When we think or hear of e-commerce websites, the first few names that come to our minds are Amazon and Flipkart. These behemoths control over 50% of the e-retail market through predatory pricing, which has stymied the growth of small and medium sellers. To end the dominance of such companies, India will be launching its open network for digital commerce (ONDC) platform. The platform is aimed at creating an e-marketplace to support more than 30mn sellers and 10mn merchants online.
Here’s presenting our Monthly Snapshot for April 2022. Our newsletter takes a deep dive into the global scenario, Government policies, Indian startups raising funds, important sector updates, the performance of various asset classes, and much more.
Contributed by: Team Leveraged Growth