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ONDC discounts, incentives not funded by govt money: CEO T Koshy

May 11, 2023

ONDCs own funds essentially comprise the Rs 180 crore that was raised from 19 banks and financial institutions

Narendra Modi Network For Digital Commerce Quality Council Of India Open Network Digital Commerce Quality Council

Source: moneycontrol.com

Prices set to rise on ONDC as platform reduces incentives to seller-side apps

May 10, 2023

ONDC recently informed its seller-side applications that delivery cost incentives will now have limits, effective from May 9.

Network Digital Commerce Open Network Digital Commerce E Commerce Ondc Food Delivery Ondc Platform Ndc India

Source: businesstoday.in

E-commerce start-up Coutloot joins ONDC to democratise e-retail

November 14, 2022

Coutloot has more than seven lakh street shops and small businesses on its platform that have gained customers and increased their profit margins; Open Network for Digital Commerce or ONDC is a government initiative that is freely accessible and aims to democratise e-commerce.

Dilip Asbe Mahima Kaul Network For Digital Commerce Open Network Digital Commerce Jasmeet Thind

Source: businesstoday.in

NSDL buys 5.6% stake in ONDC for Rs 10 crore

October 12, 2022

Commenting on the deal, NDSL MD and CEO Padmaja Chunduru said, “This strategic deal will further strengthen the digital ecosystem to take digital e-commerce to the people of India.”

Padmaja Chunduru Innobits Mystore Commerce Ministry Department For Promotion Of Industry National Securities Depository Limited Network For Digital Commerce

Source: businesstoday.in