Company lists
The India edition · 2026

B2b e-commercecompanies in India

Marketplaces, e-commerce software, industrial & construction, food & agri, fashion & jewellery and more: the companies building b2b e-commerce in India, with their founders, funding, team size and business models.

1,646 company profiles542 with reported revenue204 with recorded fundingSeptember 2026 edition
India · Photo: Wikimedia Commons (CC BY-SA 4.0)

Recent b2b e-commerce business events in India

Funding, M&A, contract wins and launches involving 2,535 b2b e-commerce companies in India, last 24 months: 44 funding rounds · 28 M&A deals · 23 Contracts · 10 launches. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: May 2026.

Launch40% discount promotion (code FUTURE)

Tradeify

Tradeify, a U.S.-based proprietary trading firm specializing in futures markets, today announced the return of its flagship 40% discount across all funded account programs.

Promotional discount
M&AAcquisition · Announced

JSW One Platforms acquires BuildNext Construction Solutions

IPO-bound B2B marketplace JSW One Platforms has acquired Pidilite Ventures-backed proptech startup BuildNext Construction Solutions as it looks to expand its presence in India's…

Proptech
M&AAcquisition · Completed

Jsw one acquires Buildnext

JSW One Platforms Limited, the e-commerce arm of the $24 billion JSW Group, has concluded the acquisition of tech-enabled construction startup BuildNext.

Tech-enabled construction
ContractSupply

Capacit’e Infraprojects · client: Arisinfra Solutions

ArisInfra Solutions has signed a five-year procurement deal with Capacit’e Infraprojects to source construction materials worth ₹800 crore via its platform, marking one of the sector’s…

Construction
ContractSupply

Arisinfra Solutions · client: Capacit’e Infraprojects Limited

Arisinfra Solutions Limited said on Monday, April 13, that it has signed a memorandum of understanding with Capacit’e Infraprojects Limited for the procurement of construction and…

Infrastructure, commercial, real estate
ContractSupply

Arisinfra Solutions · client: Capacité Infraprojects

ARISINFRA Solutions Limited has signed a Memorandum of Understanding with Capacité Infraprojects to channel ₹800 Crore worth of material procurement through its platform over five years.

Construction Materials Procurement
M&AAcquisition · Announced

Fashinza acquires Qckin

Fashion supply chain platform Fashinza has acquired Qckin, a manufacturing‑focused design‑to‑delivery startup.

Design-to-delivery startup
FundingPre-Seed

Thread Factory

"Thread Factory raised $150,000 in a pre-Seed round,"

Investors Na
Fashion
M&AAcquisition · Announced

Curebay acquires Saveo

Rural healthtech startup CureBay has acquired the pharmaceuticals distribution business of B2B health marketplace Saveo.

B2B health marketplace
FundingDebt financing

Captain fresh

Indian seafood startup Captain Fresh has secured ₹290 crore in debt financing from Swiss investment firm Blue Earth Capital.

Seafood
M&AAcquisition · Completed

Captain fresh acquires Frime

Captain Fresh has completed the acquisition of Spain based tuna processor Frime. The deal strengthens its presence across key global seafood categories.

Seafood
Contract

ABB Robotics · client: ABB India

On March 1, 2026 at 11.51 pm, ABB India executed a Business Transfer Agreement (BTA) with ABB Robotics India Private Limited for the transfer of its Robotics Business.

ContractService

Exmar · client: Rdp

EXMAR will be leasing and operating the LNG floating storage and offloading unit (FSU) to RDP for a firm period of 5 years, with additional options to extend.

Energy
M&AAcquisition · Rumored

Apparel group acquires Baccarose

Mumbai: Dubai-based Apparel Group is in exploratory talks to acquire a stake in Baccarose, which distributes global premium fragrance, skincare and cosmetics brands in India and operates…

Beauty & Luxury Brand Distribution
FundingEquity

Reshamandi

B2B natural fibres marketplace Reshamandi, for example, was not able to figure out its unit economics and had to scale down considerably in 2024 after raising $40 Mn+ in equity funding.

