List of eCommerce companies in India
As of 2013, India has 154 million[1] Internet users, which are growing at a very fast rate. This has given birth to e-commerce sector where people can do shopping online without visiting their nearest shop. The ease, convenience, a variety of products, accessibility of Internet on mobile phone, COD[2] and safety in accepting payment over the internet has increased the growth of online shopping. As per Assocham-Pricewaterhouse Coopers study,[3] the Indian e-commerce sector is growing as a rate of 35% and will touch mark of $100 billion in next five years. This growth prospect has attracted many new local entrepreneurs and global investor to come together with startups to create healthy competitions.[citation needed]
India has an Internet user base of about 354 million as of June 2015. Despite being the second-largest user base in world, only behind China (650 million, 48% of population), the penetration of e-commerce is low compared to markets like the United States (266 million, 84%), or France (54 M, 81%), but is growing at an unprecedented rate, adding around 6 million new entrants every month. The industry consensus is that growth is at an inflection point.[citation needed]
Notable e-commerce companies in India[edit]
- American Swan
- Bata Shoes
- Bro4u
- Biba Apparels
- Flipkart
- HealthKart
- Infibeam
- Instamojo
- InteriorsInfo
- IRCTC
- Jabong
- MobiKwik
- Myntra
- Ola Cabs
- Paytm
- Snapdeal
- ShopClues
- Voonik
- Zomato
References[edit]
- ↑ "Statistics and facts on internet usage in India". www.statista.com. Retrieved 10 October 2015.
- ↑ "Cash-on-delivery: Necessary Evil". Business Today. Retrieved 16 February 2014.
- ↑ "Indian eCommerce industry to post 35% growth: Study". TimesofIndia. TimesofIndia. Retrieved 6 September 2015.
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