Hey There! In this article, I’ve listed the Top 10 eCommerce Companies in India. These companies have come a long way and made a huge brand with their impressive strategies and revenue models.

I’ve listed all the eCommerce companies according to their monthly traffic and revenues. If you have to provide any suggestions to improve this article, do comment below and I’ll make sure to consider your suggestions!

List of Top 10 eCommerce Companies in India :

01). Amazon

One of the topmost multinational top leading companies based in Seattle, Washington. It is counted at the top of the list of Top 10 eCommerce Companies in India. It focuses on e-Commerce, Cloud computing, Digital streaming, and artificial Intelligence. It was founded by Jeff Bezos, on July 5, 1994.

It initially started as an online marketplace for books but gradually after time, today its various range of products and services include several media (books, DVDs, music CDs, videotapes, and software), apparel, baby products, consumer electronics, beauty products, gourmet food, groceries, health and personal-care items, industrial & scientific supplies, kitchen items, jewelry, watches, lawn and garden items, musical instruments, sporting goods, tools, automotive items, and toys & games.

It has launched itself as a brand and has opened up a range of products which includes Amazon Fresh, Amazon Prime, Amazon Web Services, Alexa, Appstore, Amazon Drive, Echo, Kindle, Fire tablets, Fire TV, Video, Kindle Store, Music, Music Unlimited, Amazon Digital Game Store, Amazon Studios, Amazon Wireless.

02). Flipkart

Flipkart - Top 10 eCommerce Companies in India - Startup Sutra

It is one of the Top 10 eCommerce Companies in India, headquartered in Bangalore, Karnataka, India. It was founded by the Bansal brothers, Sachin Bansal and Binny Bansal back in 2007, 14 years ago.

Flipkart initially started and focused on online book sales with country-wide shipping and later it extended itself in the retail chain world through Walmart also leading to many tie-ups and partnerships. It expanded its products range to consumer electronics, fashion, home essentials, groceries, and lifestyle products. It also owns PhonePe, an online mobile payment service.

Recently Flipkart Wholesale launched Kiranas and MSMEs, it also acquired a 7.8% stake in Aditya Birla Fashion and Retail for $204.

03). Alibaba

Alibaba - Flipkart - Top 10 eCommerce Companies in India - Startup Sutra

It is a Chinese multinational technology company that has specializations in the field of e-commerce, retail, Internet, and technology. It had been Founded on 28 June 1999 in Hangzhou, Zhejiang, by JACK MA.

Eventually, the company provides consumer-to-consumer (C2C), business-to-consumer (B2C), and business-to-business (B2B) sales services through web portals. It has also extended itself in the field of providing electronic payment services, shopping search engines, and cloud computing services. It has also been owning and operating a diverse portfolio of companies around the world in numerous business sectors.

It is one of the Top 10 eCommerce Companies in India and also the fifth largest Artificial Intelligence Company. The main service of Alibaba is to handle sales between importers and exporters from more than 240 countries and regions.

04). IndiaMart

Indiamart - Top 10 eCommerce Companies in India - Startup Sutra

IndiaMart is an Indian eCommerce company that provides Business to Customers( B2C), Business to Business(B2B), and customer-to-customer sales services via its web portal and is counted among the Top 10 eCommerce Companies in India.

It was established in 1996 by Dinesh Agarwal and Brijesh Agrawal who also founded the website IndiaMART.com, a business-to-business portal to connect Indian manufacturers with buyers via the internet. Over the last ten years, IndiaMART has become the largest e-commerce platform for businesses and holds up to 60% of market shares, according to research firm KPMG.

It basically handles 97,000 product categories which range from machine parts, medical types of equipment, and textile products to cranes, which connects thousands of towns and cities of India together. Some of the big suppliers like Agfa HealthCare India, Case New Holland Construction Equipment (India), Hilti India, JCB India, and Nobel Hygiene are connected to the company’s marketplace

05). Myntra

Myntra - Top 10 eCommerce Companies in India - Startup Sutra

Myntra is an Indian Fashion eCommerce Company headquartered in Bengaluru, Karnataka, India. It was founded by Mukesh Bansal along with Ashutosh Lawania and Vineet Saxena in 2007. Myntra had initially started as a seller of online customized and personalized gift items which included T-shirts, Mugs, Mouse Pads, and others. In 2011, it started selling fashion and lifestyle products and gave away from the personalized gifts market.

By 2012, Myntra started offering products from 350 Indian as well as International brands. Gradually with time, the website also launched the brands Fastrack Watches and Being Human. It has recently launched its first digital reality show named “Myntra Fashion Superstar” which is based on the fashion influencer talent hunt on the Myntra app on 17 September 2019. In a tie-up with Zoom Studios, this show will be identifying & rewarding India’s next big fashion influencer.

