Nandan Nilekani-backed ShopX sees $1 billion GMV this fiscal - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Nandan Nilekani-backed ShopX sees $1 billion GMV this fiscal

ShopX currently operates across 460 towns, processing about 20,000 transactions daily. The company enables merchants and small retailers to connect with brands through its platform, bringing down their supply chain costs by 40-60%, Amit Sharma, CEO, ShopX said. It also provides digital payment options and a loyalty programme to retailers.

from Industry-Economic Times
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