News

Appreciate Becomes the First Company to Enable Mutual Fund Investments on ONDC Network In a significant milestone for India's financial services sector, Appreciate carried out the first low ticket (Rs. 100) mutual fund transaction on the Open Network for Digital Commerce (ONDC) Network. Appreciate is one of the first buyer apps to go live on ONDC Network offering mutual fund (MF) investments via Appreciate integrated investment platform. The launch forms part of Appreciate and ONDC Network's broader strategy to democratize access to...
Appreciate Becomes the First Company to Enable Mutual Fund Investments on ONDC Network
Appreciate Becomes the First Company to Enable Mutual Fund Investments on ONDC Network
Source: PR Agency
2024-10-08 04:38:04 pm
Zupee Enters into Strategic Partnership with ONDC to Boost User Acquisition and Thriving Gaming Community In its bid to promote Indian board games , Zupee, India’s largest skill-based Ludo platform, has entered into an agreement with the Government-backed e-commerce platform, ONDC (Open Network for Digital Commerce) to make skill-based games from Zupee more accessible to the masses. Under the agreement, Zupee is registered as a Seller application on the platform, with the pioneering gaming company offering its popular game of Ludo, through ONDC. Speaking about the partnership, Di...
Zupee Enters into Strategic Partnership with ONDC to Boost User Acquisition and Thriving Gaming Community
Zupee Enters into Strategic Partnership with ONDC to Boost User Acquisition and Thriving Gaming Community
Source: PR Agency
2024-09-16 03:25:50 pm
ONDC`s new Saarthi app to help businesses to create multilingual buyer apps The Open Network for Digital Commerce (ONDC) on Wednesday launched Saarthi, a reference application designed to assist businesses in creating customised multilingual buyer apps.  Developed together with Bhashini -- an AI-driven language translation tool -- Saarthi will offer advanced multilingual features for a more inclusive digital commerce experience to ONDC participants. The application initially supports 5 languages -- Hindi, English, Marathi, Bangla, and Tamil. It plans to sc...
ONDC`s new Saarthi app to help businesses to create multilingual buyer apps
ONDC`s new Saarthi app to help businesses to create multilingual buyer apps
Source: IANS
2024-09-12 10:49:50 am
Trade Connect e-Platform to help achieve $1 trillion merchandise export target: Union Commerce Minister Reiterating the $1 trillion merchandise and $1 trillion services export target for 2030, Union Commerce Minister Piyush Goyal said on Wednesday that the target can be achieved with the new ‘Trade Connect e-Platform.’  The platform is a single window initiative that is fast, accessible and transformational as it will enable exporters to add newer markets. “The e-Platform will enable India increase its global market share and aid small businesses. It can also help s...
Trade Connect e-Platform to help achieve $1 trillion merchandise export target: Union Commerce Minister
Trade Connect e-Platform to help achieve $1 trillion merchandise export target: Union Commerce Minister
Source: IANS
2024-09-12 09:20:48 am
5 cr MSMEs registered, aim to ramp up credit guarantees by another Rs 5 lakh cr: Centre The number of registered micro, small and medium enterprises (MSMEs) increased from 1.65 crore to 5 crore in the last one year, the government informed on Tuesday, thus bridging a large gap in formalisation of MSMEs.  According to Dr Rajneesh, additional secretary and development commissioner, Ministry of MSME, several MSMEs needed to register with the government, and it was estimated that there were around 6.5-7 crore MSMEs in the economy and only 1.65 crore MSMEs were registered til...
5 cr MSMEs registered, aim to ramp up credit guarantees by another Rs 5 lakh cr: Centre
5 cr MSMEs registered, aim to ramp up credit guarantees by another Rs 5 lakh cr: Centre
Source: IANS
2024-09-10 04:59:54 pm
ONDC onboards over 6 lakh sellers, enables 1.2 crore orders per month The government-run Open Network for Digital Commerce (ONDC) is now enabling more than 1.2 crore orders per month, with over six lakh sellers live on the network, it was announced on Tuesday.  ONDC was awarded the prestigious gold award under the category ‘application of emerging technologies for providing citizen-centric services’ in the National Awards for e-Governance (NAeG) at an event here. The network is empowering a diverse range of sellers, including lakhs of sma...
