- December 22, 2015
- Posted by: 1Solutions
- Category: website designing
Ecommerce is gaining popularity in India like anything we have seen before. The ease of shopping and the discounts the online portals offer everyday have enticed a huge no. of users to ecommerce shopping. Earlier it was confined to apparels, books and mobiles only but now people are even buying home appliances and daily grocery online. Most of the companies in the list are not International companies but start up companies who have made it big in the ecommerce industry. Let us see who made to our list of top ecommerce companies in India.
Flipkart– The company which is credited in changing the face of Indian ecommerce industry is in our first no. in the list. Flipkart was started by Sachin Bansal and Binny Bansal in year 2007. Both are the ex employees at Amazon, world’s leader in eCommerce Industry.Since its inception, Flipkart has set a benchmark for others to follow. The company is valued more than INR 10,000 cr in a small spam of 8 years. No wonder it is the blue eyed boy of all the investors.
Amazon India– Amazon is a US based ecommerce giant credited as the father of ecommerce industry. What Amazon means to world is exactly what flipkart means to India. Amazon started its India base in 2013. Under the charismatic leadership of founder and CEO Jeff Bezos Amazon has already made its presence felt in India quite strongly and were able to post first profitable quarter this year among all the ecommerce companies. In all Amazon offers more than 25 million products online which is far higher than Flipkart.
Snapdeal– Snapdeal was started by Kunal Bahl and Rohit Bansal in 4th February 2010. The website started as a daily deals platform but expanded in September 2011 to become an online marketplace. The company today offers more than 10 million products online across different categories. It’s in one of the contender to no.1 position in Indian ecommerce space. It is endorsed by popular film start Aamir Khan for its promotions in India.
EBay– It stands in the league of Amazon in the ecommerce industry. Ebay was founded in September 3, 1995 by Pierre Omidyar. Ebay started its Indian arm in 2014 as Ebay.in and was able to capture a huge segment of buyers and sellers. Ebay also have an Indian payment gateway called PaisaPay which protects the consumer from product damages while it is in transit. Ebay also own the most widely used payment gateway ‘Paypal’ which accounts for almost half of the revenue generated by Ebay worldwide.
Infibeam-Based out of Ahmedabad, India, Infibeam is an e retailer for books, electronics, and automobiles in India. Infibeam was founded in 2007 by Vishal Mehta. In July 2015 Infibeam became India’s first E-commerce company to file an IPO.
Shopclues-ShopClues was founded in November 2011 by Sandeep Aggarwal and Sanjay Sethi. In 2013 ShopClues awarded Best eRetailer of the Year by Indian eRetail Awards 2013. Shopclues handles about 18 lakh transactionsannually and around 42 million visitors a year.