India has a very vast and rapidly growing market in online shopping and e-commerce.
Although Amazon has become the greatest leader in this sector the Indian companies are holding their grounds and constantly fighting to expand their presence and have more command over this fast-growing market.
The main reason behind the excessive use of e-commerce sites is a steep increase in the number of users of the internet in our country. Today we have 560million users of the internet in our country and they primarily use mobile devices to access the internet.
The Indian markets are still technologically developing and there is great room for growth.
Let’s have a brief look at the top 10 e-commerce stores in India who have a strong presence in the ever-growing Indian market-
AMAZON
Amazon is an American based e-commerce company that has its headquarters in Washington. It was founded by Jeff Bezos on 5th July 1994. It is one of the biggest e-commerce stores in India. All the customers of Amazon.in and the Amazon mobile app have easy and convenient access to over 160million products across hundreds of categories.
Website: Amazon.in – Estimated monthly traffic: 365.5 Million visits
FLIPKART
Flipkart is a Bengaluru based largest Indian e-commerce company. It was founded jointly by Sachin Bansal and Binny Bansal in October 2007. The site is popular for a variety of things such as books, music, games, consoles, cameras, mobiles and mobile accessories e.t.c. Along with all these things it also sells computers its accessories, software peripherals, personal and healthcare products.
Website: flipkart.com – Estimated monthly traffic: 221.5 Million visits.
PAYTM
Paytm is headquartered in NCR Delhi, founded by an entrepreneur Vijay Shekhar Sharma is one of the widely used e-commerce stores in our country. The company handles the Paytm payment gateway and wallet services. It sells a wide range of products including apparel, electronics, sports items, books and movies e.t.c.
MYNTRA
It is a specialized online home, fashion, and lifestyle retailer in India. It was launched in 2007. The fashion giant has developed a strong online presence especially using the web and mobile applications. It was acquired by Flipkart in the year 2014 and now has such a strong presence that it has left behind all of its competitors. It is used widely in our country for online shopping of various types of clothing.
Website:myntra.in– Estimated monthly traffic: 32million visits.
SNAPDEAL
It is a diversified online shopping platform, offering many products ranging from electronics to fashion and home appliances. It was founded in the year 2010. It has received several rounds of funding from many famous investors which include Foxconn, Softbank, and Alibaba group. It has fuelled its growth and competed to be the top ones in the e-commerce market of India.
Website: snapdeal.com – Estimated monthly traffic: 83.5 Million visits
ALIBABA
China-based Alibaba group holding limited owns the India.alibaba.com. It provides various types of services which include B2B, C2C, and B2C using the web portal. It is one of the world’s largest and most valuable retailers. The company operates in over 200 countries. Alibaba is one of the fastest-growing e-commerce stores in India.
Website: India.alibaba.com– Estimated monthly traffic:7.4 million visits.