List of eCommerce companies in India

eCommerce Growth In India

As of 2013 India has 154 million[1] internet users, which are growing as very fast rate. This has given birth to eCommerce 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 tremendously increased the growth of online shopping. As per Assocham-Pricewaterhouse Coopers study,[3] the Indian eCommerce 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.

India has an internet user base of about 354 million as of June 2015. Despite being the second largest userbase 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 M, 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.

Notable eCommerce companies in India

References

  1. ↑ "Statistics and facts on internet usage in India". http://www.statista.com. Retrieved 10 October 2015. External link in |website= (help)
  2. ↑ "Cash-on-delivery: Necessary Evil". Business Today. Retrieved 16 February 2014.
  3. ↑ "Indian eCommerce industry to post 35% growth: Study". TimesofIndia. TimesofIndia. Retrieved 6 September 2015.
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