Adani Group Eyes Entry into E-Commerce and Payments Segment, Seeks UPI License
Adani Group is reportedly planning to enter India's e-commerce and payments services, such as UPI and ONDC
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Adani Group is reportedly planning to enter India's e-commerce and payments services, such as UPI and ONDC
This move marks a significant step in the conglomerate's efforts to diversify into the fast-growing consumer markets of digital payments and e-commerce.
TECH NEWS : Adani Group, led by billionaire Gautam Adani, diversifying into e-commerce and digital payments sectors in India per FT report.
India's payments market is expected to reach $814.43 billion in 2029, from $357.51 billion in 2024.
The rapid adoption of quick commerce and food delivery apps is eating into the sales of retail, and quick service restaurants. This and more in todays ETtech Top 5.