ONDC onboards over 6 lakh sellers, enables 1.2 crore orders per month
ONDC onboards over 6 lakh sellers, enables 1.2 crore orders per month
Source: IANS
2024-09-04 09:20:36 am
Digital QR ticketing for DTC buses now live on the ONDC Network The Delhi Transport Corporation's (DTC) city bus digital QR ticketing system is now live on the ONDC Network, making it the first public bus transportation service to onboard the Open Network. This is a significant integration as India's most popular means of transit — public buses — will become more accessible and convenient for commuters' daily travels.  As part of this, both DTC and Delhi Integrated Multi-Modal Transit System (DIMTS) bus services are now int...
Digital QR ticketing for DTC buses now live on the ONDC Network
Digital QR ticketing for DTC buses now live on the ONDC Network
Source: PR Agency
2024-09-02 06:05:12 pm
India`s fintech industry received record $31 bn investment in last 10 years: PM NarendraModi  India's fintech revolution is improving financial inclusion as well as driving innovation and in the last 10 years, the industry has received a record investment of more than $31 billion, along with witnessing a startup growth of 500 per cent, Prime Minister Narendra Modi said on Friday.   Addressing the 'Global Fintech Fest (GFF) 2024' in the country's financial capital, PM Modi highlighted affordable mobile phones, inexpensive data, and Jan Dhan Bank accounts, ...
India`s fintech industry received record $31 bn investment in last 10 years: PM NarendraModi
India`s fintech industry received record $31 bn investment in last 10 years: PM NarendraModi
Source: IANS
2024-08-30 03:31:17 pm
MSMEs key to making India a leading electronics manufacturing destination: MeitY Secretary The Micro, Small, and Medium Enterprises (MSME) sector can play a key role in making India a leading electronic manufacturing destination, S. Krishnan, Secretary, Ministry of Electronics and Information Technology (MEITy), said on Wednesday.   In his address at the CII MSME Growth Summit here, he said that this can be achieved by increasing the proportion of domestically manufactured components. "Manufacturing will play a major role in the structural transformation of the Indi...
MSMEs key to making India a leading electronics manufacturing destination: MeitY Secretary
MSMEs key to making India a leading electronics manufacturing destination: MeitY Secretary
Source: IANS
2024-07-11 10:01:43 am
ONDC Network records 3.7 lakh orders per day during T20 World Cup Final 2024 The Open Network for Digital Commerce (ONDC), an initiative aimed at democratizing e-commerce in India, recorded a high influx of orders during the recent T20 World Cup Final. The day Team India lifted the trophy after 13 years, the ONDC Network also hit a new milestone of 374,000 orders in a single day during the finals. This showcases the Open Network's ability to handle high-volume transactions during significant events. Additionally, the F&B category saw exceptional growth, rec...
ONDC Network records 3.7 lakh orders per day during T20 World Cup Final 2024
ONDC Network records 3.7 lakh orders per day during T20 World Cup Final 2024
Source: PR Agency
2024-07-02 11:51:06 am
ONDC records 3.7 lakh orders on day of T20 World Cup final The government-run Open Network for Digital Commerce (ONDC) on Monday said that it recorded 374,000 orders in a single day during the T20 World Cup final. "This showcases the Open Network's ability to handle high-volume transactions during significant events. Additionally, the F&B category saw exceptional growth, recording 61,000 orders," the ONDC said in a statement. These figures demonstrate the increasing adoption of the ONDC Network approach and its role in transfo...