Investors Na
Marketplace
M&AMerger · Announced

Amazon seller services acquires Amazon Transportation Services (ATSPL)

4 months ago The National Company Law Tribunal (NCLT) has allowed the merger of Amazon Transportation Services (ATSPL) with Amazon Seller Services (ASSPL), paving the way for the local…

Logistics
M&AAcquisition · Completed

Hiveloop ECommerce Pvt Ltd (HEPL) acquires Shopkirana

Info Edge, the parent company of Naukri.com, Jeevansathi.com, 99acres and Shiksha, on Friday announced that it has completed the transfer of its entire stake in its associate company…

LaunchACS380-E

ABB India

ABB India has launched the ACS380-E drive, the latest addition to its all-compatible drive portfolio.

Drive
ContractSupply

Cosmic pv power · client: Zetwerk Manufacturing Businesses

Solar panel manufacturer Cosmic PV Power Ltd has announced that the company has secured orders worth about INR 600 crore from Zetwerk Manufacturing Businesses for the supply of solar…

Solar Energy
LaunchRivexa cross‑border trade payment solution

Mjunction Services

rivexa by mjunction Services Limited has introduced a seamless cross‑border trade payment solution to streamline global financial frameworks for Indian exporters registered on the platform

Financial services
FundingInvoice discounting

Zetwerk Manufacturing Businesses

Zetwerk Manufacturing Businesses Private Limited ( ₹150 crore)

Investors 25 prominent family offices
Manufacturing
Launch

Hyperpure

Moreover, Hyperpure aims to target home bakers, caterers, street-food vendors, and small party-supply providers to expand its customer base beyond restaurants, hotels, cloud kitchens,…

M&AAcquisition · Completed

Printo acquires The Print Bazaar

Printo has acquired 100% of The Print Bazaar, a multi-service print shop in the NCR region, from the Alia Group.

Printing
Funding

Stackbox

Meanwhile, logistics tech startup Stackbox secured $4M to speed up product development and expand further across Southeast Asia, while strengthening operations in India.

Logistics tech
Funding

ABB India

In the September quarter of 2025, SBI Group, through SBI Pension Fund Scheme E, acquired a fresh stake of 1 percent in ABB India Limited.

Investors SBI Pension Fund Scheme E
Funding

Mad Over Buildings

In a move to bridge critical gaps in India’s construction supply chain, Tattva, the Corporate Venture Capital (CVC) arm of Somany Impresa Group (home to Hindware), today announced a…

Investors Tattva
Building materials

B2b e-commerce companies in India, by revenue

Browse b2b e-commerce companies in India by reported revenue, one-year revenue growth, revenue model, age and stage. The 50 companies below are the largest by their most recent reported revenue among 542 b2b e-commerce companies in India that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.

Showing 25 of 50

Provider of an online platform for raw materials procurement and credit

Construction tech
₹22,498.72 crFY 2024-25
+15%2024–2025
1,144+12% 12 mo to Sep 2024LinkedIn · Jul 2026
11 yr2015
2postings · last posted Jul 2026

Provider of diverse building and construction materials for project lifecycles

Construction tech
₹18,555.78 crFY 2024-25
+26%2024–2025
1,945+132% vs previous recordLinkedIn · Jul 2026
10 yr2016
0none in 3 months · last posted May 2026

Manufacturing platform that connects businesses with a global network of suppliers for custom production

B2b e-commerce
₹12,980.67 crFY 2024-25
-11%2024–2025
2,342-91% 12 mo to Mar 2023LinkedIn · Jul 2026
8 yr2018
4postings · last posted Sep 2026

Provider of FMCG product distribution and Amazon seller onboarding services

B2b e-commerce
₹6,912.81 crFY 2024-25
+18%2024–2025
225LinkedIn · Jul 2026
5 yr2021
1postings · last posted Jul 2026

Provider of building material procurement solutions

Construction tech
₹5,936.37 crFY 2024-25
+119%2024–2025
97+288% 12 mo to Sep 2024LinkedIn · Jul 2026
3 yr2023
0none in 3 months

B2B e-commerce platform for wholesale trade and distribution

B2b e-commerce
₹4,561.40 crFY 2024-25
-20%2024–2025
10,700-23% 12 mo to Aug 2024LinkedIn · Jul 2026
10 yr2016
0none in 3 months

