Open Network for Digital Commerce : ONDC

The government is launching open network for digital commerce in the Indian market in the later half of 2022. It will be launched from Bangalore, and will roll out in other cities later. ONDC has onboarded a large number of local vendors on the platform. There are 9 other platforms who have onboarded ONDC. Some 17 more platforms are in advanced stages of integration. It has raised a capital of Rs.157 crore from some 17 financial institutions. Microsoft gives ONDC its first Big Tech push by launching a shopping app for Indian consumers.

ONDC is a UPI-like innovation in digital commerce. The app is still in the pilot phase. It expects to have 2 million retailers on digital commerce platforms in the next five years. At present there are 15000 retailers.

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