Forbes Asia 100 to Watch:...

Forbes Asia 100 to Watch: Top 10 E-Commerce & Retail Companies 2023

Nov 07, 2023

Forbes Asia returns with its much-anticipated annual "100 to Watch" list for 2023, highlighting the most promising businesses and startups across the Asia-Pacific region. In this year's edition, the e-commerce and retail sector steps into the limelight, featuring a carefully chosen group of 10 innovative enterprises poised for success. This article provides a comprehensive overview of these 10 e-commerce and retail companies featured in the 2023 list, offering insights into their history and unique selling points. Let's dive in! ??

Asia's Top 10 E-Commerce & Retail Companies to Watch in 2023


  • Founded: 2019

  • Headquarters: India

  • CEO: Shruti Shruti

  • Key Backers: Blume Ventures, Flourish Ventures, Google for Startups, ICMG Partners, Peak XV's Surge, Tiger Global Management, TrueScale Capital, Whiteboard Capital

ApnaKlub is a wholesale distributor of fast-moving consumer goods that empowers mom-and-pop shops across rural India. With a wide array of products spanning various categories and sourced from a network of 300 reputable brands, the ApnaKlub app plays a vital role in ensuring the availability of essential groceries and dry goods to these small businesses.

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