Online retailer of TMT, steel HR coil, and cement products

Manufacturing tech
₹3,983.39 crFY 2024-25
+180%2024–2025
912-63% 12 mo to Sep 2024LinkedIn · Jul 2026
6 yr2020
0none in 3 months

Digital first seafood supply chain platform

Aquaculture tech
₹3,465.86 crFY 2024-25
+144%2024–2025
406-39% 12 mo to Sep 2024LinkedIn · Jul 2026
7 yr2019
0none in 3 months

Provider of digital infrastructure, market linkages, and financial capital for food enterprises

Online grocery
₹1,971.59 crFY 2024-25
+45%2024–2025
710-14% 12 mo to Sep 2024LinkedIn · Jul 2026
11 yr2015
0none in 3 months

Provider of software suite solutions for B2B

E-commerce enablers
₹1,801.47 crFY 2024-25
Not reported
185LinkedIn · Jul 2026
34 yr1992
1postings · last posted Jul 2026

B2B marketplace platform connecting buyers and suppliers offering diverse industrial products

B2b e-commerce
₹1,660.76 crFY 2024-25
+18%2024–2025
3,592+3891% vs previous recordrecorded
27 yr1999
—No postings tracked

Online B2B platform to buy groceries

Online grocery
₹1,572.88 crFY 2023-24
Not reported
8+0% 12 mo to Jun 2024LinkedIn · Jul 2026
8 yr2018
0none in 3 months

Provider of certified, non-certified, and rough diamonds for jewelers and traders

B2b e-commerce
₹1,382.42 crFY 2021-22
Not reported
—Not available
16 yr2010
0none in 3 months

B2B platform for metal sourcing, recycling, contract manufacturing, and financing

Manufacturing tech
₹1,331.87 crFY 2024-25
+67%2024–2025
171LinkedIn · Jul 2026
5 yr2021
0none in 3 months

Provider of food supply chain management and farming solutions

Crop tech
₹1,261.82 crFY 2022-23
Not reported
937-64% 12 mo to Aug 2024LinkedIn · Jul 2026
11 yr2015
0none in 3 months

Online marketplace for medical supplies, equipment, and devices catering to healthcare providers

Healthcare it
₹1,311.59 crFY 2024-25
-7%2024–2025
654-26% 12 mo to Sep 2024LinkedIn · Jul 2026
12 yr2014
2postings · last posted Sep 2026

Distributor of industrial goods and commercial products

Industrial automation equipment
₹1,147.97 crFY 2022-23
Not reported
909+25% 12 mo to Jul 2024recorded Jul 2024
48 yr1978
12postings · last posted Aug 2026

Provider of tech-based logistics assistance solutions for rural retailers

Rural ecommerce
₹1,122.34 crFY 2024-25
Not reported
403+571% 12 mo to Aug 2023LinkedIn · Jul 2026
8 yr2018
2postings · last posted Jul 2026

Provider of a B2B digital marketplace offering multi-category industrial products

B2b e-commerce
₹1,027.08 crFY 2024-25
Not reported
219LinkedIn · Jul 2026
14 yr2012
0none in 3 months · last posted Apr 2026

Online retailer of various consumer goods, including food and household items

B2b e-commerce
₹1,023.00 crFY 2024-25
+12%2024–2025
535+8% 12 mo to Aug 2023recorded Aug 2023
9 yr2017
0none in 3 months

Operator of B2B marketplace and retail platform for food and grocery

Online grocery
₹913.75 crFY 2023-24
+8%2023–2024
1,438-32% 12 mo to Mar 2024LinkedIn · Jul 2026
11 yr2015
1postings · last posted Jul 2026

Provider of an online platform for construction materials procurement and supply

Construction tech
₹781.98 crFY 2024-25
+11%2024–2025
130+19% 12 mo to Sep 2024LinkedIn · Jul 2026
5 yr2021
0none in 3 months

Manufacturer and supplier of premium lab-grown diamonds and jewelry

B2b e-commerce
₹674.20 crFY 2022-23
Not reported
90+114% 12 mo to Aug 2024LinkedIn · Jul 2026
8 yr2018
0none in 3 months

