Company lists
Get Pro

Company lists / Kerala

The Kerala edition · 2026

E-commerce enablerscompanies in Kerala

Storefronts, SaaS, B2B & brands, marketing, logistics and more: the companies building e-commerce enablers in Kerala, with their founders, funding, team size and business models.

Explore in Radar See the ranked list ↓
57 company profiles10 with reported revenue4 with recorded fundingOctober 2026 edition
Kerala · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

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 · 24 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

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

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

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 Kerala, by funding and team

Few e-commerce enablers companies in Kerala publish revenue, so this list compares what is on record instead: recorded equity funding, team size, revenue model, age and stage. The 50 companies below lead on recorded funding and team size among 57 active companies.

Showing 25 of 50

Provider of catalog management solutions for fashion enterprises

Fashion tech
US$233kSeed · Feb 2018
14LinkedIn · Jul 2026
Subscription
10 yr2016
0none in 3 months

Review management solutions for e-commerce businesses

E-commerce enablers
US$100kSeed · Jan 2012
1LinkedIn · Jul 2026
Subscription
15 yr2011
0none in 3 months

Provider of cart plugin for the Shopify store

E-commerce enablers
US$66kSeed · Dec 2021
22LinkedIn · Jul 2026
Subscription
8 yr2018
0none in 3 months

Platform offering mobile ecommerce tools and plugins for brands

E-commerce enablers
US$46kAngel · Mar 2018
45LinkedIn · Jul 2026
Subscription
13 yr2013
0none in 3 months

eCommerce enablers for retailers

E-commerce enablers
—None recorded
678+29% 12 mo to Sep 2024recorded Sep 2024
Fee-for-service
17 yr2009
11postings · last posted Sep 2026

Provider of AI-driven software solutions for online & offline businesses

E-commerce enablers
—None recorded
5-16% 12 mo to Sep 2024LinkedIn · Oct 2026
Subscription
8 yr2018
0none in 3 months

Provider of website development, e-commerce solutions, and services

E-commerce enablers
—None recorded
73+6% 12 mo to Sep 2024LinkedIn · Jul 2026
E-commerce - product / E-commerce - service
14 yr2012
0none in 3 months

IT Infrastructure management company

E-commerce enablers
—None recorded
19-23% vs previous recordLinkedIn · Jul 2026
E-commerce - service / Fee-for-service
18 yr2008
—No postings tracked

Provider of SaaS-based software solution for businesses

E-commerce enablers
—None recorded
1-6% 12 mo to Sep 2024LinkedIn · Jul 2026
Subscription
11 yr2015
0none in 3 months

Cloud hosted platform for vendor eCommerce and CMS solutions

E-commerce enablers
—None recorded
5LinkedIn · Jul 2026
E-commerce - service / Subscription
15 yr2011
0none in 3 months

DiReign is an IT services and IT consulting industry.

E-commerce enablers
—None recorded
1LinkedIn · Jul 2026
Advertising / E-commerce - service
5 yr2021
—No postings tracked

Mobile app to book local services

Local services
—None recorded
1LinkedIn · Jul 2026
Commission on transaction / Fee-for-service
11 yr2015
1postings · last posted Aug 2026

Omnichannel and customer engagement platform for retailers

Logistics tech
—None recorded
—Not available
Subscription
11 yr2015
0none in 3 months

Omnichannel and customer engagement platform for retailers

Vernacular platforms
—None recorded
1LinkedIn · Jul 2026
Commission on transaction / E-commerce - service
8 yr2018
0none in 3 months

Operator of a platform facilitating business-to-business trade on an open network

E-commerce enablers
—None recorded
1LinkedIn · Jul 2026
Commission on transaction / Subscription
29 yr1997
0none in 3 months

Cloud-based Omni channel retail solution

E-commerce enablers
—None recorded
1LinkedIn · Jul 2026
Subscription
13 yr2013
—No postings tracked

Virtual Trial room app

E-commerce enablers
—None recorded
—Not available
Subscription
10 yr2016
—No postings tracked

AI-based customer assistant solutions for e-commerce businesses

E-commerce enablers
—None recorded
10LinkedIn · Jul 2026
Subscription
3 yr2023
—No postings tracked

