Investments/Developments

Some of the major developments in the Indian e-commerce sector are as follows:

• In February 2025, Adani Group has announced an investment of Rs. 30,000 crore (US$ 3.46 billion) in Kerala over the next five years, focusing on infrastructure, logistics, and manufacturing expansion. The group, which is already developing the Vizhinjam port and operating Thiruvananthapuram International Airport, has invested Rs. 5,000 crore (US$ 577.1 million) in the port project and committed an additional Rs. 20,000 crore (US$ 2.31 billion).
• E-commerce leader Amazon and the Directorate General of Foreign Trade (DGFT) have renewed their partnership to enhance e-commerce exports from India. This extended collaboration builds on the initial memorandum of understanding (MoU) signed in November 2023 and focuses on equipping Indian MSMEs with the essential skills and resources needed to succeed in the e-commerce export sector, as stated by the company.
• Decathlon has partnered with Myntra to enhance its e-commerce presence in India, leveraging Myntra's extensive network to reach tier I, II, and III cities, particularly in emerging sports markets like Northeast India, while offering a wide range of sports products and planning to invest US$ 11.48 million over the next five years to expand its retail footprint and digital capabilities.
• On May 17, 2024, IKEA announced a partnership with Rhenus to enhance its e-commerce expansion in the Delhi NCR region by establishing a 150,000 sq ft warehouse in Gurgaon, designed to store and fulfill over 7,000 products.
• Google LLC is investing US$ 350 million in Flipkart as part of a nearly US$ 1 billion funding round led by Walmart Inc., Flipkart's majority stakeholder, with the investment aimed at expanding Flipkart's business and modernizing its digital infrastructure to serve customers across India, and the two companies also plan to increase Flipkart's use of Google's cloud platform.
• The indigenous e-commerce giant Flipkart is poised to raise US$ 1 billion in a new funding round, with its parent company Walmart anticipated to contribute US$ 600 million.
• On August 25, 2023, Zepto, a two-year-old company, achieved unicorn status by securing US$ 200 million in funding, resulting in a valuation of US$ 1.4 billion, marking India's inaugural unicorn of 2023.
• In October 2023, Tata Group announced a US$ 1 billion investment in its super app, Tata Neu, in addition to the US$ 2 billion previously invested in its digital division earlier that year.
• In 2023, Amazon India achieved significant milestones, including surpassing a seller base of 14 lakh with three lakh new additions, digitizing 6.2 million small businesses, facilitating US$ 8 billion in exports, and generating 1.3 million jobs. Additionally, they committed to further digitizing 10 million businesses, enabling US$ 20 billion in exports, and create two million jobs by 2025, while also signing an MoU with DGFT for MSME capacity-building initiatives.
• On January 17, 2024, Shiprocket and Truecaller collaborated to empower sellers with seamless e-commerce transactions. This strategic partnership aims to streamline mobile onboarding to shopping journeys for three lakh Shiprocket merchants, enhancing the consumer experience.
• On December 4, 2023, ODN partnered with Middle East-based Channel Engine for the GCC e-commerce market, aiming to redefine the landscape by connecting brands and retailers to global sales channels for cross-border success.
• On February 6, 2024, Flipkart inaugurated its fourth grocery fulfilment centre in Malda, West Bengal, fostering over 700 local jobs and facilitating nationwide market access for local sellers, MSMEs, and farmers. The 1.13 lakh square feet center processes over 7,000 orders daily, affirming Flipkart's commitment to prompt delivery and enhancing regional economic prospects.
• In October 2023, a tech-driven logistics platform iThink Logistics announced a strategic collaboration with India Post to boost e-commerce deliveries across remote parts of the country.
• Amazon CEO Mr. Andy Jassy announced that the company is committed to investing US$ 26 billion in India by 2030, out of which US$ 11 billion has already been invested.
• In July 2023, the post office departments of Canada and India recently entered into an agreement, which is aimed at facilitating e-commerce exports and establishing an International Tracked Packet Service (ITPS) between the two countries.
• As of May 2023, the Indian government's open e-commerce network ONDC has expanded its operations into 236 cities in the country while adding more than 36,000 merchants.
• In June 2023, Amazon India launched its new and affordable Amazon Prime Lite membership plan for shoppers in the country. 
• Walmart is preparing to spend over US$ 2.5 billion in India as the retailer doubles down on the opportunities it sees in India’s e-commerce and payments markets.
• Hyperlocal e-commerce startup, Magicpin announced that its daily order volume has zoomed 100-fold to 10,000 per day from over 100 within a month of joining the government-promoted Open Network for Digital Commerce (ONDC) network.