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Merchant Seller Acquisition Onboarding Agency in Mumbai.pdf
1. Merchant Seller Acquisition Onboarding Agency in
Mumbai
MUMBAI
Mumbai ( also known as Bombay — the official name
until 1995) is the capital city of the Indian state of
Maharashtra. According to the United Nations, as of
2018, Mumbai is the second-most populous city in the
country after Delhi and the seventh-most populous city
in the world with a population of roughly 20
million.[16] As per the Indian government population
census of 2011, Mumbai was the most populous city in
India with an estimated city proper population of 12.5
million living under Municipal Corporation of Greater
Mumbai.[17] Mumbai is the centre of the Mumbai
Metropolitan Region, the sixth most populous
metropolitan area in the world with a population of over
23 million.[18] Mumbai lies on the Konkan coast on the
west coast of India and has a deep natural harbour. In
2008, Mumbai was named an alpha world city.[19][20]
It has the highest number of millionaires and
billionaires among all cities in India.[21][22] Mumbai is
home to three UNESCO World Heritage Sites: the
Elephanta Caves, Chhatrapati Shivaji Maharaj
Terminus, and the city’s distinctive ensemble of
Victorian and Art Deco buildings.[23][24]
The seven islands that constitute Mumbai were
originally home to communities of Marathi language
speaking Koli people.[25][26][27] For centuries, the
seven islands of Bombay were under the control of
2. successive indigenous rulers before being ceded to the
Portuguese Empire, and subsequently to the East India
Company in 1661, through the dowry of Catherine
Braganza when she was married off to Charles II of
England.[28] During the mid-18th century, Bombay
was reshaped by the Hornby Vellard project,[29] which
undertook reclamation of the area between the seven
islands from the sea.[30] Along with construction of
major roads and railways, the reclamation project,
completed in 1845, transformed Bombay into a major
seaport on the Arabian Sea. Bombay in the 19th century
was characterised by economic and educational
development. During the early 20th century it became a
strong base for the Indian independence movement.
Upon India’s independence in 1947 the city was
incorporated into Bombay State. In 1960, following the
Samyukta Maharashtra Movement, a new state of
Maharashtra was created with Bombay as the capital.
Mumbai is built on what was once an archipelago
of seven islands: Isle of Bombay, Parel,
Mazagaon, Mahim, Colaba, Worli, and Old
Woman’s Island (also known as Little Colaba).[67]
It is not exactly known when these islands were
first inhabited. Pleistocene sediments found along
the coastal areas around Kandivali in northern
Mumbai suggest that the islands were inhabited
since the South Asian Stone Age.[68] Perhaps at
3. the beginning of the Common Era, or possibly
earlier, they came to be occupied by the Koli
fishing community.[69][70]
In the 3rd century BCE, the islands formed part of
the Maurya Empire, during its expansion in the
south, ruled by the Buddhist
emperor Ashoka of Magadha.[71] The Kanheri
Caves in Borivali were excavated from basalt rock
in the first century CE,[72] and served as an
important centre of Buddhism in Western India
during ancient Times.[73] The city then was known
as Heptanesia (Ancient Greek: A Cluster of Seven
Islands) to the Greek geographer Ptolemy in
150 CE.[74] The Mahakali Caves in Andheri were
cut out between the 1st century BCE and the 6th
century CE.[75][76]
Between the 2nd century BCE and 9th century CE,
the islands came under the control of
successive indigenous
dynasties: Satavahanas, Western
Satraps, Abhira, Vakataka, Kalachuris, Konkan
Mauryas, Chalukyas and Rashtrakutas,[77] before
being ruled by the Shilaharas from 810 to
1260.[78] Some of the oldest edifices in the city
built during this period are the Jogeshwari
Caves (between 520 and 525),[79] Elephanta
Caves (between the sixth to seventh
century),[80] Walkeshwar Temple (10th