Top 10 Ecommerce Companies in India

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Wanted to know the top 10 eCommerce companies or websites in India for online shopping in 2021? We have prepared a list of the top 10 Indian eCommerce companies based on their traffic and popularity in 2002.

Second, only to China, India’s population now stands at 1.30+ billion. That makes it a huge market for all businesses and a potential gold mine for e-commerce companies. Despite the fact that internet penetration is quite low in India, just 41 percent of its total population, it still counts for a massive 560 million users of the internet.

Future of eCommerce

The Indian market, therefore, offers vast opportunities for growth and is still developing technologically. Despite India still being a low-income market, people here are increasingly turning to e-commerce due to the convenience it offers. It is estimated that the e-commerce sector in the huge market in India will reach 200 billion USD by the year 2026.

Advantages of eCommerce

To comprehend why India is poised for such a stunning boom in the e-commerce sector, we need to understand that e-commerce offers certain major advantages to shoppers. These advantages are-

  • Saving Money and Time: All e-commerce companies offer flexible rates and attractive discounts especially during festivals. This helps customers make major savings. With products available at the tap of a finger, e-commerce companies help users save a lot of time too.
  • Round the Clock Support: One can know the status of an order at any time of the day. Real-time status is always available.
  • Online Comparison: E-commerce companies give customers the opportunity to compare various offers and get the best deal available.

There are both foreign entrants and local players fighting for a share of the Indian market. Electronics at 48 percent happens to be the dominant category followed by apparel at 29 percent.

Top 11 Ecommerce Sites in India for 2021

Amazon

Amazon

As per data available with Statista, the American e-commerce behemoth Amazon dominates the Indian market with a reach of 89 percent. After its launch in 2010, the site has a whopping 322.54 million visitors every month making it the most visited site in India by a huge margin.

Electronics items are the most sought after while a wide range of other products in other categories are offered too. These include Alexa, Echo, and the digital media platform Amazon Prime. Amazon also offers men’s and women’s fashion, groceries, and much more.

  • Alexa ranking: 12
  • Establishment: 1994

Flipkart

Flipkart

Flipkart is the 2nd biggest e-commerce company offering almost everything across India. They have an estimated 242.60 million monthly visitors to the site. Even though it’s behind Amazon by a considerable margin of 100 million monthly visitors, Flipkart has successfully established itself as a major player in the Indian e-commerce market.

A proud Indian success story, after being founded in 2007, the company sold 77 percent of its stakes to Walmart in 2018 for 16 billion USD. As in Amazon, electronics are the most sold items on Flipkart and it also offers other products like fashion, books, sports goods, furniture, TVs, and more.

  • Alexa ranking: 81
  • Establishment: 2007

Jio Mart

Jio Mart

JioMart is one of the fastest emerging E-Commerce companies in India that was recently launched by Reliance in Dec 2019. At this stage, they have nearly 10,000+ employees across India. They are offering online grocery delivery services in the metro to small towns of India.

  • Alexa ranking: 3,278
  • Establishment: 2019

Snapdeal

Snapdeal

Snapdeal’s estimated number of monthly visitors stands at 56.41 million. Having managed to gain a lot of attention from both online shoppers and investors, Snapdeal is another e-commerce giant that has an Indian founder. After being launched in 2010, Snapdeal has been invested in by major entities like Alibaba Group, Foxconn, and Softbank.

Here too, the largest category of items purchased by shoppers is electronics. Other product categories offered are- home and kitchen, books, toys, beauty, and more. This Indian e-commerce company has made its presence felt and is sure to grow further.

  • Alexa ranking: 2,167
  • Establishment: 2010

Myntra

Myntra

Myntra is another Garment E-commerce company in India with monthly visitors is at 48 million. Yet another Indian e-commerce platform, Myntra has established itself as a premier fashion, home, and lifestyle e-commerce company in the huge Indian market. The company has grown rapidly after the acquisition of Jabong.com and its purchase by Flipkart in 2014.

Being a retailer of fashion items, Myntra has a wide array of goods on offer, both international and local brands. The products on offer include kidswear, menswear, and womenswear. Myntra has a prominent online presence and is set for major growth.

