September - 2015 issue > 20 Most Promising e-Commerce Companies   

India, with one of the largest customer base, has a tremendous amount of valiancy to welcome innovative conceptions, products and incipient players in the business world. The country has witnessed the most promising internet revolution through the hands of e-Commerce. With a gargantuan 43 percent CAGR growth rate, Indian e-Commerce regime is growing and is expected to reach $137 billion by 2020. Though this concept of online business is very young compared to ecumenical market, it has seen the companies grow from nothing to reach billion dollar valuation. Amidst slow start and lack of felicitous infrastructure in the beginning of 1991 with the exordium of open market policy, popularity of e-Commerce was in chains thanks to poor internet connectivity. But VSNL’s internet switching to BSNL and preface of private internet service providers (ISPs), online business started booming and eventually e-Booking for travelling tickets propagated.

But with inflation of mobile internet and smartphones in the country, India’s wait for e-Commerce virtually came to a cessation. With deep discount models followed by the e-Commerce startups, (some of which are now members of unicorn club), e-Shopping became popular and now, these companies are household names in India.

Amidst these most popular e-Commerce companies, siliconindia has apperceived “20 Most Promising e-Commerce Companies”. An expert board of industry’s most reverenced CIOs, CEOs, HR Managers, and industry analysts including siliconindia’s editorial board scrutinized the list of companies. Considering every aspect – product variety, product quality, customer service, distribution, ease of payment, and discounts of India’s e-Commerce industry, this panel of connoisseurs distinguished these ventures that have made perpetual headlines in the most reputed publications. These companies have not only blanched the progress of upcoming startups with its achievements, but additionally have paved the path for bellwethers of different verticals to invest and grow alone, or with the startups and companies that are creating history today.