95 Top Shopping Startups Impacting The Industry in [2023]

Top Startups
95 Top Shopping Startups Impacting The Industry in [2023]

Have you ever wondered who is on the list of Shopping Companies with the highest growth rates?

You’re not alone.

There are hundreds of Shopping Companies found there, and keeping track of the hottest new startups can be challenging.

But don’t worry, we’ve got you covered. Here are the top 95 fast-growing Shopping Startups that have top-tier venture capital funding.

What are Shopping Startups?

Shopping startups are businesses that are focused on online retail, usually using an e-commerce platform to offer products to customers. These startups often employ a variety of digital marketing strategies to attract customers, such as search engine optimization, email marketing, and social media campaigns. 

Many of these startups are also experimenting with innovative technologies such as virtual and augmented reality to enhance the customer shopping experience.

Top 95 Fastest-Growing Startups In Shopping

1) Instacart

Instacart is an online grocery delivery and pickup service that caters to both businesses and consumers.

Details of the startup:

  • Country: United States
  • City: San Francisco
  • Started in: 2012
  • Founders: Apoorva Mehta, Brandon Leonardo, Max Mullen
  • Number of employees: 5001-10000
  • Funding amount: $2,685,992,575
  • Number of funding rounds: 17
  • Number of investors: 35

You can find their website here.

2) nate

nate is a shopping app that allows users to purchase items from any online retailer with a single click.

Details of the startup:

  • Country: United States
  • City: New York
  • Started in: 2018
  • Founders: Albert Saniger
  • Number of employees: 51-100
  • Funding amount: $47,300,000
  • Number of funding rounds: 3
  • Number of investors: 4

You can find their website here.

3) Tokopedia

Tokopedia is an Indonesian technology firm whose aim is to use technology to democratize trade.

Details of the startup:

  • Country: Indonesia
  • City: Jakarta
  • Started in: 2009
  • Founders: Herman Widjaja, Leontinus Alpha Edison, Melissa Siska Juminto, William Tanuwijaya
  • Number of employees: 5001-10000
  • Funding amount: $2,797,700,000
  • Number of funding rounds: 11
  • Number of investors: 11

You can find their website here.

4) BigBasket

BigBasket is an online grocery and meal delivery service that brings personal and household items to customers’ doorsteps.

Details of the startup:

  • Country: India
  • City: Bengaluru
  • Started in: 2011
  • Founders: Abhinay Choudhari, Hari Menon, Vipul Parekh, VS Ramesh, VS Sudhakar
  • Number of employees: 5001-10000
  • Funding amount: $1,119,863,468
  • Number of funding rounds: 17
  • Number of investors: 17

You can find their website here.

5) AiFi

AiFi is a software development business that specializes in store automation systems.

Details of the startup:

  • Country: United States
  • City: Santa Clara
  • Started in: 2016
  • Founders: Steve Gu, Ying Zheng
  • Number of employees: 51-100
  • Funding amount: $29,500,000
  • Number of funding rounds: 3
  • Number of investors: 11

You can find their website here.

6) Flipkart

Flipkart is an e-commerce platform with over 30 million products in more than 70 categories.

Details of the startup:

  • Country: India
  • City: Bengaluru
  • Started in: 2007
  • Founders: Binny Bansal, Sachin Bansal
  • Number of employees: 10001+
  • Funding amount: $9,009,184,737
  • Number of funding rounds: 24
  • Number of investors: 24

You can find their website here.

7) Fetch Rewards

Fetch Rewards is a mobile shopping app that rewards customers for purchasing their favorite items.

Details of the startup:

  • Country: United States
  • City: Madison
  • Started in: 2013
  • Founders: Daniel Litvak, Tyler Kennedy, Wes Schroll
  • Number of employees: 251-500
  • Funding amount: $341,849,943
  • Number of funding rounds: 8
  • Number of investors: 10

You can find their website here.

8) InMarket

InMarket provides a self-service location-based technology that captures accurate customer location data and helps campaigns perform better.

Details of the startup:

  • Country: United States
  • City: Culver City
  • Started in: 2010
  • Founders: Mark DiPaola, Todd Dipaola
  • Number of employees: 101-250
  • Funding amount: $12,500,000
  • Number of funding rounds: 2
  • Number of investors: 2

You can find their website here.

9) Thrive Market

Thrive Market is an online membership-based business that sells natural and organic goods.

Details of the startup:

  • Country: United States
  • City: Los Angeles
  • Started in: 2013
  • Founders: Gunnar Lovelace, Kate Mulling, Nicholas Green, Nick Green, Sasha Siddhartha
  • Number of employees: 501-1000
  • Funding amount: $241,400,000
  • Number of funding rounds: 8
  • Number of investors: 30

You can find their website here.

10) Snapdeal

Snapdeal is India’s largest no-frills, value-focused marketplace, with products from 500,000+ sellers across 600+ categories.

Details of the startup:

  • Country: India
  • City: Gurgaon
  • Started in: 2010
  • Founders: Kunal Bahl, Rohit Bansal
  • Number of employees: 1001-5000
  • Funding amount: $1,776,260,825
  • Number of funding rounds: 13
  • Number of investors: 26

You can find their website here.

