India number 3 on list of nations with most well-funded e-commerce companies

India is at number 3, after the US and China, with the most number of well-funded (more than $100 million) e-commerce companies in the world, according to a report by CB Insights. 

Image Courtesy: CB Insights

With 10 companies that have received more than $100 million (approximately Rs 665.27 crore) in funding, India’s share in the top global e-commerce companies stands at 14%. The US contributes 36% to the chunk and China 29%. 

These include Flipkart, Snapdeal, Quickr, Shopclues, CarTrade, Paytm, Pepperfry, Lenskart, Naaptol, and FirstCry. 

However, India trumps the US if the total amount...

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By: DNA India - 6 days ago

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