India E-Commerce Market Share

Market Share of India E-Commerce Industry

In India, the competition in the e-commerce market has increased as the customer's adoption of online sales channels has grown. An increase aids this growth in internet penetration. Brands such as Amazon, Flipkart, and many more expand their reach by providing customer-centric services that enhance customers' online shopping experience.

• September 2023 - Walmart has spent USD 3.5 billion this year to increase its stake in the Indian business Flipkart to 80.5%, underlining the aggressive bets the United States-based retailer is making in the country, which it counts as one of its key markets. 
• August 2023 -Walmart opens a new tab. It has paid USD 1.4 billion to buy out hedge fund Tiger Global's investment in its Indian e-commerce firm Flipkart and acquired private equity firm Accel's remaining 1% stake.

India E-Commerce Market Leaders

1. Amazon.com, Inc.

2. Flipkart Private Limited

3. eBay, Inc.

4. Alibaba Group Holding Limited

5. FSN E-Commerce Ventures Limited (Nykaa)

*Disclaimer: Major Players sorted in no particular order