Company News
A mentor to help climb the ladderedit
Few know that Urban Ladder founder Ashish Goel was once in the business of selling comic books. Back in 2008, Goel was tasked with reviving popular children’s comic book brand AmarChitraKatha. Keen on learning how brands were built, Goel picked up a lot during that period, and says it was founder Anant Pai who made the greatest impression on him. “He was really unbelievable; he taught me wok ethics,” Goel recalls. “He would arrive at office every morning on time, not a minute late. If, on the rare occasion he was going to be slightly late, he would make sure to inform me before hand.”
Publication: ET Panache
Date: July 30, 2019
Ashish Goelurban ladderCompetition and Industry News
Draft e-commerce policy puts intermediaries in a fixedit
The Department for Promotion of Industry and Internal Trade released the draft national e-commerce policy for India on 23 February 2019. Given that “data is the new oil”, the principal focus of the draft policy is around data localization, sovereign rights over data collected by private parties and the concept of community rights over data. However, the draft policy also touches upon a crucial aspect of e-commerce marketplace businesses, i.e. the role of an e-commerce intermediary.While the existing legal framework (both on foreign exchange laws as well as data protection laws) sets out the role of an intermediary to be merely that of a facilitator.
Publication : Vantage Asia
Date : 29 July 2019
E-commerce policyAmazon crosses 5-lakh seller base in India: Officialedit
E-commerce major Amazon on Monday said its seller base has crossed the five lakh mark in the country boosted by various India-first innovations and traders from small cities and towns. The e-tailer has crossed the mark in its more than five years of operations in the country, an official said. “The seller base has crossed the five-lakh mark,” Amazon India Vice President (Seller Services) Gopal Pillai said while attributing the rise in seller base to various India-first innovations, which encouraged sellers’ participation, especially from tier-II, and -III.
Publication: Moneycontrol
Date: July 29, 2019
Amazon