Wednesday, June 07, 2023
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Ecommerce

Online shopping is expected to reach more than Rs 30 crore by FY26, further paving the way for the reach of online payments in the country, as per a Redseer report

The CMS India Cash Vibrancy Report 2023 report highlights India’s cash megatrends of FY 2023, the importance of cash usage among consumers, and its robust co-existence with digital payments in the country

Unlike the previous drives, the jurisdictional officers are empowered not only to verify but also to suspend the licenses during the drive, which is worrying smaller e-commerce retailers

The partnership aims to provide a one-stop platform for legal, tax and compliance needs of D2C merchants, enabling them to focus on their core business

Existing institutional investors, including Sauce.vc, Anicut Capital, DSG Consumer Partners and Singularity Growth Opportunities Fund also backed the men’s innerwear and lifestyle label in this funding round

It aims to acquire 10 million new Gen-Z customers within two years

Since MSMEs are the backbone of India's economic growth, these policies should not be one-sided. Instead, what is required is a well-conceived and inclusive ecosystem of regulatory approaches

The move is to comply with RBI's guidelines and ensure a secure payment experience for Visa cardholders

Interacting with products and services that have a three-dimensional representation in a virtual environment is highly appealing to customers who are showing a greater inclination towards this immersive experience

Training its lens on affordability, Snapdeal CEO Himanshu Chakrawarti explains why the company transitioned from a horizontal ecommerce platform to focus on the value lifestyle sector, a highly underserved sector with great potential