  • Alexa ranking: 618
  • Establishment: 2007

IndiaMART

IndiaMART

Founded in 1999, IndiaMART with a monthly visitor count of 47.23 million happens to be the largest business-to-business e-commerce site in India. With a market share of nearly 60% in the sector of online B2B classifieds, IndiaMART connects suppliers and buyers.

IndiaMART brings together manufacturers, exporters, and suppliers to showcase their offerings on their platform. Covering an amazingly wide range of products that include items from building and construction, electronics to dyes and solvents, IndiaMART is today a major player in India’s e-commerce market.

  • Alexa ranking: 383
  • Establishment: 1996

Book My Show

Book My Show

The number of estimated visitors on BookMyShow every month is 43.25 million. It opened in the year 2007 as an online ticket vendor for movie shows and various events. Today it operates in the United Arab Emirates, West Indies, Sri Lanka apart from India.

BookMyShow not only offers bookings for entertainment shows, it’s also a platform where you’ll find fan goods too. It offers tickets to plays, events, sports, movies, activities, and monuments. It has TPG Growth as its primary investor.

  • Alexa ranking: 6,912
  • Establishment: 1999

Nykaa

Nyka

The number of monthly visitors to Nyka is estimated at 20.84 million which puts it at number eight on our list. Founded by an Indian in 2012, Nyka made its beginning as an e-commerce company and then later they open their store at the Indira Gandhi International Airport in 2015.

Nyka started off as an online platform selling beauty products like LUXE, skin, makeup, hair, personal care, appliances, and perfumes. Nyka looks all set for major growth with the launch of more brands and the introduction of its own line of cosmetics and beauty products.

  • Alexa ranking: 5,535
  • Establishment: 2012

First Cry

First Cry

Firstcry.com is a pure e-commerce platform selling baby products and items for children in their early teens. Set up in the year 2010, First Cry is owned by Mahindra Ventures. With an estimated 16.94 million visitors every month, it’s Asia’s biggest e-commerce site for children’s items.

The first Cry offers a wide range of products from categories that include apparel, feeding and nursing items, books, and toys as well as maternity products and products for mothers. It’s a very attractive looking site which adds to its appeal.

  • Alexa ranking: 2,599
  • Establishment: 2010

1mg

1mg Logo

With an estimated number of monthly visitors standing at 14.62 million, 1mg, founded in 2015 is an online pharmacy. The launch of 1mg has made medicines more affordable and accessible to the masses. The site is not only a platform selling medicines; it also includes explanatory information about the medicines prescribed by doctors.

1mg also offers online consultations with doctors and lab tests. The site also includes various fitness and nutrition products, Ayurveda and homeopathic products, and more.

  • Alexa ranking: 2,460
  • Establishment: 2015

Alibaba

Alibaba

Alibaba has managed to capture 4.19 percent of the Indian market and is a major player with 175.95 million monthly visitors. Set rolling in China in 1999, the Alibaba Group Holding owned Alibaba has a major presence in India.

While the Indian player Flipkart has built a significant lead over Alibaba,      the latter offers similar categories of products that include home and kitchen appliances, rubber and plastic items, electrical equipment, and much more.

  • Alexa ranking: 104
  • Establishment: 1999

List of Top 11 E-commerce Companies in India

 

Sl. No. Company Establishment Head office Website
1 Amazon 1994 Seattle, Washington, United States https://www.amazon.in/
2 Flipkart 2007 Bengaluru https://www.flipkart.com/
3 JioMart 2019 Mumbai https://www.jiomart.com/
4 Snapdeal 2010 New Delhi https://www.snapdeal.com/
5 Myntra 2007 Bengaluru https://www.myntra.com/
6 IndiaMART 1996 Noida https://www.indiamart.com/
7 Book My Show 1999 Mumbai https://in.bookmyshow.com/
8 Nykaa 2012 Mumbai https://www.nykaa.com/
9 First Cry 2010 Pune https://www.firstcry.com/
10 1mg 2015 Gurugram https://www.1mg.com/
11 Alibaba 1999 Hangzhou, China https://www.alibaba.com/

Conclusion

There is a slew of e-commerce companies vying for a slice of the e-commerce market pie in India. We’ve included the top 10 e-commerce companies in India based on the monthly number of visitors and their reputation in the market. We hope you find our list informative and helpful and we look forward to hearing from you.

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