E-commerce Industry in India

Flipkart Internet Pvt Ltd

Flipkart was founded in October 2007 by Sachin Bansal and Binny Bansal. It is one of India’s leading E-commerce marketplaces and is headquartered in Bengaluru. The company initially started as an online bookstore. Later, it also started selling other items such as movies and mobile phones. Now the company offers more than 80 million products spread across more than 80 categories. It has the capacity to delivery eight million shipments per month. 

Flipkart Group raised an additional US$ 1.2 billion from Walmart-led investor group in July 2020. Its valuation has reached US$ 24.9 billion post equity round. Flipkart has pledged to completely transition to Electric Vehicles (EVs) by 2030 across its E-commerce value chain by partnering with Climate Group’s global electric mobility initiative, EV100.

Company Website

One97 Communications Ltd. (Paytm)

Paytm, One97's flagship brand, is India's largest digital goods and mobile commerce platform - inspired and driven by a commitment to great consumer experience. Paytm is also a leading payment solutions provider to E-commerce merchants through its RBI approved semi-closed wallet. One97 delivers mobile content and commerce services to millions of mobile consumers through India’s most widely deployed telecom applications cloud platform. Headquartered in New Delhi, One97 is more than 4,500 people strong with regional offices in Mumbai, Bengaluru, Pune, Chennai and Kolkata and global presence across Africa, Europe, Middle East, and Southeast Asia.

Company Website

Infibeam Avenues Limited

Infibeam Avenues Limited (IAL) was incorporated on June 30, 2010, at Ahmedabad, Gujarat as a public limited company under the Companies Act 1956. It’s an E-commerce company focused on developing an integrated and synergistic E-commerce business model. The company owns and operates the Infibeam BuildaBazaar (BaB) E-commerce marketplace which provides cloud-based modular and customizable digital solutions and other value-added services to enable merchants to set up online storefronts. As part of the integrated E-commerce ecosystem, it operates Infibeam.com, a multi-category E-retail website. The company’s integrated business model enables it to provide comprehensive multi-channel and multiscreen value-added services to merchants.

Company Website