According to reports, the proposed network infrastructure and services tax has been delayed until April 1 by the government-backed Open Network for Digital Commerce (ONDC). According to a media report, this choice was made following input from stakeholders and network members. It should be noted that ONDC first announced plans
According to Piyush Goyal, the minister of commerce, over 7 lakh vendors and service providers have joined the open network for digital commerce (ONDC) thus far. According to Goyal's post on X, these vendors come from over 600 cities and villages spread all around the nation. He went
In order to help physical businesses contend with the influx of rapid commerce platforms, the Federation of Retailer Association of India (FRAI) has called on the government to develop an "enhanced technology platform." According to a news agency report, the merchants' body stated that such assistance would
According to reports, Aditya Birla Capital has declared that all three of its primary services—lending, insurance, and investments—will be integrated on the Open Network for Digital Commerce (ONDC). Aditya Birla Capital Ltd. (ABCL) asserts that this makes it the first financial services firm to incorporate all three of
The popular ride-hailing service Ola plans to soon extend its food and beverage (F&B) vertical throughout India via the Open Network for Digital Commerce (ONDC). Ola is one of the top two platforms on ONDC that creates significant demand in the F&B market, according to Thampy
In an effort to democratise financial services nationwide, WeCredit, an Udaipur-based firm, has joined the ONDC (Open Network for Digital Commerce) Network, which is supported by the Indian government, as a Buyer App. According to the press note, the strategic integration will make it possible for users—both people and
EaseMyTrip, an Indian travel technology company, has introduced ScanMyTrip.com, which is India's first marketplace that is integrated into the network of the Indian Government Open Network for Digital Commerce (ONDC). As a result of this introduction, EaseMyTrip has also established itself as the first online travel agency
Next two months, the open-source aggregator platform known as the Open Network for Digital Commerce (ONDC) will be launching insurance and mutual fund products. They will also be partnering with MasterCard for credit card processing. Customers with and without salaries will be able to get unsecured credit through ONDC'
The ONDC (Open Network for Digital Commerce) Network, which is supported by the Indian government, now includes VAMA.app, a virtual platform that is changing the conventional offline Mandir ecology into a digital arena. By doing so, VAMA intends to broaden the scope of its app's spiritual offerings,
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In the next 2-3 years, the government-led Open Network for Digital Commerce is likely to start peaking and will likely “head to great success," said Aakash Guglani, Manager at the Digital India Foundation. Guglani, who works at the Digital India Foundation, a not-for-profit organisation that aims at digital inclusion
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The Indian government’s initiative to make eCommerce accessible to every pin code in the country has resulted in the Open Network for Digital Commerce. Since then, ONDC has been touted as the next UPI (Unified Payments Interface) for eCommerce transactions. A one-stop online shopping web for buyers and sellers
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Open Network for Digital Commerce (ONDC) was formed on 31st December 2021. However, the initial pilot phase of this program was launched on 29th April 2022 . The target behind the introduction of this platform in India is to bring scalability and accessibility to the field of e-commerce. The initial idea