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ONDC INCENTIVES
Oyo readies market debut; IT's comeback rallyOyo's IPO plans are back on track after securing the regulator's nod. This and more in today's ETtech Top 5.- Vibhor Jain appointed CEO and MD of ONDCVibhor Jain has been appointed as the new MD and CEO of ONDC, effective April 7, after serving as acting CEO. He aims to deepen the value O...
- ONDC rolls out monthly support schemes to boost logistics, F&B, grocery, D2C sectorsIndustry insiders are expecting to see higher sales this festive season on the back of this targeted financial assistance programme by ONDC...
- ONDC mulls subsidy comeback amid slowdown in food deliveryThe move, if implemented, will allow firms such as Magicpin, Paytm, Ola Consumer and Waayu to use the ONDC incentives to offer discounts to...
- Ekart goes live on ONDC Network for ecommerce logisticsThis move will help Ekart expand its reach across the country to sellers and brands in the MSME and large enterprise spaces. This initiativ...
- ONDC retail order numbers decline as financial incentives fadeONDC initially provided financial incentives to onboard sellers, drive transactions, and fund customer discounts and offers. However, it ha...
- Ola to go live pan-India soon on ONDC in F&B categoryOla will soon offer food and beverages throughout India on ONDC. Uber is considering joining ONDC for transit and bus services. ONDC aims t...
- ONDC cuts financial incentives for network participants ahead of levying network feeThe open ecommerce network, which offered up to Rs 3 crore in July and Rs 2.5 crore in August as financial incentive per network participan...
- Magicpin to invest Rs 100 crore to onboard 1 lakh new restaurants and cloud kitchens on ONDCMagicpin committed Rs 100 crore to onboard 1 lakh restaurants and cloud kitchens on ONDC, offering zero commission and free home delivery. ...
- ONDC corners 3% order volumes of Swiggy, Zomato: sourcesAs per sources, ONDC facilitates 60,000 orders per day in the food domain, capturing 3% of the total order volumes managed by Swiggy and Zo...
- Magazines can offer subscriptions on ONDCAdvertising-as-a-service to start in June-July; India Post in advanced stages of integration as logistics service provider
- ONDC launches B2B ecommerce, SignCatch and Rapidor join networkWhile SignCatch licences its platform-as-a-service (PaaS) solutions to brands, distributors, retailers, Kochi-based Rapidor is a platform t...
- ONDC can’t scale up using discounts: CEO Thampy KoshyONDC MD & CEO T Koshy speaks to TOI about the growth strategy, big e-commerce firms joining the network. Excerpts:
- ONDC can’t scale up using discounts: CEO T KoshyONDC, which has spent a few crores of rupees on discounts, believes the network cannot scale up on doles and they will be discontinued afte...
- 6 reasons why ONDC changed its incentive structure from June 1ONDC will bring in a new incentive structure from June 1, effectively changing how discounts are offered to customers ordering on the netwo...
- ONDC to launch revised incentive structure from June 1Under the new scheme, the maximum discount that can be offered per order has been limited to Rs 100, compared to Rs 125 earlier. Further, t...
- ONDC benefits may not be enough to offset Zomato, Swiggy scale: JefferiesIt is unsustainable for ONDC-enabled apps to offer higher discounts or lower delivery charges in the absence of the incentives funded by th...
- Paytm may forego buyer app commission on ONDC: sourcesThis may help to further reduce the price on the open source network that is already challenging the duopoly of Swiggy and Zomato in the fo...
- Ola’s valuation slashed 35% to $4.8 billion; ONDC caps incentives for sellers, discounts may reduceLate-stage startups in India are hit by valuation markdowns, a trend which unfolds during all downcycles in technology. After Byju’s, Swigg...
- ONDC caps incentives for sellers; price difference with Swiggy, Zomato may reduceSo far, ONDC was offering an incentive of up to Rs 75 as discount to be provided for logistics for buyeon every eligible order. But with th...
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