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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.
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.
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.
A U.S. lobby group representing tech giants Google, Amazon and Apple has asked India to rethink its proposed EU-like competition law, arguing regulations against data use and preferential ...
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.
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.
Pepperfry Limited, formerly known as Pepperfry, is an Indian online marketplace for furniture and home décor. [3] The company was founded in July 2011 by Ambareesh Murty and Ashish Shah, and is headquartered in Mumbai. [4] As of 2023, Pepperfry has 43 company-owned studios and 142 studios operating under its franchise model.
Shopsy is a zero-commission marketplace model for sellers in India. It is a digital commerce initiative by Flipkart, the Bengaluru -headquartered and Walmart-owned e-commerce company with over US$7.7 billion in annual revenue (FY 2022).
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