As dot com technology has influenced the globe marketplace; it has also offered a great platform to several aspiring entrepreneurs. These days having a brilliant and offbeat idea with a PC and a small capital is all that can become your initial tools to venture into the world of e-commerce. This has been deployed by many internet based companies that have enjoyed a huge success. People prefer to shop online, as it is easily accessible with wide range of varieties that can easily be available over the Internet and also offer home delivery as a bonus. In addition, these e-commerce companies also offer several payment options like cash on delivery, free shipping and also comfortable return policies in case the customer is unhappy with the product.
India has its own share of contribution to the e-commerce industry. Have a look at the most influential e-commerce companies headquartered in India that provides most concrete e-commerce solutions, manifesting strong privacy and security policies. Flipkart Website: (www.flipkart.com) Headquartered in Bangalore, Flipkart is one of the most popular and successful Indian e-commerce companies. Sachin Bansal and Binny Bansal established this company in 2007. Initially this company was founded to sell books online, but it diversified its product range and included electronic goods and a variety of other products. It is open to multiple payment mode like debit card, credit card, cash on delivery, e-gift voucher etc. The decision of offering facility of cash-on-delivery proved to be a great revenue booster as other payment options are not that popular in India. Snapdeal Website: (www.snapdeal.com) It is a leading online shopping platform, headquartered in New Delhi, India. It sells various products from categories like apparels, mobiles, fashion accessories, electronics, footwear, home and kitchen, kids, sports, books; and also services like restaurants, entertainment, spas etc. The company was floated in February 2010 by Kunal Bahl – a Wharton Graduate and Rohit Bansal - alumnus of IIT Delhi. This website offer discounted deals with collaboration with local merchants. Myntra Website: (www.myntra.com) Initiated by Mukesh Bansal, Vineet Saxena and Ashutosh Lawania in February 2007, same year as that of Flipkart, this is also one of the most sought after online e-commerce website. All the three founders have been IIT graduates, and have had strong experience of working with startups. Headquartered in Bangalore, the company got funded by several VC firm like IndoUS, Accel Partners and IDG. Primarily focused on fashion and lifestyle products, this retailer platform ventured into the business of personalization of products, but expanded to create several regional offices in Chennai, New Delhi, and Mumbai. Infibeam Website: (www.infibeam.com) It is an internet and e-commerce site offering online retailing marketplace. The company was founded by Vishal Mehta in 2007 who is a MIT Sloan and Cornell alumnus. This website offers books, electronics and lifestyle products. Having a catalogue of 1.2 crore products, it also won the acclamation of amongst “Top 5 Digital Brands” in the e-commerce category. It has the credit of launching India’s first e-book reader under its belt. Dealsandyou Website: (www.dealsandyou.com) It’s a deals website. It helps find the best deal in Indian shopping. Founded in 2010, this e-commerce site provides offers for any one for local service deals on mobile, buffet restaurant, watches, spas and more. It offers discount up to 90%. Such type of shopping is a great experience for the consumers as they get the products and services in discounted cost and the businesses get customers easily. Homeshop18 Website: (www.homeshop18.com) It is an online and on-air retail and distribution initiative of Network 18 Group. Headquartered in Noida, this company was launched in April, 2008 to own India's first 24-hour Home Shopping TV channel, where anchors demonstrated the products on sale live. This initiative of having television channel to market the products, proved to be successful in establishing a foothold in Indian retail due to strong television penetration. This site is equipped with products like wide range of appliances, mobile, laptops, camera, gifts, apparels etc. Yebhi.com Website: (www.yebhi.com) This online retail portal was founded in 2009 by Danish Ahmed and Manmohan Agrawal with headquarters in Gurgaon. It sells a range of products including footwear, clothing, mobiles, electronics and jewelry. Known to be a fashion, lifestyle and electronic retailer, it was initially floated as BigShoeBazaar.com, with a registered customer base of nearly 1.5 million people. Naaptol Website: (www.naaptol.com) Headquartered in Mumbai, Naaptol is a home shopping company selling range of products in categories like apparels, consumer electronics, mobile phones, home furnishing, kitchen appliances etc. Founded by Manu Agrawal, an IIT Kanpur alumnus in January 2008, it was initially established as a price comparison service and product research marketplace. The site features products like mobiles, tablets, home appliances, camera and many more of all the top brands at discounted rates. ShopClues Website – (www.shopclues.com) It is yet another growing online retail website, founded by Sandeep Agarwal, an alumnus of Washington University, and Sanjay Sethi, formal Global Product Head of eBay, in November 2011. It is a growing e-commerce marketplace acting as a platform between buyer and seller. It sells products of more than 12,000 merchants and have a product range of 2,00,000 with over 42 million visitors every year. It accepts payment methods like Net Banking, Credit cards, Debit cards, and Cash Cards. Caratlane Website: (www.caratlane.com) This website is the first online jewelry store in India with a complete range of diamond jewelry designs to offer. Having to offer more than 1,40,000 loose diamonds, and nearly 1000 ready to buy diamond jewelry online that includes pendants, diamond rings, earrings, bangles, bracelets, and gold coins for all budgets and occasions. Validated with BIS hallmarking and certified from international labs like GIA, AGS, IGI, and HRD, the website offers up to 25 percent discount in prices. A great place to pick your favorite jewelry! Most of above e-commerce companies also provide easy payment options including convenient 6 or 12-month EMIs, so that their customers can enjoy ensured delivery anywhere in India. There could be many more online retailers functioning over the internet, but above stated are some of the most popular and widely shopped e-commerce sites. You can add to the list if you have some other names, which this list has missed out!
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