Executives from different ecommerce companies are likely to meet commerce and industry minister Piyush Goyal to deliberate upon the national ecommerce policy. This comes as the government is trying to understand the business models of online groceries and quick commerce platforms. This and more in todays ETtech Morning Dispatch.
While the initial buzz was that JFS would start off with a lending business given that it has an NBFC licence, the joint venture announcement stumped many.
Talk about being caught in a downward spiral. Cash-starved Dunzo has sharply scaled down operations to about a fifth from last years peak in a move to save cash, while fresh funds arent forthcoming. This and more in todays ETtech Morning Dispatch.