What is the size of Indian ecommerce industry?

What is the status of Ecommerce in India?

India’s E-commerce revenue is expected to jump from US$ 39 billion in 2017 to US$ 120 billion in 2020, growing at an annual rate of 51 per cent, the highest in the world. Online retail sales in India are expected to grow by 31 per cent to US$ 32.70 billion in 2018, led by Flipkart, Amazon India and Paytm Mall.

Which is the biggest ecommerce company in India?

Top 10 E-commerce companies in India

  • Amazon Development Centre India Pvt. Ltd.
  • Grofers India Pvt. Ltd.
  • Flipkart Internet Pvt. Ltd. ( Walmart)
  • Nykaa E-Retail Pvt. Ltd.
  • Think & Learn Pvt. Ltd. ( Byjus)
  • Zomato Ltd.
  • Just Dial Ltd.
  • MakeMyTrip Ltd.

What percentage of retail is ecommerce in India?

Retail online had gained speed in the last decade. Despite online sales accounting for just three percent of all retail in 2017, the digital commerce sphere was estimated to reach 330 million buyers online by 2020.

How much is ecommerce growing?

Ecommerce hit $408.51 billion, up 21.9% from $335.15 billion in the first two quarters of 2020. Online penetration reached 19.0%, up from 18.2% for the same period last year. Offline sales increased 15.4% year over year.

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Which e-commerce is best in India?

Top 7 e-commerce websites in India

  1. Amazon. Amazon is one of the biggest online stores with a global presence. …
  2. Flipkart. Flipkart is an Indian based e-commerce venture and over the years, it has garnered a lot of interest in the minds of Indian consumers. …
  3. Jabong. …
  4. Snapdeal. …
  5. Myntra. …
  6. Shopclues. …
  7. PayTm.

Which ecommerce platform is best in India?

Which ecommerce platform is best?

  • Shopify: best all-round platform for selling products.
  • Wix: best for building a full-blown website.
  • BigCommerce: best for big businesses and enterprises.
  • Magento: best for shops with technical resources and developers.
  • WooCommerce: best for WordPress websites.

Which is the No 1 eCommerce company in India?

In 2017, the largest e-commerce companies in India were Flipkart, Snapdeal and Amazon. In 2018, Amazon beat Flipkart and was recorded the biggest ecommerce in India in terms of revenue. In 2020, Flipkart heavily outsold Amazon by almost two to one by sales during festive retail season.

Is Amazon an Indian company?

Amazon India is a fully-owned subsidiary of US based e-commerce giant Amazon, Inc. The parent company Amazon was founded in 1994 by Jeff Bezos.

Amazon Development Centre India Pvt Ltd.

2017 Acquired 5% stakes in retail store Shoppers Stop
2017 Bags special recognition Randstad awards for e-commerce