Sourcing and supply chain platform for retailers and suppliers

Cross border e-commerce
₹678.37 crFY 2024-25
+20%2024–2025
249-11% 12 mo to Nov 2023LinkedIn · Jul 2026
5 yr2021
0none in 3 months · last posted May 2026

Provider of a business-to-business platform for fast-moving consumer goods

B2b e-commerce
₹634.71 crFY 2024-25
+17%2024–2025
278+60% 12 mo to Aug 2024LinkedIn · Jul 2026
7 yr2019
0none in 3 months · last posted Jan 2026
50 of 1,646 companies shown here · the full list is on Radar
Fliar Radar

Explore all 1,646 b2b e-commerce companies in India on Radar

This page shows the top 50. Radar has the complete, filterable list with contacts and live company signals.

Open b2b e-commerce in India on Radar
  • Every company, not just 50All 1,646 b2b e-commerce companies in India, filterable by stage, funding, team size, revenue model and age.
  • Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
  • Live signalsFunding rounds, hiring, launches and M&A as they happen, with alerts on the companies you follow.
  • Save and exportBuild lists, compare companies side by side and export them from your Radar account.

Explore b2b e-commerce companies in India by what you are looking for

Browse b2b e-commerce companies in India, including b2b e-commerce platforms and marketplaces for industrial, food and construction goods. You can also find b2b ecommerce startups in India and software that powers b2b e-commerce.

9 ways to explore b2b e-commerce in India

B2B marketplaces & e-commerce platformsB2B e-commerce software & solutionsIndustrial, construction & materials suppliersB2B grocery, food & agri marketplacesWholesale fashion & jewellery platformsCorporate gifting & office supplies

B2B marketplaces & e-commerce platforms

Online marketplaces where businesses buy from suppliers in bulk.

  1. OfBusiness

    Provider of an online platform for raw materials procurement and credit

    Construction tech
    See in list
  2. Infra.Market

    Provider of diverse building and construction materials for project lifecycles

    Construction tech
    See in list
  3. Zetwerk

    Manufacturing platform that connects businesses with a global network of suppliers for custom production

    B2b e-commerce
    See in list
  4. Udaan

    B2B e-commerce platform for wholesale trade and distribution

    B2b e-commerce
    See in list
  5. JSW One MSME

    Online retailer of TMT, steel HR coil, and cement products

    Manufacturing tech
    See in list

B2B e-commerce software & solutions

Software suites that help businesses sell and manage orders online.

  1. Creative Newtech

    Provider of software suite solutions for B2B

    E-commerce enablers
    See in list
  2. Groyyo

    Provider of AI-powered manufacturing automation platform for MSME garment factories

    Brands tech
    See in list
  3. Tata Nexarc

    Online B2B marketplace offering digital products

    B2b e-commerce
    See in list
  4. Bulk MRO

    Online B2B platform for industrial supply

    Scm software
    See in list
  5. FollowG

    B2B solutions for the mobile and electronics retail sector

    B2b e-commerce
    See in list

Industrial, construction & materials suppliers

Platforms for buying steel, cement, building materials and machinery.

  1. OfBusiness

    Provider of an online platform for raw materials procurement and credit

    Construction tech
    See in list
  2. Infra.Market

    Provider of diverse building and construction materials for project lifecycles

    Construction tech
    See in list
  3. JSW One MSME

    Online retailer of TMT, steel HR coil, and cement products

    Manufacturing tech
    See in list
  4. Metalbook

    B2B platform for metal sourcing, recycling, contract manufacturing, and financing

    Manufacturing tech
    See in list
  5. Power2SME

    Provider of a B2B digital marketplace offering multi-category industrial products

    B2b e-commerce
    See in list

B2B grocery, food & agri marketplaces

Platforms for buying groceries, farm produce and agricultural inputs in bulk.

  1. Captain Fresh

    Digital first seafood supply chain platform

    Aquaculture tech
    See in list
  2. FarMart

    Provider of digital infrastructure, market linkages, and financial capital for food enterprises

    Online grocery
    See in list
  3. WayCool

    Provider of food supply chain management and farming solutions

    Crop tech
    See in list
  4. Jumbotail

    Operator of B2B marketplace and retail platform for food and grocery

    Online grocery
    See in list
  5. Apnaklub

    Provider of a business-to-business platform for fast-moving consumer goods

    B2b e-commerce
    See in list

Wholesale fashion & jewellery platforms

B2B platforms for apparel, fabric and jewellery.

