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With its eyes on India's retail market, Flipkart acquired Letsbuy, an online electronics retailer, [26] in 2012, and Myntra, an online fashion retailer, for US$280 million in May 2014. [27] Myntra continues to operate alongside Flipkart as a standalone subsidiary focusing on separate market segments.
As per Goldman Sachs, India's e-commerce industry will reach $99 billion in size while online retail is expected to more than double to around 11% by 2024 from 4.7% in 2019 while increasing at 27% compound annual growth rate (CAGR). The online grocery segment that is below $2 billion will reach $29 billion in size by 2024.
BB Now [9] Website. bigbasket .com. BigBasket is an Indian online grocer headquartered in Bangalore, India, and currently owned by Tata Digital. [1] It was the first online grocer in India, set up in 2011.
Snapdeal is an Indian e-commerce company, based in New Delhi, India. It was founded in February 2010 by Kunal Bahl and Rohit Bansal. Snapdeal is one of the top 10 online marketplaces in India. Snapdeal targets the value e-commerce segment, which Bahl estimated to be three times larger than the branded goods market.
Meesho is an online shopping platform owned by the Indian company Fashnear Technologies Private Limited. It is an online marketplace that facilitates trade between suppliers, resellers and customers, with heavy reliance of external social media platforms such as Facebook and Instagram.
Online shopping is a form of electronic commerce which allows consumers to directly buy goods or services from a seller over the Internet using a web browser or a mobile app.
www .blinkit .com. Blink Commerce Private Limited, d/b/a Blinkit and formerly Grofers, is an Indian quick-commerce service. [5] [6] [7] It was founded in December 2013 and is based out of Gurgaon. [8] [9] Customers of the company use a mobile application to order groceries and essentials online.
Tata CLiQ is the flagship digital commerce initiative of the Tata Group, the India-headquartered global conglomerate with over US$100 billion in annual revenue. [citation needed] See also. E-commerce in India; Online shopping; Retail-Westside, Tanishq, 1mg, Zudio etc. Omnichannel order fulfillment; References
Nykaa sells products which are manufactured in India as well as internationally. In 2015, the company expanded from online-only to an omnichannel model and began selling products apart from beauty. As of 2020, it retails over 2,000 brands and 200,000 products across its platforms.
K Vaitheeswaran. URL. www .indiaplaza .com. Launched. 1999. Current status. inactive. Indiaplaza was an Indian electronic commerce website. [1] It was one of the pioneers in the online shopping space in India.