You may connect with buyers from all across the country by selling items on marketplaces. Marketplaces are the quickest and least expensive way to get your E-commerce business up and running if you are new to the industry and do not yet have a website. Here we learn about the top eCommerce Companies in India.
An online marketplace is an e-commerce platform that allows merchants and customers to trade items and services. It’s also known as an electronic marketplace, and all transactions are handled by the website’s proprietor. Anyone can use online marketplaces to interact with potential customers who are interested in buying their goods.
Furthermore, both types of vendors benefit from internet selling. One who already has a brick-and-mortar store and the other who solely wants to sell online.
It should be noted that in order to sell products on Indian internet marketplaces, a seller must submit certain documentation. GSTIN/TIN, PAN Card, and bank account proof, such as a voided check, are the most common.
Flipkart is the biggest Indian marketplace to sell online. Flipkart is possibly the top eCommerce Companies in India which was established in the year 2009. Flipkart, which began as a multi-vendor bookstore, now sells practically everything, much like Amazon.
The projected monthly visitor volume on Flipkart is 200 million. Flipkart’s multi-vendor marketplace features over a million registered merchants selling a variety of electronics, clothes, appliances, furniture, books, and other items.
Online shopping in India is synonymous with Amazon shopping. Amazon is predicted to have 320 million monthly visits, with more than 78 percent of online shoppers trusting the company. Along with selling gadgets, appliances, consumables, and clothing, they also sell a variety of other items. Amazon also sells things under its own brand, as well as digital services such as Amazon Prime and popular devices like Alexa and Echo.
Amazon launched operations in India in 2013. It has provided fierce competition for other marketplaces since its inception and has risen to become India’s largest online marketplace.
Amazon caters to both retail and wholesale consumers and known for fast delivery and hence it’s 2nd in the list of top eCommerce Companies in India.
Snapdeal is an Indian online marketplace that connects suppliers and customers for life-changing experiences. It’s a well-known e-commerce player who, as previously stated, is in charge of the websites. You can start selling on Snapdeal after finishing the registration process. Professional cataloguing and account management services are offered to assist you in promptly launching your listings.
With over 120,000 regional, national, and international brands and sellers selling 32 million+ items in 700+ categories, it is India’s largest online marketplace. Snapdeal is India’s leading online shopping destination, delivering to over 30K cities and towns and boasting millions of customers and over 3 lakh suppliers. Every month, Snapdeal attracts over 20 Million users traffic to its website.
Meesho is a reselling platform that allows small businesses and retailers to sell products online on their own terms. It was founded in 2015 by IIT graduates Sanjeev Barnwal and Vidit Aatrey. Meta (Facebook) decided to invest in Meesho as a result of its success.
Meesho sells directly to customers as well as to resellers. Suppliers advertise their products at wholesale prices, allowing resellers to make a profit while also promoting Meesho products on social media.
To supply high-quality items via the app, they exclusively work with well-known vendors. Meesho handles the shipping and delivery for you, and it’s all completely free. Resellers don’t have to worry about shipping or logistics because Meesho works with trustworthy logistics partners. Furthermore, this service is entirely free.
In comparison to other resellers, Meesho Resellers have a competitive advantage. To gain more confidence and improve their customer base, they provide free Cash on Delivery.
Simple and easy returns/exchanges at no extra cost are another one-of-a-kind Meesho feature.
With over 400 brick-and-mortar outlets across the country, including Mumbai, Bangalore, Hyderabad, Chennai, Kolkata, and other major cities, FirstCry is Asia’s most renowned eCommerce portal focusing in goods for babies and children up to early adolescence. As of 2022, their website lists over 200,000 goods from 5000+ producers.
Shopee is Southeast Asia’s and Taiwan’s most popular e-commerce site.
It is a platform designed for the region, launched in 2015, that offers clients a simple, secure, and quick online shopping experience through robust payment and fulfilment support.
We think that internet buying should be simple, entertaining, and accessible. This is the vision Shopee strives to achieve every day on the platform.
Shopee launched in India in mid-2021, and the platform has seen enormous growth since then, whether in terms of website views, seller registration, or product collecting. Shoppe now has 5.3 million monthly visitors in January 2022, with a monthly growth rate of 60%.
Myntra is another local pure-play ecommerce platform that focuses on fashion, leisure, and home goods. It was purchased by Flipkart in 2014 and remains the preferred fashion destination for online shoppers in metros, tier 2 and tier 3 cities.
Around 65 million people visit Myntra each month. Through its sellers and wholesalers, Myntra offers a wide range of products, including menswear, womenswear, ethnic clothes, kidswear, beauty products and fashion brands, and home and living.
Paytm is an Indian mobile commerce platform that offers services such as recharge, payments, travel, shopping, movies, and in-store purchase using QR codes, among other things. With about 10 crores active clients, free listing, easy registration, excellent assistance, and a speedy payment cycle, it’s a good place for merchants to offer their products, but they must pay commission on every sale.
Paytm’s cashback and promotions set it apart from other marketplaces.
Nykaa is another Indian-founded company that defied expectations by starting as an e-commerce platform and then expanding to a physical facility in the Indira Gandhi International Airport in 2015.
Nykaa began as an online store selling beauty products in areas such as cosmetics, skin, hair, appliances, personal care, fragrance, and LUXE when it was founded in 2012. In recent years, the brand has broadened its offerings by bringing on new companies and launching its own cosmetics and beauty line.
Electronics, Fashion, Footwear, and Accessories are some of the categories in which Tata CLiQ works.
Tata CLiQ, the e-commerce platform of the Tata Group, has recently launched Tata CLiQ Luxury, a premium and luxury fashion and leisure destination with a wide choice of garments and accessories for men and women from luxury and bridge-to-luxury brands. Domestic brands like Croma, Zudio, and Okhai are also available exclusively through TataCLiQ. (besides their own websites).
Every seller that partners with TataCLiQ for ‘phygital’ commerce must register all of their stores on the company’s website. This allows orders to be routed to the store closest to the consumer and shipped directly from there. The bulk of online orders will have shorter delivery times as a result of this.