Ecommerce website builder

E-commerce enablers
—None recorded
—Not available
E-commerce - service / Subscription
12 yr2014
0none in 3 months

Online website builder and listing platform for businesses

E-commerce enablers
—None recorded
—Not available
Advertising / Commission on transaction
14 yr2012
—No postings tracked

ERP software provider for multiple industries

Enterprise resource planning
—None recorded
17LinkedIn · Jul 2026
Advertising / E-commerce - service
8 yr2018
—No postings tracked

Operator of an online marketplace platform for sellers and brands

E-commerce enablers
—None recorded
14LinkedIn · Jul 2026
Commission on transaction / E-commerce - service
4 yr2022
—No postings tracked

Cloud-based loyalty management and customer engagement platform

In store retail tech
—None recorded
—Not available
Subscription
13 yr2013
0none in 3 months

Provider of Shopify apps and themes

E-commerce enablers
—None recorded
—Not available
Subscription
5 yr2021
0none in 3 months

Mobile application connecting local stores with customers

E-commerce enablers
—None recorded
1LinkedIn · Jul 2026
Subscription
12 yr2014
—No postings tracked
50 of 57 companies shown here · the full list is on Radar
Fliar Radar

Explore all 57 e-commerce enablers companies in Kerala on Radar

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

Open e-commerce enablers in Kerala on Radar
  • Every company, not just 50All 57 e-commerce enablers companies in Kerala, 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 e-commerce enablers companies in Kerala by what you are looking for

Find e-commerce enabler companies in Kerala, from storefront and shopping cart software to logistics and marketing tools. Browse e-commerce enabler startups in India's Kerala and the best ecommerce enablement tools.

6 ways to explore e-commerce enablers in Kerala

Online store builders & storefront softwareE-commerce SaaS & enterprise softwareB2B e-commerce & brand commerce toolsE-commerce marketing & customer engagement toolsE-commerce logistics & fulfillmentE-commerce enabler startups in Kerala

Online store builders & storefront software

Platforms and plugins to build and run online stores and shopping carts.

  1. 2Hats Logic

    Provider of website development, e-commerce solutions, and services

    E-commerce enablers
    See in list
  2. Storimart

    Provider of SaaS-based software solution for businesses

    E-commerce enablers
    See in list
  3. Cornercart

    Provider of cart plugin for the Shopify store

    E-commerce enablers
    See in list
  4. PlaceOrder

    Operator of a platform facilitating business-to-business trade on an open network

    E-commerce enablers
    See in list
  5. Oorjit AI

    Provider of AI-driven software solutions for online & offline businesses

    E-commerce enablers
    See in list
54 companies in KeralaAll 89 commerce enablers companies in India →

E-commerce SaaS & enterprise software

Cloud software and ERP for managing e-commerce businesses.

  1. Agileblaze Technologies

    IT Infrastructure management company

    E-commerce enablers
    See in list
  2. direign

    DiReign is an IT services and IT consulting industry.

    E-commerce enablers
    See in list
  3. Acemero Technologies

    ERP software provider for multiple industries

    Enterprise resource planning
    See in list
  4. cartknitter

    CartKnitter is an e-commerce solutions provider.

    E-commerce enablers
    See in list
  5. ecart.chat

    Ecart.chat enables Facebook messenger chatbots for e-commerce stores to reduce open carts and regain sales.

    E-commerce enablers
    See in list
14 companies in KeralaAll 593 enterprise software companies in India →

B2B e-commerce & brand commerce tools

Tools helping brands and businesses sell online, wholesale and across channels.

  1. Perfit Fashion

    Provider of catalog management solutions for fashion enterprises

    Fashion tech
    See in list
  2. Styleuapp

    Virtual Trial room app

    E-commerce enablers
    See in list
  3. Lytty

    Cloud-based loyalty management and customer engagement platform

    In store retail tech
    See in list
  4. Proximety

    Cloud-based customer experience solutions for retail brands

    In store retail tech
    See in list
  5. Litmus7

    eCommerce enablers for retailers

    E-commerce enablers
    See in list
27 companies in KeralaAll 1,523 b2b e-commerce companies in India →

E-commerce marketing & customer engagement tools

Marketing, review, chatbot and loyalty tools for online sellers.

