Smartphone adoption in India is growing rapidly. This adoption of smartphones also shows trends toward mobile commerce
The e-commerce sector is massive in India, there are more than 19,000+ e-commerce companies in India. The recent rise in digital literacy has led to attracting large numbers of investors in e-commerce firms. According to a recent IBEF report, India’s e-commerce market is expected to reach US$ 350 billion by 2030.
The Indian e-commerce industry is growing at an exponential rate, here is the list of top e-commerce companies in India :
AJIO (Reliance Retail)
AJIO is a well-known fashion, home, and lifestyle brand in India and worldwide. Ajio is a smart and digital initiative by Reliance Retail to grow along with the growing e-commerce space in India. Ajio launched in 2016, is an Indian eCommerce company headquartered in Bangalore, India. Reliance Retail Limited has nine directors – Venkatachalam Subramaniam, Pankaj Mohan Pawar, and others.
| Operating Revenue | Over INR 500 cr |
| EBITDA | 27.74 % |
| Networth | 19.48 % |
| Debt/Equity Ratio | 1.35 |
| Return on Equity | 16.31 % |
Amazon (Amazon India Ltd)
Amazon started in the US as an online bookstore where customers could purchase books in a variety of subjects. Amazon India Limited is an unlisted public company incorporated on 22 December 1994, based in Delhi. Amazon India Ltd. provides online retail services and you can find everything on Amazon starting from groceries, fashion, and smartphones to laptops. In November amazon.in received 324.2M visitors. Amazon India Limited has three directors – Atul Jain, Perinchery Vasudevanraman Elayath, and others.
| Operating Revenue | Under INR 1 cr |
| EBITDA | 55.33 % |
| Networth | -0.24 % |
| Debt/Equity Ratio | 0.00 |
LimeRoad (A.M. Marketplaces Private Limited)
A.M. Marketplaces Private Limited, which is famously known as Limeroad is one of the Top e-commerce companies in India. The company was incorporated on 07 June 2012, headquartered in Delhi. In 2015, it received the Coolest Start-up of the Year Award. The company has a varied range of products like clothing, footwear, accessories, home and décor products, and kitchen products. A.M. Marketplaces Private Limited has two directors – Ankush Mehra and Suchishree Mukherjee.
| Operating Revenue | INR 1 cr – 100 cr |
| EBITDA | 73.80 % |
| Networth | 36.41 % |
| Debt/Equity Ratio | -1.65 |
| Return on Equity | N/A |
Nykaa (Nykaa E- Retail Private Limited)
Nykaa E- Retail Private Limited, is one of the biggest e-commerce companies for cosmetics. Nykaa, is a well-known online store for cosmetics and beauty items in India, with over three lakhs products from over 2000 national and international brands. The company bought a women’s styling platform, 20Dresses.com, as an expansion to the fashion category. Nykaa E- Retail Private Limited has four directors – Falguni Sanjay Nayar, Pranab Barua, and others.
| Operating Revenue | Over INR 500 cr |
| EBITDA | 3.55 % |
| Networth | 81.87 % |
| Debt/Equity Ratio | 1.90 |
| Return on Equity | 39.51 % |
FirstCry (BrainBees Solutions)
FirstCry is an Indian e-commerce company, headquartered in Pune. The company, launched in 2010, mainly focused on baby products retailing. FirstCry is an online brand that is providing a wide range of products not only for kids but also for mothers. FirstCry is being operated & managed by the company BrainBees Solutions. Brainbees Solutions Private Limited has 13 directors – Bala C Deshpande, Zhooben Dossabhoy Bhiwandiwala, and others.
| Operating Revenue | Over INR 500 cr |
| EBITDA | 145.89 % |
| Networth | 44.64 % |
| Debt/Equity Ratio | 0.00 |
| Return on Equity | 8.03 % |
Snapdeal (Acevector Limited)
Acevector Limited, popularly known as Snapdeal, was incorporated on 12 September, 2007.. It is one of the pioneers in Indian e-commerce industry. The company owns and operates an online shopping site for internet users in India. They have a wide range of products across various categories including mobiles & tablets, computers, office & gaming products. Acevector Limited has eight directors – Akhil Kumar Gupta, Kasaragod Ullas Kamath, and others.
| Operating Revenue | INR 100 cr – 500 cr |
| EBITDA | -228.43 % |
| Networth | -38.23 % |
| Debt/Equity Ratio | 0.00 |
| Return on Equity | -106.44 % |
Shopclues (Clues Network Private Limited)
Clues Network Private Limited, which is known as Shopclues is another leading eCommerce companies in India. Shopclues gives fantastic deals and discounts on a wide range of products from clothing to kitchen appliances and electronics. Clues Network Private Limited has four directors – Shijoon Lee, Kil Hyoung Choi, and others.
| Operating Revenue | INR 100 cr – 500 cr |
| EBITDA | -4.46 % |
| Networth | 22.74 % |
| Debt/Equity Ratio | -1.17 |
| Return on Equity | N/A |
Myntra (Myntra Designs Private Limited)
Myntra Designs Private Limited, commonly called Myntra. Myntra is one of the popular choices in the e-commerce space when it comes to fashion for men, women & kids. The company was incorporated on 16 February 2007, located in Bangalore, Karnataka. Myntra had added 350 Foreign and Indian brands to its platform. Myntra Designs Private Limited has two directors – Santosh Kevlani and Padmakumar Jogendra Pal.
| Operating Revenue | Over INR 500 cr |
| EBITDA | -79.04 % |
| Networth | -594.33 % |
| Debt/Equity Ratio | -0.94 |
| Return on Equity | N/A |
Flipkart (Flipkart India Private Limited)
Flipkart India Private Limited; famously called Flipkart is a private ecommerce online platform. Flipkart India Private Limited offers a wide range of products like fashion, mobile phones, lapotops etc. Flipkart is now owned by Walmart Inc, Flipkart is the biggest competitor of Amazon in India. Flipkart India Private Limited has two directors – Prabhu Balasrinivasan and Yogesh Gupta.
| Operating Revenue | Over INR 500 cr |
| EBITDA | -24.17 % |
| Networth | 106.54 % |
| Debt/Equity Ratio | 0.05 |
| Return on Equity | -32.91 % |
IndiaMART (Indiamart Intermesh Limited)
IndiaMART is India’s largest online B2B marketplace, connecting buyers with suppliers. It is having 60% market share of the online B2B classified space in India. It provides a common platform for manufacturers, suppliers, customers & exporters for the sale of the products. Indiamart Intermesh Limited has six directors – Brijesh Kumar Agrawal, Dinesh Chandra Agarwal, and others.
| Operating Revenue | Over INR 500 cr |
| EBITDA | -6.37 % |
| Networth | 17.04 % |
| Debt/Equity Ratio | 0.00 |
| Return on Equity | 16.37 % |
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