Indian e-commerce/omnichannel market is super huge. It would become another
Amazon vs Walmart battle if
Flipkart gets acquired. Leaving space for other big investors. After Flipkart and Amazon,
Snapdeal is undoubtedly the third most popular marketplace platform.
Shopclues is not in a recoverable condition and from initial days it is known to be more of a china/bombay bazaar type of store.
Paytm was never really an e-commerce player; its basically a finance/payments company which tried to become an e-commerce firm solely on cash backs and failed.
eBay is no longer in the scene after getting acquired by Flipkart.
Next marketplace is Infibeam. They are popular for books. And now a days they are minting money through services/govt contracts. Not really interested in marketplace
business. That leaves us with
Tata CLiQ which operates in the niche of pure omnichannel retailing which concentrates on selected brands. And
Tata's won't get VC funding for their operations.
Myntra,
Jabong, Voonik, Gofynd etc are in the niche segments and not really hypermarket like marketplaces where we can get everything.
So if Flipkart gets acquired, other investors would definitely look for companies which can compete with FK+Amazon. Snapdeal would be their natural choice. Another key thing is the cult level following of sellers Snapdeal had which is key to the success of any market place platform. Quite a lot of sellers still swear by Snapdeal. Most had stopped selling there due to the fear created by media by saying Snapdeal is about to become bankrupt. I agree that for sometime payments were delayed and there was fear among sellers. Now folks are slowly going back to Snapdeal and payments are more or less normal.