renowned E-Commerce players in the market and was established in 1999. Alibaba offers a wide range of product categories like home and kitchen appliances, books, clothing, tools and hardware, consumer electronics, and so on.
  • The company has an audience reach of nearly 4.19 percent in India.

Snapdeal

  • Established in 2010, this E-Commerce giant has managed to garner the attention of customers as well as investors like Foxconn, Alibaba Group, and Softbank. It has an estimated monthly visitor count of nearly 56.41 million. As of 2019, Snapdeal has expanded its logistic network by adding another 3500 pin codes to the mix and now serves more than 26000 pin codes across the country.
  • Much like its competitors, Snapdeal is also popular for its electronics segment but also offers a range of other categories like fashion, toys, books, etc.

BookMyShow

  • Launched in 2007, BookMyShow is the leading ticketing portal and retailer in the country. BookMyShow specializes in selling tickets for movies, plays, sports events, concerts, etc.
  • BMS receives an estimated monthly traffic of around 43.4 million visits.  The company has expanded its sales exponentially by opening its subsidiaries in Sri Lanka, the West Indies, Indonesia, and UAE.

Myntra

  • Launched in 2007, Myntra is one of the leading fashion, lifestyle, and home e-commerce brands in India. The brand offers a range of local and international brands across product categories like menswear, kidswear, womenswear, home appliances, etc.
  • The company garners an estimated traffic of 48.03 million visitors monthly. In recent years, it has flourished immensely due to its sale to Flipkart in 2014 and the possession of its competitor Jabong.com.

Nykaa

  • Launched in 2012, Nykaa is an online beauty and luxury store which specializes in selling beauty items such as skincare, hair, makeup, personal care, LUXE, fragrance and appliances. Since its establishment, the brand has managed to expand its audience reach by launching stores in various locations, starting with Indira Gandhi International Airport in 2015.
  • Nykaa receives an estimated monthly traffic of 20.84 million visits. The brand has also recently launched its own beauty and cosmetics line.

Paytm

  • Established in 2010, Paytm is an online payment system that now caters to a variety of marketplaces including fashion, electronics, groceries, mobile recharge, convenience bill payment, movie tickets, etc. It allows third parties to sell their products to consumers directly through their application.
  • Paytm has an estimated monthly traffic of 5.9 million visits. The brand boasts of a market valuation of approximately $16 billion (as per Nov 2019).

IndiaMart

  • IndiaMart helps connect manufacturers, exporters and suppliers by providing them a platform to promote and sell their products to one another. Founded in 1999, the company has made persistent efforts to expand its audience reach in the country. At present, the brand holds around 60 percent of the country’s online B2B classifieds sector and garners an estimated 47.23 million monthly visits.
  • IndiaMart offers a variety of product categories, ranging from building and construction to fashion apparel.

1mg

  • Founded in 2015, 1mg is an Indian online pharmacy store which provides healthcare services like consultations, lab tests, medical records, as well as products such as fitness and nutrition products, supplements, Ayurveda products, homeopathy medicines, etc.  
  • 1 mg garners around 14.62 million visits on a monthly basis.

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