Company lists
The Gujarat edition · 2026

E-commerce enablerscompanies in Gujarat

Online stores, order management, shipping & logistics, marketing, B2B commerce and more: the companies building e-commerce enablers in Gujarat, with their founders, funding, team size and business models.

117 company profiles22 with reported revenue9 with recorded fundingOctober 2026 edition

Recent e-commerce enablers business events in India

Funding, M&A, contract wins and launches involving 2,111 e-commerce enablers companies in India, last 24 months: 35 funding rounds · 31 M&A deals · 25 launches · 12 Contracts. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.

FundingStrategic Investment

Ondc

Uber announced a strategic investment in the Open Network for Digital Commerce (ONDC) deepening its commitment to India's Digital Public Infrastructure (DPI).

Investors Uber
Digital Public Infrastructure
M&AAcquisition · Announced

Pine labs acquires Shopflo

Pine Labs’ ₹88 crore acquisition of Shopflo

Fintech
LaunchShadowfax 360

Shadowfax

Shadowfax Technologies Limited has announced the launch of Shadowfax 360, a unified digital shipping platform aimed at empowering India’s growing SME and D2C ecosystem.

Logistics platform
M&AAcquisition · Completed

Group of investors acquires Delhivery

A group of investors, including prominent financial institutions Goldman Sachs and Morgan Stanley, has made a significant acquisition of shares in the logistics company Delhivery.

Logistics
LaunchBulk

Ithink logistics

iThink Logistics, a leading logistics aggregation platform, has announced its strategic entry into the rapidly growing B2B logistics space with the launch of its bulk shipping solution,…

B2B bulk shipping solution
M&AAcquisition · Completed

Institutional investors acquires Delhivery

A group of institutional investors has acquired a 1.6% stake in logistics firm Delhivery for about Rs 530 crore, as US-based venture capital firm Nexus Venture Partners continued to…

M&AAcquisition · Completed

Na acquires Delhivery

A clutch of investors on Wednesday collectively bought a 1.6 per cent stake in logistics firm Delhivery from US-based venture capital Nexus Venture Partners for Rs 530 crore through open…

M&AAcquisition · Completed

Investors (BNP Paribas, SBI Mutual Fund, others) acquires Delhivery

On Wednesday, investors seized the opportunity to acquire a 1.6% stake in the Indian logistics company Delhivery.

Logistics
M&AAcquisition · Completed

Paris-based BNP Paribas, SBI Mutual Fund, Edelweiss MF, Nippon India MF, AlphaGrep Investment Management, ICICI Prudential Life Insurance Company acquires Delhivery

A clutch of investors on Wednesday collectively bought a 1.6% stake in logistics firm Delhivery from US-based venture capital Nexus Venture Partners for Rs 530 crore through open market…

Logistics
M&AAcquisition · Completed

Globalbees acquires Candes Technology Private Limited

Globalbees acquired an extra 30% shareholding from existing shareholders of Candes Technology.

Retail electronics, electrical instruments, audio-visual goods
LaunchEconomy air parcel service

Delhivery

Delhivery has launched a new economy air parcel service connecting India with key international markets, including United Kingdom, Canada, and Australia, as part of its push to expand…

M&AAcquisition · Completed

Nitro commerce acquires Zodiac Labs AI

Months after a fresh capital infusion of $5 Mn, enterprise tech startup Nitro Commerce has acquired Gurugram-based AI copilot company Zodiac Labs AI for an undisclosed amount.

AI
ContractSupply

Delhivery · client: RIDEV

Delhivery, a prominent Indian logistics company, announced that it will deploy 150 electric vehicles (EVs) in collaboration with RIDEV, an electric mobility startup.

Logistics
Funding

Wishlink

Wishlink has raised about $10.1 million so far from investors including Elevation Capital, Trifecta Capital, Wellfound, and more than 70 angel backers.

Investors Elevation capital, Trifecta capital, Wellfound, More than 70 angel backers
M&AMerger · Announced

Vwo acquires Ab tasty

Software-as-a-Service firm Wingify-owned VWO and France-based AB Tasty have entered into an agreement to merge, as consolidation in the SaaS space gathers pace in India and globally.

