Paytm is getting behavioral data by seeing more of its users’ shopping transactions fulfilling those orders is not its headache. (Hat tip to Moneycontrol, which did the price comparisons recently.) Customers are discovering McChicken meals for 190 rupees ($2.30) on a fintech app like Paytm when the same thing is selling on Zomato Ltd.’s site for 204 rupees. In Bengaluru and New Delhi, thousands of online restaurant orders are bypassing Swiggy and Zomato, the two popular online food-delivery platforms. Those who don’t come on board now with their customer data will repent because, as TechCrunch quoted the minister as saying recently, at some stage “we will also have to cut off those who are left behind.”Īt least that’s where the project is at. The two American-owned market leaders, Walmart’s Flipkart marketplace and Amazon’s India shopping site, can expect the rhetoric to get louder as next year's general elections draw nearer. Commerce Minister Piyush Goyal says India will use the “full force of the government” to promote the open e-commerce network. The political bluster accompanying ONDC, however, is undermining the project’s economic promise. Within seconds, the customer sees a set of choices at a range of price points, along with transparent options for delivery modes, times, and costs provided by a choice of logistics operators. The network makes it possible for them to connect with thousands of sellers across the country who sell on ONDC via their preferred seller app. Buyers can tap into it using any participating app to launch a search for an item. Moving the diverse Indian bazaar of goods and services online democratizes digital commerce for buyers and sellers. ONDC presents an alternative to the existing platform-centric model. In a report with the consulting firm McKinsey & Co., ONDC, the non-profit that has emerged as a result of Nilekani’s advocacy and the government’s blessings, describes how it will expand this stunted landscape:
Only a fraction of them garner meaningful business on platforms. Around 75% of Indians with internet access are not shopping online, while only 5 million out of the country’s 100 million micro, small and medium firms are registered to sell digitally. But I finally wrote 10 Downing Street,” Murty recalled on the popular show.Meanwhile, Nilekani has shifted his gaze to e-commerce. My son also lives there (in UK), but I didn’t remember his complete address. ‘Where are you staying in London?’ My elder sister was with me and I thought should I write '10 Downing Street'. “Once when I had gone, they asked me my residential address. Narayana and Sudha Murty’s daughter, Akshata Murty, is married to Sunak. Very middle class uncle! Didn't recognize him!ĭuring a recent appearance on The Kapil Sharma Show, Sudha Murty recalled an instance when airport officials in the UK refused to believe she is the mother-in-law of UK PM Rishi Sunak. But in the late 90s/early 2000s, NM used to commute economy class Pune-Bangalore in sarkari Indian Airlines. The user said that in the 1990s and early 2000s, the Infosys billionaire would fly economy class on the Pune-Bengaluru route.Ĭan't speak about the situation now. The airhostess didn't recognize him, in fact was brusque when he requested that his jacket be taken away.Īnother Twitter user shared a story of their encounter with Narayana Murthy in response to Chatterjee’s tweet. I was traveling business (upgrade) and the man on the other side of the aisle was him. NM and me was on the same flight Sin-Hkg sector. The airhostess didn't recognize him, in fact was brusque when he requested that his jacket be taken away,” Chatterjee tweeted on Wednesday. “NM and me was on the same flight Sin-Hkg sector. In fact, she even acted brusquely when Murthy requested that his jacket be taken away. The founder of Infosys apparently had no airs and graces about him – for the flight attendant failed to recognise him. In fact, one incident involving Narayana Murthy on a commercial flight came to light when a Twitter user recalled his encounter with the Infosys co-founder.Īnindya Chatterjee, CEO of Saleswah CRM, said he sat next to Narayana Murthy on a flight from Singapore to Hong Kong in the early 2000s.Ĭhatterjee said that both he and Murthy were seated in the business class section of the flight. The billionaire couple has been spotted travelling around Bengaluru in their old Maruti Alto and eschewing chartered jets for commercial flights. Despite being counted among India’s richest, Infosys founder Narayana Murthy and his wife Sudha Murty are known to lead a simple life.
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