11) NTWRK

NTWRK is the first and only live streaming video commerce platform designed for Generation Z and Millennials.

Details of the startup:

  • Country: United States
  • City: Los Angeles
  • Started in: 2018
  • Number of employees: 51-100
  • Funding amount: $10,000,000
  • Number of funding rounds: 2
  • Number of investors: 6

You can find their website here.

12) Standard Cognition

Standard Cognition offers a self-checkout system that can be integrated into a retailer’s existing store.

Details of the startup:

  • Country: United States
  • City: San Francisco
  • Started in: 2017
  • Founders: Brandon Ogle, Daniel Fischetti, David Valdman, John Novak, Jordan Fisher, Michael Suswal, TJ Lutz
  • Number of employees: 101-250
  • Funding amount: $238,479,194
  • Number of funding rounds: 7
  • Number of investors: 15

You can find their website here.

13) Lazada Group

Lazada is a Southeast Asian online buying and selling site operated by the Lazada Group.

Details of the startup:

  • Country: Singapore
  • City: Singapore
  • Started in: 2012
  • Founders: Aimone Ripa di Meana, Alexandre Dardy, Armando Baquero Ponte, Bede Moore, Elizabeth Craft, Eugene Chistyakov, Fung Lestario, Inanc Balci, James Chang, Magnus Ekbom, Maximilian Bittner, Michael Mitterlehner, Pierre Poignant, Riccardo Basile, Stefan Bruun, Stein Jakob Oeie, Sundeep Sahni, Thomas Damek, Tim Rath
  • Number of employees: 5001-10000
  • Funding amount: $4,209,739,556
  • Number of funding rounds: 9
  • Number of investors: 10

You can find their website here.

14) Purplle

Purplle is an online retailer of cosmetics, fragrances, skin care, and hair care items.

Details of the startup:

  • Country: India
  • City: Mumbai
  • Started in: 2011
  • Founders: Manish Taneja, Rahul Dash
  • Number of employees: 101-250
  • Funding amount: $93,649,358
  • Number of funding rounds: 10
  • Number of investors: 15

You can find their website here.

15) Tiki Corporation

Tiki.vn is Vietnam’s fastest-growing retail company, with a strong chance of becoming a market leader.

Details of the startup:

  • Country: Vietnam
  • City: Ho Chi Minh City
  • Started in: 2010
  • Founders: Son Tran Ngoc Thai
  • Number of employees: 501-1000
  • Funding amount: $192,500,000
  • Number of funding rounds: 7
  • Number of investors: 11

You can find their website here.

16) GrocerApp

GrocerApp is a low-cost online grocery store that allows customers to order products from a variety of categories and have them delivered right to their door.

Details of the startup:

  • Country: Pakistan
  • City: Lahore
  • Started in: 2016
  • Founders: Ahmad Saeed, Hassaan Sadiq, Rai Bilal
  • Number of employees: 11-50
  • Funding amount: $6,200,000
  • Number of funding rounds: 3
  • Number of investors: 15

You can find their website here.

17) Reel

Reel is a debt-free purchasing site. A simple method to save money and pay for products you want in installments.

Details of the startup:

  • Country: United States
  • City: Los Angeles
  • Started in: 2016
  • Founders: Alejandro Quilici, Daniela Corrente
  • Number of employees: 1-10
  • Funding amount: $250,000
  • Number of funding rounds: 7
  • Number of investors: 8

You can find their website here.

18) Ibotta

Ibotta is a shopping app that rewards users for doing their shopping online or in stores.

Details of the startup:

  • Country: United States
  • City: Denver
  • Started in: 2011
  • Founders: Bryan Leach
  • Number of employees: 251-500
  • Funding amount: $92,915,076
  • Number of funding rounds: 7
  • Number of investors: 12

You can find their website here.

19) Sears

Sears is a multibillion-dollar retailer that specializes on outdoor living, home appliances, clothing, and furniture.

Details of the startup:

  • Country: United States
  • City: Chicago
  • Started in: 1893
  • Number of employees: 10001+
  • Funding amount: $600,000,000
  • Number of funding rounds: 2
  • Number of investors: 3

You can find their website here.

20) ShopBack

ShopBack is an e-commerce startup that provides a smarter way to shop through its digital loyalty and discovery platform.

Details of the startup:

  • Country: Singapore
  • City: Singapore
  • Started in: 2014
  • Founders: Bryan Chua, Henry Chan, Joel Leong, Lai Shanru
  • Number of employees: 251-500
  • Funding amount: $86,100,000
  • Number of funding rounds: 6
  • Number of investors: 18

You can find their website here.

21) Goop

Goop is a digital lifestyle brand that offers both content and commerce.

Details of the startup:

  • Country: United States
  • City: Los Angeles
  • Started in: 2008
  • Founders: Gwyneth Paltrow
  • Number of employees: 101-250
  • Funding amount: $75,000,000
  • Number of funding rounds: 4
  • Number of investors: 8

You can find their website here.

22) Picnic

Picnic is a rapidly expanding technology firm that has created a mass-market home delivery system for fast-moving consumer items.

