Overview
- India’s online commerce sector is projected to grow tenfold from $30 billion in 2020 to $300 billion by 2030, unveiling a $1 trillion digital opportunity across marketplaces and platforms.
- AI-led personalization and rising smartphone usage are enhancing consumer experiences across commerce, content, and services, with users spending up to eight hours daily on mobile devices.
- Quick commerce leaders such as Zepto, Swiggy Instamart, BigBasket, and Blinkit transformed delivery speeds, while vertical startups including Snabbit, Swish and Slikk address niche category needs.
- Mass-premium direct-to-consumer brands in wellness, fashion, and nutrition are capturing growing consumer demand and positioning themselves for next $100 million net revenue benchmarks.
- Bessemer Venture Partners closed a $350 million India-dedicated fund this year to back emerging consumer startups as virtual tipping and UPI autopay microtransactions scale toward a $1.5 billion market by 2029.