Ecommerce
Explore the latest news, funding, financials, governments policies, sector landscape of ecommerce ecosystem in India
About
India’s ecommerce sector has witnessed remarkable growth over the past decade. The factors that have helped push the envelope range from rising internet penetration and increased adoption of digital payments to shifting consumer behaviour, growing smartphone usage, and the rapid expansion of digital infrastructure.
The Indian ecommerce market is projected to surpass the $400 Bn mark by 2030, fuelled by a growing cohort of over 500 Mn online shoppers.
According to Inc42’s Indian Tech Startup Funding Report 2024, the Indian ecommerce ecosystem has raised more than $18 Bn in 488+ deals between 2014 and 2024.
Overall, ecommerce startups raised $1.5 Bn+ in 2024, registering a 42% year-over-year decline in funding. Despite the decline in total funding, the deal count witnessed a 6% uptick in 2024. B2C ecommerce startups raised $492 Mn, while B2B ecommerce raised $127 Mn out of the total funding.
Meanwhile, M&A activity in the space declined significantly from 25 deals in 2023 to 6 deals in 2024.
This burgeoning space has more than 20 unicorns. Some of the most notable names include Nykaa, Meesho, Flipkart, and boat, just to name a few.
Ecommerce Companies
List of companies in Ecommerce sector
FAQs on Ecommerce
What is the total funding raised by startups in Ecommerce sector?
Companies in the Ecommerce sector have collectively raised a total funding amount of $54.68 billion across 3064 funding rounds.
Which funding round is most common in the Ecommerce sector?
The Late Stage is the most frequent funding stage for companies in the Ecommerce sector, with the majority of deals occurring at this stage.
Which location dominates funding in the Ecommerce sector?
Bengaluru is the top location for funding activity in the Ecommerce sector, attracting significant investor interest.
What is the total acquisition amount in the Ecommerce sector?
Companies in the Ecommerce sector have seen acquisitions worth a total of $19.7 Bn, with Mensa Brands being the top acquirer and Flipkart being the most notable acquisition.