Details of the startup:

  • Country: The Netherlands
  • City: Amsterdam
  • Started in: 2015
  • Founders: Daniel Gebler, Frederik Nieuwenhuys, Joris Beckers, Michiel Muller
  • Number of employees: 5001-10000
  • Funding amount: € 350,000,000
  • Number of funding rounds: 4
  • Number of investors: 9

You can find their website here.

23) ShopRunner

ShopRunner is an e-commerce network that offers over 100 brands free delivery, free returns, discounts, and seamless checkout.

Details of the startup:

  • Country: United States
  • City: Chicago
  • Started in: 2010
  • Founders: Luccile Logan, Rick Fawcett
  • Number of employees: 51-100
  • Funding amount: $115,000,000
  • Number of funding rounds: 3
  • Number of investors: 3

You can find their website here.

24) ShopUp

Small businesses can use ShopUp to have quick access to B2B sourcing, last-mile logistics, digital finance, and business management tools.

Details of the startup:

  • Country: Bangladesh
  • City: Dhaka
  • Started in: 2017
  • Founders: Afeef Zaman, Ataur Rahim Chowdhury, Navaneetha Krishnan J., Siffat Sarwar, Sujayath Ali, Sujayath Ali
  • Number of employees: 251-500
  • Funding amount: $28,440,700
  • Number of funding rounds: 6
  • Number of investors: 8

You can find their website here.

25) Perpule

UltraPOS by Perpule is a cloud-based, mobile POS solution that significantly enhances your store’s billing and checkout processes.

Details of the startup:

  • Country: India
  • City: Bengaluru
  • Started in: 2016
  • Founders: Abhinav Pathak, Saketh BSV, Yogesh Ghaturle
  • Number of employees: 101-250
  • Funding amount: $6,361,203
  • Number of funding rounds: 3
  • Number of investors: 5

You can find their website here.

26) Wallapop

Wallapop is a smartphone marketplace for buying and selling used things that is hyper-local.

Details of the startup:

  • Country: Spain
  • City: Barcelona
  • Started in: 2013
  • Founders: Agustin Gomez, Gerard Olive, Miguel Vicente
  • Number of employees: 101-250
  • Funding amount: € 158,600,000
  • Number of funding rounds: 7
  • Number of investors: 21

You can find their website here.

27) iPrice Group

iPrice was created to provide buyers with the largest range of items and brands from hundreds of Southeast Asian partners.

Details of the startup:

  • Country: Malaysia
  • City: Kuala Lumpur
  • Started in: 2014
  • Founders: David Chmelar, Heinrich Wendel
  • Number of employees: 51-100
  • Funding amount: $21,250,000
  • Number of funding rounds: 9
  • Number of investors: 20

You can find their website here.

28) Cornershop

Cornershop is a Latin American-based on-demand grocery delivery business.

Details of the startup:

  • Country: Chile
  • City: Las Condes
  • Started in: 2015
  • Founders: Daniel Undurraga, Juan Pablo Cuevas, Oskar Hjertonsson
  • Number of employees: 1001-5000
  • Funding amount: $31,650,000
  • Number of funding rounds: 4
  • Number of investors: 18

You can find their website here.

29) Xiaohongshu

Xiaohongshu is a young lifestyle sharing platform that uses text, photographs, and video to spread positive energy and a pleasant living.

Details of the startup:

  • Country: China
  • City: Shanghai
  • Started in: 2013
  • Founders: Charlwin Mao Wenchao, Miranda Qu
  • Number of employees: 1001-5000
  • Funding amount: $417,691,787
  • Number of funding rounds: 7
  • Number of investors: 8

You can find their website here.

30) ShopClues

Shop Clues is a platform that allows buyers and sellers to communicate in a controlled environment.

Details of the startup:

  • Country: India
  • City: Gurgaon
  • Started in: 2011
  • Founders: Radhika Aggarwal, Sandeep Aggarwal, Sanjay Sethi
  • Number of employees: 1001-5000
  • Funding amount: $257,002,291
  • Number of funding rounds: 11
  • Number of investors: 12

You can find their website here.

31) TaxJar

TaxJar is the top technology solution for managing sales tax for busy eCommerce sellers. We’re completely self-contained.

Details of the startup:

  • Country: United States
  • City: Boston
  • Started in: 2013
  • Founders: Mark Faggiano
  • Number of employees: 101-250
  • Funding amount: $62,600,000
  • Number of funding rounds: 3
  • Number of investors: 7

You can find their website here.

32) Collective Bias

The only shopper social media firm rethinking shopper marketing through organic social content is Collective Bias®.

Details of the startup:

  • Country: United States
  • City: Rogers
  • Started in: 2009
  • Founders: Amy Callahan, John Andrews
  • Number of employees: 101-250
  • Funding amount: $10,900,000
  • Number of funding rounds: 2
  • Number of investors: 3

You can find their website here.

33) LimeRoad

A fun and exciting way to discover beautiful items, share them, and shop for them.

