SBI e-Smart

SBI, India’s largest lender launched SBI e-Smart SME to offer easy working capital to online e-commerce players.




The bank has initially tied up with e-commerce major Snapdeal to offer instant loans to its sellers.

SBI chairman Arundhati Bhattacharya said "The e-commerce growth has created a new ecosystem enabling more than 5 lakh sellers to sell product on digital platform. It has also opened up opportunities for the banking industry.”

Flipkart app tops the ratings

According to the data by SimilarWeb, Flipkart has the highest mobile traffic among the ecommerce sites for December 2015.

Flipkart claims to have 47 per cent of mobile commerce traffic, with its Myntra app being second in place (16 per cent share), based on SimilarWeb’s data.

According to Flipkart, rival Amazon has only 15.86 per cent mobile traffic share, while Snadpeal has 13.84 per cent.

Liberalization of SME retailers

The Small and medium retailers requested a liberal online retailing sector. 

They said in a letter to Nirmala Sitharaman, the minister of Industry and Commerce, "The creation of any definition of Ecommerce should take into consideration that this is a technology platform, which acts as a bridge between sellers and their consumers. The platform does not conduct trading itself."

It added that e-commerce sector is already restricted with business-to-consumer ecommerce still out of bounds for foreign capital and the government should review the possibility of liberalizing the industry.

Online Shopping in India

Nowadays, the impact of online is in tremendous. Besides, it doesn’t matter for an Indian how expensive 3G packs are.

The online shopping is becoming very famous especially mobile online shopping. So, “What makes Indians appy friendly” based on Indians app usage surveys in 2015. Lets Take a look.