start - up platform for consumer protection
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Answer:
According to the current laws, ecommerce startups or firms in India are ... will have to register their platforms with the consumer affairs ...
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Concept:
A startup, sometimes known as a start-up, is a business or project started by an entrepreneur with the goal of finding, developing, and validating a scalable business model. While entrepreneurship refers to all new enterprises, including self-employment and businesses that have no plans to register, startups are businesses that have plans to expand beyond the founder's sole location. Startups endure a lot of uncertainty and failure at first, yet a small percentage of them go on to be successful and important.
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Start - up platform for consumer protection
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Ecommerce companies or firms in India will be required to register their platforms with the consumer affairs ministry under present rules. "Today's consumers are unaware of the spectrum of services provided by courier businesses," says the author. Several service-oriented businesses are capitalising on rising customer demand for convenience as a result of changing urban lives and a population that is short on time. "All of these services are the result of a need and a gap that consumers are experiencing. There is no gap on the demand side; the issue is how well execution occurs on the ground. A few businesses will thrive, while others will perish."