Details of the startup:

  • Country: India
  • City: Gurgaon
  • Started in: 2012
  • Founders: Ankush Mehra, Manish Saksena, Prashant Malik, Suchi Mukherjee
  • Number of employees: 251-500
  • Funding amount: $51,944,731
  • Number of funding rounds: 5
  • Number of investors: 6

You can find their website here.

34) Daraz.pk

Daraz is an online retailer that sells branded clothing, footwear, apparel, jewelry, and accessories for men and women.

Details of the startup:

  • Country: Pakistan
  • City: Karachi
  • Started in: 2012
  • Founders: Ahmed Khan, Farees Shah, Muhammad Ahsan Raza, Muneeb Maayr
  • Number of employees: 501-1000
  • Funding amount: $55,600,000
  • Number of funding rounds: 2
  • Number of investors: 3

You can find their website here.

35) Arzooo.com

With its main “Go Store” product, India’s leading retail digital platform in the consumer durables market has transformed 300,000+ SMEs.

Details of the startup:

  • Country: India
  • City: Bengaluru
  • Started in: 2018
  • Founders: Khushnud Khan, Rishi Raj Rathore
  • Number of employees: 251-500
  • Funding amount: $14,800,000
  • Number of funding rounds: 6
  • Number of investors: 11

You can find their website here.

36) Edmunds

Edmunds is a consumer review website that provides consumers with new and used automobile research, shopping, and buying features.

Details of the startup:

  • Country: United States
  • City: Santa Monica
  • Started in: 1966
  • Founders: Ludwig Arons
  • Number of employees: 501-1000
  • Funding amount: $50,000,000
  • Number of funding rounds: 1
  • Number of investors: 1

You can find their website here.

37) Flatheads

Flatheads is a global lifestyle brand that designs and manufactures shoes in India. Flatheads was the first company in India to introduce bamboo footwear.

Details of the startup:

  • Country: India
  • City: Bengaluru
  • Started in: 2019
  • Founders: Ganesh Balakrishnan, Utkarsh Biradar
  • Number of employees: 11-50
  • Funding amount: $725,000
  • Number of funding rounds: 2
  • Number of investors: 7

You can find their website here.

38) Souq

Souq is the owner and operator of a retail e-commerce website.

Details of the startup:

  • Country: United Arab Emirates
  • City: Dubai
  • Started in: 2005
  • Founders: Ronaldo Mouchawar
  • Number of employees: 1001-5000
  • Funding amount: $460,000,000
  • Number of funding rounds: 5
  • Number of investors: 8

You can find their website here.

39) Chumbak

Chumbak is a gifting firm situated in Bangalore, India. Chumbak, founded by Subhra Chadda, distributes trendy t-shirts, tins, coffee mugs, and shot glasses.

Details of the startup:

  • Country: India
  • City: Bengaluru
  • Started in: 2009
  • Founders: Subhra Chadda
  • Number of employees: 11-50
  • Funding amount: $26,963,740
  • Number of funding rounds: 6
  • Number of investors: 5

You can find their website here.

40) Paytm Mall

Paytm Mall is a division of One97 Communications’ Paytm brand and an online and mobile marketplace.

Details of the startup:

  • Country: India
  • City: Noida
  • Started in: 2010
  • Founders: Vijay Shekhar Sharma
  • Number of employees: 1001-5000
  • Funding amount: $795,000,000
  • Number of funding rounds: 3
  • Number of investors: 4

You can find their website here.

41) Lenskart

Lenskart is an online eyeglasses retail portal established in India.

Details of the startup:

  • Country: India
  • City: Faridabad
  • Started in: 2010
  • Founders: Amit Chaudhary, Peyush Bansal
  • Number of employees: 251-500
  • Funding amount: $554,629,632
  • Number of funding rounds: 10
  • Number of investors: 15

You can find their website here.

42) Industrybuying

The largest industrial ecommerce platform in India

Details of the startup:

  • Country: India
  • City: New Delhi
  • Started in: 2013
  • Founders: Rahul Gupta, Swati Gupta
  • Number of employees: 251-500
  • Funding amount: $39,800,000
  • Number of funding rounds: 7
  • Number of investors: 8

You can find their website here.

43) Xingsheng Youxuan

Xingsheng Youxuan is a community shopping platform that provides people with food and home items.

Details of the startup:

  • Country: China
  • City: Changshahsien
  • Started in: 2018
  • Founders: Lihua Yue
  • Number of employees: 10001+
  • Funding amount: $3,894,600,000
  • Number of funding rounds: 9
  • Number of investors: 11

You can find their website here.

44) Flipp

Flipp is a free software that sends your favorite weekly commercials straight to your phone.

Details of the startup:

  • Country: Canada
  • City: Toronto
  • Started in: 2006
  • Founders: David Au-Yeung, David Meyers, Matthew Cheung
  • Number of employees: 501-1000
  • Funding amount: $62,000,000
  • Number of funding rounds: 4
  • Number of investors: 3

You can find their website here.

45) Myntra

Myntra is an e-commerce portal where men and women can buy branded footwear, clothes, and accessories.

