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India should develop its own sovereign digital solutions, reduce reliance on US systems: GTRIIndia’s heavy reliance on US software, cloud, and social media creates strategic vulnerabilities, warns think tank GTRI. The report urges d...- ONDC mulls subsidy comeback amid slowdown in food deliveryThe move, if implemented, will allow firms such as Magicpin, Paytm, Ola Consumer and Waayu to use the ONDC incentives to offer discounts to...
- Cooking up a storm: Rapido’s foray will disrupt the food delivery market, say industry expertsTop sources in the know told ET Digital that Rapido’s foray will be in July via a model where commission costs could be lower or even as a ...
- ONDC CEO Thampy Koshy steps down after three years; executive committee to lead network in the interimKoshy has been MD and CEO since the network's inception in February 2022. Before the ONDC stint, he was an advisor and partner at EY for ar...
- Amit Agarwal interview; ONDC cuts incentivesHappy Wednesday! Amazon's Amit Agarwal spoke to us about the company’s quick commerce plans and India growth blueprint. This and more in to...
- Ola drawing up a route map to join quick commerce partyWith Ola Electric preparing to list on the bourses later this week, CEO Bhavish Aggarwal is simultaneously sharpening his focus on the cab-...
- No more licensed biz, Paytm to focus on distribution modelDigital payments major Paytm wants to stay away from getting into any regulated businesses and would rather focus on building distribution ...
- Utpal Sheth on key megatrends that can shape India's future growth“Even one megatrend will create multiple types of opportunities, multiple types of companies and business models that you will be able to p...
- Ola Cabs brings back Ankush Aggarwal to its ride-hailing bizAmid top-level changes at Ola Cabs, founder Bhavish Aggarwal’s brother Ankush Aggarwal has returned to the ride hailing business after a st...
- Lenskart's $200-million secondary; Wipro’s Delaporte’s golden handshakeHappy Thursday! Singapore investor Temasek and US-based fund Fidelity are preparing for a $200-million funding round in Lenskart along with...
- Apple supplier Corning to build a Rs 1,000 crore facility in TN; Zomato to enter catering bizAmerican gorilla glass maker Corning is setting up a manufacturing unit in Tamil Nadu with an investment of Rs 1,000 crore, we have learnt....
- Snags hit ecommerce orders on ONDC; IT firms hire more women in FY23Government-backed Open Network for Digital Commerce (ONDC) is set for rough weather ahead as the platform faces roadblocks while scaling. T...
- Exclusive: India mulls new valuation norms for angel tax; Amazon, Samara eye stake sale in More RetailIndia is considering using valuation criterion established by the Foreign Exchange Management Act (FEMA) for angel tax on foreign investmen...
- Over 9,000 startup jobs slashed between Jan-March; betting, gambling apps advertise despite banLayoffs in the startup and tech ecosystem have continued into 2023, according to data from recruitment platform Careernet. The situation mi...
- Everything and everyone included in this BudgetInterest-free capex loans to states will be made available. An additional budgetary allocation has been made to the soon-to-be-completed bu...
- Digitisation 2.0, democratisation of credit, and infra expansion will be the drivers for India's growth trajectoryIndia’s digitisation has been impressive in scope and scale. Digital public infrastructure like Aadhaar and the Open Network for Digital Co...
- Gazing into the crystal ball: A look into what 2023 holds for the tech sectorIndian IT services companies began 2022 faced with record demand and hiring, only to deal with moonlighting by employees. They are now star...
- India to see 'significant economic activity' over next 10 years: Nandan NilekaniThe first is, ONDC second is account aggregator framework and the transformation happening in the logistics sector due to government initia...
- IPO-bound FirstCry eyes $4B valuation; Clevertap in talks to raise $75MThe Masayoshi Son-led firm, which is Firstcry’s largest investor, NewQuest Capital Partner, and a few other existing investors are in discu...
- Quality Council of India sets up team of experts to execute proposed ONDC projectThe DPIIT has initiated this project, which aims to democratise digital or electronic commerce, moving it from a platform-centric model to ...
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