Ecommerce News

The Online Nutritional Delivery Control (ONDC) initiative, while aiming to regulate and monitor the food delivery sector, is unlikely to directly kill established players like Zomato and Swiggy. ONDC focuses on ensuring the quality and safety of food delivered to consumers, promoting transparency, and preventing fraudulent practices in the online food delivery ecosystem. While these regulations could impact how Zomato, Swiggy, and other food delivery platforms operate, their dominance is built on factors beyond just food quality, such as a wide restaurant network, user-friendly apps, and efficient delivery systems. However, ONDC could encourage these platforms to adapt and further enhance their services, ultimately benefiting consumers by providing a safer and more reliable food delivery experience. So, rather than killing Zomato and Swiggy, ONDC might catalyze positive changes within the industry.

According to a recent report India's retail sector is going to expand to $1.3 trillion fuelled by the middle class. The report claims those earning between ₹2.5 to ₹10 lakhs annually are ushering in a new, massive retail boom in the country. As part of the middle class, you make up what’s called India’s mass consumer segment and this is projected to drive 1.3 trillion U.S. dollars in the overall Indian retail market and nearly 45% of the 300 $ e-commerce segment by 2030.

Amazon's e-commerce exports program, Amazon Global Selling, is set to surpass $8 billion in exports by Indian sellers in 2023. The program has grown to include over 1.25 lakh Indian exporters across 200 cities, listing their products on 18 Amazon marketplaces worldwide. The company had previously revised its target to achieve $20 billion in cumulative exports from India by 2025. This video explores the evolving e-commerce landscape and the strategic revision of export targets by Amazon, highlighting the growing demand for Indian products in overseas markets.

In this video, we explore how ONDC is set to transform the way Indians shop online. From its government-backed approach to fostering fair competition, to its goal of bringing millions of sellers and buyers onto its network, ONDC is poised to revolutionize the Indian e-commerce landscape. With a focus on inclusivity and fair competition, ONDC aims to bring the vast untapped market of the undigitized population into the world of online shopping.Discover the potential economic impact, the challenges it faces, and how ONDC aims to provide a seamless user experience for consumers.

Discover the groundbreaking initiative transforming India's e-commerce landscape - the Open Network for Digital Commerce (ONDC). Developed by the Government of India, ONDC aims to revolutionize the online commerce industry by creating a shared digital infrastructure. This standardized technology framework benefits various stakeholders, including merchants, payment providers, and logistics companies, ensuring efficiency, accessibility, and data security. #ondc #digitalcommerce #ecommerce #onlinebusiness #mint Click here to download the Mint App https://livemint.onelink.me/MrDS/p0kx3pdg

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Two of the country's richest tycoons, Mukesh Ambani and Gautam Adani, have adopted different strategies to grow their wealth

Did you know that direct-to-consumer brands in India have grown into a massive $12 billion industry? And it's not stopping there!According to experts, India's $12 billion direct-to-consumer brands in India will be worth over $302 billion by 2030. It's a rapidly expanding market, and it's all thanks to the digital age we live in. Brands are finding new and exciting ways to connect with their customers, and direct-to-consumer firms are leading the way. But what's driving this surge in popularity, and what's in store for the future of direct-to-consumer brands? Let's dive in and find out!

India's retail war

This video talks about how Big Basket is slowly emerging as one of the strongest e-Commerce markets in the country. By competing with some online grocery retail giants and tapping into the Indian consumer, Big Basket is continuing to dominate the sector with its strong presence.