Top 10 E-Commerce Firms In India

What is E-Commerce?

E-commerce is the buying and selling of good or services through internet,

or any other electronic medium to complete the sales.

It's also known as Electronic Commerce.

Top 10 E-Commerce Firms In India

The Indian E-commerce industries have became a trendsince online shopping came around 2007. Nowadays everybody prefers to

shop online due to lack of time, best offers and reasonable pricing.

★ Two Important factors Of E-Commerce Business

1. High-Quality Products.2. Best Customer Services.

FLIPKART

● Flipkart was the first E-Commerce firm in India.

● Established in 2007 by Sachin Bansal and Binny Bansal.

● Flipkart is based in Bengaluru, Karnataka.

● Flipkart sells products like smartphones, clothing, electronics, and more.

● Flipkart holds a revenue range of $464.7 Billion in 2020.

AMAZON.IN

● Amazon Inc is the largest firm among the E-commerce Industries formed in 2012.

● Amazon is an American E-commerce and cloud computingcompany based in Seattle, Washington.

D.C..

● Amazon sells products like electronics, smartphones, clothing,watches, footwear, food items, and more.

● Amazon holds a revenue range of $87.44 Billion in 2017.

SNAPDEAL

● Snapdeal is an Indian E-Commerce firm based in New Delhi, India.

● Snapdeal was formed in 2010 by Kunal Bahl and Rohit Bansal.

● One of the essential E-commerce companies in India, with countless customers daily.

● Snapdeal sells products like smartphones, smartwatches, wearables, and more.

● Snapdeal had revenue of $3.68 Billion in 2020

PAYTM

● Paytm came into existence as an E-payment system then later expanded to an E-commerce platform.

● Paytm is a Noida, Uttar Pradesh-based company formed in 2010 by Vijay Shekhar Sharma.

● Paytm started its journey as an online recharging platform and later evolved to a bill payment system and online shopping services.

● Paytm re-launched a different platform named Paytm Mall in 2017 just for online shopping.

● Paytm has a revenue of $48.74 Billion in 2020.

EBAY.IN

● eBay is a California-based company, was founded by Pierre Omidyar in 1995.

● eBay started its commerce business in India by the year of 2004.

● eBay sells products like Books, Business and Industrial items, Clothing, Shoes, Collectibles, Electronics, and more.

● eBay India had a revenue of $3.6 Billion in 2020.

SHOPCLUES

● Shopclues was created in Silicon Valley by Sandeep Agarwal, Sanjay Sethi, and Radhika Agarwal in 2011.

● Shopclues is a leading E-commerce company in India, majorly selling clothing and accessories.

● Shopclues holds an alliance from Tiger Global, Helion Ventures, and Nexus Venture as its Investing Partners.

● Shopclues had revenue of around $19.96 Billion in 2020.

MAKE MY TRIP

● MakeMyTrip was Formed as an American firm in 2000 by Deep Kalra and later started operation in India in 2005.

● MakeMyTrip offers services like Hotel, Bus, Flight, Train ticket bookings.

● MakeMyTrip had revenue of $51.2 Billion in 2020.

BOOK MY SHOW

★ BookMyShow is an online booking portal for movies, concerts,plays, matches, and various other entertainment programs.

★ BookMyShow was organized in 2007 by Ashish Hemrajani,Parikshit Dhar, and Rajesh Balpande.

★ BookMyShow has the highest funding rate of$5.5 billion by US-based private equity firms.

★ BookMyShow is the leading online booking portal that holdsa revenue of around $94.23 Million in 2020.

99ACRES

● 99ACRES is an Indian-based real estate website founded in Noida, Uttar Pradesh, in 2005 by Sanjeev Bikhchandani.

● 99ACRES provides details related to property, such as cost details, photographs of the plot, location, and owner details.

● 99ACRES currently owns Info Edge and holds firm Naukri.com, a top-rated online job portal in India.

● 99ACRES owned around $15.98 Million in revenue in 2020.

New studies states that the worldwide retail E-Commerce sales trends will reach a new level by 2025.

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