20 November, 2015

15 top-funded ecommerce startups in India this year – with a few surprises (INFOGRAPHIC)

Ecommerce accounted for nearly half of the US$6.4 billion of funding in Indian startups in the first three quarters of 2015. It continues last year’s trend when India had its first billion dollar funding round in Flipkart, followed by nearly two-thirds of a billion dollars invested in Snapdeal.
After Japan’s SoftBank came in with bagfuls of cash for Snapdeal last year, it was Alibaba’s turn to make its move in early 2015, and what a surprise it was. The horse it backed in India’s ecommerce race is none other than the nimble Paytm. Later in the year, it also betted on Snapdeal for a two-pronged proxy war against its global rival Amazon on Indian turf.
Now let’s take a closer look at the 15 top ecommerce players in India, ranked by the funding they received this year, according to data from venture capital analytics firm Tracxn.