The Silicon Valley of India, Bangalore, is a hotspot for businesses and has seen a remarkable surge in e-commerce companies over the past few years. E-commerce companies are digital marketplaces that have transformed the way we shop, work and live. This convenience has led to a booming e-commerce industry, attracting shoppers from all walks of life.
This surge in e-commerce has had a significant impact on the real estate market in Bangalore. Since these companies require large storage spaces, it has increased the demand for the construction of warehouses and commercial spaces in and around Bangalore. Hence, the rise of e-commerce in Bangalore has not only made shopping more convenient but has also reshaped the city’s real estate landscape. Let’s take a quick look at the E-commerce companies in Bangalore and how these industry giants have reframed the real estate of the city.
See also: Top fintech companies in Bangalore
Business landscape in Bangalore
With a thriving startup ecosystem, global tech giants, diverse industries, top-notch educational institutions and a great work-life balance, Bangalore offers an ideal business landscape. Its dynamic blend of talent, infrastructure and quality of life makes Bangalore a magnet for entrepreneurs and professionals, contributing to its continued growth and prominence in the business world.
List of top e-commerce companies in Bangalore
Flipkart
Industry: E-Commerce
Company Type: MNC
Location: Bellandur, Bengaluru, Karnataka 560103
Founding year: 2007
Flipkart Group, founded in 2007, is a leading e-commerce company in India. It has over 450 million customers and offers 80+ categories of products. The company has more than 11 lakh sellers supporting small businesses. It offers multiple payment services like COD, no-cost EMI and online payments with easy returns.
Amazon India
Industry: E-Commerce
Company Type: MNC
Location: Ali Asker Road, Bangalore – 560 052
Founding year: 2013
Amazon India, established in June 2013, is a subsidiary of the US-based e-commerce giant Amazon, Inc., founded by Jeff Bezos in 1994. In a short span, Amazon India has become a significant player in the Indian e-commerce arena, offering a wide range of products across categories such as electronics, fashion, books and more. With millions of products and registered users, Amazon India operates a Global Store for US-sourced goods and has over 20,000 Indian sellers and 41 fulfilment centres across 13 states. While Amazon has acquired various companies worldwide, its strategy in India has involved acquisitions like Emvantage Payments.
Ajio
Industry: E-Commerce
Company Type: Industry Top
Location: BTM Layout, Bangalore – 560068
Founding year: 2016
Ajio, a prominent retail brand in India, is an e-commerce initiative by Reliance Retail Limited. Ajio offers an extensive range of handpicked fashion styles for women, men and kids, encompassing clothing, footwear, accessories and electronics. The platform provides multiple payment options, including debit/credit cards, cash on delivery, net banking and AJIO Wallet. It offers international label brands, a diverse collection of indie and ethnic wear, and various discounts and coupons for cost-effective shopping.
Meesho
Industry: E-Commerce
Company Type: Industry Top
Location: Intermediate Ring Rd, Bangalore – 560 047
Founding year: 2015
Meesho, an innovative online reseller platform, has gained popularity for simplifying online reselling and shopping in India. Founded in 2015 by Sanjeev Barnwal and Vidit Aatrey, Meesho quickly became a unicorn, reaching a valuation of $1 billion within five years. It empowers more than 13 million entrepreneurs, with a focus on women, to start online businesses by reselling its products through platforms like WhatsApp and social media.
Myntra
Industry: E-Commerce
Company Type: Industry Top
Location: Varthur Hobli, Bengaluru – 560103
Founding year: 2007
Myntra is a prominent Indian fashion e-commerce company specialising in clothing, apparel, footwear and beauty products. Founded in 2007 by Mukesh Bansal, Ashutosh Lawania, and Vineet Saxena, it became a subsidiary of Flipkart in May 2014. Myntra offers a wide range of internet-based services, allowing users to purchase original products from various fashion and lifestyle brands. Payment methods include UPI, net banking, credit cards, debit cards and cash on delivery. The company has well-defined policies for returns, exchanges, shipping and order cancellations, prioritising user convenience.
