E-Commerce India 2008 | Hyatt Regency Mumbai|
21st & 22nd January 2008
Oxigen Services India Pvt Ltd. - Silver Sponsor
A presentation on ‘Challenges of delivering services seamlessly using e-commerce in an unbanked environment’ at 12.45 PM on 21st January 2008, by
Mr. Sunil Kulkarni President - Corporate
Oxigen Services India Pvt. Ltd
India is more than a billion people economy, mostly unbanked. With less than 20 million internet subscribers, all e-commerce initiatives are restricted to mostly banked and urban environment, with marginal relevance to masses. Mobile telephony has brought great opportunity to provide service fulfillment in a sub-urban & rural environment. The challenge is that still more than 70% of these 230 million mobile subscribers do not even have a bank account and deal primarily in cash. Next 300 million mobile subscribers in India will come mainly from this unbanked segment.