Moneycontrol

Taking a cue from the success of UPI, the Centre plans to create an Open Network for Digital Commerce (ONDC) – a platform for sellers & logistics providers to connect with buyers.

https://www.moneycontrol.com/news/business/government-planning-open-network-platform-for-e-commerce-hopes-for-upi-like-success-7156881.html

#UPI #ONDC #Ecommerce

Moneycontrol

Government Planning Open Network Platform For E-commerce, Hopes For UPI-like Success

The ONDC model is thus being viewed as a potential competitor to Amazon and Flipkart and officials are hopeful of a UPI-like success once large private players come on-board.

9.5K views16:56

Moneycontrol

#MCTech3 ⚡️ Top tech and startup news this evening 🔥

✴️ Govt discourages building new apps for #ONDC
✴️ Notion CEO #IvanZhao eyes India for growth
✴️ Down rounds are normal, says #SiliconValley investor

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https://bit.ly/3N80Ee5

8.7K views15:08

Moneycontrol

Among the several changes being introduced on ONDC, some major ones will likely discourage buyers from using the network

#ONDC #ECommerce

7.8K views02:38

Moneycontrol

#StartupsWithMC: The food delivery industry is seeing a fresh crop of players that are tweaking the food delivery busines, including hitching a ride with the private not-for-profit company #ONDC

Read 👇
http://bitly.ws/I7dw

Moneycontrol

New food delivery startups mushroom, but pin hopes on ONDC for scale

Undeterred by the many failures in the segment, at least two new players hope to cook up something new.

6.5K views03:08

Moneycontrol

#MCTech3 | Top tech & startup news this evening

✴️ End of an era as Bansal, Accel, Tiger exit Flipkart
✴️ Indian startup funding tanks 77%
✴️ Tomatoes sell like hot potatoes on #ONDC

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https://www.moneycontrol.com/news/technology-startup/newsletters/MCTech3/tech3-it-s-the-end-of-an-era-at-flipkart-startup-funding-tanks-77-in-india-and-more?utm_source=telegram&utm_medium=social

8.9K views14:47

Moneycontrol

#PMModiOnMoneycontrol: The Open Network for Digital Commerce (#ONDC) will create a level playing field on digital platforms for various stakeholders, Prime Minister Narendra Modi told Moneycontrol in an exclusive interview

Read here👇
https://www.moneycontrol.com/news/business/foreign-delegates-amazed-other-countries-keen-on-associating-with-upi-pm-modi-11317711.html?utm_source=telegram&utm_medium=social

Moneycontrol

Foreign delegates amazed; other countries keen on associating with UPI: PM Modi

India accounted for almost half of the real-time digital transactions that happened in the world. UPI is looking at one billion transactions a day within the next three years and is aiming for two billion transactions a day by 2030.

5.5K views03:39

Moneycontrol

#MCBullishonIndia: India has been a pioneer in creating & deploying digital public infrastructure at a scale never seen before. Whether it is #UPI or #Aadhaar or #ONDC, the applications that are being built on top of this infrastructure are having a multiplier effect on the #economy. On a global scale, how do you see India’s contribution making a difference?

Here's what PM Modi said 👇
lnk.bio/s/Moneycontrol.com/a7f77

6.8K views12:26

Moneycontrol

#TechWithMC | In Feb, the #ONDC registered over 7.5 million transactions, marking a 15% increase from the previous month.

Deepsekhar Choudhury reports⏬
https://www.moneycontrol.com/news/technology/ondc-records-over-7-5-million-transactions-in-february-up-15-from-previous-month-12396811.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial

Moneycontrol

ONDC records over 7.5 million transactions in February, up 15% from previous month

ONDC clocked 7.5 million transactions in February, of which 3.8 million were for ride hailing and the remaining 3.7 million were retail purchases

10.7K views08:26

Moneycontrol