  1. Greenlab Diamonds

    Manufacturer and supplier of premium lab-grown diamonds and jewelry

    B2b e-commerce
    See in list
  2. Anja Jewels

    Manufacturer, wholesaler, and retailer of jewelry products

    Fashion tech
    See in list
  3. Blue Star Diamonds

    Online retailer of diamond products

    Materials tech
    See in list
  4. JewelCasa

    The platform offers digital gold jewellery

    B2b e-commerce
    Website
  5. DukaanDost

    Online B2B platform offering raw materials for fashion businesses

    Fashion tech
    Website

Corporate gifting & office supplies

Online providers of corporate gifts, branded merchandise and office supplies.

  1. eYantra

    Online platform that specializes in providing customized corporate gifts

    Online gifting
    See in list
  2. Helicon Trading

    Company offers corporate gifts

    Online gifting
    Website
  3. Magnus

    Provider of corporate gifting solutions and bulk order fulfillment

    B2b e-commerce
    Website
  4. Swageazy

    Provider of curated corporate gifts and custom branded merchandise solutions

    B2b e-commerce
    Website
  5. Swackit

    Provider of customized corporate gifting solutions

    B2b e-commerce
    Website

B2B e-commerce startups in India

Newer b2b e-commerce companies founded in recent years.

  1. SG Mart

    Provider of building material procurement solutions

    Construction tech
    See in list
  2. Metalbook

    B2B platform for metal sourcing, recycling, contract manufacturing, and financing

    Manufacturing tech
    See in list
  3. ArisInfra

    Provider of an online platform for construction materials procurement and supply

    Construction tech
    See in list
  4. Geniemode

    Sourcing and supply chain platform for retailers and suppliers

    Cross border e-commerce
    See in list
  5. Groyyo

    Provider of AI-powered manufacturing automation platform for MSME garment factories

    Brands tech
    See in list
304 companies in India

B2B e-commerce companies hiring in India

B2b e-commerce companies with open jobs right now.

  1. OfBusiness

    Provider of an online platform for raw materials procurement and credit

    Construction tech
    See in list
  2. Infra.Market

    Provider of diverse building and construction materials for project lifecycles

    Construction tech
    See in list
  3. Zetwerk

    Manufacturing platform that connects businesses with a global network of suppliers for custom production

    B2b e-commerce
    See in list
  4. RK Worldinfocom

    Provider of FMCG product distribution and Amazon seller onboarding services

    B2b e-commerce
    See in list
  5. Creative Newtech

    Provider of software suite solutions for B2B

    E-commerce enablers
    See in list
43 companies in India

Listed b2b e-commerce companies in India

Publicly listed b2b e-commerce companies.

  1. Creative Newtech

    Provider of software suite solutions for B2B

    E-commerce enablers
    See in list
  2. IndiaMART

    B2B marketplace platform connecting buyers and suppliers offering diverse industrial products

    B2b e-commerce
    See in list
  3. ArisInfra

    Provider of an online platform for construction materials procurement and supply

    Construction tech
    See in list
  4. Chemkart

    Distributor of food and health ingredients to various industries globally

    B2b e-commerce
    See in list
  5. Add Shop Promotions

    Online distributor of multi-category products

    B2b e-commerce
    Website
10 companies in India
Mobile reach

Top 10 b2b e-commerce apps from India

The most-installed Android apps published by b2b e-commerce companies headquartered in India — 56.7M installs between them. 270 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

boodmo - Spare Parts Expert

by Boodmo

Installs12.2M
Rating3.86162K ratings
Installs, year on year+16%
Last updatedJun 2026
View on Google Play ↗
boodmo - Spare Parts Expert screenshot 1boodmo - Spare Parts Expert screenshot 2boodmo - Spare Parts Expert screenshot 3boodmo - Spare Parts Expert screenshot 4boodmo - Spare Parts Expert screenshot 5boodmo - Spare Parts Expert screenshot 6
2

udaan: B2B for Retailers

by Udaan

Installs11.5M
Rating4.13183K ratings
Last updatedJun 2025
View on Google Play ↗
udaan: B2B for Retailers screenshot 1udaan: B2B for Retailers screenshot 2udaan: B2B for Retailers screenshot 3udaan: B2B for Retailers screenshot 4udaan: B2B for Retailers screenshot 5udaan: B2B for Retailers screenshot 6
3