Details of the startup:

  • Country: India
  • City: Bengaluru
  • Started in: 2007
  • Founders: Ashutosh Lawania, Mukesh Bansal, Raveen Sastry, Sankar Bora, Vineet Saxena
  • Number of employees: 10001+
  • Funding amount: $333,116,383
  • Number of funding rounds: 12
  • Number of investors: 11

You can find their website here.

46) Karma

Karma creates and sells apps to help grocery shops and restaurants reduce food waste.

Details of the startup:

  • Country: Sweden
  • City: Stockholm
  • Started in: 2015
  • Founders: Elsa Bernadotte, Hjalmar Ståhlberg Nordegren, Ludvig Berling, Mattis Larsson, Steven van Wel
  • Number of employees: 11-50
  • Funding amount: $20,216,654
  • Number of funding rounds: 5
  • Number of investors: 19

You can find their website here.

47) Ralali

Ralali is a local trade B2B platform that connects merchants and buyers.

Details of the startup:

  • Country: Indonesia
  • City: Tangerang
  • Started in: 2013
  • Founders: Joseph Aditya
  • Number of employees: 101-250
  • Funding amount: $22,500,000
  • Number of funding rounds: 4
  • Number of investors: 10

You can find their website here.

48) Mister Spex

Mister Spex is an online retailer of spectacles and contact lenses from a variety of manufacturers.

Details of the startup:

  • Country: Germany
  • City: Berlin
  • Started in: 2007
  • Founders: Bjoern Sykora, Dirk Graber, Lukasz Gadowski, Philipp Frenkel, Thilo Hardt
  • Number of employees: 251-500
  • Funding amount: $158,009,427
  • Number of funding rounds: 10
  • Number of investors: 18

You can find their website here.

49) IKEA

IKEA Systems has a large selection of well-designed and useful home furnishings.

Details of the startup:

  • Country: The Netherlands
  • City: Delft
  • Started in: 1943
  • Founders: Ingvar Kamprad
  • Number of employees: 10001+

You can find their website here.

50) StoreKing

For Rural India, a Digital Touchpoint

Details of the startup:

  • Country: India
  • City: Bengaluru
  • Started in: 2011
  • Founders: Govardhan K, Sridhar Gundaiah
  • Number of employees: 11-50
  • Funding amount: $21,500,000
  • Number of funding rounds: 3
  • Number of investors: 2

You can find their website here.

51) ABOUT YOU

ABOUT YOU is a garment, shoe, and accessory eCommerce portal.

Details of the startup:

  • Country: Germany
  • City: Hamburg
  • Started in: 2014
  • Founders: Sebastian Betz, Tarek Muller
  • Number of employees: 501-1000
  • Funding amount: $300,000,000
  • Number of funding rounds: 2
  • Number of investors: 3

You can find their website here.

52) Flintobox

Flintobox is an edtech firm that uses creative educational items to make early childhood development more enjoyable.

Details of the startup:

  • Country: India
  • City: Chennai
  • Started in: 2013
  • Founders: Arunprasad Durairaj, Shreenidhi Srirangam, Vijay Gandhi
  • Number of employees: 11-50
  • Funding amount: $15,413,257
  • Number of funding rounds: 6
  • Number of investors: 6

You can find their website here.

53) 21Buttons

21Buttons is a technology start-up for fashionistas who enjoy socializing and shopping.

Details of the startup:

  • Country: Spain
  • City: Barcelona
  • Started in: 2015
  • Founders: Marc Soler Obradors
  • Number of employees: 101-250
  • Funding amount: $30,713,135
  • Number of funding rounds: 5
  • Number of investors: 15

You can find their website here.

54) TROCAFONE

Trocafone is a website where you can buy and sell secondhand goods, primarily smartphones.

Details of the startup:

  • Country: Brazil
  • City: Sao Paulo
  • Started in: 2014
  • Founders: Andy Freire, Guillermo Arslanian, Guillermo Freire, Pablo Simon Casarino, Santiago Bilinkis
  • Number of employees: 251-500
  • Funding amount: $62,430,022
  • Number of funding rounds: 9
  • Number of investors: 15

You can find their website here.

55) Bookis

Together with readers and authors, we’re creating the next-generation online bookstore.

Details of the startup:

  • Country: Norway
  • City: Oslo
  • Started in: 2016
  • Founders: Arne-Morten Willumsen, Lasse Brurok
  • Number of employees: 11-50
  • Funding amount: NOK79,500,000
  • Number of funding rounds: 5
  • Number of investors: 3

You can find their website here.

56) Zabka Polska

Zabka Polska is Poland’s largest convenience store chain, with two distinct brands: Zabka and Freshmarket.

Details of the startup:

  • Country: Poland
  • City: Poznan
  • Started in: 1998
  • Number of employees: 1001-5000
  • Funding amount: € 25,000,000
  • Number of funding rounds: 1
  • Number of investors: 1

You can find their website here.

57) Outfittery

Outfittery is a men’s personal shopping business that operates online.

Details of the startup:

  • Country: Germany
  • City: Berlin
  • Started in: 2012
  • Founders: Anna Alex, Julia Bosch
  • Number of employees: 251-500
  • Funding amount: $59,817,542
  • Number of funding rounds: 6
  • Number of investors: 14

You can find their website here.

