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Flipkart is one of the largest ecommerce companies in India. This Bengaluru-based company was founded in 2007 by Sachin Bansal and Binny Bansal. Its main product categories are mobile phones, books, and music, but it also sells computers, network components, laptop bags, and other personal items. The company is currently the leader in India's ecommerce industry and has successfully launched several in-house products.
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Ecommerce in India has become a booming business over the past few years. The number of online businesses is growing rapidly and the barrier to entry is relatively low. There are more than 19,000 eCommerce companies in India. These range from large, all-encompassing providers to niche websites that sell only specific goods. The top ecommerce companies in India are ranked by size, resources, and monthly traffic. Whether you are starting a company, or running an existing business, there are several different ways to make your website more successful.
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Snapdeal is an eCommerce company in India that sells value-for-money products at low prices. It offers products to customers in more than three thousand towns. In addition to this, Snapdeal also has a huge user base with over 200 million products sold by millions of online sellers. Another popular online shopping site in India is Jabong, founded in 2012 by Manu Kumar Jain. It offers bargains on everything from fashion to lifestyle products. It has more than 350 brands and has become the most popular online shopping website in India.
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Aalpha is one of the largest and most successful [ecommerce companies in India](https://www.aalpha.net/services/ecommerce-development/), with a substantial customer base. While it is a young market, India is becoming increasingly familiar with e-commerce, using their smartphones to access the web and shop online. And with this increased use of ecommerce, the country is quickly transforming itself into a more modern, diversified marketplace.
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Myntra started out as a marketplace for personalized gift items, but eventually expanded to offer products from 350 brands. In 2014, Myntra was acquired by Flipkart, making it one of the leading fashion and lifestyle ecommerce companies in India. Moreover, the country is also home to IndiaMART, a B2B marketplace that connects manufacturers, suppliers, and exporters. The company boasts a 60 percent market share in the online B2B classifieds industry in India.
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While creating an ecommerce company in India, it is vital to consider the legal structure of the business. In India, eCommerce laws require companies to adhere to data privacy laws and protect sensitive personal information from the customers. They must notify customers of their rights and obligations and ask for their consent before using their data. Further, they cannot disclose this information to third parties without their consent.
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Amazon, Flipkart, and Myntra have all announced their plans for the future. Both are launching big events, with each aiming to create 50,000 jobs in the next few years. They are also targeting smaller cities, and are looking to hire 200 employees in UP, Haryana, and MP this year. While these are significant milestones for the companies, it is imperative to ensure that they keep absorbing employees even after the festivities are over.
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As mentioned before, the D2C (Direct to Consumer) segment is presenting the biggest growth potential in the ecommerce industry. This segment is digital-native and is quick to adopt new tech. It is also eager to tap into the next billion internet-savvy shoppers. As a result, investor interest in this segment has not waned. This sector is fueled by the need for affordable and fast delivery services, as well as eco-friendly business models.
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Cashlesstail is an online store builder in India that offers ecommerce store solutions for all platforms. Its services are offered at an affordable rate, allowing startups to start selling products online without the high costs of building an infrastructure and managing a store. Furthermore, it also offers hassle-free transfer of money. In addition, it covers most markets in India and is compliant with Indian laws. |