The E-commerce industry is witnessing an exponential growth worldwide, the Indian e-commerce market is not very old but seems to touch $84 billion this year (2021). This growth can be subjected to the deep internet penetration in India which made e-commerce businesses accessible to a lot of people. In this industry, it is estimated that India can surpass USA in early future. The rapid growth of this industry is changing the way we do business and is presenting the market with newer ways of business aspect. Drawing on this sudden change, many startups are coming up with great ideas to be a part of this digital revolution. They are switching to digital ways of doing business from the traditional ways which gives them more wings to grow their business.
Top 10 e-commerce startups in India that have made a great value for their customers as well as for them also are listed down here.
1mg was founded in 2015 by three entrepreneurs; Prashant Tandon(CEO), Gaurav Agarwal and Vikas Chauhan. It is an online platform where a user can have solutions to almost every medical problem. Like; medicines, lab tests, and consulting with doctors.
2Gud was founded in 2018 by two co-founders; Sachin Bansal and Binny Bansal. It sells used and restored electronic and auxiliary products. Nowadays, its CEO is Piyush Jain.
Nykaa was founded in 2012 by Falguni Nayarwho is also the CEO of this company. It deals in beauty and personal care products for females only. It is mainly known for its fast delivery and quality of products.
UDAAN was founded in 2016 by Sujeet Kumar who is CEO of this company, Vaibhav Gupta and Amod Malviya. This is a B2B platform where wholesaler and a retailer can connect with each other and can have profit by increase in sale and by getting better price of products relatively.
- Paytm Mall
Paytm Mall was founded in 2016 by Vijay Shekhar Sharma who is also CEO of this company. This company deals in Home Decor, Bags, Shoes & Clothing for Men & Women.
Zerodha was started in 2010 by an Indian stock broker Nithin Kamatha who is also the CEO of this company. It works as a mediator in stock trading with zero brokerage charges on equity delivery investment and almost 0.03% charges on intraday trading.
ZoomCar was started in 2012 by two co-founders Greg Moran (who is also the CEO of this company) and David Back. This company deals in rental cars, you can carry their cars daily, weekendly or on weekdays.
- Whitehat Jr.
Whitehat Jr was started in 2018 by Karan Bajaj who is also the CEO of this company. It is an online platform where an individual can learn programming languages with no eligibility criteria.
Beardo has two co-founders Ashutosh Valani and Priyank Shah. It was started in 2015. This company deals in men grooming and personal care products. Currently Sujot Malhotra is the CEO of this company.
Lenskart was started in 2010 by three co-founders; Peyush Bansal (who is the CEO of this company), Amit Chaudhary and Sumeet Kapahi. This company deals in eyeglasses, sunglasses, and contact lenses across India.