Tech
Festive cheer with GST 2.0; Amazon’s $200 million NBFC bet
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Happy Friday! Ecommerce is expected to win big this festive season on the back of new GST relief. This and more in today’s ETtech Morning Dispatch.
Also in the letter:
■ Kaynes semicon plans
■ Bluestone Q1
■ QuantE funding
Zomato, Swiggy plan to pass on Rs 180-200 crore GST burden
While ecommerce basks in the GST glow, food delivery platforms are dealing with a fresh blow.
The GST Council has ruled that platforms such as Zomato and Swiggy must now pay 18% GST on behalf of their gig workers. This change is expected to cost both firms Rs 180–200…
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