E-comm market hits $60 bn in FY23, Flipkart remains on top: Report

Indians ordered merchandise worth $60 billion in FY23 online, with fashion surpassing electronics to be the number one category, Redseer reported. As per the report, Flipkart remains on top in terms of market share, capturing 48% of the market share in FY23. The remaining 52% market share lay with other platforms including Amazon, Meesho, Snapdeal and Nykaa, among others.