Crisis-hit Paytm shares fall 9% amid report to acquire ONDC startup Bitsila
The fintech major is reportedly in advanced stages of talks with e-commerce startup Bitsila and the deal is likely to close in the coming week.
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India’s e-retail market to reach $160 bn by 2028: Report
Presently, online spending constitutes only 5-6% of total retail spending in India, in stark contrast to the U.S., where it comprises 23-24%, and China, where it is 35%.
India plans a digital Drug Regulatory System
It will be a unified portal for all regulatory activities relating to drugs, pharmaceuticals, vaccines, medical devices, cosmetics, testing laboratories, and related areas.
Thorns and roses along the way for ONDC
From being unable to build critical mass in any particular city to issues arising with the onboarding of Kirana stores, ONDC faces multiple hurdles.
Zomato surges 8% ahead of investors meet; here's why
Zomato share price surged as much as 7.7% on Friday to hit an intraday high of ₹73.
ONDC can transform e-commerce: Piyush Goyal
He invited all e-commerce companies, big and small, to join ONDC and be part of this new bazaar that reimagines digital commerce.
PhonePe rings in ONDC with ‘Pincode’
A new hyperlocal app on the network begins its pilot in Bengaluru, aims 1,00,000 orders a day by the end of the year.
PhonePe launches e-commerce app Pincode
The Pincode app will focus on hyperlocal commerce.
ONDC forays into mobility space; onboards auto booking app Namma Yatri
Namma Yatri, which currently operates only in Bengaluru, works on the concept of ‘Zero Commission,'.
Snapdeal joins ONDC network; to focus on non-metro cities
The company draws over 86% of its orders from outside the metro cities, with more than 72% of the orders flowing from buyers living in smaller cities and towns.
