In this article, we discuss the top 5 emerging companies in India. If you want to read our detailed analysis of the Indian startup culture and the outlook for the Indian economy in 2021 and beyond, go to Top 15 Emerging Companies In India.
Indian e-commerce sector is bustling, and everyone is coming to get their share of the pie. Snapdeal is no other exception. Founded in 2010 as a daily discount website, Snapdeal has grown into a local eBay (NASDAQ: EBAY). After receiving initial funding from venture capitalists and eBay, Snapdeal has become a billion-dollar company valued at $5 billion. The company has, however, been investigated for labor issues as well as for allegedly selling pirated and counterfeit goods through its platform. Still, with an annual revenue grossing $130 million, Snapdeal’s future looks bright and it continues to serve as a reliable e-commerce platform for years to come.