Bazaarvoice
Industry: E-Commerce, SaaS
Sub Industry: Advertising
Company Type: SME
Location: Bellandur, Bengaluru, Karnataka 560103
Founding year: 2005
Established in 2005, Bazaarvoice is an Austin, Texas-based company. It connects brands and retailers with customer voices using advanced technology. Its UGC platform serves over 12,000 brand and retail websites, with more than a billion shoppers. It offers a wide range of products such as electronics, packaged goods, food and beverage, health and beauty and home improvement. Bazaarvoice provides solutions to collect content, drive revenue, scale brands and provide actionable insights to businesses.
Rakuten
Industry: Information Technology (IT), Data Analytics, AI, Robotics, IoT, E-Commerce
Sub Industry: IT – Cloud Computing, Datacenter, Networking, Security
Company Type: MNC
Location: S.R Nagar, Bengaluru, Karnataka 560027
Founding year: 1997
Rakuten started as a B2B2C marketplace. Rakuten India was established in 2016 in Bangalore. It is a development centre and a technology hub for the Rakuten Group. It specialises in areas like mobile and web development, web analytics, data science, machine learning and much more. With over 1000+ employees, Rakuten serves sectors like e-commerce, digital, marketing platforms and ecosystem services.
Commercial real estate demand in Bangalore
Office space: The growing tech industry and startup culture have led to a significant demand for office spaces in Bangalore. Many companies, both large and small, are looking for modern and well-equipped offices to accommodate their growing teams.
Rental property: The city’s status as an IT hub has attracted a large population of professionals who prefer to rent homes. This has increased the demand for rental properties, from apartments to houses, in various parts of Bangalore.
The demand for commercial real estate has had a positive impact on the city’s economy. It has led to the development of new office complexes, co-working spaces, and residential properties. It has also contributed to job creation and overall economic growth in Bangalore.
Impact of the e-commerce industry on Bangalore
E-commerce companies have made a big impact on Bangalore. They’ve created many jobs and boosted the city’s economy. Warehouses and delivery centres have sprouted up, increasing the demand for real estate. The convenience of online shopping has changed how people buy things, and this has led to more businesses starting up. Bangalore has become a hub for e-commerce, making it an even busier and more exciting place to live and work.
FAQs
Which is the popular e-commerce company headquartered in Bangalore?
Flipkart, among many others, is the most popular e-commerce company in Bangalore.
What are the six types of e-commerce?
B2B B2C C2C C2B B2A C2A
How does e-commerce work?
E-commerce works like online shopping. You visit a website or app, pick what you want to buy, add it to your cart, and pay online. The store then delivers the items to your doorstep. It's like having a virtual mall on your computer or phone where you can shop 24/7.
Is it good to invest in e-commerce?
Absolutely, investments in e-commerce can give a profitable revenue in the short to medium run. Many areas of the industry have great potential for prominent growth in the near future.
How do I start my own e-commerce website?
To start e-commerce, first, pick what you want to sell, create a business plan, and register your business. Then, build a website, add products, set up payment and shipping options, and market your store. Once it's up and running, manage orders, track finances, and aim to grow your online business over time.
Does the e-commerce industry have a future?
Absolutely, e-commerce has a very bright future since the industry is already thriving worldwide. More and more people are starting to prefer online shopping, so businesses are investing in it.
Is it free to start an e-commerce site?
E-commerce platforms are free, but one has to pay for a domain, web hosting, payment processing fees, and other extension costs.
Is e-commerce a high-risk business?
E-commerce can have risks like fraud and competition, but with good strategies, it can be managed effectively.
What is the role of e-commerce in real estate?
E-commerce can help in real estate by making it easier to buy, sell, or rent properties online. It provides platforms for listing properties, virtual tours, and secure transactions, making real estate processes more accessible and efficient.
What are the local challenges in e-commerce?
Local challenges in e-commerce can include limited internet access, logistics and delivery issues, payment methods, and competition with traditional stores.
| Got any questions or point of view on our article? We would love to hear from you. Write to our Editor-in-Chief Jhumur Ghosh at jhumur.ghosh1@housing.com |