Software-as-a-Service
FundingSeed

Zepo

Spain-based cybersecurity startup Zepo Intelligence, which protects organizations from AI-driven social engineering attacks, has closed a €12.8 million ($15 million) Seed funding round.

Cybersecurity - AI-driven social engineering protection
ContractService

India post · client: Open Network For Digital Commerce (Ondc)

The Department of Posts (India Post) has officially commenced operations as a Logistics Service Provider (LSP) on the Open Network for Digital Commerce (ONDC).

Logistics
M&AAcquisition · Completed

Reverse Logistics Group acquires Libcycle

Mutares has successfully completed the sale of its majority stake in LiBCycle, an inTime Group company, to Reverse Logistics Group (“RLG”).

Battery Recycling & Logistics
Funding

Edgistify

Edgistify, one of India’s most trusted warehousing and fulfilment partners, has raised $1.4 million in its latest funding round led by Dubai-based VC fund NB Ventures and global supply…

Investors Nb ventures, Rajesh Ranavat, Prateek Maheshwari, Vivek Gaur
Warehousing and Fulfilment
Funding

Ace turtle

Other startups such as WorkIndia, Oben Electric, Tagbin, Virohan and Ace Turtle also raised funds during the week.

Investors Na
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…

M&AAcquisition · Completed

Globalbees acquires HS Fitness Private Limited

Globalbees Brands Private Limited, a material subsidiary of FirstCry parent Brainbees Solutions Ltd., on Tuesday said it has acquired an additional 6.49% stake in HS Fitness Private…

Fitness equipment
FundingAcquisition

Ecom express

Acquisition activity also increased, with 25 deals in 2025, compared with 14 in 2024. Notable acquisitions included Wingify by Everstone Capital for $200 million and Ecom Express by…

Investors Delhivery
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
LaunchKiko Live B2B quick-commerce platform

Kiko live

Kiko Live, the digital enabler of Kirana retail, has unveiled India’s first B2B quick-commerce platform for FMCG distribution.

FMCG distribution
FundingIPO

Shadowfax Technologies

Logistics-tech company Shadowfax Technologies has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to raise up to INR 2,000 crore…

Investors Na
Logistics-tech
FundingSeries C

Tmrw

Top funding rounds this year include Spinny’s $171 million Series F ($131 million + $40 million), followed by Zepto at $ 170 million and $49 million, respectively, GIVA, which raised $68…

Investors Na
B2C e-commerce

E-commerce enablers companies in Gujarat, by revenue

Browse e-commerce enablers companies in Gujarat by reported revenue, one-year revenue growth, revenue model, age and stage. The 22 companies below are the largest by their most recent reported revenue among 22 e-commerce enablers companies in Gujarat that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.

Showing 22 of 22

Provider of artificial ntelligence powered web to print software solutions for the print industry

Sme business management software
₹106.91 crFY 2023-24
+48%2023–2024
27LinkedIn · Jul 2026
19 yr2007
0none in 3 months

Provider of web analytics & eCommerce optimization tools

E-commerce enablers
₹72.47 crFY 2023-24
-51%2023–2024
135-2% 12 mo to Feb 2024LinkedIn · Jul 2026
18 yr2008
3postings · last posted Sep 2026

Platform offering shipping solution for online businesses

E-commerce enablers
₹19.39 crFY 2022-23
+67%2022–2023
73LinkedIn · Jul 2026
8 yr2018
0none in 3 months

Web-based multichannel selling software for online retailers

E-commerce enablers
₹17.55 crFY 2024-25
+16%2024–2025
39-3% 12 mo to Sep 2024LinkedIn · Jul 2026
10 yr2016
0none in 3 months

Shopify app development platform

E-commerce enablers
₹9.21 crFY 2024-25
Not reported
102LinkedIn · Oct 2026
9 yr2017
1postings · last posted Aug 2026

Provider of ERP software solution for retail, wholesale and distribution

Enterprise resource planning
₹9.20 crFY 2024-25
+29%2024–2025
179+40% 12 mo to Sep 2024LinkedIn · Jul 2026
25 yr2001
0none in 3 months · last posted Jun 2026

Provider of electric vehicle fleet for business-to-business delivery services

E-commerce enablers
₹8.00 crFY 2024-25
+74%2024–2025
59+49% 12 mo to Sep 2024LinkedIn · Jul 2026
5 yr2021
0none in 3 months

