Top eCommerce Companies in India
- October 30, 2018
- Posted by: Avinash Chandra
- Category: eCommerce
Thanks to the internet, we can now shop every day from the comfort of our homes. No more waiting in queues at the cash counter, no more dodging crowds, no more sprained wrists from carrying all those bags. It is the era of ecommerce, and it is here to stay. With the evolution of eCommerce, several Top eCommerce Companies in India have emerged in almost every product/service category.
Top eCommerce Companies in India by Revenue
India is an attractive market. The commerce industry sees a huge potential in India. Online commerce companies- both domestic and foreign- have engaged in aggressive marketing. Over the last few years, we have seen the ecommerce landscape shift considerably and witnessed many launches, exits, mergers and acquisitions. While some shopping websites have closed for good, others are withering. None the less, some ecommerce websites are now considered indispensable for Indian consumers.
Here is a list of Top 10 ecommerce Companies in India:
There is no beating the global behemoth. The company is headquartered in Seattle, USA, but has a huge presence in India. India is one of the largest markets in the world, and Amazon continues its dominance here.
Amazon is the largest shopping website in the world. You can get almost anything under the sun on Amazon- books, utensils, gadgets, clothes, jewellery, stationery, novelty items and even plants.
Amazon is probably best known for its vast book collection. It boasts of a “search inside the book” feature, using which a customer can search for books that contain a phrase or words they want to read about. What’s more, with an Amazon Prime membership, you can get guaranteed one-day delivery and access to their streaming service.
You can also register as a third party seller on Amazon. You can use Amazon product links on your own website and blogs, and if these links get clicked on, you can generate revenue.
Started by Sachin and Binny Bansal in Bangalore in 2007, Flipkart emerged as a tough domestic competitor for Amazon. It acquired the popular fashion and lifestyle retailer Myntra in 214, and soon added the latter’s biggest competitor, Jabong.
For 10 years, it went neck to neck with Amazon, hosting a wide range of product categories while launching their own exclusive lines of fashion, electronic items and gadgets. Flipkart was ultimately bought by Walmart in 2018.
Flipkart’s also enables third-party sellers to use affiliate links. It has a huge book collection, and have the exclusive rights to sell mobile phones by Motorola. Both Amazon and Flipkart have organized special skills development workshops for rural artisans and makers of khadi products.
Flipkart and Amazon are famous for holding huge clearance sales. They would closely follow each other, offering massive discounts- especially around important holidays in India.
The Indian Railway Catering and Tourism Corporation is the most popular online travel website in India. It was founded in 1999 by the Central Government to simplify the railway ticketing process and allow travellers to get their tickets from the comfort of their homes. It is one of the biggest online ticketing portals in the world, serving 13 million passengers every day. IRCTC also boasts of a huge number of users in Tier II and Tier III cities, where other travel websites cannot reach.
IRCTC is the online portal for buying train tickets, and Indian consumers have a love-hate relationship with it. It is notoriously difficult to get Tatkal reservations, and present laws say the customers to make reservations four months before long-distance travel. It is active only from 10 am to 8 am, and the server often crashes due to the massive number of users logging in simultaneously.
IRCTC has also ventured into tourism in collaboration with state governments, by providing hotel bookings, local sightseeing tours and even has a section dedicated to ecommerce. Via IRCTC, customers can also arrange for special train coaches and charter trains for tourism.
PayTM is the popular online payment portal which is fast gaining popularity among mobile customers. Founded in 2010 in 2010, PayTM started by offering mobile recharging services. Eventually, it included paying utility bill and even retailing products like Amazon and Flipkart.
The company also enables customers to book bus tickets. The company claims to have 100 million registered users. Indian business legend, Ratan Tata has an undisclosed stake in the company.
In 215, PayTM was authorized by the Reserve Bank of India to act as a payments bank. Now, you can buy anything from your local eatery or even greengrocers and PayTM the amount from your phone via the PayTM mobile app to their respective accounts.
Founded in 2000 in Gurgaon, MakeMyTrip is one of India’s most popular online ticketing websites. From flights, travelling packages, tickets, hotel bookings and everything related to tourism- MakeMyTrip has a strong and loyal customer base.
As of September 2017, MakeMyTrip is the leader in the online travel segment in India. In 2017, MakeMyTrip acquired GoIbibo, the popular hotel booking and travel website. With train tickets becoming more expensive and more difficult to get, flights are becoming more popular among Indian travellers. MakeMyTrip has been the biggest beneficiary of this trend so far.
Yatra is the biggest competitor to MakeMyTrip in the online travel segment. You can check out the cheapest flight tickets and book your reservations on Yatra. It also offers all services related to tourism- hotel bookings, travel guides, tour packages, arranging local sightseeing trips, etc. With the rise of Yatra and MakeMyTrip, the traditional tourism package dealers have fallen out of favour.
If you have booked any movie tickets online last 5 years, it is probably through BookMyShow. India’s love for cinema is well known, and BookMyShow recognized a business opportunity there. You can book your movie tickets anytime from BookMyShow website or mobile app in almost every popular multiplex in your town.
The company claims to sell 150 million tickets per month and has various tie-ups with chain eateries and mobile service providers which allows it to offer discounts and offers to their customers. BookMyShow is available in more than 650 towns and cities in India, and you can book your tickets at more than 5000 screens.
BookMyshow also sells tickets to other shows like theatres, comedy clubs, concerts and local exhibitions.
Zomato is synonymous with food delivery in India. You can check out all the restaurants in your locality and order food from them online if you have a Zomato account. Restaurants have their own profiles on the website, where you can find menus, pictures and customer reviews.
Zomato users can pay online or even arrange for cash on delivery. There are also special discounts and offers for users, and Zomato users can avail various value-added services which enables them to arrange for bookings or deliveries from select restaurants.
Shopclues is owned by Clues Network and the company is headquartered at Gurgaon, Haryana. Apart from selling products from well-known brands, ShopClues also promotes local products and focuses on the unstructured market. Small vendors can register on ShopClues to gain visibility.
ShopClues sells everything from clothes, furnishings and gadgets to protein supplements for sportsmen and car accessories. It hosts many promotional offers and discounts throughout the year.
10 Homeshop 18:
HomeShop 18 is probably the only shopping website with its own TV channel. It is owned by the Network18 Group which also owns various news channels and other news providing services.
Network18 has a wide array of products to offer- from clothing to gadgets to homeware and kitchen appliances.
So, what are you waiting for? Log in and start shopping.