PHYGICART E-COMMERCE PRIVATE LIMITED
Phygicart E-commerce Private Limited Details
CIN | U52609KL2017PTC049681 |
Status | ACTIVE |
Company Category | Company Limited by Shares |
Company Sub-category | Indian Non-Government Company |
Company Class | Private |
Business Activity | Trading |
Authorized Capital | 10.0 lakhs |
Paid-up Capital | 1.0 lakhs |
Paid-up Capital % | 10.0 |
Registrar Office City | ROC-Ernakulam |
Registered State | Kerala |
Registration Date | 06 Jul, 2017 |
Phygicart E-commerce Private Limited News
Shopify notifies merchants it will discontinue its advanced cash-on-delivery app by month end
Shopify has not given a reason for discontinuing the COD app in India, which is still largely a cash-driven market where several small and medium merchants rely on cash on delivery for their online orders. The company helps small and medium businesses build and sell online stores, has recommended a few alternative apps, including Indian e-commerce enabler GoKwik’s Kwik COD app and COD King.
Insurance and mutual funds to be soon available on ONDC
The Open Network for Digital Commerce (ONDC) is launching insurance, mutual fund products, and unsecured digital loans. Partnering with MasterCard for credit card offerings, ONDC aims to provide accessible credit solutions. Since its inception, ONDC has processed over 68 million transactions, promoting financial inclusion and democratizing digital commerce in India.
Not against ecommerce firms, want them to be fair and honest: Piyush Goyal
"What the country always desires is fair play, is honesty'¦ for the customer, honesty to the supplier of goods and services and to ensure that other people also have a fair chance to compete against such online business," the Union minister, a member of Parliament from the Mumbai North constituency, said.
Piyush Goyal flays Amazon, unchecked ecomm
Piyush Goyal, India's Commerce Minister, criticized Amazon's $1 billion investment, suggesting it masks predatory pricing and doesn't benefit the economy. He raised concerns about ecommerce disrupting small retailers and questioned a report suggesting no impact on traditional retail jobs. Goyal called for cautious regulation and the need to understand ecommerce's role better.
Amazon's investment in India to make up for its losses; not to support Indian eco: Piyush Goyal
Commerce and Industry Minister Piyush Goyal criticised Amazon's USD 1 billion investment in India, accusing the company of filling losses through predatory pricing that harms small retailers. He questioned the e-commerce business model and potential social disruptions caused by fast-growing online retail. Goyal emphasised the need for orderly technology growth and citizen-centric connectivity. He also disassociated himself from a report on e-commerce impact, expressing concern over the future dominance of e-commerce in India.
* Ministry of Corporate Affairs, 2019, Company/LLP Data, (Government of India administrative body to govern and regulate corporate affairs through the Companies Act 1956 & 2013 including other allied Acts, Bills and Rules) http://www.mca.gov.in/, Updated as on 31 Jul, 2017.
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