Provider of suite solutions for b2b e-commerce

E-commerce enablers
₹3.19 crFY 2024-25
-18%2024–2025
80LinkedIn · Jul 2026
11 yr2015
0none in 3 months

Cloud-based software suite solutions for fashion retailers

In store retail tech
₹2.49 crFY 2024-25
+157%2024–2025
45+8% 12 mo to Sep 2024LinkedIn · Jul 2026
8 yr2018
0none in 3 months

Platform offering AI powered solutions for enhancing ecommerce product pages

E-commerce enablers
₹2.17 crFY 2024-25
+96%2024–2025
29LinkedIn · Jul 2026
11 yr2015
0none in 3 months

Provider of AI-powered eCommerce search solution for businesses

Chatbots
₹1.83 crFY 2024-25
+138%2024–2025
29LinkedIn · Jul 2026
7 yr2019
0none in 3 months

Provider of e-commerce solutions for online retailers

E-commerce enablers
₹1.50 crFY 2024-25
+12943%2024–2025
14+29% vs previous recordLinkedIn · Jul 2026
7 yr2019
2postings · last posted Sep 2026

Platform offering AR video shopping and virtual try on solutions

Augmented reality
₹1.14 crFY 2024-25
+202%2024–2025
20-20% vs previous recordLinkedIn · Jul 2026
8 yr2018
0none in 3 months

Provider of COD order verification for Shopify businesses

E-commerce enablers
₹60.87 lakhFY 2021-22
Not reported
2LinkedIn · Jul 2026
6 yr2020
0none in 3 months · last posted Feb 2022

Provider of mobile commerce storefront solutions to e-commerce businesses

E-commerce enablers
₹61.24 lakhFY 2024-25
-40%2024–2025
13LinkedIn · Jul 2026
8 yr2018
0none in 3 months

Provider of distributed commerce software solutions for video commerce businesses

Video commerce
₹57.48 lakhFY 2022-23
Not reported
39recorded
11 yr2015
—No postings tracked

Provides mobile app development services

E-commerce enablers
₹34.73 lakhFY 2024-25
-21%2024–2025
13-14% vs previous recordLinkedIn · Jul 2026
13 yr2013
0none in 3 months

Platform to create online ecommerce stores

E-commerce enablers
₹20.73 lakhFY 2024-25
-95%2024–2025
—Not available
10 yr2016
0none in 3 months

Branded mobile apps for retail stores

E-commerce enablers
₹10.78 lakhFY 2021-22
-82%2021–2022
2LinkedIn · Jul 2026
11 yr2015
0none in 3 months

Cloud-based B2B supply chain management solutions

B2b e-commerce
₹0.30 lakhFY 2024-25
-36%2024–2025
1LinkedIn · Jul 2026
7 yr2019
0none in 3 months

SaaS platform to create online websites for retail stores and travel booking

E-commerce enablers
₹0.25 lakhFY 2024-25
Not reported
4recorded
15 yr2011
0none in 3 months

Online SaaS-based B2B marketplace platform for textile industries

Productivity software
₹0.03 lakhFY 2022-23
Not reported
17-88% 12 mo to Apr 2020LinkedIn · Jul 2026
12 yr2014
0none in 3 months
22 of 117 companies shown here · the full list is on Radar
Fliar Radar

Explore all 117 e-commerce enablers companies in Gujarat on Radar

This page shows the top 22. Radar has the complete, filterable list with contacts and live company signals.

Open e-commerce enablers in Gujarat on Radar
  • Every company, not just 50All 117 e-commerce enablers companies in Gujarat, 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.
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Explore e-commerce enablers companies in Gujarat by what you are looking for

Browse top e-commerce enablers companies in Gujarat, from online store builders and order management to shipping and marketing tools. Find e-commerce enabler startups in Gujarat and companies that are hiring.

8 ways to explore e-commerce enablers in Gujarat

Online store builders & e-commerce platformsOrder, inventory & operations management softwareE-commerce shipping & logistics companiesE-commerce marketing & analytics companiesB2B e-commerce & marketplace companiesFashion tech, virtual try-on & video commerce

Online store builders & e-commerce platforms

Storefront, shopping cart and e-commerce software for online sellers.

