Top 10 Ecommerce Companies in India in 2023 | A Curated List

Ecommerce companies in India have grown enormously over the past few decades due to the worldwide availability of supply chains, logistics, and Internet facilities.

Small businesses can now compete with larger enterprises and reach a wider audience thanks to e-commerce firms. They can establish an online shop, use e-commerce platforms to sell their goods, and use the same finance and customer service options as bigger businesses.

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Top 10 Ecommerce Companies in India

Below is the best ecommerce business list: 

1. Amazon


Amazon is among the top e-commerce companies in India. In June 2013, Amazon India, a division of the international retail behemoth, initially welcomed customers from India. Amazon focuses on providing the best-class service to its customers. 

Fast same-day and overnight shipping that caters to today’s frequent customers is synonymous with the brand. Many in-demand businesses, like Xiaomi and Apple, use it as their platform of choice to introduce the newest technology, including smartphones and TVs. 

2. Flipkart


Flipkart entered the e-commerce market by selling books. Since then, it has swiftly grown to take on several additional retail areas. It is well-known in the ecommerce industry for offering incredibly cheap electronic goods, including cell phones and household appliances. 

One of the greatest and most anticipated discount sales in the Indian e-commerce sector, Flipkart’s “Big Billion Days,” has prices reduced by up to 90%. Flipkart is also considered among the top ecommerce companies in India. 

3. Nykaa


Nykaa is an Indian online shopping site focusing on health and cosmetic supplies. Falguni Nayar, a former finance banker, launched it in 2012. Various cosmetics, beauty products, haircare, fragrances, and personal care items from Indian and foreign brands are available on Nykaa. Additionally, the portal has a range of goods under the Nykaa brand. 

With over 15 million active users and more than 90 retail locations across India, Nykaa has a devoted consumer base.

4. IndiaMART


IndiaMART is an online marketplace in India that links providers and customers from all sectors of the economy. It ranks fourth among the top e-commerce companies in India. It was established in 1996 and provides vast goods and services, such as machinery, commercial goods, and industrial goods.

IndiaMART gives companies access to a larger market and gives consumers a platform to locate the goods and services they require. The largest online B2B platform in India, IndiaMART, links suppliers and customers. 

5. Meesho


Meesho is one of India’s rapidly expanding eCommerce businesses that has quickly built up a devoted consumer base. It is a consumer brand that seeks to empower India’s rural youth, who have just become internet-aware. 

Customers may place orders and check the status of their goods more easily, thanks to the company’s mobile app and website. Meesho does not charge its merchants a fee to join the marketplace, nor does it deduct anything from their sales.

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6. FirstCry


FirstCry ranks sixth among the top ecommerce companies in India. Asia’s leading online retailer for infant and child items is called Firstcry. It began with a carefully curated collection of baby clothes and has now expanded to include many goods for children and newborns.

They sell baby food, picture books, bed guards, nursery décor, and pregnancy care supplies.

7. BookMyShow


The largest ticketing site for films and activities in India is BookMyShow. The BigTree Entertainment firm launched the platform as a ticket aggregator, making it the market leader for online cinema ticketing in India. The platform holds more than 90% of the market share in its industry. 

Movie feedback, trailers, and interviews with famous people are also available. Both the mobile app and the website are accessible for iOS and Android users to use to make reservations for tickets. BookMyShow has established itself as a go-to site for people wishing to purchase tickets for musical performances and other events because of its user-friendly design and a broad selection of services.

8. OLX


Sellers may publish new and used goods advertisements on the free-to-use OLX website. Buyers can review the product’s listing, communicate with the vendor, and complete a purchase agreement. OLX is also considered one of the top e-commerce companies in India. 

This strategy was created to provide a contemporary twist on yard sales in Western nations. Due to the widespread use of used goods in India, OLX swiftly gained appeal as a marketplace for various goods, including furniture, autos, electronics, and more.

9. MakeMyTrip


In the Indian market, MakeMyTrip was a pioneering e-commerce travel portal. As the first local travel portal in India, the platform was launched in 2000 to facilitate travel for Indians. The business has more than 28 domestic offices, seven overseas sites, four airport booths, and other facilities for the benefit of travellers. 

It enables you to research and book lodging in advance, including flats, hotels, and villas.

10. AJIO


As a part of Reliance Retail’s eCommerce endeavour, AJIO is a one-stop shop for fashion, residence, and lifestyle goods. Customers’ loyalty and confidence have been acquired by this online retailer, which competes with Myntra. 

The e-commerce platform not only offers unique foreign labels but also owns a private label called AJIO OWN. The platform’s main goal is to offer a large selection of clothing and accessories at competitive prices.

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FAQs on Top Ecommerce Companies in India

Here are some commonly asked questions on ecommerce companies in India:

Who is considered the father of Indian ecommerce?

K. Vaitheeswaran is considered the father of Indian e-commerce.

Do ecommerce companies make enough profit?

Yes, e-commerce is considered the most profitable business. The demographics of online retail shoppers, the rise in purchasing goods online in Asia, and m-commerce are the main drivers of this expansion.

What are the four ecommerce pillars?

Four pillars—profitability, productivity, payment, and personalization—support any e-commerce company.

Is doing ecommerce business easy?

Providing products and services is more difficult than it first appears. It necessitates extensive study about the goods and services you want to sell, the market, the target market, competitors, and anticipated company costs.

What is the outlook for Indian ecommerce?

Trends are shaping the foreseeable future of eCommerce in India. By 2030, India’s internet consumer base is expected to grow to between 500 million and 600 million, ranking second globally (IBEF).

According to rising internet and smartphone usage, India’s e-commerce sector has experienced exponential expansion. Customers may conveniently shop from the warmth of their homes because of the industry’s extensive selection of goods and services, which includes anything from electronics to cosmetics.

The biggest e-commerce companies in India have transformed the retail sector by giving consumers a quick and easy method to purchase and giving companies a new channel to connect with clients and boost sales.

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