Top E-commerce Companies in India, many of which went on to become Unicorns
Did you know the top 10 eCommerce companies in India? With a population of nearly 135.26 crores, India has an internet user base of about 696.77 million as of 2020. This means that more than 50% of India’s population is using the internet. Despite being the second-largest internet user base in the world, India’s penetration of e-commerce is low as compared to markets like the US or France. But India’s e-commerce business is growing, adding almost 6 million new entrants every month.
The Indian market is quite different from other markets, especially when it comes to buying online. You might be surprised to acknowledge the fact that initially, cash on delivery was the most preferred payment method in India. But now, with the entry of e-wallets, people are starting to get used to paying online. Even with the use of e-wallets, nearly 75% of e-retail activities were carried with COD (Cash on Delivery) Services before the Covid-19 pandemic.
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List of top 10 eCommerce companies in India
So, as much as we are growing in our experience of getting used to e-commerce for shopping online, here are top 10 ecommerce companies in india that have made it easier for consumers to purchase products online.
Amazon India
With an estimated number of monthly visitors around 281.02 million, Amazon made its debut in India in 2010. This e-commerce platform provides products from almost all categories including electronics, clothes, shoes, accessories, books, grocery, and almost everything.
Flipkart
Flipkart is an Indian competitor e-commerce platform similar to Amazon India. The company’s estimated monthly visitors are close to 215.03 million. This company was founded in 2007 and provides products under categories like electronics, TV appliances, Fashion, Furniture, Sports, Books, Flights, and more. A majority of shares of the company are now held by Walmart.
Top 10 ecommerce companies in India
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Just Dial
Answering all your queries, Just Dial is a local search platform that started back in 1996. The company, founded by VSS Mani, now has estimated monthly visitors of 79.05 million. Today, JD provides all products and services including B2B, air travel bookings, hiring services, loans, auto care, baby care, banquets, hotel booking, books, buses, cabs, caterers, fitness, foreign exchange, flowers, home decor, insurance, and far much more.
Indiamart
Just like Just Dial, Indiamart is also an Indian e-commerce company that provided B2C, B2B, and C2C sales services. This platform was founded by Dinesh Agarwal and Brijesh Agrawal in 1996 to connect manufacturers and buyers. Indiamart’s estimated number of monthly visitors round off somewhere at 64.72 million.
Top 10 eCommerce companies in India
Ajio
A super sleek platform for fashion products, Ajio was founded by Mukesh Ambani in 2016. Today nearly 25.36 million people visit this platform every month for shopping products that include men wear, women wear, ethnic, and kidswear.
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Myntra
From products ranging between men wear, women wear, kids wear, home and living, and others, Myntra is an e-commerce platform that provides its consumers with a variety of products. Not only does it focus on fashion products, but it also lets you shop from a category of brands. It allows you to shop all fashion products from your favourite of brands. Its estimated number of monthly visitors stands at 21.31 million. The company is now part of Flipkart-Walmart.
First Cry
With an estimated number of monthly visitors at 16.07 million, First Cry is an e-commerce platform solely for the purpose of shopping products for kids care. This platform makes parenting easy by providing kid products at home while parents take care of their children. It provides everything including toys, diapers, food, gear, nursery, health & safety and more.
Top 10 eCommerce companies in India
1mg
From e-pharmacy, online consultations, lab tests, and authentic information, 1mg is a diverse platform that offers various kinds of products and services. You can easily order medicines from your prescription, supplements, ayurvedic products, homeopathy, and more. This company has an estimated number of monthly visitors at 9.39 million.
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Nykaa
Founded in 2012, Nykaa has quite easily reached its targetted market for selling beauty, wellness, and fashion products. It has an estimated number of monthly visitors of 5.47 million. Everything from Makeup, Skincare, Hair Care, Appliances, Personal Care, Natural, Health and Wellness, Fragrance, and other products are available at this e-commerce platform.
BookMyShow
Being founded in August 1999, Book My Show is a one-stop platform to book you tickets for movies, events, plays, sports tournaments, monument visiting, or any other events. You can easily find all tickets that you’re looking for at BookMyShow. The company’s estimated monthly visitors stand at 5.29 million.
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