58) Orami

Orami is a Southeast Asian women’s internet shopping destination.

Details of the startup:

  • Country: Indonesia
  • City: Jakarta
  • Started in: 2012
  • Founders: Eka Himawan, Ferry Tenka, Shannon Kalayanamitr
  • Number of employees: 251-500
  • Funding amount: $15,000,000
  • Number of funding rounds: 2
  • Number of investors: 4

You can find their website here.

59) phygicart

Phygicart is a web-based shopping mall.

Details of the startup:

  • Country: United Arab Emirates
  • City: Dubai
  • Started in: 2016
  • Founders: Jolly Antony
  • Number of employees: 11-50
  • Funding amount: ₹1,000,000,000
  • Number of funding rounds: 1
  • Number of investors: 1

You can find their website here.

60) Koudai

Koudai Shopping is a smart mobile shopping app that recommends certain products based on the user’s unique style.

Details of the startup:

  • Country: China
  • City: Beijing
  • Started in: 2010
  • Founders: Ke Wang
  • Number of employees: 11-50
  • Funding amount: $368,000,000
  • Number of funding rounds: 6
  • Number of investors: 12

You can find their website here.

61) Tiller Systems

Tiller Systems specializes in point-of-sale software for restaurants and retailers.

Details of the startup:

  • Country: France
  • City: Paris
  • Started in: 2014
  • Founders: Dimitri Farber Garcia, Josef Bovet, Scott GORDON, Vincent Oliveira
  • Number of employees: 101-250
  • Funding amount: € 16,190,000
  • Number of funding rounds: 7
  • Number of investors: 11

You can find their website here.

62) Go Colors

Go Colors is the owner of a well-known women’s underwear business.

Details of the startup:

  • Country: India
  • City: Chennai
  • Started in: 2010
  • Founders: Gautam Saraogi
  • Number of employees: 101-250
  • Funding amount: $15,655,577
  • Number of funding rounds: 2
  • Number of investors: 2

You can find their website here.

63) ezbuy

Buy Globally, Locally | Your Global Shopping Platform in One Place

Details of the startup:

  • Country: Malaysia
  • City: Kuala Lumpur
  • Started in: 2010
  • Founders: Wendy Liu
  • Number of employees: 501-1000
  • Funding amount: $37,600,000
  • Number of funding rounds: 4
  • Number of investors: 7

You can find their website here.

64) Lookiero

Lookiero is a female-focused online personal shopper service.

Details of the startup:

  • Country: France
  • City: Paris
  • Started in: 2016
  • Founders: Oier Urrutia
  • Number of employees: 101-250
  • Funding amount: $23,624,999
  • Number of funding rounds: 2
  • Number of investors: 5

You can find their website here.

65) Rely

Rely is a company that helps Singaporeans manage their online shopping expenses by offering a no-interest installment plan.

Details of the startup:

  • Country: Singapore
  • City: Singapore
  • Started in: 2016
  • Number of employees: 11-50
  • Funding amount: SGD100,000,000
  • Number of funding rounds: 2
  • Number of investors: 2

You can find their website here.

66) Babyshop

Babyshop is an online company that sells clothing for children.

Details of the startup:

  • Country: Sweden
  • City: Lidingö
  • Started in: 2006
  • Founders: Linn Tagesson, Marcus Tagesson
  • Number of employees: 51-100
  • Funding amount: SEK569,000,000
  • Number of funding rounds: 5
  • Number of investors: 8

You can find their website here.

67) Novelship

Novelship is the fastest-growing online marketplace in APAC for genuine, limited-edition shoes, streetwear, and collectibles.

Details of the startup:

  • Country: Singapore
  • City: Singapore
  • Started in: 2018
  • Founders: Chris Xue, Richard Xia Yang
  • Number of employees: 11-50
  • Funding amount: $2,360,243
  • Number of funding rounds: 3
  • Number of investors: 3

You can find their website here.

68) ShopEx

ShopEx is a Chinese e-commerce software and service company.

Details of the startup:

  • Country: China
  • City: Shanghai
  • Started in: 2002
  • Founders: Zhongwei Li
  • Number of employees: 11-50
  • Funding amount: $105,905,357
  • Number of funding rounds: 3
  • Number of investors: 10

You can find their website here.

69) Mia.com

Mia.com is a website that sells baby items.

Details of the startup:

  • Country: China
  • City: Beijing
  • Started in: 2011
  • Founders: Nan Liu
  • Number of employees: 11-50
  • Funding amount: $231,600,000
  • Number of funding rounds: 5
  • Number of investors: 4

You can find their website here.

70) sulekha.com

Sulekha is one of India’s most popular and rapidly expanding digital businesses.

Details of the startup:

  • Country: India
  • City: Chennai
  • Started in: 2000
  • Founders: Satya Prabhakar
  • Number of employees: 1001-5000
  • Funding amount: $44,600,000
  • Number of funding rounds: 4
  • Number of investors: 3

You can find their website here.

71) PriyoShop

In Bangladesh, an eCommerce platform that links small businesses with brands and also handles last-mile fulfillment.

