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Best 12 eCommerce Companies in India for 2023

Do you want to know what are the best-performing eCommerce companies in India? Find here a list of the most popular and top eCommerce websites in India currently.

The Indian eCommerce industry is booming very fast. And within a very short period of time, we have seen numerous startup companies that are operating in the eCommerce segment. Also, some of the most popular multinationals operate their eCommerce business in India.

It is without saying, India is going through a digital transformation. Industry experts predict the stunning growth of the eCommerce market in India in the coming days. It is projected to reach US$ 200 billion by the year 2026.

One thing that must be kept in mind is that the business model of every site is different than others. In creating this list of the best eCommerce companies in India, we have considered important factors such as revenue and customer popularity.

Also, the list includes only the top eCommerce companies that are doing business for a considerable period of time and are successful in achieving customer satisfaction in their respective segments.

List of 12 eCommerce Companies in India

#1. Amazon

Amazon is an America-based eCommerce company having its headquarters in Washington. On 5th July 1994, Jeff Bezos founded the company. Globally, it is the largest internet retailer according to revenue and market capitalization.

In India, Amazon has its corporate headquarter in Hyderabad. The company caters to a wide range of product categories including apparel, electronics items, software, videos, books, etc.

Customers on Amazon have easy and convenient access to over 160 million products across hundreds of categories.

ReadHow To Sell On Amazon

#2. Flipkart

Flipkart is a Bengaluru-based largest Indian eCommerce company. Sachin Bansal and Binny Bansal jointly founded the company in October 2007. Actually, At present, the company is owned by Walmart. You will find all types of products including books, movies, music, games, consoles, gaming accessories, mobiles, mobile accessories, cameras, etc.

Also, it sells computers, computer accessories, network components, software, peripherals, home and kitchen appliances, TV and video products, apparel, and personal and healthcare products.

ReadHow To Sell on Flipkart

#3. Myntra

Myntra Jabong is a popular e-commerce company in India. It is based in Bengaluru, Karnataka, India. The company was founded in the year 2007 by Mukesh Bansal.

Myntra is now owned by Walmart. It is presently one of the largest e-commerce stores for fashion and lifestyle products in India for men, women, and kids.

#4. Nykaa

Nykaa.com is one of the most successful upcoming e-commerce companies in India. The company is based in Mumbai, Maharashtra. India.

Falguni Nayar founded Nykaa in the year 2012. The company mainly sells beauty and cosmetic products and is very popular among women customers.

#5. Paytm Mall

Paytm has its headquarters in Delhi NCR. Indian entrepreneur Vijay Shekhar Sharma founded Paytm Apart from eCommerce, the company operates the Paytm payment gateway and the Paytm Wallet services. Paytm sells a wide range of products including apparel, electronics, sports items, books, movies, stationery, etc.

Read: How to Become a Paytm Seller

#6. Rediff.com

Apart from providing an online shopping platform, Rediff provides news, information, and entertainment. The company has its headquarters in Mumbai. Mainly, the site is popular for deals and discounts. The site sells apparel, books, auto accessories, homecare, and personal care products, etc.

#7. IndiaMart

IndiaMART InterMESH Ltd owns the web portal indiamart.com. In 1996, Dinesh Agarwal and Brijesh Agrawal founded the company for providing B2B service especially. The company has its headquarters in Noida.

The company runs the business model of providing an online business directory.  The online channel focuses on providing a platform to Small & Medium Enterprises (SMEs), large enterprises as well as individuals.

#8. eBay.in

eBay is a California-based multinational eCommerce company. It is an online auction provider and shopping website in which people and businesses buy and sell a wide variety of goods and services worldwide. The headquarter of eBay India is located in Mumbai, Maharashtra.

The company charges fees from sellers for listing items after a limited number of free listings, and again when those items are sold. Mainly, the company is popular for fashion items, electronics, cars, health & beauty products, and deals.

#9. Makemytrip.com

Basically, MakeMyTrip is an online travel company. The company has its headquarters in Gurgaon, Haryana. In the year 2000, Deep Kalra founded the company. The company operates the business through 51 retail stores across 47 cities in India.

Mainly, the company offers flight tickets for travel, Rail and Bus tickets, cab Service, and hotel booking. Also, the site is popular for travel deals and discounts.

#10. Bookmyshow.com

Currently, Bookmyshow is the largest entertainment portal for movie tickets, event tickets, sports, and concert tickets. In the year 1999, Ashish Hemrajani, Parikshit Dar, and Rajesh Balpande founded the company.

The company is headquartered in Mumbai. Customers can book the tickets through various platforms like the internet, mobile application, WAP, and the in-house call center.

#11. Alibaba

China-based Alibaba Group Holding Limited owns India.alibaba.com. Alibaba provides B2B, B2C, and C2C sales services through the web portal. Also, Alibaba is the world’s largest and most valuable retailer since April 2016. Currently, the company operates in over 200 countries. Currently, Alibaba is the fastest-growing online retail company in India.

#12. Snapdeal.com

In February 2010, Kunal Bahl and Rohit Bansal founded Snapdeal. The company has its head office in Delhi. Initially, the company started as a daily deals platform but expanded in September 2011 to become an online marketplace.

ReadTop Mobile Phone Companies in India

The site has more than 300000 sellers across India. Also, the company offers over 30 million products across 800+ diverse categories from over 125,000 regional, national, and international brands and retailers.

Frequently Asked Questions

What are the essential requirements for an effective e-Commerce company?

The 12 most important requirements to be a successful e-commerce company are the following:

  • Good Business Model
  • Selecting Right Products
  • Securing Competitive Advantage
  • Professional Management Team
  • Payment Systems
  • Mobile-Friendly Website and Storefront.
  • Easy Tracking Mechanism
  • Integration of Third-Party Apps.
  • Return Management
  • Customer Support and Interface.
  • Service Reach
  • Delivery Speed

Which is the no 1 e-commerce company in India?

The top e-commerce company in India is Amazon India. According to Statista, they have more than 85% of the audience reach in the country.