ONDC discounts, incentives not funded by govt money: CEO T Koshy
ONDC's own funds essentially comprise the Rs 180 crore that was raised from 19 banks and financial institutions
Source: moneycontrol.com
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Prices set to rise on ONDC as platform reduces incentives to seller-side apps
ONDC recently informed its seller-side applications that delivery cost incentives will now have limits, effective from May 9.
Source: businesstoday.in
E-commerce start-up Coutloot joins ONDC to democratise e-retail
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.
Source: businesstoday.in
NSDL buys 5.6% stake in ONDC for Rs 10 crore
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.”
Source: businesstoday.in
India to launch open e-commerce network to take on Amazon, Walmart: Report
India to launch open e-commerce network to take on Amazon, Walmart: Report
Source: freepressjournal.in