The reach of World Wide Web has put the traditional brick and mortar establishments on a back seat. Internet has given a huge platform to all the existing businesses as well as the new entrepreneurs to showcase their business online.
India is also not left behind in the race as a hoard of e-commerce portals are cropping up almost every other day. People also love to shop online as they can shop at the comfort of their own home, office or any place actually! The idea of e-commerce sites is so well received because it provides door to door delivery. These e-commerce websites also offer many shopper friendly facilities like easy payment options, free shipping, cash on delivery and hassle free returns and cash backs.
Let’s have a look at the top ten e-commerce websites in India:
Well, it goes without saying that this is the world’s biggest e-commerce business today. The owner company is Amazon which is based in the USA. The company has already spread its wings across the globe and it was only 4 years back that it opened its subsidiary in India. The company sells products in all possible segments that include food, furniture, apparels, jewellery, toys, Blu-rays, CDs, DVDs, electronics, video games, software and what not! The business is going extremely successful and it is called as the biggest online shopping portal in India. Today, every seller wants to be associated with this brand to make more profit. The net worth of the company in India itself is a whopping 3,24,25,00,000 USD.
This e-commerce joint is also a subsidiary of Amazon of America which went online in India in the year 2012. The e-store offers a wide array of products to suit every need including electronics, appliances, apparels, jewellery, kids’ products and many more. As per the recent survey, the net worth of the website has been estimated to be 1,49,50,00,000 USD.
This is a Chinese e-commerce giant and it is the second most popular e-commerce portal in the world. The company was established in the year 1999 by its present chairman Jack Ma and since then it has been doing a flourishing business all through these years. The company was actually formed to provide a business channel for foreign investors and Chinese manufacturers. In the present times, it is doing all rounds of business; consumer-to-consumer, consumer-to-business and consumer to business. The portal sells almost every saleable product online. The net worth of this company is 2,89,75,00,000 USD.
Here comes our very own Desi brand in the list. It was the year 2007, when two young minds founded “Flipkart Online Services Private Limited” and the rest is history! The portal was a brain child of two entrepreneurs, Binny and Sachin Sehgal, which is now known as Flipkart.com. The Bengaluru based portal has grown bigger and better and emerged as one of the largest Indian e-commerce portal today. It offers a variety of products for online shopping. Flipkart also develops and sells an entire range of products on its known, under the brand name ‘Digiflip’. The company stands tall with a net worth of 74,96,58,861 USD.
Snapdeal is another big player in the Indian e-commerce Industry. The Delhi based company was founded in the year 2010 and is lead by the Bahl brothers, Kunal and Rohit. The company was actually formed to provide a meeting platform for sellers and buyers, but it eventually became a major online shopping portal. The company is one of the fastest growing online portals in India. The portal is a one shop destination for every saleable product like electronics, kitchen essentials, jwellery, toys, books etc. The gross worth of the company is 43,41,65,075 USD.
This is a subsidiary of an extremely successful multinational online e-commerce chain based in the USA. The company was formed in the year 1995 and it currently does business in over 30 countries across the world. It enables both businesses and people to buy and sell products online. You can find any product from any category on their online retail store. They sell cameras, phones, tablets, apparels, household items, apparels, jwellery and what not! It gives a major competition to others in the same niche~, i.e., Amazon, Flipkart, Alibaba etc. The net value of the company was measured to be 35,80,00,000 USD.
Jabong.com is another well known name in the indian e-commerce scenario. It sells products that come in the bracket of lifestyle and fashion. You can buy make-up essentials, clothes, watches, shoes etc from their e-store. Jabong stands in the same queue with other Indian e-commerce giants like Flipkart and Snapdeal. Today, the company has a worth of a whopping 24,58,23,695USD.
Sulekha.com was founded in the year 1998. This is another successful Indian e-commerce major that deals with sale and purchase of properties and selling of consumer electronics like, security devices, solar products, air-conditioners and water purifiers. It also offers academic training and coaching to the students. You can also get a great deal of information if you are looking for home construction and renovation services, home services, job training, wedding and party services, and home services. The company has a net worth of 9,42,50,000 USD.
This is a subsidiary of an American company, Clues Network Inc. The Gurgaon based Indian unit was launched by Sandeep Aggarwal and Sanjay Sethi in 2011. The company has been growing by leaps and bounds since its inception and has carved a niche~ for itself in a very short span of time, despite the presence of its bigger competitors like Flipkart, Amazon etc. The company has a gross worth of 9,09,68,286 USD.
Myntra is another Bengaluru based Indian online shopping portal that sells all types of fashion and lifestyle products online. The company was founded in 2007 by three college friends, Vineet Saxena, Mukesh Bansal and Ahsutosh Lawania. Myntra is one of the most sought after shopping destination for the youth today. The net value of the company is about 6,06,44,504 USD.