In India e-commerce industry booming very fast. In many reports, India becomes the world’s number 1 in the online market in 2034. So within a very short period of time, we have seen numerous startup companies. Some of the most popular multinationals operate their eCommerce business in India. In crafting a list of top 5 eCommerce companies in India, it’s really difficult to list the best sites. However, we have considered seriously aspects such as revenue and customer popularity. And definitely, the business model of every site is different than others. There are many reasons which are contributing to the growth of the e-commerce sector. In today’s time, everyone is preferring for online shopping due to lack of time and reasonable pricing. So my top 5 companies are-
1. Amazon
It is an American electronic commerce and cloud computing company with headquarters in Seattle Washington. It is the largest Internet-based retailer in the world by total sales and market capitalization. On 5th July 1994, Jeff Bezos founded the company. The company took its first steps into the Indian market in February 2012 when it launched Junglee.com, a site that allowed customers to compare prices online but not purchase items directly. Amazon.in starts in June 2013. All customers on Amazon.in and the Amazon mobile shopping app have easy and convenient access to over 160 million products across hundreds of categories.
Amazon Home
2. Flipkart
Flipkart is a Bengaluru based largest Indian eCommerce company. Sachin Bansal and Binny Bansal jointly founded the company in October 2007. The company is registered in Singapore but has its headquarters in Bangalore. Initially, the company sold books online. Flipkart has done a series of acquisitions to expand its range of product offerings.
Flipkart owns several brands like Citron, Flipkart smart buy, MarQ, Billion Brand that offers a wide range of home appliances, personal healthcare, electronic products, larger appliances, and mobile phones. Today the company sells a wide variety of products like books, movies, music, games, mobile, accessories, cameras, computers, computer accessories, home, and kitchen appliances, TV and video products, apparel, personal and healthcare products, etc.
3. Paytm
Established in 2010 by Vijay Shekhar Sharma, One97 Communications is the parent company of Paytm. Paytm has the headquarter in Delhi NCR. Paytm initially offered online recharge of DTH, and later it incorporated landline bill, data packs, prepaid and postpaid mobile payments online. In 2014 it launched its own wallet, Paytm wallet where users can add money. Paytm also added payment of education fees, metro recharges, electricity, gas, and water bill and utility bill payments. Paytm sells a wide range of products including apparel, electronics, sports items, books, movies, stationery, etc.
4. Snapdeal
The company was founded by Kunal Bahl and Rohit Bansal in 2010. The company has the head office in Delhi. Although it was initially started as a daily deals platform later it emerged as the leading online shopping place for electronics, shoes, men and women clothing, home and kitchen appliances, etc. In 2015, Snapdeal acquired Freecharge. The company has 10000 employees and offers more than 12 million products on its website.
5. Shopclues
The company was co-founded by Sandeep and Radhika Agarwal in Silicon Valley in the year 2011. Headquartered in Gurgaon, Shopclues is the leading e-commerce brand in India that sells apparel, home and kitchen appliances, electronic and daily utility items. In 2015, Shopclues launched its app for android, windows and ios platform. The company shipped 30 lakh products per month in 2017. The company has more than 700 employees and 100 Million visits every year.
