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India's e-commerce market was worth about $3.9 billion in 2009. As per "India Goes Digital", [10] a report by Avendus Capital, the Indian e-commerce market is estimated at ₹28,500 crore ($6.3 billion) for the year 2011. Online travel constitutes a sizable portion (87%) of this market today.
Open Network for Digital Commerce (ONDC) is a public technology initiative launched by the Department for Promotion of Industry and Internal Trade (DPIIT), Government of India to foster decentralized open e-commerce model and is led by a private non-profit Section 8 company.
“We expect the online retail market in India to grow at a CAGR of 29.2% to cross $73 billion in 2022, representing nearly 5.7% of total retail sales,” says… India’s e-commerce market is ...
The company stated that "there is a huge growth potential for e-commerce in India and significant opportunity for multiple players to succeed in India's diverse, domestic market." [41] Softbank Group also sold its entire 20% stake to Walmart without disclosing the terms of the sale. [100]
[14] [15] IndiaMART became the first online B2B marketplace to go public in India. [16] As of 2019, IndiaMART was the largest Indian B2B marketplace for businesses with about 60% market share, according to KPMG. [16] In 2019, IndiaMART led the Series A funding round in Vyapar. [17]
Banks in India are authorised to issue RuPay debit cards to their customers for use at ATMs, PoS terminals, and e-commerce websites. RuPay's market share rose from 0.6% in 2013 to 50% by November 2018. [ 153 ]
Reliance is the largest public company in India by market ... services in the e-commerce ... at a price of Rs. 60 per share. The market crashed by 30% after it ...
Indian e-commerce industry net income in 2017: ₹2.46 trillion. Indian e-commerce industry net income estimated in 2018: ₹3.02 trillion. Indian e-commerce industry net income in 2019 proved the improvement of the socio-economy that it has attracted ₹2.58 trillion in only 6 early months of the year.