Details of the startup:

  • Country: Bangladesh
  • City: Dhaka
  • Started in: 2018
  • Founders: Asikul Alam Khan, Dipty Mandal, Raisul Kabir
  • Number of employees: 101-250
  • Funding amount: $903,362
  • Number of funding rounds: 3
  • Number of investors: 7

You can find their website here.

72) Feiyu

Feiyu is an online marketplace for high-end trading bags.

Details of the startup:

  • Country: China
  • City: Jiading
  • Started in: 2016
  • Number of employees: 1-10
  • Funding amount: $50,876,275
  • Number of funding rounds: 4
  • Number of investors: 6

You can find their website here.

73) Patatam

Patatam is a renowned European online retailer of like-new children’s apparel.

Details of the startup:

  • Country: France
  • City: Bayonne
  • Started in: 2013
  • Founders: Eric Gagnaire, Marieve Bidart, Mathieu Bidart
  • Number of employees: 11-50
  • Funding amount: $13,500,951
  • Number of funding rounds: 4
  • Number of investors: 16

You can find their website here.

74) Bonusway

Bonusway is a web-based platform that offers ecommerce loyalty programs, cash rewards, and online shopping solutions to its consumers.

Details of the startup:

  • Country: Finland
  • City: Helsinki
  • Started in: 2011
  • Founders: Lasse Järvinen, Tatu Koistinen
  • Number of employees: 101-250
  • Funding amount: € 9,301,000
  • Number of funding rounds: 6
  • Number of investors: 3

You can find their website here.

75) Gshopper

Gshopper is an all-in-one e-commerce platform that allows users to live a genuinely global lifestyle.

Details of the startup:

  • Country: Singapore
  • City: Singapore
  • Started in: 2007
  • Founders: Yeogirl Yun
  • Number of employees: 101-250
  • Funding amount: $88,800,000
  • Number of funding rounds: 7
  • Number of investors: 4

You can find their website here.

76) Jow

Jow is a grocery shopping app that makes shopping easier and provides meal suggestions.

Details of the startup:

  • Country: France
  • City: Paris
  • Started in: 2017
  • Founders: Antoine Maillard, Brice Audrain, Franck Maurin, Jacques-Edouard Sabatier
  • Number of employees: 11-50
  • Funding amount: $8,738,527
  • Number of funding rounds: 2
  • Number of investors: 10

You can find their website here.

77) Huimin

Huimin is a business-to-business e-commerce platform that focuses on small-scale supermarkets and offers community supermarket websites.

Details of the startup:

  • Country: China
  • City: Beijing
  • Started in: 2013
  • Founders: Zhang Yichun
  • Number of employees: 251-500
  • Funding amount: $516,946,860
  • Number of funding rounds: 3
  • Number of investors: 11

You can find their website here.

78) MaxWholesale

MaxWholesale is a B2B online grocery retailer.

Details of the startup:

  • Country: India
  • City: New Delhi
  • Started in: 2016
  • Founders: Rohit Narang, Samarth Agrawal
  • Number of employees: 11-50
  • Funding amount: $4,508,959
  • Number of funding rounds: 4
  • Number of investors: 7

You can find their website here.

79) BestSecret

BestSecret is a shopping group that offers discounts on branded goods to its members.

Details of the startup:

  • Country: Germany
  • City: Aschheim
  • Started in: 2007
  • Founders: Daniel Borenstein
  • Number of employees: 1001-5000
  • Funding amount: € 200,000,000
  • Number of funding rounds: 1
  • Number of investors: 1

You can find their website here.

80) Oda

Oda is an online grocery store that delivers groceries to your door.

Details of the startup:

  • Country: Norway
  • City: Oslo
  • Started in: 2013
  • Founders: Andreas Skaranger, Christian Mikalsen, Ida Johnsen, Jon Kåre Stene, Karl Kristian Mydske, Karl Munthe-Kaas, Mats André Kristiansen, Mats Barlo, Tommy Gudmundsen, Vegard Vik
  • Number of employees: 501-1000
  • Funding amount: $376,573,255
  • Number of funding rounds: 7
  • Number of investors: 6

You can find their website here.

81) Renoon

Renoon is a search platform that makes it simple for buyers to locate sustainable alternatives to what they want to wear.

Details of the startup:

  • Country: The Netherlands
  • City: Amsterdam
  • Started in: 2020
  • Founders: Gabriele Trapani, Iris Skrami, Nicolò Tresoldi, Piero Puttini
  • Number of employees: 1-10
  • Funding amount: € 385,000
  • Number of funding rounds: 3
  • Number of investors: 2

You can find their website here.

82) MANGO BCN

Barcelona is the headquarters of a worldwide retail corporation based in Spain.

Details of the startup:

  • Country: Spain
  • City: Barcelona
  • Started in: 1984
  • Number of employees: 10001+
  • Funding amount: € 300,000,000
  • Number of funding rounds: 1
  • Number of investors: 8

You can find their website here.

83) Carsome

Carsome is an online used automobile marketplace that helps people and businesses sell cars quickly.

Details of the startup:

  • Country: Malaysia
  • City: Petaling Jaya
  • Started in: 2015
  • Founders: Eric Cheng, Jiun Ee Teoh
  • Number of employees: 501-1000
  • Funding amount: $107,350,000
  • Number of funding rounds: 8
  • Number of investors: 15

You can find their website here.

