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  Published Paper Details:

  Paper Title

'Platform Economy': The Booming Business Model in India

  Authors

  Ms. Madhura Apte

  Keywords

Digital ecosystem, Employability, Empowerment, Freelancing, Social Security

  Abstract


Indian economy is riding on new wave of economic transformation pioneered by platform economy, driven by convergence of several factors such as strong digital ecosystem, tech - savvy people, fast pace of urbanization, increasing preference for freelancing, growing entrepreneur spirit among others. As a result, consumers, workers and business organizations look beyond traditional ways of doing business and employment and search for elements such as convenience, flexibility and autonomy, backed by trust and accountability in their day - to - day work and business transactions. Platform economy has the potential to offer these elements and emerge as win - win situation for all its stakeholders. It is also changing the traditional employer - employee relationship. 'Code of Social Security 2020' would prove to be a 'game - changer' in future. The present paper aims to analyse 'platform business' model in India, key growth drivers of this model, weighing its benefits and challenges and way ahead.

  IJCRT's Publication Details

  Unique Identification Number - IJCRT2510305

  Paper ID - 295057

  Page Number(s) - c572-c576

  Pubished in - Volume 13 | Issue 10 | October 2025

  DOI (Digital Object Identifier) -   

  Publisher Name - IJCRT | www.ijcrt.org | ISSN : 2320-2882

  E-ISSN Number - 2320-2882

  Cite this article

  Ms. Madhura Apte,   "'Platform Economy': The Booming Business Model in India", International Journal of Creative Research Thoughts (IJCRT), ISSN:2320-2882, Volume.13, Issue 10, pp.c572-c576, October 2025, Available at :http://www.ijcrt.org/papers/IJCRT2510305.pdf

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ISSN: 2320-2882
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Journal Starting Year (ESTD) : 2013
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ISSN and 7.97 Impact Factor Details


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ISSN
ISSN: 2320-2882
Impact Factor: 7.97 and ISSN APPROVED
Journal Starting Year (ESTD) : 2013
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