Delhi NCR Ecommerce Startups: $517 Mn Raised in 2024
Discover how Delhi NCR ecommerce startups raised $517 Mn in 2024, out-funding Bengaluru. Key highlights include Bira 91, GlobalBees, and the Good Glamm Group.
LazyFounders
Delhi NCR Ecommerce Startups: Dominating the Market in 2024
30 SEC SUMMARY
In 2024, Delhi NCR ecommerce startups raised $517 Mn across 64 deals, out-funding Bengaluru for the fourth consecutive year. Key players include Bira 91, GlobalBees, and the Good Glamm Group. The region remains India’s top D2C hub, with a projected ecommerce market of $400 Bn by 2030.
TABLE OF CONTENTS
- Introduction
- 2024 Funding Landscape
- Top Funded Startups
- Delhi NCR’s Ecommerce Dominance
- Future Prospects
- FAQs
- Conclusion
- Call-to-Action
Introduction
New Delhi has emerged as India’s most-funded ecommerce hub, raising $517 Mn across 64 deals in 2024. This impressive performance out-funds Bengaluru, which has been trailing since 2021. The region’s success is driven by a robust ecosystem of over 5,100 active and 990-plus funded ecommerce startups nationwide.
2024 Funding Landscape
Key Players
The top-funded startups in Delhi NCR in 2024 include:
- Bira 91: $295.09 Mn
- GlobalBees: $287.84 Mn
- The Good Glamm Group: $214 Mn
- Chaayos: $94.33 Mn
These companies are leading the charge in the ecommerce sector, backed by significant capital infusions.
Top Funded Startups
Here’s a detailed look at the top 10 funded ecommerce startups in Delhi NCR as of 2026:
| Rank | Company | Total Funding (Mn) | Last Funding Stage |
|---|---|---|---|
| 1 | LensKart | $2.12 Bn | Undisclosed |
| 2 | Snapdeal | $1.83 Bn | Undisclosed |
| 3 | Cars24 | $1.30 Bn | Corporate Round |
| 4 | OfBusiness | $890.13 Mn | Undisclosed |
| 5 | Spinny | $784.20 Mn | Undisclosed |
| 6 | Moglix | $481.51 Mn | Undisclosed |
| 7 | HealthKart | $350.91 Mn | Undisclosed |
| 8 | Cashify | $313.51 Mn | Venture Round |
| 9 | Droom | $299.00 Mn | Undisclosed |
| 10 | Bira 91 | $295.09 Mn | Undisclosed |
Delhi NCR’s Ecommerce Dominance
D2C Hub
Delhi NCR is India’s top Direct-to-Consumer (D2C) hub, having raised about $3.5 Bn across 434 deals from 2015 to early 2026. This surpasses Bengaluru’s $3.4 Bn and Mumbai’s $2 Bn. Recent notable funding rounds include Bombay Shaving Company’s $16.3 Mn raise, Wingreens Farms’ $12.6 Mn Series D, and Moxie Beauty’s $15 Mn Series A.
Listed Players
The region’s depth is anchored by listed players such as logistics platform Delhivery, Policybazaar parent PB Fintech, and Mamaearth parent Honasa Consumer. These companies span from early-stage D2C startups to profitable public companies.
Future Prospects
India’s ecommerce market is projected to reach $400 Bn by 2030, growing from about $138 Bn in 2024 at a 19% CAGR. Direct-to-Consumer (D2C) sales alone are expected to cross $300 Bn, or roughly 75% of the total. Quick commerce is also set to grow from a $6.1 Bn opportunity in 2024 toward $40 Bn by 2030.
FAQs
What is the total funding raised by Delhi NCR ecommerce startups in 2024?
Delhi NCR ecommerce startups raised $517 Mn in 2024.
Who are the top-funded startups in Delhi NCR?
The top-funded startups include Bira 91, GlobalBees, and the Good Glamm Group.
What is the projected size of India’s ecommerce market by 2030?
India’s ecommerce market is projected to reach $400 Bn by 2030.
Conclusion
Delhi NCR continues to dominate India’s ecommerce landscape, raising significant capital and leading the D2C sector. With a projected market size of $400 Bn by 2030, the region’s startups are well-positioned to capitalize on this growth.
Call-to-Action
Ready to explore more about India’s booming ecommerce startups? Visit blogy.in for the latest updates and insights.
Sources
This story is an original summary and analysis written by LazyFounders from the reporting listed above. Facts are attributed to their original publishers; sections marked as analysis are LazyFounders's opinion. Where a source is in another language, facts were machine-translated and quotations are reported, not reproduced. Read the original coverage via the links.