  1. Joboy

    Mobile app to book local services

    Local services
    See in list
  2. DecideQuick

    Review management solutions for e-commerce businesses

    E-commerce enablers
    See in list
  3. direign

    DiReign is an IT services and IT consulting industry.

    E-commerce enablers
    See in list
  4. go4shoppy

    Ecommerce website builder

    E-commerce enablers
    See in list
  5. ecart.chat

    Ecart.chat enables Facebook messenger chatbots for e-commerce stores to reduce open carts and regain sales.

    E-commerce enablers
    See in list
9 companies in KeralaAll 71 marketingtech companies in Kerala →

E-commerce logistics & fulfillment

Shipping, fulfillment and logistics management for online sellers.

  1. PnlShip

    Cloud-based order management solutions for e-commerce businesses

    E-commerce enablers
    See in list
  2. Axen Software

    Omnichannel and customer engagement platform for retailers

    Logistics tech
    See in list
  3. Oorjit

    Cloud hosted platform for vendor eCommerce and CMS solutions

    E-commerce enablers
    See in list
  4. RetailBean

    Cloud-based Omni channel retail solution

    E-commerce enablers
    See in list
  5. PlaceOrder

    Operator of a platform facilitating business-to-business trade on an open network

    E-commerce enablers
    See in list
5 companies in KeralaAll 40 logistics tech companies in Kerala →

E-commerce enabler startups in Kerala

Recently founded e-commerce enabler companies in Kerala.

  1. PnlShip

    Cloud-based order management solutions for e-commerce businesses

    E-commerce enablers
    See in list
  2. direign

    DiReign is an IT services and IT consulting industry.

    E-commerce enablers
    See in list
  3. Neuralcraft

    AI-based customer assistant solutions for e-commerce businesses

    E-commerce enablers
    See in list
  4. Diuu

    Operator of an online marketplace platform for sellers and brands

    E-commerce enablers
    See in list
  5. FinalApps

    Provider of Shopify apps and themes

    E-commerce enablers
    See in list
19 companies in Kerala
Mobile reach

Top 10 e-commerce enablers apps from Kerala

The most-installed Android apps published by e-commerce enablers companies headquartered in Kerala — 42K installs between them. 12 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

Billmykart Create Online Store

by Billmykart

Installs37K
Rating—
Last updatedSep 2025
Legal entityAETH ANALYTICA PRIVATE LIMITEDdeclared on Google Play
View on Google Play ↗
Billmykart Create Online Store screenshot 1Billmykart Create Online Store screenshot 2Billmykart Create Online Store screenshot 3Billmykart Create Online Store screenshot 4Billmykart Create Online Store screenshot 5Billmykart Create Online Store screenshot 6
3

Storimart Buyer Ordering

by Storimart

Installs901
Rating—
Last updatedNov 2025
Legal entityStorilabs System Technologies LlpCIN AAD-8391filed accounts
View on Google Play ↗
Storimart Buyer Ordering screenshot 1Storimart Buyer Ordering screenshot 2Storimart Buyer Ordering screenshot 3Storimart Buyer Ordering screenshot 4Storimart Buyer Ordering screenshot 5Storimart Buyer Ordering screenshot 6
4

Shopware 6 Admin Manager

by 2Hats Logic

Installs800
Rating—
Last updatedApr 2026
Legal entity2HATS LOGIC SOLUTIONS PRIVATE LIMITEDCIN U72501KL2018PTC055332
View on Google Play ↗
Shopware 6 Admin Manager screenshot 1Shopware 6 Admin Manager screenshot 2Shopware 6 Admin Manager screenshot 3Shopware 6 Admin Manager screenshot 4Shopware 6 Admin Manager screenshot 5Shopware 6 Admin Manager screenshot 6
6

Grozeo Packsure

by Grozeo

Installs341
Rating—
Last updatedOct 2025
Legal entityGROZEO INTERNATIONAL PRIVATE LIMITEDCIN U72900KL2022PTC077858
View on Google Play ↗
Grozeo Packsure screenshot 1Grozeo Packsure screenshot 2Grozeo Packsure screenshot 3Grozeo Packsure screenshot 4Grozeo Packsure screenshot 5Grozeo Packsure screenshot 6
7