Digital Showroom: Business App

by Digital Showroom

Installs10.2M
Rating3.97203K ratings
Installs, year on year+8%
Last updatedMar 2026
View on Google Play ↗
Digital Showroom: Business App screenshot 1Digital Showroom: Business App screenshot 2Digital Showroom: Business App screenshot 3Digital Showroom: Business App screenshot 4Digital Showroom: Business App screenshot 5Digital Showroom: Business App screenshot 6
4

Dukaan - Start Selling Online

by Shop

Installs7.2M
Rating3.778K ratings
Last updatedJul 2024
View on Google Play ↗
Dukaan - Start Selling Online screenshot 1Dukaan - Start Selling Online screenshot 2Dukaan - Start Selling Online screenshot 3Dukaan - Start Selling Online screenshot 4Dukaan - Start Selling Online screenshot 5Dukaan - Start Selling Online screenshot 6
5

Industrybuying B2B Shop Online

by IndustryBuying

Installs5.3M
Rating4.3312K ratings
Last updatedMar 2026
View on Google Play ↗
Industrybuying B2B Shop Online screenshot 1Industrybuying B2B Shop Online screenshot 2Industrybuying B2B Shop Online screenshot 3Industrybuying B2B Shop Online screenshot 4Industrybuying B2B Shop Online screenshot 5Industrybuying B2B Shop Online screenshot 6
6

Ninja Kisan : Kisan App

by Ninjacart

Installs2.4M
Rating—
Installs, year on year+52%
Last updatedSep 2025
View on Google Play ↗
Ninja Kisan : Kisan App screenshot 1Ninja Kisan : Kisan App screenshot 2Ninja Kisan : Kisan App screenshot 3Ninja Kisan : Kisan App screenshot 4Ninja Kisan : Kisan App screenshot 5Ninja Kisan : Kisan App screenshot 6
7

Toolsvilla

by ToolsVilla

Installs2.1M
Rating4.2715K ratings
Installs, year on year+354%
Last updatedJun 2026
View on Google Play ↗
Toolsvilla screenshot 1Toolsvilla screenshot 2Toolsvilla screenshot 3Toolsvilla screenshot 4Toolsvilla screenshot 5Toolsvilla screenshot 6
8

bijnis - Retailers Ki App

by Bijnis

Installs2.1M
Rating4.0813K ratings
Last updatedJun 2026
View on Google Play ↗
bijnis - Retailers Ki App screenshot 1bijnis - Retailers Ki App screenshot 2bijnis - Retailers Ki App screenshot 3bijnis - Retailers Ki App screenshot 4bijnis - Retailers Ki App screenshot 5bijnis - Retailers Ki App screenshot 6
9

Uniket Wholesale Shopping App

by Uniket

Installs1.9M
Rating—
Installs, year on year+9%
Last updatedApr 2024
View on Google Play ↗
Uniket Wholesale Shopping App screenshot 1Uniket Wholesale Shopping App screenshot 2Uniket Wholesale Shopping App screenshot 3Uniket Wholesale Shopping App screenshot 4Uniket Wholesale Shopping App screenshot 5Uniket Wholesale Shopping App screenshot 6
10

Navo: Trendy Wholesale Fashion

by BizUp

Installs1.8M
Rating—
Installs, year on year+212%
Last updatedMay 2026
View on Google Play ↗
Navo: Trendy Wholesale Fashion screenshot 1Navo: Trendy Wholesale Fashion screenshot 2Navo: Trendy Wholesale Fashion screenshot 3Navo: Trendy Wholesale Fashion screenshot 4Navo: Trendy Wholesale Fashion screenshot 5Navo: Trendy Wholesale Fashion screenshot 6
The business behind the activity