06). 1MG

1MG - Top 10 eCommerce Companies in India - Startup Sutra

1Mg is an Indian-based online healthcare platform that is counted among the top 10 eCommerce companies in India. It serves in providing information about the medicines and allows its users to order prescription-based medicines, supplements, healthcare devices. It also allows the services of providing lab tests at home and medical consultations.

Currently, it is headquartered in Gurgaon, Haryana. They have a mobile application that is available on Android as well as in iOS platforms along with web availability. Initially, 1Mg was branded as HealthKart an eCommerce platform for health products which was found in 2011 by Prashant Tandon and Sameer Maheshwari.

In April 2015, HealthKart decided to separate HealthKartPlus and on separation, it was rebranded as 1mg and co-founded by Prashant Tandon, Gaurav Aggarwal, and Vikash Chauhan. Currently, Prashant Tandon is the head of 1mg while Healthkart operations are handled by Sameer Maheshwari.

07). Nykaa

Nykaa - Top 10 eCommerce Companies in India - Startup Sutra

It is an Indian-based private online eCommerce company founded and established Falguni Nayar in 2012. She is also one of India’s Top Successful Women Entrepreneurs. It is an Indian lifestyle retailer of beauty, wellness, and fashion products. It has made itself established and grow in all kinds of market. It has expanded itself in multiple eCommerce platforms across several websites and mobile apps also it has launched its offline stores too. It has also raised funds through multiple rounds of findings.

Eventually, it follows an inventory-based model with warehouses in Mumbai, New Delhi, and Bangalore. Also In addition to its primary eCommerce business, it has an offline presence via 68 brick-and-mortar stores across the country.

Nykaa claims to have over 3 lakh products across 1,500 brands. It has also been hosting the ‘Nykaa Femina Beauty Awards’ in partnership with women’s lifestyle magazine Femina (India) since 2015. Also In 2019, Nykaa Fashion launched ‘The Power List’ in partnership with Vogue India.

08). Paytm

Paytm - Firstcry - Top 10 eCommerce Companies in India - Startup Sutra

It is an online Indian-based company that was founded by Vijay Shekhar Sharma in August 2010. It initially started off as an online platform providing services like prepaid mobile and DTH recharge, and later added data card, postpaid mobile, and landline bill payments in 2013.

With time, it launched Paytm Wallet, Paytm Payments Bank, Paytm Mall, Paytm Money, Gamepind, Paytm Smart Retail. It provides several services which include payment systems, digital wallets, mobile payments, banking, and also online shopping. It has also sponsored cricket matches as well as IPL’s.

During the COVID-19 outbreak, it also raised and donated Rs. 500 crore in the PM Cares Fund through its app.

09). FirstCry

Firstcry - Top 10 eCommerce Companies in India - Startup Sutra

It is an online store that sells baby products. It was launched in 2010 under the slogan “Big store for little ones” by Supam Maheshwari and CEO Amitava Saha. In January 2020 the merged company had over 380 stores across India out of which around 350 are franchise stores, making it “Asia’s largest online shopping store for kids & baby products”. and also one of the top 10 eCommerce businesses in India.

It launched its first outlet store in Srinagar in May 2019. In 2016, it expanded its market and bought BabyOye which was owned by Mahindra group of companies. It also acquired a playschool company Oi Playschool.

10). Snapdeal

Snapdeal - Firstcry - Top 10 eCommerce Companies in India - Startup Sutra

Snapdeal is an Indian-based e-commerce company established in New Delhi, India. It was launched by Kunal Bahl and Rohit Bansal on 4 February 2010 as a platform that provided daily offers, and later in 2014, it expanded as an online marketplace, becoming one of the top 10 eCommerce Companies in India.

Snapdeal focuses on the value eCommerce segment which is a market that is three times larger than the size of the branded goods market. Sellers on Snapdeal always offer a good quality let it be local/regional/branded merchandise, that provides customers value-for-money options, which is almost similar to what local markets and high streets in a city sell. Fashion, home, and general merchandise account for a majority of the products which are sold by more than 5,00,000 independent sellers on the Snapdeal platform.

Snapdeal’s strategy of focusing mainly on the value segment has caught the attention of many Indian FMCG companies which Godrej, Himalaya, etc who are fully utilizing its deep reach in India to sell their popular brands. Also as a part of the management and profit-seeking market, the products are being sold on Snapdeal directly by the brands through dealers authorized by them.

Also, many upcoming brands including The Man Company, Mamaearth, and Ustraa have also partnered with Snapdeal to focus on the large space of customers through it.


That’s all for this blog, hope you like and got the information you’re looking for! If you’ve any suggestions to improve this article or include any other eCommerce Companies in this blog, let me know by commenting down below.

Thanks!

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