ONDC records 3.7 lakh orders on day of T20 World Cup final
ONDC records 3.7 lakh orders on day of T20 World Cup final
Source: IANS
2024-07-02 09:46:04 am
ONDC adds 300 sellers, 400 women entrepreneurs to its network The government-run Open Network for Digital Commerce (ONDC) on Monday announced empowering 300 sellers and 400 women entrepreneurs, by adding them to its e-commerce network.  The 300 sellers were from six clusters across India, including Lucknow (Chikankari), Moradabad (Brassware), Kanchipuram (Kanchipuram sarees), Varanasi (Benarasi Sarees), Khurja (Pottery), Bargarh (Sambhalpuri sarees), and were activated on the digital network with partnership from the Small Industries Development...
ONDC adds 300 sellers, 400 women entrepreneurs to its network
ONDC adds 300 sellers, 400 women entrepreneurs to its network
Source: IANS
2024-07-01 05:37:16 pm
Will help 5 lakh MSMEs onboard ONDC, half of them women-led enterprises: Minister In a bid to empower micro, small and medium enterprises (MSMEs), the government has announced an initiative to onboard five lakh MSMEs on to the Open Network for Digital Commerce (ONDC).  The initiative, called 'MSME TEAM', aims to provide financial assistance for onboarding, cataloguing, account management, logistics, packaging material and design of 5 lakh MSMEs on the ONDC network. Half of these beneficiary MSMEs will be women-owned enterprises, said Union Minister for M...
Will help 5 lakh MSMEs onboard ONDC, half of them women-led enterprises: Minister
Will help 5 lakh MSMEs onboard ONDC, half of them women-led enterprises: Minister
Source: IANS
2024-06-28 12:32:06 pm
Logistics tech provider Pidge joins govt-run ONDC Network Logistics technology provider Pidge on Wednesday said that it joined the government-run Open Network for Digital Commerce (ONDC) to accelerate e-commerce growth in hyperlocal and same-city deliveries across India.  Using Pidge's extensive network of over 200 regional and national partners, this initiative aims to increase e-commerce penetration beyond the current 5 per cent level in the country. "ONDC Network aims to ensure inclusivity for sellers, especially SMEs, among o...
Logistics tech provider Pidge joins govt-run ONDC Network
Logistics tech provider Pidge joins govt-run ONDC Network
Source: IANS
2024-06-12 03:24:00 pm
`ONDC will become a formidable e-commerce player in near future` The government-run Open Network for Digital Commerce (ONDC) is set to become a formidable e-commerce player in the near future, said ONDC MD and CEO T Koshy on Monday. In an interview with IANS, Koshy said that the good traction the platform received in the last 15 months proves that ONDC has the potential to completely transform the e-commerce landscape. “We definitely will become a formidable e-commerce player in the near future. We will have the complete transformational capabi...
`ONDC will become a formidable e-commerce player in near future`
`ONDC will become a formidable e-commerce player in near future`
Source: IANS
2024-06-10 04:13:49 pm
ONDC seeing variety of participation from small businesses across India: CEO T Koshy From farmer producer organisations to Kanjeevaram silk weavers to self-help groups like Kerala's Kudumbashree, the government-run Open Network for Digital Commerce (ONDC) is seeing a variety of participation from small businesses across India, said T Koshy, MD & CEO. Speaking to IANS, Koshy said that the idea of ONDC, an initiative of the Department of Promotion of Industry and Internal Trade (DPIIT) under the Ministry of Commerce, was "conceptualised about three years ago whe...
ONDC seeing variety of participation from small businesses across India: CEO T Koshy
ONDC seeing variety of participation from small businesses across India: CEO T Koshy
Source: IANS
2024-06-10 01:55:58 pm
ONDC Network records 5 million retail orders in May 2024 The Open Network for Digital Commerce (ONDC) continued its strong growth momentum in May 2024, recording an all-time high of 8.9 million transactions across retail and ride-hailing segments. This represented a robust 23% month-on-month increase in total transaction volume.   In the retail segment, the Network hit a new peak of 5 million orders in May, up from 3.59 million in April. The Open Network also saw a single-day record of 200,000 retail transactions during the month. The gr...