B2b e-commerce financials in India

Revenue, profit and growth from the filed annual accounts of 426 b2b e-commerce companies in India for FY24-25 — 579 of the 1,646 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 60% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹66,886.52 cr

426 companies filing accounts

combined net profit−₹702.19 cr

-1.0% aggregate margin

are profitable48%

204 of 426 companies

median revenue~₹5.5 cr

the typical company

median revenue growth+11%

into FY24-25

earned by the top five60%

revenue concentration

Six-year view

Combined revenue of filing companies

₹10,502.35 crFY19-20300 filers
₹12,576.68 crFY20-21353 filers
₹26,150.83 crFY21-22398 filers
₹42,357.49 crFY22-23441 filers
₹69,640.49 crFY23-24458 filers
₹66,886.52 crFY24-25426 filers

The number of companies filing changes each year; the three-year cohort below compares like with like.

Like-for-like

The same 354 companies over three years

+35%
FY22-23₹37,418.78 cr−₹1,285.79 cr net
FY23-24₹44,798.74 cr−₹866.33 cr net
FY24-25₹50,471.24 cr−₹682.97 cr net

Companies with accounts for all three years, so growth is not an artefact of who filed.

Scale and profit

Bigger companies are far more often profitable

Under ₹1 cr12625% profitable
₹1–10 cr13755% profitable
₹10–100 cr10361% profitable
₹100–1,000 cr4955% profitable
Over ₹1,000 cr1155% profitable

Companies by FY24-25 revenue. Bars show how many companies sit in each band.

Momentum

How fast revenue moved into FY24-25

Shrinking147
0–20%84
20–50%66
50–100%48
Doubled+54

399 companies with accounts for both years; median growth +11%.

Profitability

Profit is concentrated at the top

204profitable
222loss-making
-1.0%aggregate margin
-0.5%median margin

The aggregate margin is pulled up by a few large filers; the median shows the typical company.

Growth leaders · ₹10 cr+ revenue

Fastest growing, FY24-25

CompanyGrowthRevenue
Satya RetailSATYA E-COM SERVICES LIMITED₹40.04 cr
FollowGFOLLOWG GLOBAL PRIVATE LIMITED
FabritoFABRITO TECHNOLOGIES PRIVATE LIMITED+221%₹19.41 cr
IndispareINDISPARE SELLER SERVICES PRIVATE LIMITED₹11.48 cr
McCoy MartMCCOY DIGITAL PRIVATE LIMITED+201%₹26.22 cr
Headsup B2BHEADSUP B2B PRIVATE LIMITED+165%₹115.33 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
DotPeDOTPE PRIVATE LIMITED95.5%₹82.84 cr
IndiaMARTINDIAMART INTERMESH LIMITED37.9%₹1,603.87 cr
CanvsCANVS CREATIVE SOLUTIONS PRIVATE LIMITED
Beauty GarageBEAUTY GARAGE LIMITED20.3%₹59.03 cr
MjunctionMjunction Services Limited
ChemkartCHEMKART INDIA LIMITED
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
B2b e-commerce243₹31,235.86 cr~₹5.4 cr52%0.9%
Construction tech30₹22,671.93 cr~₹13.8 cr50%0.3%
Online grocery19₹3,502.31 cr~₹7.9 cr37%-8.5%
Manufacturing tech16₹1,781.38 cr~₹8.6 cr38%-3.6%
E-commerce enablers17₹1,780.56 cr~₹84 lakh47%1.1%
Fashion tech20₹1,031.63 cr~₹5.1 cr45%-2.5%
Materials tech5₹583.27 cr~₹63.3 cr20%-2.0%
Crop tech19₹422.01 cr~₹5.0 cr42%-13.3%
Leaders