Joboy Merchant

by Joboy

Installs322
Rating—
Last updatedJul 2024
Legal entityJOBOY SERVICES PRIVATE LIMITEDCIN U72900KL2020PTC062605
View on Google Play ↗
Joboy Merchant screenshot 1Joboy Merchant screenshot 2Joboy Merchant screenshot 3
8

Dropr - Rider App

by Spot-Pick

Installs303
Rating—
Last updatedNov 2025
Legal entitySPOT-PICK DELIVERY SERVICES PRIVATE LIMITEDdeclared on Google Play
View on Google Play ↗
Dropr - Rider App screenshot 1Dropr - Rider App screenshot 2
The business behind the activity

E-commerce enablers financials in Kerala

Revenue, profit and growth from the filed annual accounts of 10 e-commerce enablers companies in Kerala for FY24-25 — 12 of the 57 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 99% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹283.43 cr

10 companies filing accounts

combined net profit₹64.18 cr

22.6% aggregate margin

are profitable30%

3 of 10 companies

median revenue~₹97 lakh

the typical company

median revenue growth+25%

into FY24-25

earned by the top five99%

revenue concentration

Six-year view

Combined revenue of filing companies

₹5.07 crFY19-207 filers
₹83.97 crFY20-218 filers
₹154.50 crFY21-229 filers
₹191.49 crFY22-2310 filers
₹240.99 crFY23-2410 filers
₹283.43 crFY24-2510 filers

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

Like-for-like

The same 9 companies over three years

+49%
FY22-23₹189.71 cr₹67.16 cr net
FY23-24₹240.88 cr₹64.86 cr net
FY24-25₹283.25 cr₹64.39 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 cr50% profitable
₹1–10 cr450% profitable
₹10–100 cr0—
₹100–1,000 cr1100% profitable
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

Shrinking3
0–20%2
20–50%2
50–100%2
Doubled+1

10 companies with accounts for both years; median growth +25%.

Profitability

Profit is concentrated at the top

3profitable
7loss-making
22.6%aggregate margin
-14.2%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
Litmus7LITMUS7 SYSTEMS CONSULTING PRIVATE LIMITED+17%₹266.64 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Litmus7LITMUS7 SYSTEMS CONSULTING PRIVATE LIMITED24.2%₹266.64 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
E-commerce enablers6₹281.86 cr~₹2.5 cr50%23.0%
Leaders

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

Company · legal entityRevenueNet resultMarginGrowth
Litmus7LITMUS7 SYSTEMS CONSULTING PRIVATE LIMITED₹266.64 cr₹64.65 cr24.2%+17%
2Hats Logic2HATS LOGIC SOLUTIONS PRIVATE LIMITED₹8.95 cr₹1.12 cr12.6%+33%
AppmakerCOFFYE INNOVATIONS PRIVATE LIMITED₹3.45 cr−₹24.94 lakh-7.2%+10%
CornercartMESSENGERIFY LABS PRIVATE LIMITED₹1.57 cr₹28.68 lakh18.3%+149%
JoboyJOBOY SERVICES PRIVATE LIMITED₹1.12 cr−₹23.74 lakh-21.1%+50%
PlaceOrderAcelr Tech Labs Private Limited₹80.65 lakh−₹91.77 lakh-113.8%-47%
PnlShipECLOTO DESIGNS PRIVATE LIMITED
LyttyLYTTY VENTURES PRIVATE LIMITED₹17.73 lakh−₹21.11 lakh-119.0%+59%
Perfit FashionPerfectfit Systems Private Limited₹16.24 lakh−₹19.04 lakh-117.3%-54%
TarjimaTARJIMA ECOMMERCE PRIVATE LIMITED₹10.54 lakh−₹6.10 lakh-57.9%-48%
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 Kerala 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 Kerala

4 e-commerce enablers companies in Kerala have recorded equity funding, US$446k in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Kerala

Meet the people behind e-commerce enablers companies in Kerala. 30 of 57 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

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

Coming soon