New Delhi's government-backed Open Network for Digital Commerce expects to register 30-40 million monthly transactions through the platform by March next year, its managing director and chief executive T Koshy said on Wednesday.The open network recorded 10 million transactions in June, a...
New Delhi: Government-backed Open Network for Digital Commerce (ONDC) is expecting 30 to 40 million monthly transactions through the platform by March 2025, its CEO T Kosi said on Wednesday.There were 10 million transactions on the open network in June, up from 7 million in March.“In March...
"This reflects the Open Network's ability to handle high volumes of transactions during important events. Additionally, the F&B category witnessed exceptional growth, registering 61,000 orders," ONDC said in a statement.These figures reflect the growing acceptance of the ONDC network approach...
The 300 vendors were drawn from six clusters across India, including Lucknow (Chikankari), Moradabad (brass), Kanchipuram (Kanchipuram sarees), Varanasi (Barasi sarees), Khurja (pottery), Bargarh (Sambhalpuri sarees), and were activated in the digital platform. network with Small Industries...
Kolkata, The Open Network for Digital Commerce (ONDC), which was set up with the aim of democratizing the country's e-commerce ecosystem, is on track to touch the 10 million transaction mark in June, a senior official said on Thursday. .The open network is adding one million transactions on a...
The app will enable buyers to use a WhatsApp-based conversational UI to search, browse and buy products from sellers in the ONDC network, without the need to download any other mobile app.Beerud Sheth, CEO, Gapsup, said in a statement, “Gassop's Buyer App on ONDC brings the vast commerce...
Utilizing Pidge's extensive network of over 200 regional and national partners, the initiative aims to increase e-commerce penetration in the country beyond the current level of 5 percent.“ONDC Network aims to ensure inclusivity for sellers, especially SMEs, which aligns well with our...
Speaking to IANS, Koshy said the penetration of e-commerce in the digital sector is "only six-seven per cent on the buying side, and maybe one or two per cent on the selling side."He said there is a large section of people who are potential partners on the supply side. Apart from providing...
In an interview with IANS, Koshy said the good traction the platform has received in the last 15 months proves that ONDC has the potential to completely transform the e-commerce landscape.“We will definitely become a strong e-commerce player in the near future. We will have the complete...
Speaking to IANS, Koshy said the idea of ONDC, an initiative of the Department for Promotion of Industry and Internal Trade (DPIIT) under the Commerce Ministry, was "thought of about three years ago when the country was battling the pandemic."The ONDC chief said it was registered as a...
This represents a strong 23 percent month-on-month increase in total transaction volume, ONDC said in a statement.In retail, ONDCs hit a new peak of 5 million orders in May, up from 3.59 million in April. The network also saw a single-day record of 200,000 retail transactions during the month...
New Delhi: Travel tech platform for Easy Trip Planners Limited on Tuesday said it has signed a letter of intent to join the Open Network for Digital Commerce (ONDC).The Letter of Intent (LOI) was signed by the Department for Promotion of Industry and Internal Trade (DPIIT), ONDC and Startup...
ISKCON has partnered with homegrown logistics platform ShipRocket to deliver prasad to devotees and seekers across the country."ISKCON's 'Mahaprasad' on ONDC Network is a testament to the evolving landscape of digital commerce where sacred traditions merge with modern convenience," said T...
New Delhi: Government-backed initiative ONDC (Open Network for Digital Commerce) has started gaining popularity in the e-commerce sector and so far five lakh sellers have joined the platform, a senior official said on Friday.Rajesh Kumar Singh, Secretary, Department for Promotion of Industry...
New Delhi, Online gaming firm WinZO on Friday said it has joined government-backed e-commerce platform Open Network for Digital Commerce (ONDC).This development will enable ONDC to list its services on the WinZO Store which will become accessible to 17.5 crore WinZO users.T Kosi, CEO, ONDC...
Of the 5 lakh sellers, more than 70 percent are small or medium-sized sellers.At least 12 unicorns and more than 125 startups have committed to join ONDC to date, it was announced at the 'ONDC Startup Festival' here.“The ONDC network has grown and matured rapidly over the last one and a half...
New Delhi [India], Over 150 startup stakeholders and 12 unicorns with high-growth businesses such as EaseMyTrip, OffBusiness, Winzo, Livspace GlobalBiz, Pristine Care, Cars24, Physics Wala, Policybazaar and Zerodha signed a Letter of Intent (LoI) . During the first-of-its-kind 'ONDC Startup...
WinZO is the first skill-based interactive entertainment company to partner with ONDC.WinZO will help ONDC reach its more than 175 million paying users, primarily by providing internet access in local languages, connecting buyers and sellers and facilitating digital commerce.ONDC, which...
According to the company, this partnership will further improve reach, providing consumers with an easily accessible digital mode."Now with ONDC Network, we have pioneered automotive assortment for the auto industry, making it easier for customers to find vehicle parts and accessories," Hero...
New Delhi, Two-wheeler major Hero MotoCorp on Monday said it has joined the Open Network for Digital Commerce (ONDC) to increase reach and convenience and provide easily accessible digital modes to customers.The open network will initially offer parts, accessories and merchandise for...