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.
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.
CCPA has sought a response from these companies in 7 days, failing which necessary action may be initiated against them.
Central Consumer Protection Authority initiated suo-moto action against e-commerce platforms. Notices were also issued to Flipkart, Paytm Mall, Shopclues and Snapdeal
After Paytm, Zomato, and Nykaa, SoftBank-backed online retailer Snapdeal has filed a draft prospectus with SEBI to raise ₹1,250 crore via IPO.
Small-town India is fast catching up with the metros in sales volume on major e-commerce platforms.
Investment vehicles operated by billionaires and ultra HNIs are expected to contribute around 30% of the estimated $100 billion to be raised by startups in India by 2025.
In a conversation with Fortune India, Kunal Bahl, co-founder and CEO, Snapdeal, shares his views on re-imagining the future, digitalisation, the new normal in the post-pandemic age, and much more.
While the government says e-commerce firms can resume delivery of non-essential items from April 20, a surge in the number of Covid-19 cases in the past week could stop consumers from shopping online.
E-commerce firms delivering essential commodities faced many hassles on Day One of the 21-day national lockdown; they’re working with local authorities to resolve the issues.
India witnessed a record jump in total number of Covid-19 cases to 258 as 63 new cases were confirmed on Friday.