ONDC Network records 5 million retail orders in May 2024
ONDC Network records 5 million retail orders in May 2024
Source: PR Agency
2024-06-04 09:00:52 am
ONDC clocks all-time high of 8.9 million transactions in May The government-run Open Network for Digital Commerce (ONDC) on Monday said it recorded an all-time high of 8.9 million transactions across retail and ride-hailing segments in May.   This represented a robust 23 per cent month-on-month increase in total transaction volume, the ONDC said in a statement.  In the retail segment, the ONDC hit a new peak of 5 million orders in May, up from 3.59 million in April. The network also saw a single-day record of 200,000 retail transactions...
ONDC clocks all-time high of 8.9 million transactions in May
ONDC clocks all-time high of 8.9 million transactions in May
Source: IANS
2024-06-03 05:40:06 pm
17 teams emerge as winners in `Build for Bharat` initiative by ONDC, others Seventeen teams emerged as winners in the 'Build for Bharat' initiative, launched by the government's Open Network for Digital Commerce (ONDC), in collaboration with Startup India, Google Cloud India, Antler in India, Protean and Paytm, it was announced on Wednesday.  Launched on December 4, 2023 across more than 50 cities, the 'Build for Bharat' initiative saw over 27,000 participants representing startups, companies and colleges from across the country. The in...
17 teams emerge as winners in `Build for Bharat` initiative by ONDC, others
17 teams emerge as winners in `Build for Bharat` initiative by ONDC, others
Source: IANS
2024-05-29 02:49:20 pm
Pluckk clocks Rs 100 cr ARR, aims to double revenue in 12 months Pluckk, a pioneering digital lifestyle-oriented fresh food brand, has concluded FY24 with an Annualised Revenue Runrate (ARR) of Rs 100 crore.   Operating in major cities like Delhi, Mumbai, Bangalore and Pune, Pluckk is available on over eight marketplace platforms, connecting farmers to half a million homes and delivering over 2 million products every month. The brand’s impressive growth trajectory can be attributed to strategic partnerships with leading industry giants suc...
Pluckk clocks Rs 100 cr ARR, aims to double revenue in 12 months
Pluckk clocks Rs 100 cr ARR, aims to double revenue in 12 months
Source: IANS
2024-05-29 01:54:09 pm
Government-run ONDC facilitates 7.22 mn transactions in April, onboards over 5 lakh sellers  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. Among the 5 lakh sellers, more than 70 per cent are small or medium-sized sellers. At least 12 unicorns and over 125 startups have committed to onboarding ONDC to date, it was announced at the 'ONDC Startup Mahotsav' here. "The ONDC network has ra...
Government-run ONDC facilitates 7.22 mn transactions in April, onboards over 5 lakh sellers
Government-run ONDC facilitates 7.22 mn transactions in April, onboards over 5 lakh sellers
Source: IANS
2024-05-18 08:58:15 am
Government`s ONDC and WinZO partner to boost digitaml comerce in India The government-run Open Network for Digital Commerce (ONDC) on Friday announced a partnership with online gaming platform WinZO to democratise access to digital commerce and foster transparent and fair market access. WinZO is the first skill-based interactive entertainment company to partner with ONDC. WinZO will help ONDC to access over 175 million of its paying users, primarily accessing the Internet in vernacular languages, to connect buyers and sellers to facilitate digital commerce...
Government`s ONDC and WinZO partner to boost digitaml comerce in India
Government`s ONDC and WinZO partner to boost digitaml comerce in India
Source: IANS
2024-05-17 01:55:34 pm
Hero MotoCorp rises on joining ONDC Network Hero MotoCorp is currently trading at Rs. 4958.05, up by 70.10 points or 1.43% from its previous closing of Rs. 4887.95 on the BSE. The scrip opened at Rs. 4920.00 and has touched a high and low of Rs. 5044.00 and Rs. 4904.70 respectively. So far 25973 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 5,044.00 on 14-May-2024 and a 52 week low of Rs. 2611.05 on 15-May-2023. Last one week high and low of the scrip s...
