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E Commerce

Govt Weighs Inventory-Led Ecommerce Framework


SUMMARY

In an effort to spur international trade, the government is reportedly weighing the option of permitting inventory-led ecommerce models for exports

The commerce ministry has held consultations with ecommerce majors, logistics players and trader bodies

Under the current Indian FDI rules, ecommerce platforms can only operate as marketplaces, not as inventory-based models

In an effort to spur international trade, the government is reportedly weighing the option of…



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by Tech In Asia

GoTo’s legal and corporate secretary said the company follows regulations for public companies and will prioritize the interests of shareholders. Source link

by INC42

SUMMARY The due diligence is done, and both sides are negotiating final terms for the cash and equity transaction If the deal closes, it will mark one of the biggest consolidation in India’s auto tech sector Notably, CarDekho entered the unicorn club in October 2021 after raising $250 Mn at a $1.2 Bn valuation. It, however, shut down its used-car retail business in 2023 after high operating costs made it unviable Listed auto marketplace CarTrade is reportedly in advanced stages to acquire rival CarDekho in a deal valued at… Source link

by INC42

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