New Delhi: India’s e-commerce industry will look quite different, and more democratised, than what has unfolded in both the United States and China, said Henry H. McVey, Head of Global Macro & Asset Allocation, CIO, KKR. This is suggested, he said, by the digitalisation of key consumer and business-focused infrastructure such as payments, which are called Unified Payments Interface or UPI in India, as well as the development of the Open Network for Digital Commerce or ONDC, which is essentially an unbundled version of Amazon for business/logistics/buyers. KKR is a leading global investment firm offering solutions in alternative assets spanning real-estate, private credit, private equity, an
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