Consumption demand is expected to revive for the e-commerce sector in India this festive season. This could do for Indian tech companies what the 2002-04 SARS pandemic did for Chinese internet firms.
Kirana stores are increasingly finding themselves in a tug of war with domestic and international e-commerce giants pulling at either end in a bid to access market dominion.
The addition of new products available for e-shopping, the rising prosperity levels in Tier II and Tier III towns and the increasing penetration of the internet and smartphones will fuel the next phase of growth of India’s e-commerce sector.
A strategic expert points out areas that the UK and India can focus on to improve cyber security cooperation. Highlights: Cyber issues constitute an important aspect of the India-UK security relationship. Non-state entities based in Russia, China and the US are the main sources of cyberattacks against India due to their domination in areas including the smartphone market and fibre optic routes. UK and India need to engage more deeply on countering online radicalisation, extremism and terrorism. It is [...]
The head of a financial services company lays out the importance of new payment opportunities for India’s burgeoning small and medium business (SMB) sector. The number of small and medium businesses in India is growing by leaps and bounds, with a quick-evolving landscape estimated to have swelled to 48 million businesses over the past decade. With a long, local and cash-only history, many Indian SMBs are finally selling their products and services online, marketing to shoppers beyond their own area [...]
E-commerce has provided a plethora of unexplored possibilities for sellers to expand their business and scale greater heights, writes an Amazon India expert. One of the best parts of my job is that I get to travel across India quite frequently. Wherever I go I am struck by the fact that it is small businesses that are at the heart of the communities there. It is not a stretch to say that small businesses keep the giant Indian economy humming. [...]
India’s Draft E-Commerce Policy has set off a fierce debate in India about discounts, control and, most importantly, data security. The Indian government is reworking the Draft E-commerce Policy it had released earlier following criticism mainly from foreign players and several independent analysts. In particular, the draft drew criticism for its alleged bias in favour of protectionism and for making the domestic RuPay card, promoted by the National Payments Corporation of India (NPCI), the mandatory payments gateway. It had also [...]
With India busy with elections and the UK gearing up for Brexit, 2019 looks to be an eventful year for both for Indian and UK start ups. 2019 is going to be an eventful year both for India & UK. While India will get busy with elections and the UK gears up for Brexit and beyond. Amidst these events it’s not just going to be business as usual but it’s going to be a more eventful year as compared to [...]
From Japanese to American companies, the Indian technology and automotive sectors attracted FDI in recent weeks. SoftBank, Alibaba to invest in Paytm Tokto-headquartered SoftBank Group is investing $400 million in India’s Paytm E-Commerce Pvt Ltd in a funding round that will value the online retailer at roughly $1.9 billion, a regulatory filing showed this week. Chinese conglomerate Alibaba, an existing investor in Paytm E-Commerce, is also putting in $45 million in the round. SoftBank, which is among major investors in [...]