Here is a list of the top 10 eCommerce companies in India 2015 based on GMV (Gross Merchandise Value). E-commerce deals with selling and purchasing of various types of merchandise, or transferring of funds, through electronic platforms, mainly the internet. The e-commerce market in India is estimated to be $ 16 billion in 2015. With the fast-growing number of mobile phone and internet users, the e-commerce industry is expected to reach a $100 billion mark by 2020. In order to measure the value of goods sold on a site, e-commerce platforms use the term “Gross Merchandise Value” or GMV. GMV is defined as the value of goods sold on a website, but it does not account for discounts/offers available. It has become the key metric for valuation of e-commerce companies. Actual revenues for online marketplaces are a small fraction of the GMV.
10. Urban Ladder
UrbanLadder is a top e-commerce company in India which specialises in furniture like sofas, dining tables, beds and other home furnishings.
Urban Ladder is present in many Indian cities, and was launched in 2012. It has had multiple rounds of funding which has helped the brand grow significantly. Such was an impact of the company that it was also recognised as a Best Digital Start-Up. It has also started new practices in the industry based on trials of sofas in customers home.