Hero MotoCorp rises on joining ONDC Network
Hero MotoCorp rises on joining ONDC Network
Source: Accord Fintech
2024-05-14 11:50:52 am
Venture Catalysts leads funding in prominent ONDC rails infrastructure platform Plotch.ai Early-stage investment firm Venture Catalysts, on Monday, said that it has led a seed funding round in Plotch.ai, the country's largest Open Network for Digital Commerce (ONDC) rails infrastructure company. Plotch.ai's partnership with Google to integrate AI into the ONDC network is a move to promote local language adoption and enhance accessibility for rural India. The fresh investment (the financial terms were not disclosed) by Venture Catalysts and AC Ventures will fuel Plotc...
Venture Catalysts leads funding in prominent ONDC rails infrastructure platform Plotch.ai
Venture Catalysts leads funding in prominent ONDC rails infrastructure platform Plotch.ai
Source: IANS
2024-04-01 04:42:52 pm
Paytm se ONDC Network celebrates Holi, avail up to 70% off on Ghujiya, Mithai, Thandai, dry fruits, sunglasses and more PAI Platforms Pvt Ltd has announced Holi 2024 sale, ending on March 25, offering exciting offers on Gujiya, Thandai, Holi special food delivery combos on Paytm se ONDC Network. With this, users can shop for a wide range of curated products at discounts up to 70% across various categories such as Food Delivery,  Grocery, Beauty & Personal Care, and Food. This provides an opportunity to users to order from a host of products from famous brands such as Bikanervala, The Man Company, e...
Paytm se ONDC Network celebrates Holi, avail up to 70% off on Ghujiya, Mithai, Thandai, dry fruits, sunglasses and more
Paytm se ONDC Network celebrates Holi, avail up to 70% off on Ghujiya, Mithai, Thandai, dry fruits, sunglasses and more
Source: PR Agency
2024-03-23 09:55:31 am
1.14 lakh startups generate more than 12 lakh jobs in India: FinMin More than 1.14 lakh startups in India have created over 12 lakh jobs so far, the Finance Ministry said in its latest review of the Indian economy. In the report titled, ‘The Indian Economy: A Review January 2024’, the Department of Economic Affairs said that the 1.14 lakh startups recognised by the government under the 'Startup India initiative’ created more than 12 lakh jobs (as of October 2023). The state-owned e-commerce platform Open Network for Digital Commerc...
1.14 lakh startups generate more than 12 lakh jobs in India: FinMin
1.14 lakh startups generate more than 12 lakh jobs in India: FinMin
Source: IANS
2024-01-30 11:58:45 am
Paytm se ONDC Network onboards top restaurants in Bengaluru like Leon`s, Empire Restaurant, and more Paytm E-commerce Private Limited (PEPL) enables users in Bengaluru to order food from top restaurants from the comfort of their homes and avail amazing discounts through Paytm se ONDC Network using Paytm app.    Using this, users in Bengaluru can effortlessly order Biryani and other food items from city's popular restaurants like Meghana Foods, Andhra Gunpowder, Leon’s and Empire Restaurant, and get up to 20% discount.   The inclusion of these top restaura...
Paytm se ONDC Network onboards top restaurants in Bengaluru like Leon`s, Empire Restaurant, and more
Paytm se ONDC Network onboards top restaurants in Bengaluru like Leon`s, Empire Restaurant, and more
Source: PR Agency
2024-01-15 05:50:24 pm
ONDC`s statement on the Central Board of Direct Taxes circular As an integral part of the digital commerce landscape, ONDC welcomes the recent guidelines issued by the CBDT under section 194-O of the Income-tax Act, 1961. These guidelines provide much-needed clarity for participants in the ONDC ecosystem, ensuring that tax implications are well-understood and adhered to. We believe that by providing clarity on the application of Sec 194-O to network models of digital trade where multiple e-commerce entities are involved, these guidelines wil...
