India’s e-commerce market is booming, with sales expected to reach $23.6 billion in 2021. Despite being the world’s second-largest population, India’s e-commerce market is still in its infancy. The country’s unique social and cultural values, combined with its youthfulness, offer big opportunities for e-commerce businesses.
It’s no secret that e-commerce is growing in India. Digital India is a government initiative to digitize India. There are around 500 million people in India that are using the internet. According to a Google and Boston Consulting Group report, India will have 400 million online shoppers by end of 2021. The below list contains the top 10 e-commerce websites in India 2021.
10 Best E-commerce Site in India
Amazon is said to be one of the most populous websites not only in India considered globally. The founder of Amazon is Jeff Bezos in Bellevue, Washington started in the year 1994 with the online market for books now survey says that it is the biggest Online Marketplace in the world where we can buy or sell anything from any corner of the world. It is also recognized as the world’s most valuable brand.
Estimated Revenue: US$386.064 billion
Flipkart is the best example of an Indian e-commerce company that reached successful growth over the past 14 years. It is considered as one of the best e-commerce Site in India.The founder of Flipkart is Sachin Bansal and Binny Bansal who were the former employees of Amazon. The company focus on selling products like books, electronics, fashion, home essentials, groceries, and lifestyle products.
Estimated Revenue: US$6.1 billion
Swiggy is India’s highly valued e-commerce for Online food ordering and delivery. It was founded by Nandan Reddy and Sriharsha Majety in the year 2013 for courier shipping service within India. Later Bundl was rebranded to enter into food delivery. Swiggy is the most popular online food delivery platform faced a challenge in 2020 during the COVID-19 pandemic which laid off 1100 employees but it took a progression in August 2020 by launching groceries delivery called Instamart.
Estimated Revenue: US$160 million
Myntra is the major Indian fashion e-commerce company founded in the year 2007 by Mukesh Bansal to sell personalized gift items. Myntra slowly began selling fashion and lifestyle products in the year 2011. Myntra was captured by Flipkart in 2014 and now it operates as a standalone brand under Flipkart, focusing on fashion-conscious consumers.
Estimated Revenue: US$2.4Billion
IndiaMART is also an Indian e-commerce company that provides Business to Business, Business to Customer, and Customer to Customer sales service via their portal. The founder of IndiaMART is Dinesh Agarwal and Brijesh Agarwal in the year 1996. In the year 2019, it is stated 55 crore traffic has been hit in the web portal, and around 1 crore people downloaded the IndiaMART app. IndiaMART is the first company to test the IPO market in PM Narendra Modi’s Second tenure and the best e-commerce Site in India.
Estimated Revenue: US$65.4Million
Nykaa is an Indian retailer of lifestyle, beauty, wellness, and fashion products that were launched in the year 2012. The founder of Nykaa is Falguni Nayar who is the former managing director at Kotak Mahindra. Nykaa has several varieties of e-commerce platforms such as websites and mobile apps and also owns offline stores focusing on beauty products.
Estimated Revenue: US$1.2Billion
Snapdeal is a profitable e-commerce company situated in New Delhi, India. Snapdeal was founded in the year 2010 by Kunal Bahi and Rohit Bansal who are alumni of the Wharton School and IIT, Delhi. It has achieved massive growth in the online marketplace in India. Snapdeal successfully sells products like beauty, health, fashion, daily needs, electronics, books, etc.., Snapdeal will be usually remained by customers for its amazing deals.
Estimated Revenue: US$130Million
OLX is also known as OnLine eXchange is an e-commerce platform popularly used for buying and selling services and goods like electronics, fashion items, furniture, household goods, cars, and bikes. It is owned by Prosus and founded in the year 2006 which is operating in more than 45 countries. About 90% of Indians use OLX for selling electronics, used household goods, and vehicles.
Estimated Revenue: US$1.2Billion
Paytm is Indian e-commerce that owns different types of sites such as Financial services, Online shopping, Payment systems. It was founded in the year 2010 by Vijay Shekar Sharma in Noida. Paytm offers services such as mobile recharges, utility bill payments, travel, movies, and events bookings, grocery, shopping, etc.., During this pandemic, Covid-19 Tata Starbucks partnered with Paytm which allowed customers to order food online.
Estimated Revenue: US$510Million
BookMyShow is the top show ticketing Online retailer in India. It was established in the year 2007 headquartered in the United States and has an office in India that provides service for almost 5 countries including India, UAE, Sri Lanka, Indonesia, and West Indies. Book my show is known for its best discounts on Online ticket booking.
Estimated Revenue: US$22.1Million
I hope this article had helped in providing knowledge of the peak e-commerce websites in India. Willing to set your business to greater heights. So what’s next? Are you going Digital? Want to know more about developing your business? I am here to help you. Please go through my website http://www.sakshikumar.com and can feel free to contact me anytime also reader’s do comment and let me know which website you use the most and helpful for you.