Largest b2b e-commerce companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
OfBusinessOFB TECH LIMITED₹14,735.00 cr₹130.76 cr0.9%+10%
ZetwerkZETWERK MANUFACTURING BUSINESSES LIMITED₹8,717.22 cr−₹82.67 cr-0.9%-26%
RK WorldinfocomRK WORLDINFOCOM PRIVATE LIMITED₹6,912.81 cr₹93.75 cr1.4%+18%
Infra.MarketHELLA INFRA MARKET LIMITED₹6,202.70 cr₹132.96 cr2.1%+16%
VouchagramVouchagram India Private Limited₹3,801.67 cr₹1.63 cr+17%
FarMartFarmart Service Private Limited₹1,934.62 cr−₹69.06 cr-3.6%+43%
Creative NewtechCREATIVE NEWTECH LIMITED₹1,665.54 cr₹25.56 cr1.5%-0%
IndiaMARTINDIAMART INTERMESH LIMITED₹1,603.87 cr₹607.22 cr37.9%+23%
MetalbookMBOOK TECHNOLOGY PRIVATE LIMITED₹1,331.87 cr−₹32.03 cr-2.4%+67%
VilcartVILCART SOLUTIONS PRIVATE LIMITED₹1,122.34 cr−₹83.56 cr-7.4%+27%
Some figures are available to Radar members.Log in to Radar to see every figure

Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.

Industry landscape report

Accounting and Tax Software Industry Landscape of India

The financials above are one chapter. The full b2b e-commerce landscape of India maps the whole industry — every segment, the capital behind it, the talent market and where the next opportunities are.

  • Market map of every sub-sector
  • Funding & company formation by year
  • Revenue, profit & financial strength
  • Digital footprint: traffic, apps, releases
  • Hiring, skills & pay
  • Founders & leaders
  • News & sentiment
  • Where demand runs ahead of supply
Read the b2b e-commerce landscape of India
For investors and data teams

Put this intelligence into your own tools

The figures on this page come from Fliar’s company, funding and MCA filings data. Use it through the Investor Intelligence API and MCA financials feeds, or explore every company, filing and investor in Radar.

Capital & corporate activity

B2b e-commerce funding and M&A across India

845 recorded equity rounds have gone to 2,535 b2b e-commerce companies in India — how much, at which stage, into which sub-sectors, from whom, and how India compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months16

US$249.56m

equity rounds, last 24 months79

US$1.26bn

raised over five yearsUS$6.15bn

438 rounds in India

M&A deals, India28

last 24 months

Capital by year

Equity funding into b2b e-commerce in India

amount rounds
$411m201856
$1.0bn201969
$454m202068
$2.7bn2021115
$1.2bn2022116
$813m202380
$453m202466
$902m202552
$160m20269

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2021, with US$2.67bn across 115 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$23.71m61 rounds · median US$80k
SeedUS$190.97m196 rounds · median US$560k
Series AUS$572.10m83 rounds · median US$4.13m
Series BUS$484.29m22 rounds · median US$25.46m
Series CUS$727.91m24 rounds · median US$29.46m
Series D+US$4.16bn52 rounds · median US$53.85m
Where the money went · five years

Most-funded sub-sectors

B2b e-commerceUS$2.47bn179 rounds · 76 companies
Construction techUS$1.51bn36 rounds · 12 companies
Crop techUS$658.23m32 rounds · 8 companies
Online groceryUS$472.12m49 rounds · 18 companies
E-commerce enablersUS$248.83m12 rounds · 6 companies
Aquaculture techUS$226.79m10 rounds · 1 companies
Manufacturing techUS$140.71m19 rounds · 8 companies
Corporate activity · last 24 months

M&A in India

23Acquisition
5Merger

Most active acquirers

  1. Jsw one3
  2. Jumbotail3
  3. Captain fresh2
  4. Amazon seller services2
  5. Udaan2

Most acquired or merged

  1. Shopkirana3
  2. Solv India2
  3. BuildNext Construction Solutions1
  4. Buildnext1
  5. BuildNext Construction Solutions Pvt1

Each deal appears in the events strip at the top of the page.

B2b e-commerce funding in India

204 b2b e-commerce companies in India have recorded equity funding, US$8.39bn in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in India

Meet the people behind b2b e-commerce companies in India. 890 of 1,646 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore India b2b e-commerce companies by sub-sector

The most common specialisations among b2b e-commerce companies in India. Open a company to see what it sells, who runs it and how far it has come.

Keep exploring b2b e-commerce in India and nearby markets.

Coming soon