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Praveen@ByBuy Profile picture
Praveen@ByBuy
@PraveenByBuy
Learning by doing: Startup / Product / Growth Co-Founder @Bybuyofficial. Startout. Long: Entrepreneurship, Education, Environment.
Feb 22, 2020 • 8 tweets • 4 min read
A thread on E-commerce 🧵🧶

Here is how e-commerce really works in India. There are two major companies, 1: amazon 🥇2: Flipkart (owned by Walmart).🥈

they both are legally a marketplace. to understand it deeply you need to understand the FDI policy of India for e-commerce In India e-commerce is divided into two models’
🎁(a): marketplace model ( NO inventory can be held by the marketplace ) and FDI in this model is 100%

🎁(B): inventory model (inventory can be controlled by the e-commerce company) and FDI in this model is 0 %.