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IR Smartclass: ABC of ONDC

An explainer on ONDC, the transformative initiative from a business point of viewONDC is gaining momentum with every passing day. In January 2023, when it was made widely available to a larger cross-section of consumers, there were about 800...

Internet Commerce Summit 2023: Charting a Transformative Path for E-Commerce in India

Internet Commerce Summit 2023 held in Bengaluru set the stage for the digital commerce industry to come together and discuss strategies to harness the potential of digital commerce in the countryBengaluru: The Internet Commerce Summit 2023, held today, emerged...

Youth, Bharat will drive the next wave of growth for Digital Commerce & D2C: Experts

More D2C brands will emerge from tier 2 or tier 3 cities and youth are driving digital commerce with 80% purchases from the channel according to experts speaking at the Internet Commerce Summit in Bengaluru Bengaluru: Tier 2 and tier...

Reliance Retail receives full subscription amount of Rs 2,069.50 cr from KKR, allots 1.71 cr shares

Following the share allotment, KKR's shareholding in Reliance Retail Ventures Ltd (RRVL) has increased to 1.42 per cent, from 1.17 per centNew Delhi: Reliance Retail Ventures Ltd, the retail arm of Reliance Industries, has received the full subscription amount...

Need to broaden participation to expand digital commerce in India: ONDC’s Koshy

"Today's digital commerce in the country, is limited to 10 per cent and just 2-3 per cent on the buyer side, so we need to broaden and expand the participation so that the current levels can go up to...

Meesho aims to digitize 10 million Sellers by 2027

The aspirational goal marks a remarkable 10-fold expansion of Meesho’s current seller base of 1.3 million Bengaluru: E-commerce marketplace Meesho has announced its goal to onboard 10 million small businesses by 2027 and help them succeed online at an event held in Delhi on...

National e-commerce policy in final stages; to be presented before top-level: official

The proposed policy would take into account the interests of all stakeholders, like investors, manufacturers, MSMEs, traders, retailers, startups and consumersNew Delhi: The proposed national e-commerce policy being formulated by the commerce and industry ministry is in the final...

ONDC sells 50,000 kg tomatoes to date at subsided rates in NCR

ONDC sells about 2000 kg of tomatoes every day but consumers just lap it up within 10-15 minutes of going live on partner apps New Delhi: The Open Network for Digital Commerce (ONDC) sells everything from electronic items to fashion...

8 Best practices in e-commerce data security

Following these best practices not only protect customers but also enhance a company's reputation, fostering trust and loyalty In the digital era, the rise of e-commerce has revolutionized the way businesses operate, empowering them to reach a global customer base...

Bata India Q1 standalone net profit down 10% to Rs 107.8 crore

The footwear retailer's revenue from operations for the quarter stood at Rs 958.1 crore, a growth of 2 per cent over Q1FY23Kolkata: Bata India Ltd on Wednesday reported a 10 per cent decline in standalone net profit to Rs 107.8...
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India witnesses 11.5% increase in mall consumption in FY 2024

North India and West India are at the forefront of the mall consumption surge, with growth rates of 13.0%...
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