Stay updated with breaking news from Open Network. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
ONDC: Asked if big startups would overshadow smaller players, DPIIT secretary Rajesh Kumar Singh said it will increasingly get traction for all types of players that comes to the ecommerce marketplace.
The government-run Open Network for Digital Commerce (ONDC) facilitated 7.22 million transactions in April and onboarded over 5 lakh sellers, Department for Promotion of Industry and Internal Trade (DPIIT) said on Friday.
The ONDC Startup Mahotsav is positioned as an inflexion point for startups in India to leverage the opportunities unlocked by ONDC.
The Department for Promotion of Industry and Internal Trade (DPIIT) has disclosed that twelve well-known unicorn companies have signed letters of intent (LoIs) to join the Open Network for Digital Commerce (ONDC), in a calculated move that aims to transform digital commerce in India.
Several blockchain platforms have emerged as promising contenders as investors seek alternatives to Ethereum.