India, April 26 -- Over the past decade, India's digital revolution has transformed nearly every aspect of daily life - from how we pay to how we learn and even consume today. Amid this, the great Indian ecommerce sector has emerged as a clear winner, thanks to an ever-growing number of smartphone and internet users leveraging cheap data in the country.

As of 2024, Indian had 1 Bn+ smartphone users and 886 Mn+ internet users (397 Mn+ urban and 488 Mn+ rural). The number of smartphone and internet users is expected to grow by 50% and 35%, respectively, by 2030.

Investment in the sector has been equally impressive. Between 2014 and 2024, Indian ecommerce startups raised a record $35 Bn+ in funding and produced 25 unicorns. Overall, the In...