  1. Identixweb

    Shopify app development platform

    E-commerce enablers
    See in list
  2. MLveda

    Predictive Analytics solution for Big Data

    E-commerce enablers
    Website
  3. Viha Digital Commerce

    Provider of suite solutions for b2b e-commerce

    E-commerce enablers
    See in list
  4. Codfirm

    Provider of COD order verification for Shopify businesses

    E-commerce enablers
    See in list
  5. EnactOn Technologies

    EnactOn is the only global company specializing in end-to-end affiliate industry-specific business solution development.

    E-commerce enablers
    Website

Order, inventory & operations management software

Software for managing orders, inventory and multichannel selling.

  1. OnPrintShop

    Provider of artificial ntelligence powered web to print software solutions for the print industry

    Sme business management software
    See in list
  2. Alpha-E Barcode solutions

    Provider of ERP software solution for retail, wholesale and distribution

    Enterprise resource planning
    See in list
  3. VastraApp

    Cloud-based software suite solutions for fashion retailers

    In store retail tech
    See in list
  4. Codfirm

    Provider of COD order verification for Shopify businesses

    E-commerce enablers
    See in list
  5. Wishbook

    Online SaaS-based B2B marketplace platform for textile industries

    Productivity software
    See in list

E-commerce shipping & logistics companies

Shipping, fulfillment and last mile delivery for online businesses.

  1. SELLOSHIP

    Platform offering shipping solution for online businesses

    E-commerce enablers
    See in list
  2. Evify

    Provider of electric vehicle fleet for business-to-business delivery services

    E-commerce enablers
    See in list
  3. SupplySpring

    Cloud-based B2B supply chain management solutions

    B2b e-commerce
    See in list
  4. eSupplier

    Provider of e-auction-based shipping and fulfillment software solutions for e-commerce businesses

    Scm software
    Website
  5. Shipdroid

    Logistics aggregation platform for e-commerce merchants

    Logistics tech
    Website

E-commerce marketing & analytics companies

Marketing, analytics and customer experience tools for online stores.

  1. Tatvic

    Provider of web analytics & eCommerce optimization tools

    E-commerce enablers
    See in list
  2. Swirl

    Platform offering AI powered solutions for enhancing ecommerce product pages

    E-commerce enablers
    See in list
  3. Wizzy

    Provider of AI-powered eCommerce search solution for businesses

    Chatbots
    See in list
  4. Botbaba

    Cloud-based chatbot builder platform

    Chatbots
    Website
  5. Simprosys

    Developer of e-commerce solutions

    Marketingtech
    Website

B2B e-commerce & marketplace companies

B2B marketplaces and wholesale commerce platforms.

  1. Viha Digital Commerce

    Provider of suite solutions for b2b e-commerce

    E-commerce enablers
    See in list
  2. SupplySpring

    Cloud-based B2B supply chain management solutions

    B2b e-commerce
    See in list
  3. Wishbook

    Online SaaS-based B2B marketplace platform for textile industries

    Productivity software
    See in list
  4. Verst Logistics India

    Provider of AI-based informal distribution solutions for brands and businesses

    Logistics tech
    Website
  5. Delbird

    Platform offering last mile delivery management solutions

    Marketingtech
    Website

Fashion tech, virtual try-on & video commerce

Virtual try-on, AR shopping and video commerce tools for retailers.

  1. Ammazza

    Augmented reality-based virtual jewellery try-on app

    Augmented reality
    Website
  2. VastraApp

    Cloud-based software suite solutions for fashion retailers

    In store retail tech
    See in list
  3. Swirl

    Platform offering AI powered solutions for enhancing ecommerce product pages

    E-commerce enablers
    See in list
  4. Plushvie

    Platform offering AR video shopping and virtual try on solutions

    Augmented reality
    See in list
  5. ProfiledSkin

    Platform offering apparel and footwear fitting solutions for e-tailers

    3d scanning
    Website

E-commerce enabler startups in Gujarat

Newer e-commerce enabler companies founded in recent years.

