E-commerce Current Affairs, GK & News

Microsoft in ONDC platform

Recently, Microsoft joined the Open Network for Digital Commerce (ONDC) of the government, with the objective of introducing social e-commerce in Indian market. Significance of this move include; Microsoft is the first big technology company to tie up with government for ONDC platform. As a part of social e-commerce, Microsoft has also planned to launch ..

Month: 

Category: 

Topics: 

Pilot phase of Open Network for Digital Commerce (ONDC)

Recently, the pilot phase of the open network for digital commerce (ONDC) was launched. Where is the pilot being conducted? The pilot is being conducted across five cities Delhi, Bengaluru, Coimbatore, Bhopal, and Shillong. It will be later launched in 100 cities over six months. What is Open Network for Digital Commerce (ONDC)? ONDC is ..

Month: 

Category: 

Topics: 

RBI Draft Norms for Trade via E-commerce

The Reserve Bank of India has proposed to modify the existing norms that are in place with the aim of rationalizing and simplifying the process for payment settlement for imports and exports through e-commerce. Overview: The draft guidelines named ‘Processing and Settlement of small value Export and Import related payments’ that are facilitated by Online ..

Month: 

Category: 

Topics: 

What is a Deccahorn?

Deccahorns are private firms whose value exceeded over ten billion USD. Recently Swiggy has become the fourth Indian company to earn the tag. The other three companies that hold the tag already are Paytm, a FinTech, Oyo (a hotel aggregator) and Byjus (an Edtech). Facebook was the first Deccahorn. It earned the tag in 2007. ..

Month: 

Category: 

Topics: 

DPIIT Helplines for E-Commerce Firms

The Department for Promotion of Industry and Internal Trade (DPIIT) recently launched helpline numbers for E – Commerce. The helpline will aid in smooth functioning of e – commerce supply chains. Who can use the helpline? Wholesaler, manufacturers, transporters, E – commerce companies facing transport difficulties, mobilization of resources and distribution of goods. Significance of ..

Month: 

Category: 

Topics: 

Shopsy: Flipkart’s New App for Online Business

Flipkart has launched its new app called ‘Shopsy’ for online business. About Shopsy App This app was launched to app to help individuals start online businesses without any investment. It also deepens e-commerce penetration across non-metros. Once the users will register on this app, they will be able to share catalogues of 15 crore products ..

Month: 

Category: 

Topics: