'Future Working on Ecosystem with Payment Wallet, Insurance'

Thursday 27th September, 2018

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'Future Working on Ecosystem with Payment Wallet, Insurance*
: The Future Croup is bui Iding an ecosystem of consumption by bringing in new verticals of business such as insurance and payment wallet, chief executive Kishore Biyani said at a conference. Moving forward, offline and online would become phyg-ital, or a blended experience, the pioneer of organised retailing in India said. "The'world is moving into new ways of doing businesses. Ecosystems of consumption have been formed. There are 4-5 ecosystems formed by Amazon, Alibaba andTencent in America and China," Biyani said at the conference, organised by the All India Management Association in New Delhi on Wednesday. "We are buildingour own ecosystem with payments, wallet and insurance." - Our Bureau