  1. Evify

    Provider of electric vehicle fleet for business-to-business delivery services

    E-commerce enablers
    See in list
  2. EveoAI

    Provider of an AI-based virtual clothing visualization solution

    Fashion tech
    Website
  3. Codewiser Infotech

    Provider of Shopify e-commerce web development and design related services

    E-commerce enablers
    Website
  4. Verst Logistics India

    Provider of AI-based informal distribution solutions for brands and businesses

    Logistics tech
    Website
  5. Retner

    Provider of automated communication software for electronic commerce marketing operations

    Sales force automation
    Website
19 companies in Gujarat

E-commerce enablers companies hiring in Gujarat

E-commerce enabler companies currently hiring.

  1. Tatvic

    Provider of web analytics & eCommerce optimization tools

    E-commerce enablers
    See in list
  2. Identixweb

    Shopify app development platform

    E-commerce enablers
    See in list
  3. Alpha-E Barcode solutions

    Provider of ERP software solution for retail, wholesale and distribution

    Enterprise resource planning
    See in list
  4. Builderfly

    Provider of e-commerce solutions for online retailers

    E-commerce enablers
    See in list
  5. Codfirm

    Provider of COD order verification for Shopify businesses

    E-commerce enablers
    See in list
7 companies in Gujarat
Mobile reach

Top 10 e-commerce enablers apps from Gujarat

The most-installed Android apps published by e-commerce enablers companies headquartered in Gujarat — 587K installs between them. 22 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

Vepaar Store

by Vepaar

Installs199K
Rating4.416K ratings
Last updatedMar 2026
View on Google Play ↗
Vepaar Store screenshot 1Vepaar Store screenshot 2Vepaar Store screenshot 3Vepaar Store screenshot 4Vepaar Store screenshot 5
2

VastraApp - Textile Management

by VastraApp

Installs160K
Rating—
Installs, year on year+28%
Last updatedMay 2026
View on Google Play ↗
VastraApp - Textile Management screenshot 1VastraApp - Textile Management screenshot 2VastraApp - Textile Management screenshot 3VastraApp - Textile Management screenshot 4VastraApp - Textile Management screenshot 5VastraApp - Textile Management screenshot 6
4

Fusion Client

by Dhru

Installs77K
Rating3.45552 ratings
Last updatedSep 2025
View on Google Play ↗
Fusion Client screenshot 1Fusion Client screenshot 2Fusion Client screenshot 3Fusion Client screenshot 4Fusion Client screenshot 5Fusion Client screenshot 6
8

Evify Hero

by Evify

Installs4K
Rating—
Last updatedFeb 2026
View on Google Play ↗
Evify Hero screenshot 1Evify Hero screenshot 2Evify Hero screenshot 3Evify Hero screenshot 4Evify Hero screenshot 5Evify Hero screenshot 6
10

OMSGuru - OMS, IMS, WMS App

by OMSGuru

Installs3K
Rating—
Last updatedMay 2026
View on Google Play ↗
OMSGuru - OMS, IMS, WMS App screenshot 1OMSGuru - OMS, IMS, WMS App screenshot 2OMSGuru - OMS, IMS, WMS App screenshot 3OMSGuru - OMS, IMS, WMS App screenshot 4OMSGuru - OMS, IMS, WMS App screenshot 5OMSGuru - OMS, IMS, WMS App screenshot 6
The business behind the activity

E-commerce enablers financials in Gujarat

Revenue, profit and growth from the filed annual accounts of 17 e-commerce enablers companies in Gujarat for FY24-25 — 25 of the 117 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 79% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹59.28 cr

17 companies filing accounts

combined net profit−₹1.03 cr

-1.7% aggregate margin

are profitable47%

8 of 17 companies

median revenue~₹1.8 cr

the typical company

median revenue growth+33%

into FY24-25

earned by the top five79%

revenue concentration

Six-year view

Combined revenue of filing companies

₹105.25 crFY19-2013 filers
₹160.63 crFY20-2115 filers
₹208.90 crFY21-2215 filers
₹199.79 crFY22-2313 filers
₹119.47 crFY23-2417 filers
₹59.28 crFY24-2517 filers

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

Like-for-like

The same 11 companies over three years

+67%
FY22-23₹31.99 cr−₹19.84 lakh net
FY23-24₹44.01 cr₹2.26 cr net
FY24-25₹53.32 cr₹3.76 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 cr633% profitable
₹1–10 cr1050% profitable
₹10–100 cr1100% profitable
₹100–1,000 cr0—
Over ₹1,000 cr0—

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

Momentum

How fast revenue moved into FY24-25

Shrinking6
0–20%1
20–50%2
50–100%2
Doubled+5

16 companies with accounts for both years; median growth +33%.