ONDC`s statement on the Central Board of Direct Taxes circular
ONDC`s statement on the Central Board of Direct Taxes circular
Source: PR Agency
2024-01-03 12:54:54 pm
Paytm se ONDC Network announces End of Season Sale - offers up to 80% discount on products from boAt, Trident, Prestige, and more Paytm E-commerce Private Limited (PEPL) today announced 'End of Season Sale' on Paytm se ONDC Network. This provides an opportunity to users to order from a host of products from famous brands such as Prestige, Trident, BoAt, etc from the comfort of their homes and avail exciting discounts of up to 80% on Paytm ONDC and get home delivered.   Under this End of Season Sale, users can get Pebble smart watch at up to 80% discount, boAt devices, premium Brown Flax Seeds, Almonds...
Paytm se ONDC Network announces End of Season Sale - offers up to 80% discount on products from boAt, Trident, Prestige, and more
Paytm se ONDC Network announces End of Season Sale - offers up to 80% discount on products from boAt, Trident, Prestige, and more
Source: PR Agency
2023-12-26 03:50:37 pm
The Good Glamm Group Expands Its Reach in India`s Digital Commerce Landscape by joining ONDC Network The Good Glamm Group, South Asia’s largest content-creator-commerce-community conglomerate, is pleased to announce its onboarding onto the Open Network for Digital Commerce (ONDC) as a direct seller.  This strategic move marks a significant expansion of the Good Glamm Group's presence in India's dynamic digital commerce landscape. The ONDC initiative, backed by the Government of India, is set to revolutionize the digital commerce ecosystem in the country. It aims to crea...
The Good Glamm Group Expands Its Reach in India`s Digital Commerce Landscape by joining ONDC Network
The Good Glamm Group Expands Its Reach in India`s Digital Commerce Landscape by joining ONDC Network
Source: PR Agency
2023-12-12 05:58:11 pm
Users can shop on Pincode using ONDC Gift Cards this Diwali Pincode, a local shopping app developed on the ONDC (Open Network for Digital Commerce) Network, on Friday announced that customers can elevate their festive shopping experience by using the newly launched ONDC Gift Cards on the app. For the first time, Pincode is offering the ONDC Gift Card, delivering users a seamless and convenient way to shop this Diwali.  The ONDC Gift Card is a prepaid Rupay card with variable values, catering to the diverse needs of organisations distributin...
Users can shop on Pincode using ONDC Gift Cards this Diwali
Users can shop on Pincode using ONDC Gift Cards this Diwali
Source: IANS
2023-11-10 03:47:00 pm
ONDC announces the appointment of Rachita Gupta as Vice President - Communications Open Network for Digital Commerce (ONDC), an initiative of the Department of Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce, Government of India, recently announced its leadership appointment of Rachita Gupta as Vice President - Communications.  In her current role, Rachita is entrusted with leading the Communications function with a clear mandate to build the brand of ONDC and drive leads for network expansion. A seasoned marketing professional, equipped wit...
ONDC announces the appointment of Rachita Gupta as Vice President - Communications
ONDC announces the appointment of Rachita Gupta as Vice President - Communications
Source: PR Agency
2023-10-25 12:11:02 pm
Delhivery, AWS, Nexus Ventures nurture logistics startups in India Logistics services provider Delhivery on Tuesday announced it has partnered with private equity (PE) firm Nexus Ventures and Amazon Web Services (AWS) for a six-week startup accelerator programme in the country.The first edition of the accelerator programme called Velocity brought together leading financial and sectoral experts to provide incisive, industry-led mentorship to the selected startups. Twenty early-stage startups were selected among 234 applicants. The cohort included warehou...
Delhivery, AWS, Nexus Ventures nurture logistics startups in India
Delhivery, AWS, Nexus Ventures nurture logistics startups in India
Source: IANS
2023-09-26 05:35:16 pm