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Good morning,
Differing Covid-19 restrictions in various parts of the country and a shortage of delivery agents are starting to delay e-commerce deliveries. A senior executive at an e-commerce firm said the authorities haven’t learnt much from last year’s lockdown.
Also in today’s letter:
The rise of rupee funds
Razorpay’s valuation trebles
Deliver us from Covid
E-commerce firms are starting to feel the impact of restrictions imposed by various state governments and local authorities as India struggles to contain its second wave of Covid-19.