Profitability

Profit is concentrated at the top

8profitable
9loss-making
-1.7%aggregate margin
-5.4%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
OMSGuruOMSGURU SOLUTIONS PRIVATE LIMITED+16%₹17.55 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
OMSGuruOMSGURU SOLUTIONS PRIVATE LIMITED39.1%₹17.55 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
E-commerce enablers10₹44.54 cr~₹2.1 cr50%0.7%
Leaders

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

Company · legal entityRevenueNet resultMarginGrowth
OMSGuruOMSGURU SOLUTIONS PRIVATE LIMITED₹17.55 cr₹6.86 cr39.1%+16%
Alpha-E Barcode solutionsALPHA E BARCODE SOLUTIONS PRIVATE LIMITED₹9.20 cr₹56.43 lakh6.1%+29%
IdentixwebIdentixweb Limited₹8.99 cr₹4.11 cr45.7%+36%
EvifyEVIFY LOGITECH PRIVATE LIMITED₹8.00 cr−₹6.67 cr-83.4%+74%
Viha Digital CommerceVIHA DIGITAL COMMERCE PRIVATE LIMITED₹3.19 cr₹1.00 lakh0.3%-18%
VastraAppCHARMEUSE TECHNOLOGIES PRIVATE LIMITED₹2.49 cr−₹1.88 cr-75.6%+157%
SwirlGOSWIRL TECHNOLOGIES PRIVATE LIMITED₹2.10 cr−₹3.87 cr-184.3%+89%
WowWOW CONNECT PRIVATE LIMITED−₹1.04 cr-50.8%
WizzyWIZZY SOFTECH PRIVATE LIMITED₹1.83 cr−₹9.97 lakh-5.4%+138%
BuilderflyBUILDERFLY (INDIA) PRIVATE LIMITED₹1.50 cr₹1.49 cr99.2%>10×
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.

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

E-commerce enablers funding and M&A across India

904 recorded equity rounds have gone to 2,111 e-commerce enablers companies in India — how much, at which stage, into which sub-sectors, from whom, and how Gujarat compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months12

US$88.81m

equity rounds, last 24 months56

US$289.09m

raised over five yearsUS$3.29bn

425 rounds in India

M&A deals, India31

last 24 months

Capital by year

Equity funding into e-commerce enablers in India

amount rounds
$373m201863
$828m201983
$190m202063
$1.4bn2021125
$1.0bn2022107
$369m202385
$220m202459
$224m202542
$47m20267

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2021, with US$1.41bn across 125 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$9.53m51 rounds · median US$132k
SeedUS$214.50m241 rounds · median US$492k
Series AUS$607.00m64 rounds · median US$5.27m
Series BUS$604.61m30 rounds · median US$12.00m
Series CUS$381.11m20 rounds · median US$17.45m
Series D+US$1.02bn16 rounds · median US$49.55m
Where the money went · five years

Most-funded sub-sectors

E-commerce enablersUS$1.33bn178 rounds · 87 companies
Logistics techUS$1.20bn79 rounds · 28 companies
Brands techUS$414.25m47 rounds · 20 companies
B2b e-commerceUS$109.10m17 rounds · 8 companies
Business intelligenceUS$49.10m1 rounds · 1 companies
Online groceryUS$48.39m5 rounds · 2 companies
Social commerceUS$45.62m13 rounds · 5 companies
Corporate activity · last 24 months

M&A in India

29Acquisition
1Merger
1Buyout

Most active acquirers

  1. Delhivery5
  2. Unicommerce5
  3. Globalbees2
  4. Interluxe Group and North & Warren2
  5. Pine labs1

Most acquired or merged

  1. Delhivery5
  2. Ecom express5
  3. Shipway4
  4. Quinn2
  5. Intelligence node2

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

E-commerce enablers funding in Gujarat

9 e-commerce enablers companies in Gujarat have recorded equity funding, US$8.39m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Gujarat

Meet the people behind e-commerce enablers companies in Gujarat. 58 of 117 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Gujarat e-commerce enablers companies by sub-sector

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

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

Coming soon