DPIIT asks Amazon, Flipkart to reveal details of top sellers, business model & inventory system
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The DPIIT has now swung into action and asked Amazon, Flipkart to reveal the names of their top 5 sellers, price list of goods of preferred vendors and the kind of support provided to sellers. It has asked them to disclose their capital structure, business model and inventory management system along with share details & their association with payment gateways. DPIIT has also asked them to furnish the list & share of sellers.