84) JAMJA

JAMJA is a marketing tool that assists merchants in increasing traffic and sales (online store and brick-and-mortar store)

Details of the startup:

  • Country: Vietnam
  • City: Hanoi
  • Started in: 2015
  • Founders: Le Hung Viet
  • Number of employees: 51-100
  • Funding amount: $1,865,216
  • Number of funding rounds: 4
  • Number of investors: 6

You can find their website here.

85) Shopee

Shopee is an e-commerce platform that allows customers to shop online in a simple, secure, and quick manner.

Details of the startup:

  • Country: Singapore
  • City: Singapore
  • Started in: 2017
  • Founders: Forrest Li
  • Number of employees: 10001+

You can find their website here.

86) YOHO

For fashionable brands and resources, YOHO.CN offers integrated various cross-media communication services.

Details of the startup:

  • Country: China
  • City: Nanjing
  • Started in: 2005
  • Founders: Liang Chao
  • Number of employees: 501-1000
  • Funding amount: $165,000,000
  • Number of funding rounds: 7
  • Number of investors: 8

You can find their website here.

87) Pupumall

Pupumall is working on a platform for instant delivery of fresh produce from supermarkets that will cover a wide range of products.

Details of the startup:

  • Country: China
  • City: Foochow
  • Started in: 2016
  • Founders: Muwang Chen
  • Number of employees: 5001-10000
  • Funding amount: $156,462,665
  • Number of funding rounds: 4
  • Number of investors: 1

You can find their website here.

88) Womai

Womai net is a Chinese B2C (business to consumer) healthy food buying website.

Details of the startup:

  • Country: China
  • City: Beijing
  • Started in: 2008
  • Number of employees: 101-250
  • Funding amount: $330,000,000
  • Number of funding rounds: 3
  • Number of investors: 4

You can find their website here.

89) Fanli

Fanli is a Chinese online shopping service that allows clients to make purchases from third parties.

Details of the startup:

  • Country: China
  • City: Shanghai
  • Started in: 2006
  • Founders: Gary Ge, Yongchang Geng
  • Number of employees: 5001-10000
  • Funding amount: $30,000,000
  • Number of funding rounds: 3
  • Number of investors: 4

You can find their website here.

90) Loho Eyewear

Loho Eyewear Lifestyle provides a one-stop shop for eyewear design, production, sales, and customer service.

Details of the startup:

  • Country: China
  • City: Shenzhen
  • Started in: 2012
  • Number of employees: 251-500
  • Funding amount: $126,400,000
  • Number of funding rounds: 4
  • Number of investors: 5

You can find their website here.

91) Black Unique

Black Unique is a subscription-based consumer platform.

Details of the startup:

  • Country: China
  • City: Guangzhou
  • Number of employees: 251-500
  • Funding amount: $10,000,000
  • Number of funding rounds: 1
  • Number of investors: 1

You can find their website here.

92) Daling

Daling is a company that specializes in mobile e-commerce.

Details of the startup:

  • Country: China
  • City: Beijing
  • Started in: 2014
  • Founders: Beixi Xu
  • Number of employees: 11-50
  • Funding amount: $117,016,132
  • Number of funding rounds: 5
  • Number of investors: 5

You can find their website here.

93) Xiu.com

XIU is the world’s greatest online global fashion marketplace, providing high-end fashion to the masses.

Details of the startup:

  • Country: China
  • City: Shenzhen
  • Started in: 2008
  • Founders: George Ji, Huang Jin
  • Number of employees: 501-1000
  • Funding amount: $150,000,000
  • Number of funding rounds: 3
  • Number of investors: 3

You can find their website here.

94) Meilishuo

Meilishuo.com is a Chinese version of Pinterest that allows ladies to shop for customised apparel and skin care products.

Details of the startup:

  • Country: China
  • City: Beijing
  • Started in: 2009
  • Founders: Yirong Xu
  • Number of employees: 5001-10000
  • Funding amount: $40,000,000
  • Number of funding rounds: 6
  • Number of investors: 7

You can find their website here.

95) Wildcraft India

Wildcraft is India’s fastest-growing outdoor brand, offering adventurers performance gear, footwear, and outerwear.

Details of the startup:

  • Country: India
  • City: Bengaluru
  • Started in: 1992
  • Founders: Gaurav Dublish
  • Number of employees: 5001-10000
  • Funding amount: $41,905,257
  • Number of funding rounds: 4
  • Number of investors: 4

You can find their website here.

FAQs

Is Shopping Business Profitable?

The profitability of a shopping business depends on a variety of factors, including the amount of competition in the area, the type of products being sold, and the quality and selection of the products being offered. 

Generally, businesses that offer quality products, competitive prices, and excellent customer service tend to be more successful and profitable than those that do not.

What Is The Average Investment In Shopping?

The average investment in shopping startups depends on a number of factors, including the size of the startup, its stage of development, and the industry it operates in. 

Generally speaking, the average investment in a shopping startup is around $1-2 million.

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