The eCommerce industry of India is a booming sector that has come up with numerous startup companies in a very short period. The eCommerce segment comprises popular multinationals that operate their eCommerce business in India. In the era of digital transformation, there is a strong prediction that this sector will show stunning growth in the upcoming years.
India is expected to make $200 billion by the year 2026. The business model of the eCommerce industry is planned in such a way that not only it generates high revenue but also customer popularity. Below are given top eCommerce companies in India that have been doing their business for a considerable period and are assured to bring even more success in customer satisfaction in the upcoming year:
Flipkart
It is a Bengaluru-based largest Indian eCommerce platform that was co-founded by Sachin Bansal and Binny Bansal in October 2007. The company is presently owned by Walmart. Consumers can find a wide variety of products such as books, electronics, fashion, household, etc. along with a separate grocery section that has been launched to meet the daily needs of its customers.
Myntra
A popular eCommerce company in India Myntra is based in Bangalore, Karnataka, India. It was founded in 2007 by Mukesh Bansal. It is too owned by Walmart and has always ranked as the top eCommerce store for fashion and lifestyle products for consumers of all ages.
Amazon
It is an America-based eCommerce company, headquartered in Washington. It was founded by Jeff Bezos in July 1994 as the largest internet retailer per revenue generation and market capitalization. In India, it is headquartered in Hyderabad and covers over 160 million products across hundreds of categories.
Nykaa
Nykaa.com is one of the most popular fashion hub companies in India. It was founded in the year 2012 by Falguni Nayar and it is based in Mumbai, Maharashtra, India. The company is a true epitome reflecting women’s empowerment and mainly sells beauty and cosmetic products across world-popular brands.
Rediff.com
Rediff has always been an online shopping platform; however, it also provides news, entertainment and valuable information on a global basis. Being headquartered in Mumbai, the official website of the company is a popular place to look for deals and discounts for online purchases and fascinating events around you. The site sells books, apparel, personal care products and many more.
PayTm Mall
It has its headquarters in Delhi NCR and was founded by an Indian entrepreneur named Vijay Shekhar Sharma. It is not only an online payment gateway with PayTm Wallet services but also an eCommerce platform that sells a wide range of products and also provides various online booking services that are a consumer’s daily need. Customers create their unique profiles and add payment details after verifying KYC.
BookMyShow
It is the largest and current entertainment portal in India for movie tickets, sports, event tickets and concerts. It was founded in the year 1999 by three members namely Rajesh Balpande, Ashish Hemrajani and Parikshit Dar. The company has its headquarters in Mumbai and customers can easily book their choice of preference through smart phones, laptops or tablets. One can easily get to know and enjoy different events occurring around them.
MakeMyTrip
It is an online travel company with its headquarters in Gurgaon, Haryana. Mr Deep Kalra founded this company in the year 2000 that operates its business through 51 retail stores across 47 cities in our country. It is the trusted site for consumers that offer them to book tickets for flights, rails and busses along with other services like car rentals and hotel booking. It is popular for its travel deals and discounts.
IndiaMart
IndiaMart owns the web portal www.indiamart.com. The company tends to provide B2B service. In 1996, Dinesh Agarwal and Brijesh Agarwal founded the company with their headquarters in Noida. The company’s business model provides an online business directory. The online channel emphasizes providing people across the world with a platform for Small and Medium Enterprises (SMEs), large enterprises and individuals.
Snapdeal
Established in 2010, Snapdeal is an online shopping platform that is completely digitalized for B2C businesses. Since its inception, the company excels in various service categories giving the best deals ranging from restaurants, spas, and salons to apparel, footwear, and home décor. It is a marketplace business model founded in February 2010 by Kunal Bahl and Rohit Bansal. The company has its headquarters in Delhi NCR.
