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ONDC's Beta Version Now Live in Five More Indian Cities
The government's initiative ONDC on Wednesday said its beta version has now become live in Mumbai, Delhi-NCR, Chennai, Hyderabad and Kolkata. Open Network for Digital Commerce (ONDC) is an initiative of the Department of Promotion of Industry and Internal Trade (DPIIT). The network is now accessible to buyers (consumers) and sellers in these additi...
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ONDC Framing Mechanism to Ensure Rule Compliance by Entities Involved
Government-promoted Open Network for Digital Commerce (ONDC) is framing a mechanism to ensure compliance with its rules by entities involved in online retail trading, a senior official said on Thursday. The ONDC aims to promote an open platform for all aspects of e-commerce retail. It would help small retailers expand their business through e-comme...
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ONDC to Get Many More Apps Onboard in Coming Weeks as Beta Testing Begins in Bengaluru
The commerce and industry ministry on Friday said many more applications will join the Open Network for Digital Commerce (ONDC) in the coming weeks to expand both buyers and sellers who can participate in this platform. ONDC — the ministry's initiative to help small retailers and reduce the dominance of e-commerce giants — has opened to the pub...
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WhatsApp Pay India Head Manesh Mahatme Said to Quit Firm Ahead of Plans to Ramp Up Payments Service
WhatsApp Pay India head Manesh Mahatme has quit the company ahead of the service's plans to expand in the country and compete with Alphabet's Google Pay, Ant-backed Paytm, and Walmart's PhonePe. The executive, who joined the Meta-owned messaging service in April 2021, is said to have joined Amazon India as director of product in the company's e-com...
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CCPA Fines Amazon Rs. 1 Lakh Over Sale of Substandard Pressure Cookers: All Details
Amazon has been fined Rs. 1 lakh by the Central Consumer Protection Authority (CCPA) for the sale of 2,265 pressure cookers that failed to meet quality standards, according to the Department of Consumer Affairs. The CCPA had issued notices to major e-commerce platforms, including Amazon, Flipkart, Paytm Mall, ShopClues and Snapdeal as well as th...
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Paytm Mall 2020 Hack Reportedly Exposed 3.4 Million Users' Data: How to Check If You Were Affected
Paytm Mall, the e-commerce marketplace wing of Paytm, was reportedly hacked in 2020 and private data such as email addresses, names, phone numbers, genders, dates of birth, income levels as well as previous purchases were exposed.
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Google Said to Be in Talks With India to Integrate Shopping Services With E-Commerce Network ONDC
Google is said to be in talks with the Indian government to integrate its shopping services with the country's open e-commerce network ONDC. Google's talks follow the success of its payments business because of the government's initiative for financial transactions.
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Nykaa Indian E-Commerce Beauty Startup Backed by TPG Files for IPO
Nykaa, the e-commerce beauty products startup, has filed for an Initial Public Offering (IPO) following Zomato’s stellar debut. The company backed by private equity firm TGP joins Paytm and Ola in a growing list of Indian companies looking to enter the market.
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Swiggy Raises $1.25 Billion in Funding Round Led by SoftBank Following Zomato’s IPO
Swiggy has raised another $1.25 billion (roughly Rs. 9,320 crores) in its latest funding round led by SoftBank. This comes just days after Zomato’s huge IPO drew bids worth $46.3 billion (roughly Rs. 3,45,410 crores) as it was oversubscribed more than 38 times.
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E-Commerce Companies May Resume Full Services From Today
E-commerce companies are likely to resume full services across most parts of the country from today under the fourth phase of the lockdown that allows greater relaxations, although industry watchers say they are waiting for states’ decision on the matter.
-
ONDC's Beta Version Now Live in Five More Indian Cities
The government's initiative ONDC on Wednesday said its beta version has now become live in Mumbai, Delhi-NCR, Chennai, Hyderabad and Kolkata. Open Network for Digital Commerce (ONDC) is an initiative of the Department of Promotion of Industry and Internal Trade (DPIIT). The network is now accessible to buyers (consumers) and sellers in these additi...
-
ONDC Framing Mechanism to Ensure Rule Compliance by Entities Involved
Government-promoted Open Network for Digital Commerce (ONDC) is framing a mechanism to ensure compliance with its rules by entities involved in online retail trading, a senior official said on Thursday. The ONDC aims to promote an open platform for all aspects of e-commerce retail. It would help small retailers expand their business through e-comme...
-
ONDC to Get Many More Apps Onboard in Coming Weeks as Beta Testing Begins in Bengaluru
The commerce and industry ministry on Friday said many more applications will join the Open Network for Digital Commerce (ONDC) in the coming weeks to expand both buyers and sellers who can participate in this platform. ONDC — the ministry's initiative to help small retailers and reduce the dominance of e-commerce giants — has opened to the pub...
-
WhatsApp Pay India Head Manesh Mahatme Said to Quit Firm Ahead of Plans to Ramp Up Payments Service
WhatsApp Pay India head Manesh Mahatme has quit the company ahead of the service's plans to expand in the country and compete with Alphabet's Google Pay, Ant-backed Paytm, and Walmart's PhonePe. The executive, who joined the Meta-owned messaging service in April 2021, is said to have joined Amazon India as director of product in the company's e-com...
-
CCPA Fines Amazon Rs. 1 Lakh Over Sale of Substandard Pressure Cookers: All Details
Amazon has been fined Rs. 1 lakh by the Central Consumer Protection Authority (CCPA) for the sale of 2,265 pressure cookers that failed to meet quality standards, according to the Department of Consumer Affairs. The CCPA had issued notices to major e-commerce platforms, including Amazon, Flipkart, Paytm Mall, ShopClues and Snapdeal as well as th...
-
Paytm Mall 2020 Hack Reportedly Exposed 3.4 Million Users' Data: How to Check If You Were Affected
Paytm Mall, the e-commerce marketplace wing of Paytm, was reportedly hacked in 2020 and private data such as email addresses, names, phone numbers, genders, dates of birth, income levels as well as previous purchases were exposed.
-
Google Said to Be in Talks With India to Integrate Shopping Services With E-Commerce Network ONDC
Google is said to be in talks with the Indian government to integrate its shopping services with the country's open e-commerce network ONDC. Google's talks follow the success of its payments business because of the government's initiative for financial transactions.
-
Nykaa Indian E-Commerce Beauty Startup Backed by TPG Files for IPO
Nykaa, the e-commerce beauty products startup, has filed for an Initial Public Offering (IPO) following Zomato’s stellar debut. The company backed by private equity firm TGP joins Paytm and Ola in a growing list of Indian companies looking to enter the market.
-
Swiggy Raises $1.25 Billion in Funding Round Led by SoftBank Following Zomato’s IPO
Swiggy has raised another $1.25 billion (roughly Rs. 9,320 crores) in its latest funding round led by SoftBank. This comes just days after Zomato’s huge IPO drew bids worth $46.3 billion (roughly Rs. 3,45,410 crores) as it was oversubscribed more than 38 times.
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E-Commerce Companies May Resume Full Services From Today
E-commerce companies are likely to resume full services across most parts of the country from today under the fourth phase of the lockdown that allows greater relaxations, although industry watchers say they are waiting for states’ decision on the matter.
