The budget's comprehensive approach to bolstering digital commerce, fostering innovation, and enhancing economic growth has been lauded by key stakeholders
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Myntra and Twid have joined forces to enhance the shopping experience of customers by integrating reward points from multiple banks and brands
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By connecting local producers with urban consumers, these platforms help preserve traditional crafts and skills that might otherwise fade away. They also contribute to the economic development of smaller towns and rural areas, creating job opportunities and encouraging entrepreneurship
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Currently, the quick commerce landscape in India is dominated by Zomato-backed Blinkit, Zepto, and Swiggy’s Instamart, which is gearing up for an IPO
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The fast-growing logistics, transportation and delivery sector performed well in 2023-24, showing positive intent and promise of a better next fiscal
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The group is considering applying for a licence to operate on India’s public digital payments network, Unified Payments Interface (UPI)
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With an exit GMV run rate of approximately Rs 9,420 crores for FY24, the company has experienced remarkable quadruple growth compared to the previous year, where the actual GMV stood at INR 5,200 crores
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Customer reviews and ratings play a pivotal role in influencing purchasing decisions on online platforms. However, sellers often resort to manipulative tactics, including paid reviews, to bolster their ratings and sales figures
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The decision comes on the heels of the apparent failure of a voluntary system initiated a year ago aimed at curtailing the spread of fabricated feedback
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The draft QCO proposes stringent measures for e-commerce aggregators and review-publishing entities, mandating them to ensure that only reviews from authenticated purchasers or users are considered
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